Greedy Pig

Introduction

Let me present to all you greedy people out there - Forex robot Greedy Pig, an ice cold full blown fully automated martingale hedger with some safety mechanism that in return won't blow your entire account up in one piece. So how does this greedy little pig work then? Very simple, piggy opens up 2 positions in each direction buy/sell with pre-defined take profit levels when the market are quite calm with confirmation from relative strength index(RSi) indicator. When one of the orders hit take profit later on there's one order left behind in loss - Now our well known marty kicks in to get this loss trade into a profitable one and again with a little help of indicator Rsi piggy now decides when and where to place the orders within the right market flow. With spread, time and news filter and maximum orders to place in martingale sequence which can be limited so piggy won't go berserk and drain the account we have a quite good marty robot. Safe? well at least safer then without it.

Requirements

• ECN account recommended, symbols with low spreads and stops at zero
• $1000 initial deposit or $100 for cent accounts
• Optimization required for currency pairs you trade 
• Fast execution speed - Use vps service with low ping
• Greedy Pig are for those tough one's who loves hedging and martingale strategies. If you are crying little wimp :) stay out!

Features

• Default settings ready for EurUsd M30 quite calm trading
• Works on 4 and 5 digit brokers
• Cent account recommended if you just want to trade with $100
• All order settings in pips
• Normal/Virtual trailing stop
• Normal/ECN order execution mode
• Powerful money management system with 3 choices

Recommendations

Trailing stop - If you enable this you'll get less profit and perhaps also increased draw down so i recommend to not use it. In case you want it you need to optimize the settings for this as the default settings are set to '0'.

Always keep news filter turned on to filter out bad news for little piggy (at least High impacts) . Have in mind that already ongoing trades won't be closed on news - they continue as is. only if no sequence has begun (no open orders) this filter wont open up any new trades before, during and after specified times.

Copy this link and put it in your terminal - Tools/Options/Expert adviser and add this as a new URL and be sure to check 'Allow web request for listed url's else the news filter wont work.

http://ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=1,2,3&calType=week&timeZone=15&lang=1

Optimization

All currency pairs needs optimization and it's easy to to do and these are the settings you focus on, leave trailing stop out of this first step! Tight optimization periods recommended every 3:d month 'if' necessary. Presence of larger draw downs means that an optimization needs to be performed.

• 1st step: Piggy's profit, distance,lot step,max orders,all Hedging trigger parameters, all Martin trigger parameters.
• 2nd step: Now do trailing settings if you want to use trailing anyway.

Settings

• I refer you to look at the screenshots, questions about settings throw me a PM and i'll answer you. Wish you best of luck!