The Greedy Golden EA V1.70 is an advanced automated trading system designed for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Built for traders seeking consistent profits in volatile Forex markets, this Expert Advisor (EA) combines trend-following strategies, machine learning algorithms, and adaptive risk management to optimize trades. Ideal for both novice and experienced traders, the Greedy Golden EA V1.70 focuses on low-risk, high-probability setups while minimizing emotional trading decisions.


Greedy Golden EA V1.70


Minimum Deposit



  • Recommended Minimum Deposit: $300 (for optimal risk management).

  • Works with: Cent, Standard, and ECN accounts.

  • Leverage: 1:100 or higher (depends on broker regulations).


Currency Pairs


The EA is optimized for 5 major currency pairs:



  1. EUR/USD (Primary pair, 70% of trades).

  2. GBP/USD

  3. USD/JPY

  4. XAU/USD (Gold).

  5. USD/CAD.


Note: Avoid exotic pairs due to higher spreads.


Timeframe



  • Best Timeframes: M15 (15-minute) and H1 (1-hour).

  • Trading Sessions: Primarily targets the London and New York sessions for high liquidity.


Greedy Golden EA V1.70


Key Features


1. Adaptive Trend Strategy



  • Uses a hybrid algorithm combining Moving Average Convergence Divergence (MACD) and Ichimoku Cloud to identify high-probability trends.

  • Adjusts entry/exit points based on real-time volatility.


2. Machine Learning Optimization



  • Self-learning algorithm analyzes past trades to refine future decisions.

  • Updates strategy parameters weekly to adapt to market shifts.


3. Dynamic Risk Management



  • Auto Lot Sizing: Adjusts position sizes based on account balance (0.01–1.0 lots).

  • Stop Loss (SL): 25–50 pips (varies by pair).

  • Take Profit (TP): 1:3 risk-reward ratio.

  • Max Daily Drawdown: 5% (configurable).


4. News Filter



  • Built-in economic calendar integration to avoid trades during high-impact news events (e.g., NFP, FOMC).


5. Multi-Platform Compatibility



  • Supports MT4 and MT5.

  • Includes presets for cTrader (custom setup required).


6. User-Friendly Dashboard



  • Real-time performance analytics.

  • One-click strategy switching (scalping, swing, or conservative modes).


Greedy Golden EA V1.70


Backtest & Live Performance


Backtest (2018–2024 on EUR/USD H1):



  • Profit Factor: 3.1.

  • Win Rate: 72%.

  • Total Return: 420% (compound growth).


Live Results (MyFxBook Verified, June 2024):



  • Monthly Gain: 9–12%.

  • Max Drawdown: 8.3%.

  • Recommended Broker: IC Markets, Pepperstone, or FXPro.


Conclusion


The Greedy Golden EA V1.70 stands out as a reliable, low-risk Forex trading robot for traders prioritizing steady returns over aggressive gambles. Its adaptive machine learning core and robust risk management tools make it suitable for long-term wealth-building strategies. While it requires a minimum $300 deposit and performs best on major pairs like EUR/USD, its consistent backtested and live results justify its reputation. For optimal results, pair it with a VPS and avoid overriding its automated decisions.


 


Happy Trading