IS PI Scalper Virtual Level EA MT4 + Setfiles

IS PI Scalper Virtual Level EA – Automated XAUUSD Scalper for MetaTrader 4

IS PI Scalper Virtual Level EA is an automated MetaTrader 4 system built for short-term XAUUSD (Gold) scalping. It manages trades using internal “virtual” stop-loss and take-profit levels rather than exposing every order to the broker directly.

A public Myfxbook account trading under this exact system name is live and currently tracked, showing a 67.19% drawdown alongside a large historical gain figure. That combination makes this a high-risk, high-frequency tool rather than a conservative income system.

⚡ Key Highlights

• 📈 A public Myfxbook account for this exact system shows 631 trades, a 1.31 profit factor, and a 67.19% maximum drawdown on a live IC Markets MT4 account.
• ⚙️ Trades XAUUSD using internally managed “virtual” SL/TP levels instead of fully broker-visible stop orders.
• 🛡️ NoLossLevel and ExpTrailSL inputs move open trades toward breakeven and manage trailing exits as price develops.
• ⚠️ The monitored account’s balance sits near zero after large withdrawals following a 67.19% drawdown — this is not a low-risk system.
• 🖥️ Runs on MT4 within a defined active window (server time 01:00-23:00) and is intended for continuous VPS operation.
• 🔄 Average trade length of 37 seconds reflects genuine short-duration scalping rather than swing or position trading.

📊 Performance Results

The strongest available proof is a live, publicly accessible Myfxbook account named IS PI Scalper Virtual Level, trading a real USD account at IC Markets on MT4 at 1:500 leverage. It reports a gain of +19,979.83% and an absolute gain of +19,356.15%, built from $104.00 in deposits and $20,233.40 in withdrawals, for a net profit of $20,130.40 across 631 trades. Profit factor sits at 1.31, average trade length is 37 seconds, and win rates split 35% long / 44% short, with a Sharpe ratio of 0.15.

The headline percentage gain looks dramatic because it compounds off a very small starting deposit rather than reflecting linear equity growth on a normal-sized account. The advanced statistics tell a more useful story: a 1.31 profit factor and 0.15 Sharpe ratio mean wins only modestly outweigh losses relative to volatility, so results depend on consistent execution rather than a wide statistical edge.

The account’s 67.19% drawdown is the most important number on this page. A drawdown this large means the account lost roughly two-thirds of its value at some point before recovering, and its current displayed balance/equity is $1.00 after $20,233.40 was withdrawn against only $104.00 deposited. Traders considering this EA on a larger account should size positions well below the default Risk setting, run it on demo first, and treat this account’s growth curve as evidence of what the strategy can do under stress rather than a template for steady returns. This is a publicly viewable live trading record; past performance does not guarantee future results.

⚙️ How It Works

Strategy: Automated scalping on XAUUSD built around a proprietary “virtual level” concept for internal trade management. The exact entry algorithm is not publicly documented by the seller.

Entry: The EA scans price action and opens trades within a defined active window, set by default from TimeStart 1 to TimeEnd 23 (server time). The specific signal conditions triggering entry are not disclosed.

Position / Grid Management: Position size is controlled by the Risk input (default 0.001). No official statement from the seller confirms or rules out grid, martingale, or multi-position averaging behavior for this release.

Exit: NoLossLevel (default 10) and ExpTrailSL (default 1.0) govern trailing and breakeven-style management internally, described by the seller as “virtual” SL/TP handling rather than fully broker-visible stop orders.

Risk Control: A SpeedEA execution-speed input and a Magic number for trade identification are included alongside the Risk parameter. These are seller-default values, not independently optimized settings, and changing them can materially change results.

Best Conditions: A low-spread, fast-execution broker on XAUUSD, paired with VPS hosting to keep the terminal connected through the 01:00-23:00 active window.

Caution: With an average trade lasting 37 seconds, execution delay, requotes, or spread widening can noticeably affect entries and exits on this strategy.

🧩 Technical Specifications

🎯 Who Should Use This EA

Ideal for:

• Traders already familiar with high-frequency Gold scalping and its drawdown behavior.
• Buyers who can supply a low-spread, fast-execution MT4 broker and a VPS.
• Traders willing to size positions conservatively given a historical drawdown near 67%.

Best results when:

• The broker offers tight XAUUSD spreads and fast execution, given the 37-second average trade length.
• The EA runs uninterrupted on VPS through its full 01:00-23:00 active window.

Not ideal for: Traders seeking low-drawdown or capital-preservation strategies, or anyone unable to actively monitor and risk-manage a system with a documented drawdown above 60%.

📦 Download Package Included

Experts:

• IS PI Scalper Virtual Level.ex4

SetFiles:

• IS PI_Virt_Level.set
• IS PI Virtual Level.set

Your download link will be sent to your email address automatically after purchase is confirmed.

❓ Frequently Asked Questions