IS Purple EA v1.1 MT4 with SetFiles (Unlimited)
Original price was: $880.00.$79.00Current price is: $79.00.
IS Purple EA is an expert advisor developed to specialize in trading Gold and major currency pairs. Profit performance verified by Myfxbook.
Frequently bought together
Frequently bought together
What is IS PURPLE EA?
IS Purple EA (Expert Advisor) is a type of automated trading software designed for the Forex market. It’s programmed to make trading decisions based on predefined criteria or strategies without the need for human intervention. Like most EAs, it’s likely designed to work within the MetaTrader platform, which is popular among Forex traders.
- Vendor website: Click here
Key Features
- Strategy: Details on the trading strategy or algorithms it uses, such as trend following, scalping, or grid trading.
- Risk Management: Options for setting Stop Loss (SL), Take Profit (TP), trailing stops, and money management rules.
- Compatibility: Information on which currency pairs and timeframes the EA is optimized for.
- Customization: Availability of settings that users can adjust according to their risk tolerance and trading preferences.
IS Purple EA Results
User reviews are crucial for understanding the real-world performance and reliability of an EA. Positive reviews may highlight consistent profitability, user-friendly interface, and good customer support. On the other hand, negative reviews might point out issues with software bugs, poor performance, or lack of transparency. It’s important to look for reviews on reputable trading forums and websites.
- Live Signal Myfxbook 1: Click here
- Live Signal Myfxbook 2: Click here
IS PURPLE EA V1.1 MT4
IS PURPLE EA V1.1 MT4
IS PURPLE MT4 Review
Backtest results of IS PURPLE EA show excellent and limitless profit potential. The initial test capital was $100, the total profit reached $676 in 2 months and the risk level was only 1%. This result shows IS PURPLE’s unlimited profit potential in the future.
- Initial Investment: $100
- Total Return: $676
- Risk Level: 1.0%
- Backtest Period: 2 Months
IS PURPLE EA MT4 Backtest
IS PURPLE EA Backtest
IS PURPLE EA MT4 Review
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $100 / $500 |
| Minimum / Recommended leverage | 1:200 or more |
| Time frames | M1, M5 |
| Currency pairs | XAUUSD, GBPUSD (Major) |
| Setup files | Available |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX 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
What’s in the package?
The download package of the product suite includes:
- Experts:
- IS Purple EA v1.0 (Unlimited).ex4
- IS Purple EA v1.1 (Unlimited).ex4
- Presets:
- GOLD_M1_$100_LOW RISK.set
- GOLD_M1_$500_LOW RISK.set
- GOLD_M1_$1000_LOW RISK.set
- GOLD_M1_$2000_LOW RISK.set
- Purple_Gold_M5.set
- Purple_GBPUSD_M5.set
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User Reviews
Only logged in customers who have purchased this product may leave a review.
FAQs
1. What is IS Purple EA?
IS Purple EA is an automated trading software (Expert Advisor) for the Forex market. It automatically makes trades based on pre-programmed rules, eliminating the need for constant manual intervention.
2. What trading strategy does it use?
The specific details of the strategy are not mentioned. However, it might be helpful to contact the vendor (link provided) to inquire about the trading style (e.g., trend following, scalping) used by the EA.
3. How can I manage my risk with IS Purple EA?
The software likely offers options for setting Stop Loss (limits losses), Take Profit (targets profits), and trailing stops (automatically adjusts stops). It's crucial to understand these settings and adjust them to your risk tolerance.
4. Which currency pairs and timeframes does it work with?
IS Purple EA reportedly works best with major currency pairs like XAUUSD (Gold) and GBPUSD on the M1 (1-minute) and M5 (5-minute) timeframes.
5. Can I customize the settings of IS Purple EA?
The information doesn't explicitly state customization options. It's recommended to check with the vendor if the settings can be adjusted to suit your preferences.
6. Are there any real user reviews of IS Purple EA?
The provided information only mentions backtesting results. It's essential to find independent user reviews on reputable trading forums to understand the real-world performance and any potential issues.
7. What is the minimum investment required for IS Purple EA?
The recommended starting capital is $100, but a higher balance (around $500) is suggested for better results.
8. What type of trading account is recommended?
An ECN or low spread account is preferred for optimal performance. Classic accounts with wider spreads are not recommended.
9. What's included in the IS Purple EA package?
The package includes two versions of the EA (.ex4 files) and several pre-configured settings (.set files) for different account sizes and currency pairs.
Original price was: $880.00.$79.00Current price is: $79.00.
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