What is Greedy Red EA?

Greedy Red EA is an Expert Advisor is designed based on Volume Profile FR, work on Meta Trader 4 platform. Volume Profile FR calculates volume in price levels (typical volume indicator shows only candle volumes). EA algorithm uses Volume Profile FR to detect support and resistance are and opens position, it detects divergences by the RSI Divergence Indicator and opens a position, If the market moves in according of the position, the expert do trail the stop.

Vendor website: https://www.mql5.com/en/market/product/100966

Original price: $129

ForexEAshop price: $19 (You Save 85%)

Key Takeaways

• Greedy Red EA is an Expert Advisor designed based on Volume Profile FR, operating on Meta Trader 4, and it uses Volume Profile FR to detect support and resistance and open positions, as well as divergence using the RSI indicator.
• The recommended currency pairs for trading with Greedy Red EA include AUDNZD, NZDCHF, AUDJPY, EURNZD, CHFJPY, AUDCAD, EURUSD, CADJPY, EURAUD, NZDCAD, NZDJPY, EURJPY, USDCAD, and XAUUSD, while the recommended time frames are M15, M30, H1, and H4.
• It is advised to use a minimum deposit of $100, leverage of 1:30, and an ECN account with low spreads and commissions, and the positions opened by the EA do not have take profit orders but are closed using stop loss mechanisms to achieve maximum profit.

Greedy Red EA Setting / Feature

• Used on platform: Meta Trader 4
• Currency pairs: AUDNZD, NZDCHF, AUDJPY, EURNZD, CHFJPY, AUDCAD, EURUSD, CADJPY, EURAUD, NZDCAD, NZDJPY, EURJPY, USDCAD, XAUUSD.
• Time frame: M15, M30, H1, H4 (Recommend M15 is the best).
• Minimum deposit: 100$.
• Recommend use leverage: 1:30.
• EA use any broker, ECN account recommend with low spreads.
• Positions do not have a take-profit, and are closed using the trail stop mechanism to gain the maximum possible profit.
• Use in accounts with less spreads and commission.
• EA has a time filter, can be used when market has fluctuations and in news time.
• Recommended symbols are selected due to the daily volatility and also better adherence to money management.
• If you want to use the EA in several charts in an account, you should change the “Magic Letter” in settings, select different for each chart.

Greedy Red EA Review

Experts Advisor on LiteFinanceVC-Live account 1:100 profit 216%

Maximum drawdown: 14.4%

Max deposit load: 4.5%

Trading activity: 100%

Loss Trades: 34.7%

Profit Trades: 65.3%

Algo trading: 100%

Signal on LiteFinanceVC account 1: 100: Click to view

How to install and run the Greedy Red EA Trading Bot in Metatrader 4?

1. Open the Metatrader 4 platform
2. From the top menu, click on “File”
3. Now click on “Open Data Folder”
4. Open the “MQL4” folder
5. Open the “Experts” folder
6. Copy the Greedy Red v2.6.ex4 file here
7. Then close and restart the MT4 platform
8. Attach the Expert Advisor to the chart

Now, you are ready to start using the Greedy Red EA v2.6 MT4 Without DLL!

If you have any questions regarding EA installation, you can view the information in the Help Center to assist you in installing the EA: Click to view

You can watching How to video set Greedy Red EA:

Greedy Red EA Download

Link download Greedy Red EA v2.6 MT4 Without DLL will be sent to your email after purchase.

Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

+ Expert Advisor Download :

• Greedy Red v2.6.ex4
• Unlimited / NoDLL / Build New
• Free 1 Year Updates (If there is a new update, please check in the download on the forexeashop website or you can contact us via Email or Telegram Lucas Jason and provide proof of purchase, we will send you the update)

Shopping Guide and Important Information

We Accept Payment: Cryptocurrency, USDT, Binance Pay, Skrill, Paypal: Click to view

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Memo: Your email + EA name

EA will be send to your email ASAP. The download link will be sent to your email within 5 minutes after the order is confirmed.

Some EAs will need to wait a few hours to up to 12 hours to receive the download link.

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• Term & Condition
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Beginner traders should research and learn about trading before using any EAs.

Please make sure you understand the risks involved with trading and that past performance is no guarantee for future results. (EA could also make losses).

The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.

Before use, please test the EA on a demo account first.

Happy trading!