Is VIP 5 EA (Gold Expert Advisor)
Introduction to IS VIP 5 EA – Scalping XAUUSD (Gold) on the M1 Timeframe.
The IS VIP 5 EA is the most advanced automated trading system in The Invest Sniper’s VIP series, meticulously crafted for precision scalping. Designed for the XAUUSD (Gold) pair, this EA offers high profitability, low drawdowns, and robust performance without relying on risky methods like martingale or grid trading.
Key Features
- Advanced Scalping Algorithm: Targets precise entries and exits for maximum profit.
- Avoids Risky Methods: No martingale, grid, or high-frequency trading involved.
-
Preset Configurations: Optimized for brokers with two or three decimal place pricing formats:
-
isv5_2dig for
1234.xx
format. -
isv5_3dig for
1234.xxx
format.
-
isv5_2dig for
- Real-Time Dashboard: Displays profit metrics, current session, and bar processing on the MT4 chart.
- Comprehensive Backtesting: Verified on MyFXBook with $23M profit from a $1,000 deposit over 4 years.
Performance Insights
- Profit Factor: 4.56.
- Win Rate: 88% long trades, 89% short trades.
- Drawdown: Only 2.50%, ensuring safety and reliability.
-
Trades: Over 8,000 trades analyzed with 99% tick data accuracy.
- Risk: Customizable risk percentage or manual lot sizing.
- Take Profit & Stop Loss: Automatically adjusts based on market conditions.
- Trailing Stop: Locks in profits dynamically.
- Bar Processing & Filters: Ensures precision entries with strict criteria.
- Session Control: Choose specific trading hours and days.
Getting Started
- Add the EA to the XAUUSD M1 chart in MT4.
- Load the appropriate preset (
isv5_2dig
orisv5_3dig
) based on your broker’s pricing format. - Adjust the risk or lot size settings.
- Run the EA on a VPS for 24/7 operation.
- Test on a demo account before live trading.
Conclusion
The IS VIP 5 EA is a premium scalping solution for XAUUSD traders. Whether you’re aiming to pass prop firm challenges or maximize personal account profits, its unmatched algorithm and proven performance make it a must-have
Disclaimer
Before running this on live account please do test it on Demo account or cent account to see it's performance, once you get the understanding of it's settings and conditions you can run it on live account.
Cent account will enable you to run this bot even with deposit of $5 which will give you $500 cents account
If you don't have any cent account you can create it by registering hereExness (the leading online trading platform with the best spreads on gold)