IS White EA MT4 v2.0 with Setfiles (Official version 1441+)

What is IS White EA MT4

IS White EA is a fully automated trading Expert Advisor (EA) developed for the MetaTrader 4 (MT4) platform—one of the most widely used platforms in forex trading. This EA is programmed to follow predefined trading algorithms and rules, allowing it to analyze market conditions and execute trades automatically without the need for manual intervention. Designed for round-the-clock operation, IS White EA helps traders maximize opportunities while maintaining consistent risk management.

Key Features of IS White EA

🔺Built-In Risk Management:

• Stop Loss (SL) & Take Profit (TP) features
• Adjustable risk settings to minimize losses

🔺Smart, Customizable Trading Strategy:

• Adaptable to different capital sizes and risk tolerance

🔺Technical Indicator Integration:

• Uses Moving Averages, RSI, MACD for smarter entries/exits

🔺Adaptability to Market Conditions:

• Adjusts trading behavior based on real-time volatility and trends

🔺Beginner & Pro Friendly:

• Easy-to-use interface and setup
• Suitable for both novice and experienced traders

Why choose IS White EA MT4?

• High-Precision Algorithmic Strategy

•  Fully Automated, Hands-Free Operation (24/5)

• Strong Capital Protection with Built-In Risk Controls

• User-Friendly and Fully Customizable Settings

• Compatible with Major Currency Pairs & Gold (XAUUSD)

IS White EA MT4 Review

1. IS White EA Verified by Myfxbook:

• Verified real capital ($100)
• Very low drawdown: 1% – 6%

🔺Performance insights and consistency in live market conditions:

• Live Signal Myfxbook:  Click here
• Live Signal Myfxbook:  Click here

IS White EA Myfxbook

IS White EA MT4 Myfxbook

2. Backtesting and Historical Performance:

Review of IS White EA backtest results:

🔺Emphasis on:

• Profitability
• Software reliability
• Behavior across different market conditions

IS White EA Backtesttt

IS White EA MT4 Backtestt

What’s Included in the Download Package

🔺Product contents:

• IS White EA V1.ex4 & 2.0.ex4 (Expert files)
• Presets for different risk levels:

• • Risk 0.01 to Risk 2.0

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How To Set Up EA

🔺The IS White EA v2.0 is an automated trading robot designed for MetaTrader 4, emphasizing strong risk management and flexible trade timing. Here’s a quick guide to setting it up effectively:

IS White EA MT4 setting

🟢Key Setup Parameters

• Risk: Set at 0.01 (1%) — This controls the percentage of your account equity risked per trade, adopting a conservative approach to protect your capital.
• StopLossProcent: Set to 10.0% — The EA uses a percentage-based stop loss, dynamically adjusting risk based on your account size.
• TakeProfit: Currently set to -10, which is unusual. This likely means the EA uses a trailing stop or custom exit logic instead of fixed take profit levels.
• Trailing Stop (Tral): Set to 20 points/pips — This trailing stop locks in profits as the market moves favorably.

🟢Trading Time Settings

• TimeStart: 2 AM
• TimeEnd: 11 PM

🔺The EA trades during most active hours, avoiding low liquidity periods to reduce risk.

• PipsStep: 35 — This defines minimum pip distance between trades to prevent overtrading.
• OpenTime: Set to 0, allowing trades to open anytime within the allowed timeframe.

🟢Additional Settings

• Magic Number: 2022 — Identifies trades opened by this EA, useful for managing multiple EAs on one account.

🟢Summary for Traders

🔺Pros:

• Conservative risk (1% per trade) enhances capital preservation.
• Trailing stop protects profits dynamically.
• Controlled trading hours minimize exposure to volatile low-liquidity periods.
• Percentage-based stop loss adapts to account size.

🔺Cons:

• Negative take profit needs testing to understand exit logic fully.
• 10% stop loss might be large for some traders, requiring careful management.
• Limited visible parameters mean the full strategy isn’t clear upfront.

Conclusion

In summary, IS White EA MT4 is a powerful, fully automated trading robot designed for traders who value precision, safety, and hands-free execution. Built for the MetaTrader 4 (MT4) platform, this EA leverages proven trading algorithms and popular technical indicators like Moving Averages, RSI, and MACD to analyze market conditions and execute trades with high accuracy.
What sets IS White EA apart is its robust risk management system, including adjustable Stop Loss and Take Profit settings, which help protect your trading capital and maintain a low drawdown of just 1%–6%, as verified on Myfxbook live accounts. It’s an excellent choice for both beginners and seasoned traders, offering customizable strategies that adapt to various market conditions.

>>> Reviewed by Jason Stap <<<