The IS White EA V2 Forex robot for Metatrader 4 is a profitable scalper that focuses on ultra short-term trends found on the M1 and M5 charts.
The automated robot uses a small stop loss and most trades last less than 5-minutes, often even less than 1-minute.
The EA works on small trading accounts and as can be seen from the MyFXBook tests, the expert advisor made an amazing +36.42% monthly gain.
The IS White EA V2 does not use any dangerous trading strategies such as grid and martingale.
This fully automated trading robot should work with any Forex broker of your preference.
As always, please use the IS White EA V2 EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Strategy Tester Report (MyFXBook)
Find below the IS White EA V2 Forex robot track record when attached to a demo trading account (click on the picture for full size view).
- Monthly gain: +36.42%
- Drawdown: 5.71%
- Time frame: 1-minute
The picture below shows the IS White EA V2 attached to Euro / U.S. Dollar 1-hour chart.
Recommendations & Specifications
- Deploy on low spread currency pairs
- Optimized for M1 and M5 chart (should work on any time frame)
- Minimum account balance: $100
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Risk, stop loss percent, take profit, trail, pips step, open time, magic
Download This Expert Advisor
How to install and run the IS White EA V2 Trading Robot?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the IS White EA 2.0.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the IS White EA V2!