🔍 Overview
IS New Project EA is a semi-automated Expert Advisor for MetaTrader 4, primarily designed for BTC/USD scalping on the M1 (1-minute) timeframe. It offers fast execution, intuitive visuals, and easy setup—completely DLL-free.
⚙️ Core Trading Logic & Strategy
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Uses a grid-style strategy with widely spaced pending orders via customizable
DistandStepsettings. -
Starts with a low default lot size of 0.01, making it suitable for small or conservative accounts.
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Combines fixed take-profit with a dynamic trailing stop, allowing trades to lock in profits while riding longer trends.
📉 Risk / Volatility Filters
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Filters out weak or choppy price action using adjustable thresholds like
AvBarPercentandMinimumBarSize. -
Handles high spreads effectively with a wide
MaxSpreadallowance. -
Trades almost 24/5 but avoids broker rollover volatility with specific start and end hours.
📊 Visual Interface & Customization
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Includes on-chart visuals like buy/sell levels, dashboard, and trade info—all with fully customizable colors and fonts.
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Displays real-time performance and trade status using a built-in dashboard for quick decision-making.
💡 Performance Highlights
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Proven performance on live accounts with over 787% total gain from a $99 start.
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Keeps drawdown low (~6.65%), with a 95%+ win rate in both backtests and live trading.
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Backtests show consistent profitability, with net profits and minimal drawdowns under 8%.
💵 Access & Pricing
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Comes as a no-DLL version, ideal for security-conscious traders.
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Includes preset
.SETconfiguration files to ensure smooth setup. -
Typically priced between $49–$89 USD, with unlimited usage on both demo and live accounts.
✅ Summary / Key Selling Points
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Lightweight and low-risk strategy with small starting lots.
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Powerful grid logic enhanced with smart filters for stability.
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Live-verified gains and minimal drawdown make it attractive for all traders.
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Easy to install, visually intuitive, and fully customizable.
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No DLL files—just plug, set, and trade.
