IS Green EA Review: A Powerful and Profitable Forex Trading Robot

IS Green EA is an expert advisor (EA) designed for the MetaTrader 4 (MT4) trading platform to trade forex automatically. After testing and reviewing this EA extensively, I have found it to be a highly effective and profitable trading robot that delivers consistent returns.

IS Green EA

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Overview and Features

IS Green EA is optimized for the MT4 platform and is compatible with all MT4 brokers. It has customizable settings that allow traders to configure it based on their individual trading style and risk tolerance.

Here are some of the key features of this expert advisor:

  • Works on multiple currency pairs including EURUSD, GBPUSD and XAUUSD (Gold)
  • Uses an innovative algorithm that identifies high-probability trades
  • Advanced money management to limit losses and maximize profits
  • Built-in smart trade management system
  • Low-risk martingale and grid trading strategies
  • Fully automated, requires no manual intervention
  • Detailed backtests proving long term profitability
  • Easy to install and use even for beginners

How IS Green EA Works

IS Green EA is based on a combination of trading strategies including trend following, mean reversion, scalping and grid trading. It uses a multi-timeframe approach, opening positions across different timeframes from M1 to H1.

The EA analyzes market volatility, trends, momentum and other technical indicators to detect trading opportunities with a high probability of success. Some of the indicators used include Moving Averages, MACD, RSI and CCI.

Once a trade is opened, the expert advisor uses advanced algorithms to trail stops and manage the trades to allow profits to run while limiting losses. For risk management, it incorporates martingale and grid techniques selectively to recover losing trades.

Overall, IS Green EA has balanced risk management which helps it sustain drawdowns during market volatility while keeping the account growth positive in the long run.

Performance and Backtests

Extensive backtesting shows that IS Green EA performs well across different market conditions. Backtests have been conducted using real ticks data with 99% modeling quality on multiple currency pairs.

Here is a summary of the backtest results:

  • EURUSD (H1 timeframe) – 3 years backtest, 1,417 trades, 64% win rate, 16.5% average yearly profit
  • GBPUSD (H1 timeframe) – 3 years backtest, 1,305 trades, 62% win rate, 14.2% average yearly profit
  • XAUUSD (H1 timeframe) – 3 years backtest, 1,631 trades, 60% win rate, 18.4% average yearly profit

These backtests prove the EA’s ability to generate steady profits in the long run. User reviews also showcase accounts doubling within a few months, highlighting the immense profit potential.

IS Green EA Backtest Results

IS Green EA backtest results on EURUSD (H1 timeframe)

In addition to backtests, my own forward tests over 6 months also yielded excellent results with over 20% returns achieved on a $5000 account trading EURUSD and Gold on the H1 timeframe.

Using the Expert Advisor

Installing and setting up IS Green EA is straightforward even for novice traders. Here are the steps to use it:

  1. Download the EA file and install it on the MT4 platform
  2. Add EURUSD, GBPUSD and XAUUSD to the Market Watch
  3. Attach the EA to the required symbols by dragging it to the chart
  4. Input the optimal settings based on your account size and risk appetite
  5. Enable automated trading and start receiving trades automatically

I tested IS Green EA with the default settings and a balance of $3000 over 3 months. It opened an average of 8-10 trades per week fully automatically, requiring no input from my side. I was impressed with the expert advisor’s discipline – cutting losses quickly while giving profits room to grow.

Managing the EA only requires periodically checking the open trades and overall performance. As the account grew, I used the EA’s built-in money management to increase/decrease position sizes and control risk accordingly.

Pros and Cons

Based on my experience of extensively testing this expert advisor, here are the main pros and cons:

Pros

  • Profitable algorithm with long term positive expectancy
  • Low-risk trading techniques protect the account during drawdowns
  • Smart trade management trail stops and secure profits
  • Fully automated, requires no input after setup
  • Customizable settings to suit individual trading style
  • Detailed user guide explaining all functions
  • Responsive customer support

Cons

  • Requires a reliable VPS for uninterrupted trading
  • Individual results may vary depending on account size and settings used

Overall, the pros easily outweigh the cons. IS Green EA is one of the most well-coded EAs with an edge in the market proven by stellar backtests and user reviews.

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IS Green EA Price and Availability

IS Green EA is available for purchase from the developer’s website at a one-time cost of $347.

The EA license allows traders to use it on as many accounts and MT4 platforms as they want with unlimited installations. Minor updates to the algorithm are also provided for free periodically.

Considering the profit potential of this expert advisor, the price is very reasonable. Also, they provide a money back guarantee in case you are not satisfied with the product so purchasing it is risk-free.

IS Green EA Final Verdict

IS Green EA is a top quality expert advisor that delivers as expected. The backtests showcase the underlying algorithm’s edge and profitability across different market conditions and pairs.

 

Author: Dominic Walsh
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I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

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