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Greedy Red

129 USD

Demo downloaded: 1 050

Published: 12 June 2023

Current version: 2.7

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Overview
Reviews (33)
Comments (68)
What's new

Greedy Red

Name: Greedy Red
Price: 129.00 USD
Rating: 4.321429 (28 reviews)
Author: Mihails Babuskins

4.32

Experts
Mihails Babuskins
Version: 2.7
Updated: 30 August 2024
Activations: 9

Contact me after payment to send you the user manual PDF file

Real monitoring signals: Please see links on my profile

Greedy Red is 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 Red(GR)’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.
Account Currency	USD,EUR

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(Martingale method), 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 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.

more...

129

Sanwar Ali Ahmed 2024.12.11 09:59 #

If truly understood what the strategy is behind these bots this is a extremely high-quality expert advisor, this is the first review am writing on any bots after experimenting for three years, thank you

Lamberto José 2024.11.01 12:43 #

Don't listen the haters, you only need to follow the instructions in the pdf, that wat is almost impossible to blow up your account, follow the instructions and have patience, you will have good profit

423

Do Van Duong 2024.07.08 03:33 #

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RSI Divergence Full +10 other divergence indicators Contact me after payment to send you the User-Manual PDF File. Download the MT5 version here. Also you can download the >>> Hybrid Trading EA <<< that is designed and implemented based on RSI Divergence Indicator. RSI is a pretty useful indicator in itself but it's even more effective when you trade divergence patterns with that. Because the divergence signal of the RSI indicator is one of the most powerful signals among the indicators. Di

39 USD

Contact me after payment to send you the user manual PDF file. Download the MT4 version here. Unlocking Trading Insights Dive into the heart of market dynamics with Advance Divergence Scanner designed for traders seeking a competitive edge. The Divergence Indicator is your key to identifying crucial divergences across various charts, empowering you to make informed decisions in the dynamic world of financial markets. The Divergence A Divergence signals a potential reversal point because directi

39 USD

Calculation of Lot Size for many traders is a big challenge. A case that is very important in money management. What many traders ignore. Choosing an appropriate Lot Size in trades can improve results and it will ultimately lead to success. This indicator calculates the authorized Lot Size for your trades. The indicator uses the following values to get the appropriate Lot Size for positioning: The distance of Stop Loss. The Pip Value. The amount of Risk Allowed For Each Trade. The amoun

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Contact me after payment to send you the User-Manual PDF File. Triangle Pattern Sometimes the price cannot make higher highs or lower lows and it moves in a converging price range and waves are shorter than before until the movement creates a geometric shape of a symmetrical triangle, which indicates It is maybe the end of the trend. The triangle pattern is a well-known in forex and the trading plan and strategy of many traders is based on it. The Triangle Pattern Scanner Indicator It is usu

39 USD

Contact me after payment to send you the User-Manual PDF File. Harmonic Trading The secret is the Fibonacci. It has been proven in the markets that price always reacts to Fibonacci levels. Fibonacci levels are one of the most important indicators of price changes. Sometimes the sequence of reactions to these levels in the chart make geometric shapes, which are called harmonic patterns. The price creates harmonic patterns with its fluctuation and reaction to Fibonacci levels. Harmonic patterns c

39 USD

Contact me after payment to send you the User-Manual PDF File. Volume Profile Indicator A functional and useful tool that can improve your trading plan. This indicator 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. Using volume profiles along with Price Action and

79 USD

Contact me after payment to send you the User-Manual PDF File. Double Top/Bottom Pattern Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis are used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns. Searching for this pattern among the cha

30 USD

Contact me after payment to send you the user manual PDF file. Download the MT4 version here. Volume Profile Indicator A functional and useful tool that can improve your trading plan. This indicator 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. Using volume profiles along

69 USD

See my other products here. One Click Order This product helps you to send your order as quickly and easily as possible. Send your order as fast as possible: Just set your position parameter values(Price, TP, SL, Ex Date) with just a few simple mouse drags. On the other hand, the calculation of the losses and profits value before ordering is always a big challenge for traders; This expert is very useful in taking a position and calculating the amount of the stop loss/the take profit(in the curr

FREE

Contact me after payment to send you the User-Manual PDF File. How To Test You can test the indicator by free version, to get the free version please contact me ( the free version scans charts in W1 and MN1 time-frames ) it's free. 123 Pattern Breakout Trend is your friend, trade along the trend, but how do we identify trends? Sometimes the simplest methods have the best results. Pattern 123 is based on the breakout important price levels, when the price is trying to break the previous h

30 USD

Download directly the indicator file here. (if you can't open on MT4) MACD Indicator is one of the most popular momentum indicators among users. Searching and detecting MACD signals by the eye may not be easy. Scan Full Charts Dashboard Indicator with simple user interface and search customization panel saves time and scans all charts for MACD signals search and notifies the user with high accuracy. After finding the signal, the user was aware of the result by alerts and notifications. This ind

FREE

RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec

FREE

Sometimes a trader needs to know when a candle will close and a new one appears to make the right decisions, this indicator calculates and displays the remaining of current candle time . It is simple to use, just drag it on the chart. Please use and express your opinion, expressing your opinions will promote the products. To see other free products, please visit my page.

FREE

Contact me after payment to send you the user manual PDF file. Introduction The moving average indicator is the most well-known and one of the most popular indicators among traders. It is very simple to work with, but a basic question has always become a big challenge among traders: What is the most optimal setting of the moving average for each chart-time frame? The answer to this question is very difficult, you have to try different settings of the moving average indicator for different chart

30 USD

Contact me after payment to send you the user manual PDF file. Introduction Introducing the Wolfe Pattern Indicator, a powerful tool designed to help traders identify and capitalize on the elusive Wolfe Pattern in financial markets. This innovative indicator uses advanced algorithms to scan for the Wolfe Pattern in all symbols and time frames, providing traders with a unique edge in the market. How to trade with the Wolfe Pattern The Wolf Pattern is a rare and lucrative trading opportunity that

30 USD

Ichimoku Signals Dashboard To test the indicator please download demo version here. Find Ichimoku signals as easy as you can. Ichimoku is one of the most powerful trends recognition indicators. And it has valid signals for the trades. This indicator scans several symbols and time-frames by the Ichimoku to find all the signals that you want and show in a dashboard. It's easy to use, just drag it onto the chart. It's better to add Ichimoku indicator to chart before adding this indicator. Ichimo

30 USD

Currency Strength Gauge incicator The currency strength gauge is an indicator to measure of the strength or weakness of currencies in the Forex market. Comparing the strength of currencies in a graphic representation will lead to a good overview of the market and its future trends. You will see in a graphic chart both the strength of the currencies and their correlation, and this will help you in your decisions to get better trades. -To easy detection of over Overbought and Oversold points,

30 USD

This utility manage your position risk by trailing stop with "Parabolic SAR" indicator value. Indicator Parameters SAR step(Parabolic SAR step value) SAR maximum(Parabolic SAR maximum value) Timeframes(Choose timeframes). Stop Place(put SL in current(open) candle or last close candle). Is the spread considered?(Set SL with considering to Spread or not, the choice is with you). Working with this utility is very simple, Just drag it onto the chart. There is no problem with multi-part trades. It is

FREE

Contact me after payment to send you the User-Manual PDF File. Divergence detection indicator with a special algorithm. Using divergences is very common in trading strategies. But finding opportunities for trading with the eyes is very difficult and sometimes we lose those opportunities. The indicator finds all the regular and hidden divergences. (RD & HD) It uses an advanced method to specify divergence. This indicator is very functional and can greatly improve the outcome of your trading. Thi

39 USD

Contact me after payment to send you the User-Manual PDF File. This indicator gives a signal when the probability of starting a trend is high. To calculate entry points, it uses a combination of some indicators like "Moving Average", "ADX", RSI with support and resistance points. This indicator is a trend follower and it doesn't determine that TP because it is not necessary, it uses the stop-loss trailing system (Of course, the indicator determines the SL, but you have to move it yourself becau

30 USD

Contact me after payment to send you the User-Manual PDF File. ADVANCE PRICE ACTION TRADING CONCEPT. To test the indicator, you can download the demo version on my product list. it’s free (only shows patterns that have occurred in the past of the market). Quasimodo is a reversal trading pattern that appears at the end of an uptrend. As a price formation, the Quasimodo pattern is depicted by three peaks and two valleys, where: First, the middle peak is the highest, while the outside two peaks

59 USD

Contact me after payment to send you the User-Manual PDF File. 5W Pattern introduction The 5W pattern occurs when the price forms an alternating 5-wave cycle with its volatility. In fact, the 5W pattern is a price series of alternating HH or LL (higher high or lower low), which is the main characteristic of a trend. The pattern of 5W should have the characteristic of non-overlapping waves, also the points of the pattern are usually formed in Fibonacci levels. The completed pattern of 5W actua

49 USD

Contact me after payment to send you the user manual PDF file Real monitoring signals: Please see links on my profile Full Automated trading robot, for the first time on the market, an Expert Advisor is designed based on 123 Breakout indicator . Breakout scanner uses Fibonacci percentage to get PRZ(Price Reversal Zone)and opens trades. The Greedy Blue also uses Volume Profile FR to manage trades. With the Volume of Profile the EA can identify important areas that have the potential t

129 USD

Contact me after payment to send you the user manual PDF file Real monitoring signals: Please see links on my profile Greedy Purple is an Expert Advisor is designed based on Ichimoku kinko hyo . Ichimoku is a trend detection indicator, the robot detects support and resistance levels by the Ichimoku indicator and trades based on it. Greedy Purple’s algorithmalso uses divergence to open trades and manage them with Ichimoku. You can download the Divergence Indicator here . Recommendatio

69 USD

Filter:

129

Sanwar Ali Ahmed 2024.12.11 09:59 #

77105

Reply from developer Mihails Babuskins 2025.04.26 14:30 #

Thank you so much. 🙏☘️🌺

Lamberto José 2024.11.01 12:43 #

77105

Reply from developer Mihails Babuskins 2024.11.13 15:28 #

Thank you for your feedback.
I hope the profit in the market will continue. 🙏☘️🌺

412

kosty3 2024.07.26 10:18 #

its bad ea in my test its all ways in losing position and the profit are way to small to cover the loss

77105

Reply from developer Mihails Babuskins 2024.08.05 18:21 #

Please read the user manual PDF file this is a profitable EA.

423

Do Van Duong 2024.07.08 03:33 #

Great and profitable EA

77105

Reply from developer Mihails Babuskins 2024.07.09 16:20 #

Thank you for your feedback.
I hope the profit in the market will continue. 🙏☘️🌺

1153

Gabriel De Araujo Lobo 2024.05.13 15:10 #

This EA is truly profitable and its creator is always there to help you

77105

Reply from developer Mihails Babuskins 2024.05.15 17:27 #

Thank you so much. 🙏☘️🌺

101

Lic. Jesus 2024.03.18 17:27 #

It is a very good advisor, do not expect large profits from a single trade, follow the creator's recommendations and guarantee constantly, it is a bot to be patient when you least expect it and you will have great profits with you.

77105

Reply from developer Mihails Babuskins 2024.03.19 00:48 #

Thank you for your feedback.
I hope the profit in the market will continue. 🙏☘️🌺

jiangying2222 2024.03.05 07:10 #

User didn't leave any comment to the rating

77105

Reply from developer Mihails Babuskins 2024.03.19 00:47 #

Thank you so much. 🙏☘️🌺
please check your private messages.

169

Bill.Liberalism 2023.09.28 08:23 #

User didn't leave any comment to the rating

77105

Reply from developer Mihails Babuskins 2023.09.28 08:58 #

Thank you for your feedback.
I hope the profit in the market will continue. 🙏☘️🌺

120

keithlim123 2023.09.27 13:47 #

This is an honest review of the EA. Ran the EA from Sep 18-27. On Sep 27, my live account was blown. Not at all satisfied with the performance of the EA.

77105

Reply from developer Mihails Babuskins 2023.09.27 17:30 #

The EA works very well, I sent you the user manual file you should follow the instructions.
You can see the real signals that are using the EA.
https://www.mql5.com/en/signals/1985389

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Jerry Pui 2023.09.13 18:43 #

I like the concept of volume POC along with divergence for this EA, been using it for about 1 week, with pretty good positive result!

77105

Reply from developer Mihails Babuskins 2023.09.18 18:06 #

Thank you so much. 🙏☘️🌺

126

Jesroy 2023.09.02 07:40 #

This EA is good with low risk profile of 1, or else it will blow your account, the recovery if the trade goes againt you is very bad, and it will cause more drawdown. I had asked the author to have a breakEven option, hope he adds it in the next update.

77105

Reply from developer Mihails Babuskins 2023.09.03 12:24 #

Thank you so much. 🙏☘️🌺

367

Chi Ho Thomas Yung 2023.08.31 16:20 #

I have been using the Greedy Red EA for over a month now, and I must say that it has been a refreshing experience compared to other trading EAs I've tried in the past. This EA stands out due to its unique approach and excellent performance.

One of the standout features of the Greedy Red EA is its ability to keep the drawdown to a minimum. This has given me added confidence while using the EA, as I don't have to worry about significant losses during unfavorable market conditions. It also eliminates the need to constantly monitor high-risk news events, making it more convenient and stress-free to use.

Unlike other EAs that primarily focus on scalping and generate quick profits, the Greedy Red EA takes a slightly longer-term approach. While it may take a few days for trades to materialize, the resulting profits are truly impressive. This long-term strategy has contributed to the stability and consistency of my trading results.

I appreciate how the Greedy Red EA simplifies the property menu, making it incredibly easy to get started. The user interface is intuitive and user-friendly, allowing even beginners to navigate and make the most of the EA's features. The presence of a detailed user menu further enhances the overall user experience, providing me with all the necessary information and options to optimize my trading settings.

The developer behind the Greedy Red EA has been exceptionally helpful and responsive. Whenever I had questions or needed assistance, reaching out to them was a breeze. Their prompt and knowledgeable support has made my journey with the EA much smoother.

While I highly recommend the Greedy Red EA for most trading pairs, I would advise caution when using it on Bitcoin or other cryptocurrencies. The volatile nature of these assets can potentially result in significant drawdowns, so it's best to exercise discretion and consider other options for crypto trading.

In summary, the Greedy Red EA has earned its place as a valuable component of my trading system. Its unique approach, low drawdown, and impressive profitability make it a standout choice among other trading EAs. With an easy-to-use interface and excellent support, it has truly exceeded my expectations.

77105

Reply from developer Mihails Babuskins 2023.08.31 20:51 #

Thank you for your kindness. 🙏☘️🌺

257

Daniel Frank 2023.08.25 05:04 #

Amazing robot, it has been making profit consistently. Strongly recommended.

77105

Reply from developer Mihails Babuskins 2023.08.30 03:31 #

Thank you so much. 🙏☘️🌺

1165

Dae Neung Kim 2023.08.13 19:23 #

Developers are sincere and provide active support to users. Greedy Red is also a great product.

77105

Reply from developer Mihails Babuskins 2023.08.13 20:05 #

Thank you for your kindness. 🙏☘️🌺

609

Loic Georges Chinchilla 2023.08.05 12:38 #

Great EA so far as the results are very good. The logic behind is very smart and support from Mihails is amazing. Thank you!

77105

Reply from developer Mihails Babuskins 2023.08.05 22:47 #

Thank you so much. 🙏☘️🌺

1373

Jou 2023.07.29 04:55 #

Good results so far

77105

Reply from developer Mihails Babuskins 2023.07.30 13:13 #

Thank you for your kindness. 🙏☘️🌺

Zheming Wen 2023.07.26 11:15 #

Note that both Greedy Blue & Red are using martingale. The developer has now updated the description accordingly. I am testing the EA in demo accounts to determine whether its SL mechanism is good in the long run.

2023-09-27: I used the EA to trade one curreny pair NZDCHF which sold the pair a few weeks ago, the price of the currency pair has been increasing since. As a martingale system that increases the amount in the opposite direction of the trend, it blew my account. Only use it if you have a lot of surplus funds sitting around and are willing to pay for expensive swap fees!

77105

Reply from developer Mihails Babuskins 2023.07.26 11:57 #

Thank you so much. 🙏☘️🌺

Hamzeh2459 2023.07.23 23:12 #

User didn't leave any comment to the rating

77105

Reply from developer Mihails Babuskins 2023.07.24 16:45 #

Thank you so much. 🙏☘️🌺

155

Chris Sams 2023.07.21 19:18 #

So far, so good! I already made 12% in 3 days of running greedy red. I love how this EA because it includes stop losses for risk management. Very easy to set up, great support; I highly recommend it!!

77105

Reply from developer Mihails Babuskins 2023.07.23 21:03 #

Thank you for your kindness. 🙏☘️🌺

Leon v 2023.07.11 17:58 #

When I was reading the explanation of the algorithm that this EA uses, I immediately got a good feeling about this EA. Been running the EA on a demo account and the results are remarkable. In terms of the price of the EA, I think its a steal. In my opinion the value of the EA is much higher than the current asking price.

77105

Reply from developer Mihails Babuskins 2023.07.11 20:22 #

Thank you for your kindness. 🙏☘️🌺

1 2

Version 2.7 2024.08.30

Some improvements have been made in money management.

Version 2.6 2024.03.08

EA is optimized for trade in higher time frames.

Version 2.5 2024.03.07

Settings were optimized for compatibility with other experts.

Version 2.4 2024.03.05

Some changes were made to make it easier to use.

Version 2.3 2024.03.02

Money Management Improved.

Version 2.2 2023.11.27

Some changes were made.

Version 2.1 2023.11.26

Swap protection added(Don't worry about negative overnight swaps anymore).
The entry of the lot size string is added as a custom mode by the user.

Version 2.0 2023.10.16

Money Management method Improved.

Version 1.9 2023.08.03

The frequency of editing positions decreased.
The "Close all positions" button is added.

Version 1.8 2023.08.02

The frequency of editing positions decreased.
The "Close all positions" button is added.

Version 1.7 2023.07.15

The robot was adapted for some brokers (the frequency of modifying positions decreased, less traffic for broker servers).

Version 1.6 2023.07.06

The algorithm is improved.

Version 1.5 2023.07.03

The algorithm was improved.
Adapted for multi experts' use.
BTCUSD trading is available to most brokers.

Version 1.4 2023.06.26

The algorithm is adapted for use in different brokers.

Version 1.3 2023.06.20

Money management improved.

Version 1.2 2023.06.19

The maximum allowed position option was added. (Loss protection)
The algorithm was improved.

Version 1.1 2023.06.14

The testing mechanism is improved.