Introduction

In automated forex trading, Green Profit EA V1.0 MT4 stands out as a promising tool for traders seeking consistency, stability, and profitability. Designed for the MetaTrader 4 platform, this expert advisor (EA) uses advanced algorithms and proven strategies to trade the forex market efficiently.

Whether you're a beginner looking for passive income or a professional trader wanting to enhance your portfolio, Green Profit EA offers features that align with various trading goals.

What is Green Profit EA V1.0 MT4?

Green Profit EA V1.0 is a fully automated forex trading robot built for the MetaTrader 4 (MT4) platform. It executes trades based on specific market conditions, technical indicators, and built-in algorithms to find the best entry and exit points. Unlike many aggressive EAs that focus on high-frequency scalping or martingale strategies, Green Profit EA aims for moderate, steady growth with a strong emphasis on risk management.

Green Profit EA V1.0 MT4Minimum Deposit

A minimum deposit of $200 is recommended to start trading with Green Profit EA V1.0. This capital provides enough margin for the EA to operate effectively, ensuring trades are placed with proper lot sizing and drawdown control.

For traders using higher risk settings, a deposit of $500 or more is advisable to give the EA more flexibility and cushion against market volatility.

Timeframe

Green Profit EA V1.0 performs optimally on the H1 (1-hour) timeframe. This timeframe allows the EA to capture medium-term market trends while avoiding noise from smaller timeframes. It offers a balanced approach between frequency and accuracy, making it ideal for intraday to short-term swing trading.

Recommended Currency Pairs

While Green Profit EA V1.0 can technically operate on several pairs, it has been optimized and backtested primarily on the following:

  • EUR/USD
  • GBP/USD
  • USD/JPY
  • AUD/USD

These major pairs offer low spreads, high liquidity, and predictable patterns—perfect for the algorithm’s trading logic. You can experiment with other pairs, but it's advisable to forward-test in a demo account first.

Key Features of Green Profit EA V1.0

  1. Fully Automated Trading
    Executes trades automatically without the need for manual intervention. Ideal for users who prefer a hands-off trading experience.
  2. Advanced Entry Logic
    Uses a combination of moving averages, RSI, and price action to identify high-probability entry points.
  3. Dynamic Lot Sizing
    Adjusts position sizes based on account equity and market volatility to manage risk more effectively.
  4. Trailing Stop & Break-even Features
    Locks in profits when a trade moves in your favor and reduces potential losses.
  5. Risk Management Controls
    Includes max drawdown limits, stop loss, and take profit configurations to protect your account.
  6. News Filter (Optional)
    Avoids trading during high-impact news events that could increase volatility and risk.
  7. User-Friendly Interface
    Simple input parameters make it easy to install and customize even for non-technical users.

How Does Green Profit EA Work?

Green Profit EA follows a trend-following strategy that enters trades in the direction of the prevailing trend and uses technical confirmation to reduce false signals. It avoids overtrading by waiting for strong confluence zones and ideal entry conditions.

Once a trade is opened, the EA monitors price action and adjusts stop loss/take profit levels accordingly. It uses a smart trailing stop to lock in profits as price moves favorably. Unlike martingale EAs, it avoids risky lot multiplications, making it more suitable for long-term use.

Installation Guide

  1. Download the Green Profit EA V1.0.ex4 file.
  2. Open your MT4 platform.
  3. Click on File > Open Data Folder.
  4. Navigate to MQL4 > Experts, and paste the EA file there.
  5. Restart MT4.
  6. Attach the EA to an H1 chart (preferably EUR/USD).
  7. Enable AutoTrading and adjust the input settings as per your risk appetite.

Recommended Settings

  • Lot Size: Auto (or 0.01 for every $200 balance)
  • Max Trades: 1–3 (to reduce exposure)
  • Risk Percentage: 2–5% (standard risk)
  • News Filter: On (recommended)
  • Trailing Stop: 20 pips
  • Stop Loss: 30–50 pips
  • Take Profit: 50–100 pips

Always test any configuration in a demo account before deploying it live.

Green Profit EA V1.0 MT4Backtesting Results

Based on 3-year historical data for EUR/USD (2019–2022) on H1 timeframe with a $1000 deposit:

  • Net Profit: $4500+
  • Max Drawdown: 12%
  • Winning Ratio: 71%
  • Profit Factor: 1.85

These results indicate solid performance with reasonable risk exposure.

Pros and Cons

Pros:

  • Excellent risk management
  • Works well on major pairs
  • Optimized for consistent profit
  • No martingale/grid strategy
  • Easy setup for beginners

Cons:

  • Not suitable for aggressive scalping
  • Best used only on optimized pairs
  • Needs VPS for 24/5 operation

Tips for Best Performance

  • Run the EA on a VPS for 24/5 uptime and faster execution.
  • Use ECN brokers with low spreads for best results.
  • Regularly monitor performance and update settings as needed.
  • Avoid over-leveraging and stick to proper money management.

Is Green Profit EA V1.0 MT4 Right for You?

If you're looking for a reliable, low-risk trading robot that focuses on long-term profitability and capital preservation, Green Profit EA V1.0 MT4 is a smart choice. It’s especially beneficial for traders who prefer a stable, algorithm-driven approach without the stress of monitoring charts all day.

However, like any trading tool, it's not magic. Discipline, proper risk settings, and realistic expectations are key to success.

Final Verdict

Green Profit EA V1.0 MT4 is a solid, thoughtfully designed forex robot for traders who value stability, low drawdown, and realistic growth. It doesn’t chase profits recklessly but aims for consistent green pips, just as the name promises.

Join our Telegram for the latest updates and support

Happy Trading