MT4-Greedy Gray

• Contact me after download to send you the user manual PDF file.

• This is the free version of the Greedy-Expert series.
• T he free version works on “USDJPY” chart.

Monitoring the EA in real time:

• Signal 1
• Signal 2
• Signal 3
• Signal 4
• Signal 5

Full Automated trading robot, for the first time on the market, an Expert Advisor is designed based on Volume Profile FR .

Volume Profile FR calculates volume in price levels (typical volume indicator shows only candle volumes).

With the volume of price levels, you can identify important areas that have the potential to reverse.

You can also see the volume of support and resistance levels and decide on them.

Greedy Gray(GG)’s algorithm uses Volume Profile FR to detect support and resistance are and opens position.

You can download the Volume Profile FR Indicator here.

Recommendations

Trading pairs	AUDNZD- NZDCHF - AUDJPY - EURNZD - CHFJPY - AUDCAD - EURUSD CADJPY - EURAUD - NZDCAD - NZDJPY - EURJPY - USDCAD -XAUUSD
Timeframe	M15,M30,H1,H4(M15 is the best)
Minimum deposit	$100 in Cent Account(10000 cents), 800$ in Standard Accounts
Leverage	Minimum : 1:30
Brokers	Every Brokers, ECN account recommended with Low spreads.

Explanation of algorithm

EA 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. Otherwise, it waits for a new divergence and if it occurs, it adds to the position volume by opening a new trade, and all positions have stop-loss to protect against unexpected market fluctuations. Positions do not have a take-profit, and are closed using the trail stop mechanism to gain the maximum possible profit.

All operations such as position opening, trail stop, money management and protection of positions are automatically managed by the EA.

Some advantages of the EA

• Completely unique, there is no similar in the market.
• Simplicity of use without complications to confuse the user.
• Unique algorithm without similar in the market.
• No sensitive about the news and market fluctuations.
• Can be used in different symbols and time-frames.
• Absorbing maximum profit from the market with trail stop capability.
• Automated money/risk management.
• 4000 lines script, no execution errors and lags.

Some recommendations for better performance

• Use in accounts with less spreads and commission
• EA has a time filter, can be used when market has fluctuations and in news time.
• You can run the EA in several chart to overlap profits.
• If new update available, you can download and replace even have open positions, just enter "Magic letter" for each chart as same as before.
• 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.

• Do not change or modify positions manually; Trust the EA, it is a profitable expert, let it make profit for you.

I have designed this EA as simple as I could so that you can easily implement it, if you have any question please contact me, I'm always available.

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