Description
Main Title
IS New Project EA: Real-World Insights Into a 787% Return With Just 6% Drawdown
Alternative Title
IS New Project EA — How a $100 Account Grew 7-Fold While Risk Stayed Tiny
Table of Contents
- What Is IS New Project EA?
- Fast Facts at a Glance
- Understanding the 787% Profit Claim
- Drawdown Explained: Why 6% Matters
- Scalping BTCUSD on the M1 Timeframe
- Account Setup: Starting With $100
- Back-Testing vs. Forward-Testing
- Key Features of IS New Project EA
- Risk Management Tips
- Installation & Configuration Guide
- Performance Monitoring Checklist
- Pros and Cons
- Frequently Asked Questions
- Additional Resources
- Final Thoughts
What Is IS New Project EA?
IS New Project EA is an automated trading program (also called an Expert Advisor) designed for MetaTrader platforms. It specializes in scalping the BTCUSD pair on a 1-minute chart. According to real-account data, users have seen +787% profit with a drawdown of only 6%. Because the starting balance was just $100, the worst recorded drop equaled roughly $6.
The robot opens and closes trades quickly, looking for small price moves. It then repeats this process many times each trading day. The end goal: produce high returns while keeping the equity curve smooth.
Fast Facts at a Glance
Metric | Detail |
---|---|
Primary Market | BTCUSD |
Timeframe | M1 (1 minute) |
Starting Balance Tested | $100 |
Reported Profit | +787% |
Maximum Drawdown | 6% (≈$6 on a $100 account) |
Strategy Type | Scalping |
Platform | MetaTrader 4 / MetaTrader 5 |
Minimum Deposit | $100 (tested) |
Supported Brokers | Any broker offering BTCUSD with low spread |
Understanding the 787% Profit Claim
Where does the +787% profit figure come from? The developer released verified statements from a live account. Over roughly seven months, the $100 balance grew to about $887. Here is how such a steep rise can happen:
- High trade frequency – On a 1-minute chart, opportunities appear every few minutes.
- Compounding gains – Profits stay in the account, so position size increases over time.
- Tight risk controls – The EA cuts losing trades early, preventing large equity swings.
While these points look compelling, users should remember that past performance does not guarantee future results. Market conditions change, and crypto spreads can widen during news events.
Drawdown Explained: Why 6% Matters
Drawdown reflects the largest peak-to-trough decline in account equity. With IS New Project EA, the worst recorded dip is just 6% of capital. Because the starting balance was $100, the absolute drawdown was close to $6.
Smaller drawdowns can:
- Allow traders to stay in the game longer.
- Reduce emotional stress because equity swings are mild.
- Make it easier to scale up—a 6% drop on $1,000 is still only $60.
That said, keep in mind:
- Broker slippage or connection issues can increase drawdown.
- Weekend gaps in crypto can cause overnight equity moves.
Scalping BTCUSD on the M1 Timeframe
BTCUSD is known for its volatility. On a 1-minute chart, even tiny price fluctuations can be captured:
- Spread vs. volatility – Brokers with tight spreads help profitability.
- Liquidity – Bitcoin trades 24/7, giving the EA non-stop data.
- Speed – Lower timeframes require fast execution; a VPS is often recommended.
Tip: Before going live, compare at least two brokers, checking latency and commission.
Account Setup: Starting With $100
A standout point for IS New Project EA is its low capital barrier. Here is a basic starting template:
- Choose a crypto-friendly broker that supports MetaTrader 4 or 5.
- Deposit $100 (or the broker’s minimum if higher).
- Install the trading platform on a local PC or VPS.
- Add the EA file to the Experts folder.
- Attach it to a BTCUSD M1 chart.
- Confirm auto-trading is enabled and the smiley icon appears.
Although the EA can run on $100, consider an extra cushion to cover spread widening.
Back-Testing vs. Forward-Testing
Back-Testing
- Uses historical tick data.
- Good for spotting logic errors.
- Might be overly optimistic if broker conditions change.
Forward-Testing
- Runs in real time, either on demo or small live funds.
- Shows how slippage and real spreads affect results.
- Gives traders confidence before scaling up.
Recommendation: Perform at least two weeks of forward-testing on a demo account. Then start live with the minimum size.
Key Features of IS New Project EA
- Adaptive lot sizing – Adjusts position size relative to account balance.
- News filter – Pauses trading during major economic releases.
- Hidden stop-loss – Keeps protective stops server-side for faster execution.
- Dynamic take-profit – Calculates exit levels based on real-time volatility.
- Minimal input parameters – Keeps setup straightforward for beginners.
Risk Management Tips
Even with impressive stats, any automated system can lose money. Here are practical guidelines:
- Use a VPS to reduce latency and avoid local internet failures.
- Limit leverage; many brokers offer 1:5 for crypto. More isn’t always better.
- Withdraw profits periodically; compound carefully rather than all at once.
- Stay updated on broker margin rules, which can change overnight.
- Monitor spread; if BTCUSD spread widens above 50 pips, consider pausing trading.
Installation & Configuration Guide
- Download the EA from the official source.
- Open MetaTrader → File → Open Data Folder → MQL4 (or MQL5) → Experts.
- Paste the file, then restart the platform.
- Drag IS New Project EA onto a BTCUSD M1 chart.
- Allow DLL imports if prompted.
- Set risk parameters:
- Risk_Per_Trade: 2% (default)
- Max_Trades: 3
- NewsFilter: True
- Press OK and confirm the expert is active.
- Check the Journal tab for any error messages.
Need visuals? The official user guide provides screenshots. You can also watch a quick tutorial on YouTube: MetaTrader EA Install Basics.
Performance Monitoring Checklist
- Equity curve trending upward for the last 20 trades?
- Average win larger than average loss?
- Trade frequency stable (no sudden bursts)?
- Any broker margin calls or leverage changes?
- Does slippage exceed 3 pips on more than 10% of trades?
If any of these metrics drift, consider stopping the EA temporarily and reviewing logs.
Pros and Cons
Pros
- Very low drawdown (≈6%).
- Works with a small starting balance.
- Simple to install with few parameters.
- High transparency: live Myfxbook link provided by the developer.
Cons
- Heavy reliance on broker spreads and execution speed.
- Performance may drop during major BTC news events.
- Limited to BTCUSD only (no diversification).
- 24/7 monitoring advisable, which may require a paid VPS.
Frequently Asked Questions
Q1: Can I use IS New Project EA on forex pairs?A: The logic is optimized for BTCUSD. While other assets may run, results are not guaranteed.
Q2: Is the 6% drawdown hard-coded?A: No. While historic data shows 6%, future drawdown can vary with market volatility.
Q3: What leverage is best?A: 1:2 to 1:5 is typically enough for crypto scalping without creating excessive margin stress.
Q4: Do I need programming skills?A: No coding is needed. Installation requires only drag-and-drop steps in MetaTrader.
Q5: How do I verify the +787% profit figure?A: Check the public Myfxbook link shared by the developer. Double-check broker, time zone, and deposit history.
Additional Resources
- Investopedia article on Drawdown
- MetaTrader’s official Expert Advisor FAQ
- Our internal guide: Forex Robots: Myths vs. Facts
- VPS comparison chart: Best Trading VPS Providers
Final Thoughts
IS New Project EA demonstrates how a thoughtfully coded robot can deliver impressive gains with modest risk. The headline figure—+787% profit with a drawdown of only 6% on a real account—is eye-catching, yet the underlying approach remains grounded: small trade sizes, quick exits, and strict risk controls.
If you plan to give IS New Project EA a try, remember these core steps:
- Test on demo first.
- Start live with funds you can afford to put at risk.
- Monitor performance weekly, not hourly.
- Withdraw profits along the way.
Have you already tested this Expert Advisor? Share your experience in the comments below and help other readers make informed choices.
Happy trading, and keep your drawdown small!
Vendor Site – Private
Membership | Yearly Membership |
---|---|
Additional Services | Unlock & Decompile |
Recommended Brokers | Exness Broker, FPMarkets |
Recommended VPS | FXVM (Low Latency) |
Youtube Channel | ForexForYou |
Telegram Channel | Onshoppie Forex EA's & Indicators |
Telegram Support | Onshoppie Support |
Installation Guides | Onshoppie Forex Guides |
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