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.
Green Profit EA MT4 – Complete Settings Analysis 4
🧠 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 false to 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 = x1.2 and lot_Multiple = 1.0, lot sizes can increase progressively—be cautious of margin usage.
Fully Directional or Bi-directional: Traders can switch off either buy or sell for trend-aligned strategies.
Highly Configurable Grid Steps: With Grid_step_1 and Grid_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.
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