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Green Profit EA uses effective risk management and has excellent results when tested over the long term because it uses a hedging strategy that helps it exit losing trades with the lowest possible profits.

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The Green Profit EA is a grid-based trading tool that can open multiple orders to compensate for losing trades through hedging. The expert advisor works on gold using a 15-minute time frame, adjusts the lot size to suit the account capital, and ensures effective risk management by placing stop-loss and take-profit orders.

๐Ÿง  Core Configuration

Parameter Value Description
Default XAUUSD The default pair is Gold (XAUUSD)
Timeframe M15 Recommended chart timeframe: 15 minutes
Tradesettings (Header only) Grouping label for lot configuration
lot 0.01 Initial lot size
lot_Multiple 1.0 Lot multiplier for next trades (grid or martingale logic control)
PipStep 200 Distance in points between grid layers

๐Ÿ”„ Buy & Sell Logic

Parameter Value Description
BuyNSell (Header) Manual direction selection label
buy true Allows buying positions
sell true Allows selling positions

โœ… Tip: Set one of them to false to limit to one direction (buy-only or sell-only strategies).

๐Ÿงฎ Grid & Hedge System

Parameter Value Description
GridNHedge (Header) Label for grid and hedging logic
CloseProfit 10.0 Close all grid orders when net profit reaches this amount (in account currency)
take_profit 100.0 Global TP target for grid (likely in pips or points)
Grid_step_1 100.0 Distance between first-level grid entries
Grid_step_2 100.0 Additional spacing for next grid layer or nested hedging
hedge_factor 50.0 Strength/volume of hedging logic (may determine opposite orders)
magic 1543 Unique identifier for EA trades (important when running multiple EAs)

๐ŸŽฏ Take-Profit & Stop-Loss Settings

Parameter Value Description
TPnSL (Header) Label for TP/SL config
StartingLots 0.01 Same as lot, used if alternate TP/SL logic is activated
TakeProfit 58.0 Standard take-profit level per trade (in points or pips)
Stoploss 0 No stop-loss by default (grid logic often assumes floating loss management)
Identifier 1 Can be used for multi-EA distinction
Layer_multiplier x1.2 Multiplies lot size on each grid layer (martingale escalation ratio)

๐Ÿ” Key Trading Strategy Insights

  • The expert advisor uses a grid and hedging strategy, effectively offsetting losses from previous trades intelligently.
  • It also doubles lots and orders to close all trades with a small profit, exiting the market with minimal losses (it should be used with caution).
  • Green Profit EA also adapts to sideways trends, identifying the general trend and making trades based on it.

Green Profit EA Backtest Results Green Profit EA Backtest Results Green Profit EA Backtest Results

Who Should Use Green Profit EA?

Green Profit EA is suitable for all professional and beginner traders as it improves their trading performance in the Forex market. Whether you are looking for an easy way to make profits in the Forex market or a trading method different from manual trading, the Expert can help you with that.

Advantages

Green Profit EA has been tested before and has proven remarkably successful. It also features risk management for each trade that is appropriate to the account capital and The expert works 100% automatically, as there is no need for manual intervention.

Disadvantage

  • One of the disadvantages is the total dependence on the market. The expert depends greatly on the conditions and movements of the market, and in cases of unexpected fluctuations, the results may be completely unpredictable. Also, the expert has been programmed in advance on certain conditions, so if these conditions are met, it will completely ignore important economic news and events.

โš ๏ธ Risk Management Notes

  • Stop Loss is disabled: You must monitor equity drawdown manually or apply account-level risk settings.
  • Hedging mode increases safety but can open opposing positions if not managed well.
  • Use on low spread ECN accounts, preferably with a VPS for uninterrupted execution.

How to install Green Profit EA

1 – Download the Expert

Download the Expert file from the email sent to you

How to Extract a File from Winrar?

First, if you donโ€™t have Winrar here is the download link, download and install https://www.win-rar.com/download.html?&L=0 Right-click on the WinRAR file and select ‘Extract Here’ to extract the files in the current location. Alternatively, choose ‘Extract to’ if you want to extract the files into a specific folder. 2 – Add the Expert to the platform

  • Open the trading platform and choose File –> Open data folder
  • Then go to the MQL4 folder –> Experts

(if the expert works on MT5 then you will choose MQL5 instead)

  • Put the Expert file in this folder
  • restart the platform

3 – Run the Expert

  • Choose the appropriate pair for the Expert and then drag the Expert from the navigator window and place it on the chart (or simply Double click on it)
  • Make sure that auto trading is activated in the platform and the Expert as well

Conclusion

Green Profit EA is a trading tool that uses hedging and grid strategies. It helps in compensating losing trades and turning them into profitable trades with higher risks. It also ensures the use of effective risk management to preserve the account capital as much as possible.

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Disclaimer: The backtesting results provided do not guarantee the same performance when using the Expert Advisor on your live account. Performance may vary due to factors such as market conditions, spreads, and slippage. It is highly recommended to first run the Expert Advisor on a demo account for a sufficient period to test its performance and ensure it aligns with your trading strategy and goals.