IS New Project EA MT4 with SetFiles (Platform build 1471+)
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What is IS New Project EA MT4?
IS New Project EA is a flexible Expert Advisor (EA) built for automated trading with advanced volatility filters, structured execution and adaptive risk management. Using market behavior analysis and smart trade control Indicators, it delivers stable performance, controlled exposure and dynamic trailing protection for disciplined long-term trading.
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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 New Project EA MT4, IS SevenTrade EA, IS Smart Scalper EA, IS Orange EA, IS Lime EA, IS Purple EA, IS Yellow EA and other advisors. Among them, IS New Project EA is his best performing products.
IS New Project EA MT4 Overview
Key Features of IS New Project EA
🔹 Adaptive Trade Management: Combines Take Profit (TP) and Trailing stop logic for controlled automation.
🔹 Volatility Filtering System: Uses bar size and average bar strength Indicators to reduce noise trades.
🔹 Flexible Risk Control: Supports low lot trading with structured spacing and exposure management.
🔹 Dynamic Trailing Protection: Locks profits automatically once trades reach predefined levels.
🔹 Time-Based Trading Filters: Avoids unstable market periods with optimized trading schedules.
🔹 Customizable Visual Interface: Displays clear chart data and execution information in real time.
What is the IS New Project EA Trading Strategy?
🔹 Grid-Compatible Execution Logic: Uses structured order spacing to manage market fluctuations smoothly.
🔹 Bar Strength Confirmation: Filters weak candles using volatility and average bar analysis tools.
🔹 Trend-Adaptive Entries: Executes positions only when market structure meets trading conditions.
🔹 Trailing Profit Optimization: Extends profitable trades using dynamic trailing stop management.
🔹 Spread Protection System: Controls execution quality by monitoring spread and market conditions.
🔹 Session-Based Operation: Trades during optimized hours for improved stability and execution flow.
IS New Project EA MT4 Review
1. IS New Project EA MyFxBook Results:
IS New Progect EA works on Real USD accounts and is verified by MyFxBook. The EA shows strong profitability with controlled risk, suitable for traders looking for high-growth Expert Advisors.
✅ Total Gain: +787.45%
✅ Deposit: $99.54
✅ Daily Gain: 4.05%
✅ Monthly Gain: 787.45%
✅ Drawdown: 6.65%
IS New Project EA Myfxbook Results
IS New Project EA Myfxbook Signal Results
2. IS New Project EA Backtest Results:
The IS New Project EA demonstrates highly consistent and profitable trading performance on MetaTrader 4, as evidenced by the detailed backtest report. Let’s break down the key metrics and evaluate what they reveal about this Expert Advisor’s capabilities:
✅ Initial Deposit: $34.06
✅ Net Profit: $55.37
✅ Win Rate: 95.35%
✅ Maximal Drawdown: 7.59%
IS New Project EA MT4 Backtest Results
Why choose the IS New Project EA?
🔹 Stable Automated Trading: Designed for traders focused on consistency and controlled market exposure.
🔹 Flexible Configuration Options: Allows customization of volatility, timing and trade management.
🔹 Low-Risk Position Sizing: Starts with conservative lot settings for safer portfolio management.
🔹 Structured Execution Framework: Combines precise entries with disciplined profit protection tools.
🔹 Marketplace-Ready Solution: Suitable for funded accounts, live trading and long-term strategies.
🔹 Optimized Trading Stability: Built to adapt efficiently across ranging and medium-volatility markets.
Recommended Settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M1 (1 minute chart) |
| Minimum / Recommended deposit | $100 |
| Minimum / Recommended leverage | 1:30 |
| Currency pairs | BTCUSD (Bitcoin) |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Experts: IS New Project EA.ex4
✅ SetFiles: New Project.set
Conclusion: Precision Trading with Low Risk and High Returns
In short, IS New Project EA for MetaTrader 4 is a feature-rich and semi-automated Expert Advisor (EA) designed to deliver precision trading with configurable parameters and a strong focus on risk management. Using a Grid-based logic with wide step spacing, fixed small lot sizes, and a flexible exit strategy combining fixed Take Profit and dynamic trailing stops, this EA offers traders a stable and reliable trading approach.
🔢 IS New Project EA MT4 Settings Guide – Full Input Parameters Explained
IS New Project EA is an automated trading Expert Advisor developed for the MetaTrader 4 platform. The EA focuses on trend-based execution, dynamic trailing stop management, spread control, and candle/bar analysis for automated forex trading.
With customizable profit targets, bar processing filters, and visual chart tools, IS New Project EA MT4 provides traders with flexible settings suitable for both conservative and aggressive trading styles.
IS New Project EA MT4 Settings
🔢 IS New Project EA MT4 Input Settings
Below are the details of the parameters in the advisor’s trading system settings table:
IS New Project EA MT4 Settings Panel
🔹 Lot = 0.01: Sets the fixed trading lot size to 0.01.
🔹 MinProfit = 0.5: Defines the minimum profit threshold before the EA manages or closes positions.
🔹 StopLossPercent = 0.0: Stop-loss percentage protection is disabled because the value is 0.0.
🔹 TakeProfit = 300: Sets the take-profit target at 300 points.
🔹 Dist = 20000: Defines the main trade distance parameter used in order calculations.
🔹 Step = 1000: Sets the step distance between trading levels or orders to 1000 points.
🔹 Trail = 3000: Configures the trailing stop distance at 3000 points.
🔹 TrailStart = 1000: Activates trailing stop after the trade reaches 1000 points in profit.
🔹 AvBarPercent = 55: Uses 55% average bar percentage as part of the market condition filter.
🔹 MinimumBarSize = 3500: Minimum required candle/bar size for trade validation is 3500.
🔹 PeriodBar = 100: Uses 100 bars/candles for market analysis calculations.
🔹 BarProcessing = 3: Defines the bar processing mode or candle handling method.
🔹 MaxSpread = 3000: Maximum allowable spread is set to 3000 points before opening trades.
🔹 TimeStart = 2: Trading session starts at hour 2.
🔹 TimeEnd = 23: Trading session ends at hour 23.
🔹 BuyLine = Blue: Buy trade lines are displayed in Blue color on the chart.
🔹 SellLine = Red: Sell trade lines are displayed in Red color on the chart.
🔹 Info = true: Enables the EA information panel on the chart.
🔹 TextColor = White: Sets the information text color to White.
🔹 InfoDataColor = DodgerBlue: Information data values are displayed in DodgerBlue.
🔹 FonColor = Black: Background or font panel color is set to Black.
🔹 FontSizeInfo = 7: Information panel font size is configured to 7.
🔹 Magic = 2025: Unique magic number identifier assigned to all EA trades.
🔢 Conclusion
IS New Project EA MT4 is a customizable automated trading robot designed for MetaTrader 4 users who want flexible trade management and bar-based market analysis. The EA combines trailing stop systems, spread protection, visual chart tools, and advanced candle filtering to improve automated trading efficiency.
With adjustable trade timing and risk settings, IS New Project EA MT4 can be adapted to different trading conditions and strategies.
🔢 FAQs
❓ What is IS New Project EA MT4?
IS New Project EA MT4 is an automated forex trading Expert Advisor for the MetaTrader 4 platform.
❓ Does IS New Project EA MT4 support trailing stop?
Yes, the EA includes customizable trailing stop and trailing start parameters.
❓ What is the purpose of the MaxSpread setting?
The MaxSpread parameter prevents trading during high spread market conditions.
❓ Can I customize the lot size in IS New Project EA MT4?
Yes, traders can manually adjust the trading lot size using the Lot parameter.
❓ Does IS New Project EA MT4 include chart visualization tools?
Yes, the EA provides visual trade lines, information panels, and customizable chart colors.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is IS New Project EA and how does it work?
IS New Project EA is a semi-automated Expert Advisor for MetaTrader 4, using a low-risk grid-based strategy with wide spacing, fixed Take Profit, and a powerful trailing stop for flexible exits.
❓ Is IS New Project EA suitable for beginners or small accounts?
Yes, it starts with small fixed lot sizes and has user-friendly configuration options, making it ideal for beginners and accounts with as little as $100.
❓ What trading strategy does IS New Project EA use?
The EA uses a grid strategy with large step sizes between orders, aiming to reduce risk and avoid frequent entries during volatile market conditions.
❓ How does the volatility filter feature work?
It uses average bar percentage and minimum bar size to filter out trades during unstable conditions, helping to avoid unnecessary losses in choppy markets.
❓ Can I customize how the EA looks on the chart?
Yes, IS New Project EA includes visual customization options such as colors for buy/sell lines, text, and background for a clearer and more intuitive trading interface.
❓ What is the risk and drawdown profile of this EA?
Based on Myfxbook and backtest results, the EA shows a very low drawdown (as low as 6.65%) with strong gains, highlighting its controlled risk approach.
❓ What currency pairs and timeframes does the EA support?
It is optimized for BTCUSD on the M1 (1-minute) timeframe, but may work with other instruments as per user testing and adjustment.
❓ Is it compatible with high spread brokers or volatile markets?
Yes, the EA tolerates high spreads and is designed to run most of the day, avoiding only the most volatile opening/closing times.
❓ Can I manually adjust the trading behavior of the EA?
Absolutely. You can fine-tune parameters such as entry distance, lot size, Take Profit, Stop Loss, and volatility filters for more personalized control.
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