Greedy Red MT4 v2.6 with SetFiles (Platform build 1441+)

What is Greedy Red MT4?

Greedy Red EA is an automated trading system that leverages the Volume Profile FR indicator for its trading decisions. Unlike traditional volume indicators, Volume Profile FR analyzes volume distribution at specific price levels, providing insights into potential market reversals and the strength of support and resistance zones. The Expert Advisor (EA) uses algorithms to identify volume levels. Once identified, Greedy Red opens positions accordingly.

➡️ Vendor website: View here

About the Author

This product is compiled by Mihails Babuskins. This Latvian author has more than +3 years of experience working on MQL5 and created 24 products, famous products such as Greedy Red, Greedy Golden MT4, Greedy Purple and others. Among them, Greedy Red is his most famous product.

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Key Features of Greedy Red for MT4

🔹Based on volume profile FR: Use the Volume Profile FR indicator to identify important support and resistance zones.
🔹Automatic divergence detection: Use the RSI Divergence indicator to identify entry points, increasing the probability of winning.
🔹Smart capital management: Apply the Martingale method to increase the order volume when the market moves in a favorable direction, and place Stop Loss (SL) orders to protect capital.
🔹Automatic order tracking: Use Trailing Stops to maximize profits when the market moves in a favorable direction.
🔹Effective strategy: Used by professional traders to overcome the challenges of PropFirm companies like FTMO.

Additional Features

🔹Compatible with multiple platforms: Can be used on all trading platforms, recommended to use ECN accounts with low spreads.
🔹Time filtering: Can set the EA’s operating time to optimize performance.
🔹Multi-chart capability: Can use EA on multiple charts at the same time to increase profits.

Greedy Red EA MT4 Review

1. Greedy Red EA Live Results:

Real trading results of Greedy Red MT4 show impressive profit parameters and safe risk level. After 25 weeks of continuous trading, the total profit is 207% and the Maximum drawdown is 14.4%.

✅ Live Signal: Click here

Greedy Red EA Real Trading Results

Greedy Red MT4 Real Trading Results

2. Greedy Red MT4 Backtest Results:

Greedy Red has undergone thorough testing and achieved amazing performance parameters. Future performance shows unlimited profit potential over 12 years of continuous trading and ensures a safe level of risk.

✅ Initial Deposit: $1,000
✅ Testing Period: 12 Years (2010 – 2022)
✅ Total Return: 150,000%

Greedy Red EA Test Trading Results

Greedy Red MT4 Test Trading Results

3. Greedy Red EA reviewed by professional traders:

Greedy Red EA is highly appreciated by professional traders for its real trading performance. This comes from the effectiveness of real tests and published real trading accounts. These accounts all have stable performance and high safety in transactions in the foreign exchange market.

Professional Trader’s Review of Greedy Red EA

Recommended Settings

Recommended settings and parameters to pay attention to from developers and experts:

➡️ Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

✅ Experts: Greedy Red EA v2.6_fix.ex4
✅ Presets: Pro Set_Normal risk.set

Conclusion

In short, Greedy Red EA for MT4 combines volume profile analysis, RSI divergence detection, and smart capital management with Martingale and Trailing Stop strategies to maximize profitability. Proven by live trading with +207% in 25 weeks and a 12-year backtest showing 150,000% return, it balances growth and safety. Trusted by professional traders, this EA is built to conquer PropFirm challenges and deliver sustainable, long-term profitability with confidence.