IS Red EA v2.0 Source Code MQ4 + SetFiles (Unlimited)

IS Red EA: A Low-Risk, Systematic EA for Steady Growth

IS Red EA is an expert advisor that uses a structured and systematic approach to automated Forex trading. The Expert Advisor (EA) is engineered for low-risk, steady growth, with a focus on capital preservation and consistent profits. It uses a scalping-style strategy with small, frequent profit targets and a grid-like spacing to capitalize on market movements. With a strong emphasis on risk management and reliable execution, the EA provides a trustworthy automated trading solution.

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

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IS Red EA Overview

Key Features

🔹Conservative Risk Management: The EA operates with a very low-risk percentage and a percentage-based stop loss, prioritizing account safety.
🔹Scalping-Style Profit Target: A fixed small take profit ensures frequent gains, minimizing exposure to market volatility.
🔹Dynamic Trailing Stop: A trailing stop is applied, allowing trades to secure profits while maximizing returns during trending moves.
🔹Time-Based Trading: It uses a time filter to trade only during high-liquidity hours, to avoid spread spikes and slippage.

Additional Features

🔹Grid-Like Spacing: New trades are placed at a fixed interval, suggesting a grid-style or cost-averaging method.
🔹Trade Execution Control: Controls trade intervals, preventing over-trading and maintaining steady market engagement.
🔹Unique Magic Number: A unique magic number identifies the EA’s trades, ensuring no interference with other EAs on the same account.
🔹Myfxbook-Verified Performance: The EA’s performance is verified on Myfxbook, providing transparency and a history of real-account results.

IS Red EA Review

🔹IS Red EA has shown impressive performance results on Myfxbook verified accounts, highlighting its ability to generate consistent profits while keeping risks under control over the 2 years (2021 – 2022).

✅ Initinal Deposits: $1,000
✅ Total Gain: +9917.53%
✅ Daily Growth: 1.24%
✅ Monthly Growth: 44.56%
✅ Maximum Drawdown: 4.02%

IS Red EA MT4 Trading Results

IS Red EA Trading Results

🔹IS Red EA has delivered outstanding returns during a long testing period of 3 years (2020 – 2022), verified by Myfxbook. The results reflect its ability to generate exponential returns with low drawdown, making it a highly efficient robot

✅ Initinal Deposits: $100
✅ Total Gain: +370,999.27%
✅ Daily Growth: 0.83%
✅ Monthly Growth: 28.25%
✅ Maximum Drawdown: 3.44%

IS Red EA Myfxbook Results

IS Red EA Review

Why Use IS Red EA?

🔹High Capital Protection: The EA’s very conservative risk settings and a percentage-based stop loss provide a high level of protection for your account.
🔹Steady and Consistent Growth: The combination of a low-risk strategy and a high-frequency profit target results in steady, consistent gains with limited exposure.
🔹Reliable and Transparent: The EA’s Myfxbook-verified performance provides transparency and shows that it is a reliable tool.
🔹Minimized Risk from Volatility: The EA’s small profit target and time filters are designed to minimize risk from sudden market volatility and bad execution.

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 Red EA.mq4
✅ IS Red EA 2.0.mq4

2. Experts:

✅ IS Red EA.ex4
✅ IS Red EA 2.0.ex4

2. Presets:

✅ Red_High_risk_M1.set
✅ Red_Low_risk_M1.set
✅ Red_Medium_risk_M1.set

Conclusion: Why IS Red EA Stands Out for Gold Trading

In short, The IS Red EA for MT4 is a high-performance Expert Advisor (EA) that combines conservative risk management, scalping-style profit targets, and time-based trading filters to deliver consistent and controlled results. By operating with a very low risk per trade and a percentage-based stop loss, the EA prioritizes capital protection while maintaining steady growth. Its scalping-style small take profit and dynamic trailing stop allow for frequent gains and maximize profits during strong market trends.