IS Purple EA V1.1 MT4 with SET

IS PURPLE EA V1.1 MT4 emerges as a potential asset for traders seeking an automated solution with advanced features and consistent performance. By combining a sophisticated algorithm, effective risk management, and user-friendly interface, this EA aims to empower traders with a tool that can navigate the complexities of the forex market. As with any trading tool, it is essential for users to conduct thorough research, understand the EA’s settings, and test its performance in a controlled environment before deploying it in live trading scenarios.

Frequently bought together

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IS Purple EA V1.1 MT4 with SET
Original price was: $29.00.Current price is: $26.10.
-$2.90
Greedy Golden MT4 EA V1.5 (Platform Build 1420+)
Original price was: $39.00.Current price is: $35.10.
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Vision Scalper EA v5.5 MT4 with SetFiles (Platform Build 1420+)
Original price was: $59.00.Current price is: $53.10.
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Frequently bought together

IS Purple EA V1.1 MT4 with SET -$2.90
Original price was: $29.00.Current price is: $26.10.
Greedy Golden MT4
Greedy Golden MT4 EA V1.5 (Platform Build 1420+) -$3.90
Original price was: $39.00.Current price is: $35.10.
Vision Scalper EA v5.5
Vision Scalper EA v5.5 MT4 with SetFiles (Platform Build 1420+) -$5.90
Original price was: $59.00.Current price is: $53.10.
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Overview

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.

Why Should You Use IS Purple EA?

The use of IS Purple EA, like any trading bot, can offer several advantages:

  • Automation: It can trade 24/5 without requiring constant monitoring, making it ideal for those who cannot commit full time to trading.
  • Emotionless Trading: EAs operate based on pre-set rules, eliminating emotional decisions that can often lead to trading losses.
  • Backtesting: Most EAs allow for historical data testing to evaluate the effectiveness of a strategy before using real money.
  • Diversification: Automated systems can manage multiple currency pairs at once, diversifying risk.

IS Purple EA Reviews

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.

  • https://www.myfxbook.com/strategies/is-purple-ea-11-gold/342530
  • https://www.myfxbook.com/strategies/is-purple-ea-11-gbpusd/342537
IS PURPLE EA V1.1 MT4 + Setup Files

IS PURPLE EA V1.1 MT4

IS PURPLE EA V1.1 MT4 + Setup Files

IS PURPLE EA V1.1 MT4

IS PURPLE EA V1.1 MT4 + Setup Files

IS PURPLE EA V1.1 MT4

IS PURPLE EA V1.1 MT4 + Setup Files

IS PURPLE EA V1.1 MT4

IS PURPLE EA V1.1 MT4 + Setup Files

IS PURPLE EA V1.1 MT4

IS Purple EA Features

Features of IS Purple EA could include:

  • 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, take-profit, 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 Settings

The settings are a critical component, as they allow traders to customize the EA’s operation to match their trading style and risk profile. Common settings might include:

  • Trading Platform : MT4
  • Working Time Frames : M1
  • Leverage : 1:200 or more
  • Currency Pairs : XAUUSD, GBPUSD (Major)
  • Minimum Deposit : 100$ (Recommended Balance: $500 or more for minimum lot)
  • Account Type: Use ECN or low spread. Don’t use classic account
  • Product Type : NoDLL / Unlimited / Fix
  • Prop Firms / FTMO / MFF
  • Setup Files : Available
  • Lot Size: The size of the trades the EA will execute.
  • Risk Level: Parameters that define how aggressive or conservative the EA’s trades will be.
  • Indicators: Settings related to the technical indicators the EA uses for making trade decisions.
  • Max Open Trades: Limits the number of trades that can be open at any given time

IS Purple EA Download

Experts + Presets

  • IS Purple EA 1.0.ex4
  • IS Purple EA 1.1.ex4
  • Purple_gbpuad_M5.set
  • Purple_Gold M5.set

Conclusion

IS PURPLE EA V1.1 MT4 emerges as a potential asset for traders seeking an automated solution with advanced features and consistent performance. By combining a sophisticated algorithm, effective risk management, and user-friendly interface, this EA aims to empower traders with a tool that can navigate the complexities of the forex market. As with any trading tool, it is essential for users to conduct thorough research, understand the EA’s settings, and test its performance in a controlled environment before deploying it in live trading scenarios.

 

EA FX STORE provides a variety of Trading Robots, Indicators, and courses, all aimed at a common goal – assisting investors in improving their investment performance. It is important to understand that trading inherently involves risks, and past performance does not guarantee future results. There is no assurance that any trading account will replicate profits or losses demonstrated in previous scenarios. It is essential not to substitute the information provided by this EA and indicator for personal research, market analysis, or professional financial advice.

Before making any trading decisions, it is recommended to thoroughly assess your investment objectives, experience level, and risk tolerance. Consider utilizing a Demo account for testing before entering into a real investment account. In times of uncertainty, seeking advice from an independent financial advisor is advisable. The creators, developers, and distributors of this EA and indicator explicitly disclaim responsibility for any losses incurred through trading activities relying on the software. By using this EA and indicator, you acknowledge your understanding of these inherent risks and assume full responsibility for the outcomes of your decisions.

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IS Purple EA V1.1 MT4 with SET
IS Purple EA V1.1 MT4 with SET

Original price was: $480.00.Current price is: $29.00.

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