IS Black EA Source Code MQ4 (Unlimited)

IS Black EA: A Professional and Risk-Managed Grid EA

IS Black EA is an Expert Advisor (EA) with a professional and structured configuration that balances profit potential, risk management, and grid-based flexibility. The EA is designed for stable growth, using a conservative risk factor and a controlled grid system to ensure account safety. With its emphasis on reliable execution and consistent returns, the EA is a strong choice for traders seeking an automated and disciplined forex strategy.

➡️ Vendor website: View here

About the Author

This product is compiled by InvestSniper. This author has more than +8 years of experience working on MyFxBook with many famous products such as IS Black EA, IS White EA, IS Grey EA, IS Blue EA, IS Green EA, IS Red EA, IS Red EA and other advisors. Among them, IS Black EA is his best performing product.

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IS Black EA Overview

Key Features

🔹Conservative Risk Management: The EA is set with a low 1% risk per trade and a 5% stop loss, prioritizing account safety over aggressive growth.
🔹Fixed Take Profit: A fixed 500-point Take Profit (TP) provides clear profit targets, ensuring trades close with substantial gains.
🔹Controlled Grid System: The EA uses a grid system with a maximum of 20 orders and a 20-point step, balancing profitability and drawdown control.
🔹Dynamic Trailing Profit: A 20-point trailing profit step ensures winning trades lock in gains as the market moves favorably.

Additional Features

🔹Time-Based Trading: Trading activity is restricted to high-liquidity hours (2:00–23:00), avoiding potential spread spikes and poor execution.
🔹Strategic Spacing: A minimum pip step of 8 pips ensures balanced trade spacing, adding stability to the strategy.
🔹Professional Configuration: The EA’s settings reflect a professional, risk-managed setup suitable for serious traders.

IS Black EA Review

IS Black EA trades on a real USD account (1:500 leverage, MetaTrader 4 platform), showing strong profitability and steady growth. Based on Myfxbook verified tracking data for 2 months of continuous trading.

✅ Initial Deposit: $6,000
✅ Total Gain: +346.82%
✅ Daily Growth: 0.11%
✅ Monthly Growth: 346.82%
✅ Maximum Drawdown: 37.51%

IS Black EA Myfxbook Results

IS Black EA Myfxbook Live Results

Why Use IS Black EA?

🔹High Capital Safety: The combination of a low risk factor and a clear percentage-based stop loss provides a high level of capital protection.
🔹Consistent Returns: With a fixed Take Profit and a dynamic trailing profit, the EA is designed to secure consistent returns.
🔹Reliable Execution: By avoiding low-liquidity hours, the EA enhances execution quality and reduces the risk of slippage.
🔹Robust and Stable: The controlled grid system and strategic spacing ensure a balance between profitability and drawdown control, making the strategy more stable.

Recommended settings

Recommended settings and parameters to pay attention to from developers and experts:

➡️ Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

✅ Experts: IS Black EA.ex4
✅ Source Code MQ4: IS Black EA.mq4

Conclusion: Why IS Black EA is a Reliable Choice for Smart Forex Trading

In short, The IS Black EA for MT4 is a professionally designed Expert Advisor (EA) that prioritizes capital safety, disciplined automation, and steady growth. With a conservative 1% risk per trade, a 5% stop loss, and a fixed 500-point Take Profit, this EA combines risk management and profit optimization for traders who value long-term account protection over aggressive speculation. Its controlled grid system with up to 20 orders and a 20-point step ensures a strategic balance between profitability and drawdown control.