IS White EA v2.0 Source Code MQ4 (Available)

What is IS White EA?

IS White EA is a powerful Expert Advisor (EA) designed for MetaTrader 4, offering a low-risk and highly disciplined trading strategy. Built with a focus on capital preservation, this EA uses conservative risk management settings and implements a percentage-based stop loss to minimize exposure.
One of the standout features of IS White EA is its dynamic trailing stop mechanism, which allows profitable trades to continue running while locking in gains and reducing the impact of sudden market reversals. This ensures both protection and profitability, even in volatile conditions.

• Vender Website

About the Developer

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

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IS White EA Overview

Key Features of IS White EA

🔻Conservative Risk Management:

• Trades with just 1% risk per position
• Uses a 10% percentage-based stop loss, providing safety during volatility

🔻Dynamic Trailing Stop System:

• 20-pip trailing stop replaces fixed TP
• Allows profitable trades to run, capturing more from trends
• Exits are dynamic, not static

🔻Time-Based Trading Logic:

• Trades only during high-liquidity market hours
• Avoids bad slippage and spread widening during news or rollovers

🔻Grid Control & Entry Filters:

• Strategic PipsStep of 35 for spacing entries
• OpenTime = 0 ensures instant execution when signals trigger
• Designed to avoid over-trading and maintain account balance

Additional functions of IS White EA

• Negative TP logic = relies on dynamic exits, not pre-set targets

• Compatible with multiple brokers and low-latency VPS environments

• Unique magic number system to prevent EA conflict

• Designed for XAUUSD, but also supports EURUSD and other major pairs

Why choose IS White EA?

• Capital Safety First: Low risk per trade and SL settings minimize losses

• Smart Profit Locking: Dynamic trailing stop ensures profitable trades don’t reverse

• Emotion-Free Automation: Removes human decision-making from trading

• Disciplined Strategy: Built-in filters, spacing, and risk controls for consistent results

• Stability Over Speculation: Prioritizes steady growth over aggressive risk-taking

IS White EA Verified Performance

🔴 Live Trading Results (3-Year Period)

• Initial Deposit: $100
• Total Gain: +2,792,566.58%
• Daily Growth: 1.04%
• Monthly Growth: 36.42%
• Max Drawdown: 5.71%

IS White EA Myfxbook Results

IS White EA Signal Results

🔴 Backtest Results (Verified on Myfxbook)

• Total Gain: +3,286,129.89%
• Daily Growth: 1.41%
• Monthly Growth: 52.10%
• Max Drawdown: 0.93%

IS White EA Myfxbook Signal Results

IS White EA Trading Results

What’s Included in the Download Package?

🔻 Source Code (MQ4):

• IS White EA.mq4
• IS White EA 2.0.mq4

🔻 Experts:

• IS White EA.ex4
• IS White EA 2.0.ex4

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How To Set Up EA

🔻IS White EA is an Expert Advisor on MetaTrader 4 designed for conservative, time-filtered trading. The input parameters indicate that this is a risk-controlled EA with unique trailing and take-profit logic, ideal for low-risk scalping or strategic order management. Follow this quick and easy guide for a smooth and efficient setup.

IS White EA v2.0 Source Code MQ4 setting

🔴 Step-by-Step Installation Instructions

🔻Download the EA File

• Ensure you have the ISWhiteEA.ex4 or .mq4 file on your device.

🔻Open MetaTrader 4

• Launch your MT4 platform and log in to your trading account.

🔻Open Data Folder

• Click: File → Open Data Folder.

🔻Install the EA

• Navigate to: MQL4 → Experts.
• Paste the IS White EA file into this folder.

🔻Restart MT4

• Close and reopen MetaTrader 4 to recognize the newly installed EA.

🔻Attach EA to Chart

• From the Navigator panel, drag IS White EA 2.0 onto a chart (recommended: major currency pairs, M15 or H1 timeframe).

🔻Enable AutoTrading

• Make sure the AutoTrading button is activated (green).
• A smiley face on the chart indicates the EA is active.

🔻Configure Key Inputs

• Go to EA settings and adjust parameters as needed:
• Risk: 0.01 → 1% risk per trade.
• StopLossProcent: 10.0 → Stops trading if 10% equity drawdown.
• TakeProfit: -10 → Uses trailing stop instead of fixed TP.
• TraIl: 20.0 → Trailing Stop activates after 20 pips in profit.
• TimeStart: 2.0 | TimeEnd: 23.0 → Restricts trading to active market hours.
• PipsStep: 35 → Controls spacing between positions (if used).
• OpenTime: 0 → No limit on trade duration (or default logic).
• Magic: 2022 → Unique trade ID to prevent conflicts with other EAs.

🔻Use VPS for Best Results

• Install IS White EA 2.0 on a reliable VPS to maintain 24/5 connectivity.

Conclusion

In summary, IS White EA is a powerful and well-structured Forex Expert Advisor for MetaTrader 4 that offers a low-risk, highly disciplined trading strategy focused on capital protection and consistent long-term performance. Designed by InvestSniper, a developer with over 8 years of MQL5 expertise, this EA stands out with its percentage-based stop loss, dynamic trailing stop, and precise time-based trading filters—all working together to deliver emotion-free, stable trading outcomes.

>>> Reviewed by Jason Stap <<<