Introduction
Are you tired of staring at charts all day, only to miss the big move? Enter the Green Profit EA V1.0 MT4 – a robust, fully automated trading solution built for the H1 timeframe. With a modest $200 minimum deposit requirement, this MT4 Expert Advisor takes over the heavy lifting: identifying trend entries, managing risk, and locking in profits, so you can reclaim your time and trade with confidence.
Whether you’re new to forex or an experienced pro looking to diversify, Green Profit EA delivers a hands-free system that adapts to EUR/USD, GBP/USD, USD/JPY, and AUD/USD—four of the market’s most liquid pairs. Let’s dive into what makes this EA tick.
Overview
Green Profit EA is designed around a dual-filter trend strategy: it combines moving-average crossovers with a proprietary volatility oscillator to pinpoint high-probability setups. Trades open only when both filters align—minimizing false signals in choppy markets. Once in a trade, an adaptive trailing stop ensures profits run while capsizing risk if the market reverses.
Key highlights:
- Timeframe: H1 (1-hour)
- Pairs Supported: EUR/USD, GBP/USD, USD/JPY, AUD/USD
- Min. Deposit: $200
- Platform: MetaTrader 4
This MT4 expert advisor works out-of-the-box, but it also offers customizable risk parameters—so you can tweak position sizing, stop-loss levels, and profit targets to suit your account size and risk appetite.
Key Features
- Dual-Filter Entry: Combines 50-period SMA crossover with volatility-based oscillator for cleaner signals.
- Adaptive Trailing Stop: Locks in gains dynamically as price moves in your favor.
- Fixed & Dynamic Lot Sizing: Choose between a fixed lot or account-risk percentage model.
- Drawdown Control: Maximum drawdown limit (default 5%) automatically halts trading if exceeded.
- News Filter: Suspends trading during major economic events to avoid erratic moves.
- Break-Even Function: Moves stop-loss to break-even once trade hits a user-defined pip threshold.
- Hidden Take-Profit: Targets are invisible to brokers—helps avoid stop-hunting.
- One-Click Disable: Quickly turn off the EA in case you need manual intervention.
How It Works
- Initialization: Attach Green Profit EA to an H1 chart for any supported pair. Set your preferred lot-sizing method (fixed or percentage).
- Signal Generation: The EA waits for the 50-period SMA to cross above/below price and for the volatility oscillator to confirm momentum.
- Order Execution: Upon confirmation, a market order is placed. Stop-loss and take-profit are calculated based on recent ATR readings.
- Trade Management: As price moves, the adaptive trailing stop chases profits. If the market flips, the stop-loss triggers to limit losses.
- Safety Nets: If drawdown breaches your preset limit, the EA automatically disables itself until you manually reactivate.
Backtest & Live Performance
Extensive backtests on EUR/USD from Jan 2018–Dec 2023 show:
- Total Net Profit: +1,200%
- Max Drawdown: 4.8%
- Win Rate: 62%
- Profit Factor: 1.85
Recommended Settings
• Fixed Lot Size: 0.01 lots per $200 balance
• Risk % Lot: 1–2% per trade
• Max Drawdown: 5%
• News Filter: On
• Break-Even pips: 20 pips
• Trailing Stop: ATR(14) × 1.5
Risk Management & Tips
- Always start on a demo to familiarize yourself with settings.
- Use a reputable broker with low spreads on H1 trading.
- Don’t over-optimize: stick close to default parameters.
- Keep an eye on major news—even with the filter on, slippage can occur.
Conclusion
Green Profit EA V1.0 MT4 offers a streamlined, rules-based approach to H1 forex trading on major pairs. Its dual-filter logic, adaptive trade management, and built-in safety features make it a solid choice for traders seeking a “set-and-forget” system.
Ready to go green with profit? Give it a spin in demo mode—then switch to live when you’re comfortable.
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