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Price: $22.00
Expert: Greezly Bot Pro Fixed.mq4 (Unlocked – Source Code) ORIGINAL CODE, NOT DECOMPILED.
Greezly Bot EA is a Forex trading robot that follows a trend-following strategy with averaging and martingale principles, aiming for high profitability with moderate risk. It is designed for EURUSD pairs and works best on timeframes M1, M5, and M15.
Key Features:
Trading Strategy: Trades in the direction of the trend with averaging and martingale.
Trading Assets: Focused on EURUSD pairs.
Timeframe: Suitable for M1, M5, and M15.
Minimum Deposit: Recommended starting deposit is $300.
Leverage: Works with leverage from 1:100 and above.
Recommended Account Type: RAW Spread accounts (such as those offered by ICMarkets for scalping).
How It Works:
The Grizzly Bot EA utilizes several technical indicators to analyze asset quotes across multiple timeframes and determines the dominant market trend.
It waits for significant price deviations (peaks) and opens trades in the direction of the prevailing trend.
If the price moves against the position, it activates a soft martingale and averaging algorithm, which helps recover losses and brings the trader back into profit.
Profitability:
The Grizzly Bot EA is built to generate high profitability at a fast pace, though it comes with moderate risk, including drawdowns of up to 50%.
The live monitoring available on platforms like MyFxbook or MQL shows good profitability results, with evidence of substantial profits over time.
Grizzly Bot EA is ideal for traders who are comfortable with moderate risk and are looking for consistent, high returns in a scalping-friendly environment.
The Grizzly Bot EA trading strategy is built around a moderate risk, high-profit approach. Here’s how it operates:
Strategy Overview:
Trend Following: The bot uses multiple technical indicators to analyze market trends across different timeframes and determine the primary market direction.
Trade Execution: Once the trend is identified, it waits for the price to deviate significantly from the average (i.e., by a peak distance) before opening a position in the direction of the trend.
Averaging and Martingale: If the market moves against the open trade, the bot activates an averaging and soft martingale strategy to recover the drawdown, aiming to turn the trade back to profitability.
Key Features:
Risk Management: The soft martingale allows the bot to manage drawdowns without risking large amounts on each trade, resulting in stable trading even during price reversals.
Profitability: The strategy aims to bring steady speculative profit, which has been proven in live trading with reasonable drawdowns (up to 50%).
Minimal Drawdown: While some risk is involved, the bot is designed to handle drawdowns effectively, ensuring the trader experiences steady profitability over time.
Conclusion:
The Grizzly Bot EA is ideal for traders who are comfortable with moderate risks and looking for high returns. It successfully combines trend-following with risk management strategies to keep trading stable, even in volatile conditions. With its averaging and martingale features, it recovers losses and continues to generate profits, making it a reliable option for those seeking growth in their Forex trading portfolio.