⚙️ IS New Project EA MT4: The Configurable Expert Advisor for Precision Trading

The IS New Project EA MT4 is a powerful and versatile tool for traders who seek fine-tuned control over their automated strategies. Designed for the MetaTrader 4 platform, this Expert Advisor provides a comprehensive set of parameters, allowing you to tailor its behavior to your specific trading style. From managing risk and filtering market volatility to customizing the visual display, this EA puts you in the driver’s seat.

📊 Parameter Breakdown: A Trader’s Guide

Below is a comprehensive breakdown of the EA’s parameters, explaining what each setting means for your trading strategy.

Variable	Value	Description
Lot	0.01	Defines the fixed lot size, ideal for small accounts and low-risk trading.
MinProfit	0.5	The minimum profit in currency that a trade must reach before it can be closed by other logic.
StopLossPercent	0.0	A value of 0.0 indicates that a stop loss is not set by a percentage of the account balance.
TakeProfit	300	The fixed Take Profit level in points.
Dist	5000	The distance in points between orders for a grid strategy.
Step	1000	The step size in points for a grid strategy.
Trail	3000	The trailing stop distance in points from the current price.
TrailStart	1000	The number of points a trade must be in profit before the trailing stop is activated.
AvBarPercent	15	Used for bar filtering, likely based on the average size of recent bars.
MinimumBarSize	1500	The minimum size in points a bar must be for a trade to be considered.
PeriodBar	100	The number of past bars used in the bar processing logic.
BarProcessing	10	A parameter for controlling the bar processing algorithm.
MaxSpread	3000	The maximum allowable spread in points for the EA to open a new trade.
TimeStart	2	The start hour (in server time) for the EA to begin trading.
TimeEnd	23	The end hour (in server time) for the EA to stop trading.
Magic	2025	The unique identifier for the EA’s trades, preventing interference with other EAs.

Visual Customization:

🔵 BuyLine (Blue): Customizes the color of the buy-side line on the chart.
🔴 SellLine (Red): Customizes the color of the sell-side line on the chart.
⚪ TextColor (White): Sets the text color for on-chart information.
💧 InfoDataColor (DodgerBlue): Sets the color for data text, providing clear visual feedback.
⚫ FonColor (Black): Sets the background color for information displayed on the chart.

✅ Key Highlights

Grid Strategy Potential: The large `Dist` and `Step` parameters suggest a grid-based logic or spacing of multiple orders.
Low Lot Size: At `0.01`, it’s ideal for small accounts or low-risk environments.
Flexible Exit Strategy: Combines a fixed `TakeProfit` with a `Trailing Stop`, allowing for both quick profits and extended runs.
Time Control: Operates between `2` and `23` server time, avoiding potentially volatile market close/open hours.
Visual Customization: Multiple color parameters for easy chart readability and aesthetic appeal.

🔍 Conclusion

The IS New Project EA for MT4 is a highly configurable trading robot tailored for users seeking control over risk, volatility filtering, and visual tracking. With its grid-compatible settings, trailing stop logic, and nearly full-day operation, it is well-suited for traders employing semi-automated strategies, especially in ranging or medium-volatility markets. Its flexible design and precise control parameters make it a strong candidate for those optimizing performance on live or funded accounts.

Take Control of Your Trading Today!

⚠️ Risk Disclaimer: Automated trading involves risk, and past performance is not a guarantee of future results. Please ensure you understand the EA’s parameters and how they affect your strategy before deploying it in a live trading environment.