IS Grey EA Source Code MQ4 + SetFiles (Unlimited)

IS Grey EA: A Low-Risk Scalping EA for Consistent Growth

IS Grey EA is an Expert Advisor (EA) that employs a low-risk scalping strategy to capture small but consistent profits. The EA uses a structured and disciplined approach to risk management, with an emphasis on capital preservation. With features like adaptive lot sizing, a fixed stop loss, and time filters, this EA is optimized for steady growth and is well-suited for traders who require strict risk control, such as those on proprietary trading firm accounts.

➡️ 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 Grey EA, IS Blue EA, IS Green EA, IS Red EA, IS Red EA, IS White EA and other advisors. Among them, IS Grey EA is his best performing product.

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IS Grey EA Overview

Key Features of IS Grey EA

🔹Low-Risk Scalping Strategy: The EA is designed to capture quick profits with a very short take profit of just 3 pips per trade.
🔹Strict Risk Control: It uses a very conservative risk setting of 1% per trade, protecting your account from large drawdowns.
🔹Adaptive Position Sizing: Since manual lot sizing is disabled, the EA automatically calculates lot size based on account equity, ensuring adaptive position sizing.
🔹Trade Protection: Each trade has a fixed 50-pip stop loss, providing enough room to withstand short-term volatility before exiting.

Additional Features

🔹Volatility Filter: The EA includes a SpurtPips parameter to filter out flat or choppy market conditions, ensuring trades are only taken during moments of momentum.
🔹Time-Based Trading: It avoids high-risk, low-liquidity periods by trading only between 02:00 and 23:00 server time.
🔹Prop Firm Compatibility: The EA’s low-risk settings and conservative strategy make it highly suitable for proprietary trading firm challenges.

IS Grey EA Review

🔹IS Grey EA delivers outstanding long-term returns with minimal drawdown, proving itself to be a highly efficient automated trading system. The advisor demonstrates powerful algorithms, effective capital management, and a sustainable risk/reward strategy.

✅ Initial Deposit: $100
✅ Total Gain: +12,435,591.23%
✅ Daily Growth: 0.31%
✅ Monthly Growth: 9.61%
✅ Maximum Drawdown: 1.28%

IS Grey EA Myfxbok Trading Results

IS Grey EA Trading Results

🔹IS Grey EA has proven to be a highly profitable, low-risk automated trading system over 11 years (2013 – 2023) of trading. Its ability to maintain high average growth with low drawdown makes it a great choice for traders.

✅ Initial Deposit: $100
✅ Total Gain: +23.48 M%
✅ Daily Growth: 0.32%
✅ Monthly Growth: 10.16%
✅ Maximum Drawdown: 2.45%

IS Grey EA Myfxbok Results

IS Grey EA Myfxbok Signal Results

Why Use IS Grey EA?

🔹Enhanced Capital Preservation: The EA’s very conservative risk setting and structured approach to trade protection make it an excellent tool for capital preservation.
🔹Consistent Profitability: The combination of a low-risk scalping strategy and a volatility filter allows for the steady and consistent capture of small profits.
🔹Automated and Disciplined: The EA automates the entire process, from lot sizing to trade exits, ensuring a disciplined and consistent trading approach.
🔹High Adaptability: The EA’s adaptive lot sizing and time-based trading ensure it can adjust to changing market conditions and account sizes.

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:

1. Source Code MQ4:

✅ IS Grey EA.mq4
✅ IS Grey EA (Safe Mod).mq4

2. Experts:

✅ IS Grey EA.ex4
✅ IS Grey EA (Safe Mod).ex4

3. Presets:

✅ Grey_Gold.set
✅ Grey_Gold (Safe Mod).set

Conclusion: Why IS Grey EA Stands Out as a Low-Risk, High-Performance Scalping Robot

In short, The IS Grey EA for MT4 has proven itself as one of the most profitable and reliable Expert Advisors (EA) in the forex market, particularly for Gold (XAUUSD) and major currency pairs. Built on a low-risk scalping strategy, it consistently captures quick 3-pip profits while maintaining strict account protection through a fixed 50-pip stop loss and a 1% risk cap per trade. Unlike aggressive systems, IS Grey EA ensures long-term sustainability by automatically adjusting lot sizing based on equity, making it suitable for both small accounts and professional prop firm challenges.