MT4Major Pairs, XAUUSD (Gold) · M1 (1 minute chart)Updated 4 Sept 2025

IS Lime EA Source Code MQ4 with SetFiles (Available)

Q: 1. What is IS Lime EA?

IS Lime EA is a conservative scalping Expert Advisor (EA) designed for traders who want to minimize risk and focus on steady, long-term portfolio growth. By using fixed lot sizes, stringent entry conditions, and low-risk settings, it aims to secure small, frequent profits with minimal drawdowns.

Q: 2. How does IS Lime EA manage risk?

IS Lime EA uses a low-risk profile by employing fixed lot sizes and wide stop-loss levels, ensuring minimal exposure to market fluctuations. It focuses on preserving capital and avoiding large drawdowns, making it ideal for traders who prioritize safety in their trading approach.

Q: 3. Is IS Lime EA suitable for beginners?

Yes, IS Lime EA is an excellent choice for beginners. Its simple setup, fixed lot sizing, and disciplined trading strategy make it easy to use, even for novice traders. The EA’s low-risk approach helps new traders avoid excessive risk while learning the ropes of automated trading.

Q: 4. What trading strategy does IS Lime EA follow?

IS Lime EA follows a conservative scalping strategy, focusing on small, frequent profits from short-term trades. The EA operates with tight risk parameters and only enters the market when specific conditions are met, ensuring that trades are executed at the optimal time for minimal risk.

Q: 5. Can I adjust the settings in IS Lime EA?

Yes, IS Lime EA is highly customizable. You can adjust key parameters like risk levels, lot sizes, stop-loss, take-profit, and trading hours to suit your preferences. The EA also allows manual control over lot sizes for full flexibility in your trading strategy.

Q: 6. How does IS Lime EA handle time-based trading?

IS Lime EA utilizes time-based trading to execute trades during optimal market hours. It trades only when market conditions are stable, avoiding high-risk periods such as rollovers and wider spreads, which helps minimize slippage and improves trade execution.

Q: 7. What kind of performance can I expect from IS Lime EA?

IS Lime EA has demonstrated impressive long-term performance. Over several years, it has shown consistent gains, including a 16.09% monthly gain and a total return of over 3.2 million percent. In 2023, it delivered a remarkable 139.51% monthly gain while trading XAU/USD (Gold), with a maximum drawdown of only 4.70%.

Q: 8. How do I set up IS Lime EA on MetaTrader 4?

To set up IS Lime EA on MetaTrader 4, download the EA file, place it in the Experts folder, and activate it on your selected chart. Customize the settings to your preferred risk levels, and ensure AutoTrading is enabled for automated execution. Detailed setup instructions are provided to help you get started.

IS Lime EA is an expert advisor for trading GOLD and currency pairs. Focused on small, regular profits with low risk, stable growth proven by MyFxBook.

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Will it work for me?

Trading platform

MetaTrader 4 (MT4)

Time frames

M1 (1 minute chart)

Recommended deposit (Min)

$100

Recommended leverage (Min)

1:100 or more

Currency pairs

Major Pairs, XAUUSD (Gold)

Setup files

Available

Product type

Unlimited

What you get

In the download

COMIS Lime EA Source Code MQ4 by eaforexstore.com

Full review

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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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.

🟢 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).

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.

♦️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)

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

♦️Step 3: Activate the EA

Restart MetaTrader 4.
Open the Navigator window (Ctrl+N).
Under Expert Advisors, locate IS Lime EA.
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 <<<

Questions about IS Lime EA Source Code MQ4

1. What is IS Lime EA?

IS Lime EA is a conservative scalping Expert Advisor (EA) designed for traders who want to minimize risk and focus on steady, long-term portfolio growth. By using fixed lot sizes, stringent entry conditions, and low-risk settings, it aims to secure small, frequent profits with minimal drawdowns.

2. How does IS Lime EA manage risk?

IS Lime EA uses a low-risk profile by employing fixed lot sizes and wide stop-loss levels, ensuring minimal exposure to market fluctuations. It focuses on preserving capital and avoiding large drawdowns, making it ideal for traders who prioritize safety in their trading approach.

3. Is IS Lime EA suitable for beginners?

Yes, IS Lime EA is an excellent choice for beginners. Its simple setup, fixed lot sizing, and disciplined trading strategy make it easy to use, even for novice traders. The EA’s low-risk approach helps new traders avoid excessive risk while learning the ropes of automated trading.

4. What trading strategy does IS Lime EA follow?

IS Lime EA follows a conservative scalping strategy, focusing on small, frequent profits from short-term trades. The EA operates with tight risk parameters and only enters the market when specific conditions are met, ensuring that trades are executed at the optimal time for minimal risk.

5. Can I adjust the settings in IS Lime EA?

Yes, IS Lime EA is highly customizable. You can adjust key parameters like risk levels, lot sizes, stop-loss, take-profit, and trading hours to suit your preferences. The EA also allows manual control over lot sizes for full flexibility in your trading strategy.

6. How does IS Lime EA handle time-based trading?

IS Lime EA utilizes time-based trading to execute trades during optimal market hours. It trades only when market conditions are stable, avoiding high-risk periods such as rollovers and wider spreads, which helps minimize slippage and improves trade execution.

7. What kind of performance can I expect from IS Lime EA?

IS Lime EA has demonstrated impressive long-term performance. Over several years, it has shown consistent gains, including a 16.09% monthly gain and a total return of over 3.2 million percent. In 2023, it delivered a remarkable 139.51% monthly gain while trading XAU/USD (Gold), with a maximum drawdown of only 4.70%.

8. How do I set up IS Lime EA on MetaTrader 4?

To set up IS Lime EA on MetaTrader 4, download the EA file, place it in the Experts folder, and activate it on your selected chart. Customize the settings to your preferred risk levels, and ensure AutoTrading is enabled for automated execution. Detailed setup instructions are provided to help you get started.