Market / MetaTrader 5 / Experts /

Greedy Index

30 USD

Demo downloaded: 13

Published: 7 March 2024

Current version: 1.2

Greedy Index

Experts
Abbashan Karasahin
Version: 1.2
Updated: 8 March 2024
Activations: 5

The Greedy Index is a EA based on the relative strength of the market . The EA is not martingale based or Grid based. The EA was mainly used on the S&P in the 5min chart and the results are visible in the pictures and in the YouTube video. Of course, the EA can also be used for other indexes and Timeframes. You just have to optimize the settings accordingly (The current settings are for the 5min chart S&P). The EA Manages the Trades himself with a Stop Loss and a Take Profit.

Settings:

Lots: The lot size used for trades

Take Profit: The points target point where the TP is located

Stop Loss: The points target point where the SL is located

Execution limit: A limit at the relative strength that determines the moment at which a trade is executed

Magic: The Magic Number (If you use several EAs, make the magic number different)

There are currently 5 optimized presets available for the EA. The S&P 5 min chat, S&P 1 hour chart, S&P 1 min chart and S&P 30 min chart . If you want the presets, write me a message.

Important: Don't forget to turn on algo trading. If you need help or have tips or questions send me a message and don't forget to Review. The images are backtest from S&P500 in the 5min Chart with every tick based on real ticks on a Demo Account. Test it in the demo before switching to live.

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Version 1.2 2024.03.08

removal from a setting due to malfunction

Version 1.1 2024.03.08

changes in settings