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IS Green EA Source Code MQ4 V2.0 + Setfiles

SKU: IS-Green-EA-Source-Code-MQ4

IS Green EA shows 5,000x backtest gains via trailing stop scalping – MQ4 source included, modify the strategy fully on MT4 majors

Original price was: $1,500.00.Current price is: $89.00.

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Description

Table of Contents

    IS Green EA – Trailing Stop Scalper with Verified Backtest Results

    IS Green EA is a time-filtered scalping expert advisor for MT4, trading defined sessions with trailing stop exits across short timeframes. Two backtests on Myfxbook show gains exceeding 5,000x on initial capital — but no live account has been verified, and the data is 2–3 years old. Buy this EA to study or extend a promising strategy, not to deploy capital on backtest numbers alone.


    Key Highlights

    • Source code included (.mq4) — inspect, modify, or rebuild the strategy yourself
    • ✅ Two Myfxbook backtests show 5,000x–6,000x returns with drawdown under 8.3% — backtest only, no live verification
    • ✅ Time-filtered scalping — trades between 02:00–23:00 server time, avoiding low-liquidity gaps
    • ✅ Trailing stop at 15 pips locks in gains on running trades; 10% account stop loss caps catastrophic risk
    • ✅ Transparent parameter set — every input is documented and adjustable without recompiling
    • ✅ Unlike EAs sold as black boxes, full MQ4 source means you own and control the logic completely


    Performance Results

    Backtest Signal 1 — $1,000 Starting Capital

    The first Myfxbook backtest ran January 2021 to July 2022 (18+ months) on a 5-minute chart using Every Tick modeling. Starting from $1,000, the test recorded a +546,796% gain with a peak balance of $5,468,961. Maximum drawdown held at 5.41%, and monthly return averaged 58.45%.

    Numbers at this scale warrant skepticism. A 58% monthly return compounding over 18 months produces astronomical figures mathematically — but Every Tick backtests cannot replicate live spread widening, requotes, or slippage during fast markets. Treat this as a structural proof-of-concept, not a live performance forecast.

    IS Green EA MQ4 backtest Myfxbook Jan 2021 to Jul 2022 - $1000 deposit 546796% gain 5.41% drawdown
    ⚠️ Historical backtest (Jan 2021–Jul 2022) — 3yr old data. $1,000 deposit / 5-min chart, Every Tick. No live account. Demo 90+ days before any live use. View signals

    Backtest Signal 2 — $100 Starting Capital

    The second backtest ran January 2020 to September 2022 (2 years 8 months) on a 1-minute chart. Starting from $100, the test recorded +618,744% gain with maximum drawdown of 8.26% and a daily return of 0.89%. The longer test window and lower timeframe produce slightly higher drawdown — consistent with more frequent trade entry on the 1-minute chart.

    IS Green EA MQ4 backtest Myfxbook Jan 2020 to Sep 2022 - $100 deposit 618744% gain 8.26% drawdown
    ⚠️ Historical backtest (Jan 2020–Sep 2022) — 3yr old data. $100 deposit / 1-min chart, Every Tick. No live account. Demo 90+ days before any live use. View signals

    Both backtests show drawdown under 8.3% — low by scalping standards. The specific cause of drawdown spikes in the source data is not documented; the trailing stop logic at 15 pips is the primary control. Cap live risk at 1% per trade (Risk: 0.01 default), monitor the first 30 trades manually, and size position lots to keep any single loss under $50 on a $500 demo account. Realistic live drawdown in extended testing typically runs 2–4x the backtest figure, placing a probable range of 15–35% under live conditions.

    Backtest results from 2020–2022 — live market conditions have evolved since. No forward test is available. Run a minimum 90-day demo before risking any capital on these results.


    How It Works

    Strategy: Time-filtered scalping on short timeframes — entries restricted to 02:00–23:00 server time, avoiding overnight gaps and low-liquidity periods where spread spikes cause false signals.

    Entry: New bar open trigger with pip-step filter (PipStep: 5) — prevents overlapping entries during consolidation.

    Exit: Primary exit via trailing stop activating at 2 pips profit, trailing at 15 pips; take profit set at 1 pip as a secondary close trigger.

    Risk Control: Fixed lot sizing at Risk: 0.01 (1% per trade); hard stop loss at 10% of account balance; single open position per magic number.

    ✅ Best conditions: Low-spread ECN brokers • Stable trending sessions (London/NY overlap) • VPS with under 20ms latency

    ⚠️ Caution: High-spread brokers (spread >2 pips) will erode the 1-pip TP logic • News events during active sessions — disable EA 15 minutes before major releases

    IS Green EA MQ4 input parameters source code - Risk 0.01, StopLossPercent 10, TakeProfit 1, Tral 15
    Default input parameters — TS Green EA 2.0. $100–$1,000 / low risk profile.


    Technical Specifications

    SpecificationRequirement
    PlatformMT4 (MQ4 source included — requires MetaEditor to compile)
    Currency PairNot specified in source — test on major pairs (EURUSD, GBPUSD recommended)
    TimeframeM1 or M5 (both backtested — M5 showed lower drawdown)
    Minimum Deposit$100 (high risk at this level — demo validation required first)
    Recommended Deposit$500–$1,000 (safer drawdown buffer with default 1% risk)
    Leverage1:100 minimum recommended
    Broker TypeECN/STP preferred — spread under 1.5 pips; avoid market makers
    VPSRequired for 24/5 session coverage — set GMT offset to match broker server time

    This EA runs on MT4 only. Need an MT5-compatible scalper? Browse MT5 EAs.


    Who Should Use This EA

    ✅ Ideal for:

    • MQL4 developers who want a working scalper base to modify, optimize, or rebuild for current market conditions
    • Traders running 90+ day demo programs who need a structured strategy with adjustable risk inputs
    • Low-capital starters with $500+ who want to observe scalping logic live before committing larger sums
    • Prop firm challengers seeking a low-drawdown baseline — the sub-10% backtest DD fits most evaluation rules, though live validation is required before challenge use. Browse more prop firm EAs

    ✅ Best results when:

    • Running on an ECN broker with spread consistently under 1.5 pips and execution under 50ms
    • Demo-tested for 60+ days before switching to a live account, with manual trade review in the first 2 weeks


    Download Package Included

    • ✅ Experts:
      • IS Green EA .mq4 (source code)
    • ✅ Presets:
      • Green_xauusd_m5_Balanse_$500.set

    Product download link sent immediately via email after purchase.


    Frequently Asked Questions

     

    >>> Curated/Reviewed by Steven Cohen (Founder).

    ⚠️Risk Disclaimer:

    Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.

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