Green Profit EA is a grid-based, hedging-capable automated trading system optimized for the XAUUSD (Gold) market, using M15 (15-minute) timeframe. Below is a full breakdown of its configurable parameters and how they work to control the trading logic, lot sizing, grid logic, take-profit, stop-loss, and hedge behavior.
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🧠 Core Configuration
| Parameter | Value | Description |
|---|---|---|
Default | XAUUSD | 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 |
🔄 Buy & Sell Logic
| Parameter | Value | Description |
|---|---|---|
BuyNSell | (Header) | Manual direction selection label |
buy | true | Allows buying positions |
sell | true | Allows selling positions |
✅ Tip: Set one of them to
falseto limit to one direction (buy-only or sell-only strategies).
🧮 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) |
🎯 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) |
🔍 Key Trading Strategy Insights
- Grid & Hedging Enabled: Green Profit EA uses a smart grid to layer trades, with optional hedging logic (activated via
hedge_factor). - Martingale Escalation Possible: With
Layer_multiplier = x1.2andlot_Multiple = 1.0, lot sizes can increase progressively—be cautious of margin usage. - Fully Directional or Bi-directional: Traders can switch off either
buyorsellfor trend-aligned strategies. - Highly Configurable Grid Steps: With
Grid_step_1andGrid_step_2, the bot adapts to both tight-range or wide-range markets. - No SL by Default: Default
Stoploss = 0, meaning the EA relies on net-profit based closure or equity control.
⚠️ 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.
✅ Summary
Green Profit EA for MT4 is a versatile, grid-based trading system tailored for Gold (XAUUSD), offering traders both buy/sell flexibility, grid scaling, and hedging protections. With its fully customizable lot sizing and pip spacing, it caters to both conservative and aggressive trading styles. Perfect for experienced grid traders or those testing auto-recovery strategies.
