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Greedy Purple EA

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

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.


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 a Ichimoku signal and if it occurs, it adds to the position volume by opening a new trade, and all positions will set by stop-loss to protect. 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.


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







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    Experts
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