Greedy Red EA V2.6

The Greedy Red EA V2.6 is an Expert Advisor designed for MetaTrader 4. It leverages the Volume Profile FR methodology to calculate volume in price levels, identifying potential reversal areas. When market divergences occur (detected by the RSI Divergence Indicator), the EA opens positions and activates trailing stops to secure potential trades. It’s recommended for trading pairs like AUDNZD, NZDCHF, and XAUUSD, with a minimum deposit of $100 in Cent Accounts or $800 in Standard Accounts.

Description

Greedy Red EA V2.6 Overview

Greedy Red EA V2.6 is a cutting-edge trading robot tailored to maximize your trading potential with sophisticated AI and strategic risk management. Here’s a detailed overview of its features and benefits:

Minimum Deposit

Recommended Minimum Deposit: $100

Time Frame

Best Time Frames to Run: M15, H1, H4
Flexibility: Adapts to various time frames based on market conditions

Currency Pairs

Primary Currency Pairs:
- EUR/USD
- AUDNZD
- USD/JPY
Additional Pairs: Can be used for other major and minor pairs with proper adjustments

Strategy Overview

Advanced AI Algorithms: Utilizes sophisticated machine learning to predict market movements
Risk Management: Integrated risk management to safeguard your capital
Trade Execution: High-frequency trading capability for quick entry and exit in the selected markets
Market Analysis: Continuous analysis to identify profitable trading opportunities

Key Features

User-Friendly Interface: Easy to install and use, suitable for both beginners and experienced traders
Backtesting Capabilities: Thoroughly backtested on historical data to ensure robustness
24/7 Trading: Operates around the clock, taking advantage of global market opportunities
Automatic Updates: Regular updates to incorporate the latest trading algorithms and strategies

How the EA Takes Trades

Signal Generation: Based on technical indicators and market patterns specific to the chosen currency pairs
Trade Placement: Automatically places trades when conditions match predefined criteria
Stop Loss and Take Profit: Automatically sets stop loss and take profit levels for each trade
Position Management: Adjusts positions based on real-time market changes