Greezly Bot Pro EA V100.2

Description

Greezly Bot Pro EA V100.2

Introduction

The Greezly Bot Pro EA V100.2 is an expert advisor (EA) designed for MetaTrader 4. It combines sophisticated algorithms with candlestick analysis to optimize trading performance. Whether you’re a seasoned trader or just starting out, this EA aims to enhance your trading experience.

Key Features

1. Automated Trading Advisor:
   • Greezly Bot Pro operates autonomously, executing trades based on predefined rules.
   • While it excels on the EURUSD pair, you can customize settings for other instruments as well.
2. Timeframes:
   • The recommended timeframes range from M1 to M15.
   • Adjust according to your trading preferences, but M30 is ideal.
3. Volume Management:
   • The EA employs an averaging method to manage trade volume.
   • It gradually increases position size while maintaining safety.
4. Trade Direction:
   • To make informed decisions, Greezly Bot Pro relies on candlestick analysis and price action.
5. Lot Sizes:
   • For optimal risk management, consider using 0.01 lots for every $1500-2000 in your account.
6. Recommended Deposit:
   • While the minimum deposit is $100, we strongly recommend starting with $500.
   • Adjust based on your desired yield and risk tolerance.
7. Risk Mitigation:
   • To reduce risks, consider adjusting the step size:
     • After 4 trades, change the step by 300 pips.
     • After 6 trades, adjust it by 500 pips.
8. Conservative Approach:
   • Greezly Bot Pro boasts 14 years of experience in the market.
   • Expect drawdowns—these are normal, and the robot skillfully navigates them over time.

Strategy

• Grid and Martingale:
  • Greezly Bot Pro combines both grid and martingale strategies.
  • The grid approach allows it to capitalize on price fluctuations.
  • Martingale techniques adjust position sizes based on previous trades.
• Stop Loss (SL) and Take Profit (TP):
  • The EA incorporates SL and TP levels to manage risk and secure profits.
  • These levels are dynamically adjusted based on market conditions.

 

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Additional Resources 

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