Greedy Red EA V2.6 – The Revolutionary Automated Trading Solution
Introducing Greedy Red EA V2.6, the fully automated trading robot that leverages the power of Volume Profile FR. For the first time on the market, an Expert Advisor has been designed with a focus on volume levels in price rather than traditional candle volumes. This advanced approach allows traders to identify key areas with high reversal potential and make informed trading decisions based on solid data.
How Greedy Red EA Works
The Greedy Red EA uses the Volume Profile FR indicator to detect support and resistance levels, thereby enabling it to open positions with high accuracy. By analyzing the volume at different price levels, the EA identifies important zones that are likely to influence market direction. Once a significant level is detected, the EA opens a position and manages it using a trail stop mechanism, ensuring maximum profit potential while minimizing risk.
Unique Algorithm and Trading Strategy
Greedy Red EA’s algorithm is unique and unlike anything else on the market. It utilizes the RSI Divergence Indicator to detect divergences and open positions. If the market moves favorably, the EA trails the stop. If not, it waits for a new divergence and adds to the position volume using the Martingale method. Each trade is protected with a stop-loss to guard against unexpected market fluctuations. The absence of a take-profit level allows the EA to close trades at the most advantageous point, thus maximizing returns.
Why Choose Greedy Red EA?
The Greedy Red EA offers several compelling advantages that set it apart from other Expert Advisors:
Completely unique algorithm with no market equivalent.
Simple and user-friendly interface without unnecessary complications.
Not sensitive to news events or market fluctuations.
Versatile application across different symbols and timeframes.
Maximizes profit with trail stop functionality.
Automated money and risk management features.
Efficient script with no execution errors or lags.
Optimal Usage Recommendations
To achieve the best results with Greedy Red EA, it is recommended to follow these guidelines:
Use accounts with low spreads and minimal commissions.
Utilize the EA’s time filter to trade during market fluctuations and news events.
Run the EA on multiple charts to maximize profits.
Always use the recommended symbols for better adherence to money management principles.
Comprehensive Trading Specifications
Greedy Red EA is designed to operate on a wide range of trading pairs and timeframes, providing flexibility and adaptability. Below is a table detailing the specific recommendations for optimal performance.
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great Bot, recommended