IS Smart Scalper EA v6.0 Source Code MQ4 + Sets (Available)

What is IS Smart Scalper EA?

IS Smart Scalper EA is a high-frequency trading algorithm designed for traders seeking short-term profits with controlled risk. This Expert Advisor (EA) employs a conservative risk management approach and precise take-profit targets, ensuring optimal performance during liquid market sessions. Optimized for execution efficiency, IS Smart Scalper EA offers a robust solution for traders focused on steady intraday gains. With its ability to capitalize on small price movements, this EA is ideal for those looking to maximize short-term returns while maintaining controlled exposure to risk.

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About the Developer

•  Author: InvestSniper.
•  Experience: Over +8 years of experience on MQL5.
•  Notable Products:  IS Smart Scalper EA, IS Orange EA, 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 Smart Scalper EA is the best performing product.

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IS Smart Scalper EA Overview

Key Features of IS Smart Scalper EA

🔻High-Frequency Trading:

• Fast-executing algorithm that takes advantage of short-term market fluctuations to capture quick profits.

🔻Conservative Risk Management:

• Small position sizes and controlled risk ensure minimal drawdown and better capital protection.

🔻Precise Take Profit Targets:

• Aligned with scalping strategies, the EA targets short-term profits to maximize efficiency.

🔻Time-Based Trading:

• Trades only during specific hours to avoid volatility spikes and spread widening during rollover hours

Additional Features of IS Smart Scalper EA

🔻Grid-Style Entry:

• Small pip step between orders allows frequent but controlled entries, following a scaling-in strategy.

🔻Higher Timeframe Filter:

• Uses a higher timeframe filter to confirm the market direction, ensuring reliable entries and reducing false signals.

🔻Controlled Trade Duration:

• Limits the maximum holding time for trades, keeping them aligned with the fast-paced nature of intraday scalping.

🔻Visual Information Panel:

• Displays real-time trade insights on the chart, offering easy monitoring and improved usability.

Why Use IS Smart Scalper EA?

• Enhanced Execution Efficiency: Fast trade execution helps capitalize on short-term market fluctuations.

• High Capital Protection: Conservative settings, small position sizes, and time-based filters ensure capital preservation.

• Stable and Reliable: The use of a higher timeframe filter and controlled entries enhances the EA’s reliability.

• Real-Time Monitoring: The visual trade panel makes it easier to track trades and manage the EA’s performance.

IS Smart Scalper EA Performance Review

🔴 Verified Myfxbook Performance:

• Total Gain: +15.68%
• Monthly Growth: 5.57%
• Drawdown: 8.18%
• Proven results with consistent growth and controlled drawdown.
• Myfxbook Signal: View here

IS Smart Scalper EA Myfxbook Results

IS Smart Scalper EA Myfxbook Results 2023

IS Smart Scalper EA Myfxbook Results 2022

What’s Included in the Download Package?

• Source Code MQ4: IS Smart Scalper 6.0.mq4
• Experts: IS Smart Scalper 6.0.ex4
• Presets: IS Smart Scalper.set

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How To Set Up EA

🔻 is a powerful and customizable expert advisor for MetaTrader 4 (MT4), designed specifically for scalping strategies. Scalping focuses on making small profits from frequent trades, usually in very short time frames. Follow the instructions below to install the EA.

IS Smart Scalper EA setting

➡️Download IS Smart Scalper 6.0 EA
Download the EA file (either .ex4 or .mq4) from a trusted source.

➡️Open MetaTrader 4 (MT4)
Launch your MT4 trading platform.

➡️Copy EA to MT4 Folder

• Click File > Open Data Folder.
• Navigate to MQL4 > Experts.
• Paste the IS Smart Scalper 6.0 EA file into the Experts folder.

➡️Restart MT4
Close and restart MT4 to load the new expert advisor.

➡️Attach IS Smart Scalper to Chart

• Open a chart for your chosen currency pair.
• Drag and drop the IS Smart Scalper 6.0 EA from the Navigator panel onto the chart.

➡️Adjust Key Input Settings
Modify settings based on your preferences:

• Risk: Set to 0.1 for low-risk scalping.
• TakeProfit: Set to 20 pips for small, quick profits.
• PipStep: Adjust to 6 pips to avoid overtrading.
• OpenTime: Set 15-minute delay for optimal trade execution.
• TimeStart & TimeEnd: Set from 2:00 to 23:00 for trading during high-liquidity hours.

➡️Enable Auto Trading
Click the AutoTrading button on the MT4 toolbar to activate the EA.

Conclusion

In summary, IS Smart Scalper EA is a powerful, high-frequency trading algorithm tailored for traders who aim to maximize short-term profits through precise, controlled risk management. With its optimized execution efficiency, this Expert Advisor (EA) excels at capturing small price movements during liquid market sessions, making it a perfect tool for scalpers. The conservative approach—utilizing small position sizes, time-based trading filters, and higher timeframe analysis—ensures capital protection while delivering consistent and reliable profits. Designed for intraday traders, IS Smart Scalper EA capitalizes on fast market fluctuations, achieving stable returns with a total gain of +15.68% and monthly growth of 5.57%, as verified by MyfxBook. Its conservative risk management features, including a controlled drawdown of 8.18%, make it suitable for traders seeking steady growth with minimal exposure. The EA’s real-time trade monitoring panel adds an extra layer of convenience, allowing for easy tracking and management of your trades.

>>> Reviewed by Jason Stap <<<