IS Lime EA Source Code MQ4 with SetFiles (Available)

What is IS Lime EA?

The IS Lime EA is a highly effective Expert Advisor (EA) designed to implement a conservative scalping strategy with low risk exposure. By utilizing fixed lot sizes and stringent entry conditions, this EA focuses on securing frequent, small profits while keeping drawdowns to a minimum. It is specifically crafted to enhance long-term portfolio stability, making it an ideal choice for traders who prioritize safety and disciplined risk management in their trading approach.

• Vender Website

About the Developer

•  Author: InvestSniper.
•  Experience: Over +8 years of experience on MQL5.
•  Notable Products: IS Lime EA, IS Purple EA, IS Yellow EA, IS Red EA, IS White EA, IS Grey EA, IS Blue EA, IS Green EA and other advisors. 
•  Flagship Product: IS Lime EA is the best performing product.

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IS Lime EA Overview

Key Features of IS Lime EA

🔻Conservative Risk Management:

• Uses a fixed lot size with a low-risk profile to ensure minimal exposure and protect capital.
• Ideal for traders who want to avoid large drawdowns and focus on safe portfolio growth.

🔻Scalping-Oriented Approach:

• Aims for small, frequent profits, making it perfect for scalping and micro-profit strategies.
• Focus on quick trades with tight risk parameters.

🔻Strict Entry Conditions:

• The EA operates only when the market conditions are stable, ensuring trades are triggered at the right time.
• High threshold for entry conditions to avoid unnecessary risk.

🔻Time-Based Trading:

• Trades are executed only during specific hours to avoid risks during rollover periods and wider spreads.
• Time filter ensures optimal trade execution and reduced slippage.

Additional Features of IS Lime EA

🔻Wide Stop Loss:

• Wide stop loss offers greater flexibility, allowing trades to survive market fluctuations while still protecting capital.
• Prevents unnecessary stop-outs during market volatility.

🔻Frequent Trade Checks:

• Evaluates trades every bar, ensuring timely entries and frequent opportunities while preventing overtrading.

🔻Unique Trade Identifier:

• Each trade is assigned a unique magic number to prevent conflicts with other Expert Advisors running on the same account.

🔻User-Friendly Setup:

• Fixed lot sizing and a simple configuration make the EA easy to set up and use, even for beginners.

Why Use IS Lime EA?

🔻High Capital Safety:

• The EA’s low-risk settings and minimal exposure per trade ensure capital preservation even in volatile markets.

🔻Steady and Consistent Growth:

• By focusing on small, frequent profits, IS Lime EA provides consistent returns with low drawdowns, making it ideal for long-term growth.

🔻Disciplined Execution:

• Strict entry conditions and time-based filters ensure a disciplined and safe trading approach, minimizing unnecessary risk.

🔻Ideal for Beginners:

• With simple setup, fixed lot sizing, and a low-risk profile, IS Lime EA is a great choice for new traders or those looking for a cautious trading approach.

IS Lime EA Performance Review

🟢 MyFxBook Performance (2018–2023):

• Initial Deposit: $100
• Total Gain: +3.2M%
• Daily Gain: 0.5%
• Monthly Gain: 16.09%
• Maximum Drawdown: 5.13%
• Long-Term Success: Impressive results verified by MyFxBook over 6 years.

IS Lime EA Myfxbook Signal Results

🟢 2023 Performance (XAU/USD):

• Initial Deposit: $10
• Total Gain: +199,461.8%
• Daily Gain: 2.95%
• Monthly Gain: 139.51%
• Maximum Drawdown: 4.70%
• Proven Success: Showed incredible profitability and low drawdowns in 2023 while trading XAU/USD (Gold).

IS Lime EA Myfxbook Results

What’s Included in the Download Package?

🔶Source Code MQ4:

• IS Lime EA.mq4

🔶Experts:

• IS Lime EA.ex4

🔶Presets:

• Lime_Gold.set
• Lime_MajorPairs.set

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How To Set Up EA

🔻The EA IS Lime for MetaTrader 4 (MT4) is a highly configurable expert advisor designed to automate trading strategies with precision and risk management. Here is a detailed installation guide for the EA.

IS Lime EA setting

♦️Step 1: Download IS Lime EA

• Download the IS Lime EA file from the official website or trusted provider compatible with MetaTrader 4 (MT4).

♦️Step 2: Install the Expert Advisor (EA)

1. Open MetaTrader 4.
2. From the File menu, select Open Data Folder.
3. Navigate to the MQL4 folder, then the Experts subfolder.
4. Copy the downloaded IS Lime EA file into the Experts folder.

♦️Step 3: Activate the EA

1. Restart MetaTrader 4.
2. Open the Navigator window (Ctrl+N).
3. Under Expert Advisors, locate IS Lime EA.
4. Drag and drop the EA onto the chart of your selected currency pair.

♦️Step 4: Adjust Key Parameters for Optimal Performance

• Risk: 0.01 (1% risk per trade, ideal for low-risk exposure)
• UseManualLot: true (manual lot size for full control over trade size)
• Lots: 0.01 (micro lot size, suitable for smaller accounts or controlled exposure)
• StopLoss: 1000 pips (wide stop loss for larger market moves)
• TakeProfit: 20 pips (tight target for capturing quick profits)
• OpenPoint: 40 pips (triggers trades only after 40 pips price movement)
• OpenTime: 1 minute (ensures smoother execution and prevents impulsive entries)
• TimeStart: 02:00 & TimeEnd: 23:00 (operates during high liquidity hours)
• Magic: 2023 (unique identifier for EA’s trades)

♦️Step 5: Enable Automated Trading

• Ensure AutoTrading is enabled by clicking the AutoTrading button in MetaTrader 4.

Conclusion

In summary, IS Lime EA is a highly effective and reliable Expert Advisor designed to offer a conservative scalping approach with minimal risk exposure. Its strategic use of fixed lot sizes, low-risk settings, and strict entry conditions makes it an ideal choice for traders seeking long-term portfolio stability and consistent growth. The EA focuses on securing small, frequent profits while maintaining a disciplined trading strategy that minimizes drawdowns, making it perfect for those who prioritize safety over aggressive risk-taking.

>>> Reviewed by Jason Stap <<<