Elise EA Source Code MQ4 & MQ5 – Original version

Introducing the Expert Elise EA Source Code MQ4 & MQ5

Name: Elise 
Version: New Version
The Right Platform: Meta Trader 4 (MT4) & (MT5)
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What is Elise EA Source Code MQ4 & MQ5?

Elise EA – Multi-Strategy Expert Advisor Engineled by Two Decades of Trading Mastery

With over 20 years navigating the volatile tides of the Forex and commodities markets, I’ve seen hundreds of EAs come and go — but Elise EA is in a class of its own. Built for MetaTrader 4 and 5, this advanced trading system isn’t just another robot — it’s a multi-strategy powerhouse tailored for real-world conditions.

Elise EA blends three battle-tested methodologies into a single framework:

• Grid-Based Profit Expansion: Designed for compounding gains with controlled exposure.

• Precision Scalping: Executes razor-sharp entries and exits on volatile pairs.

• Gold-Optimized Logic: Fine-tuned to capture consistent moves on XAUUSD with intelligent filters.

But what truly sets Elise EA apart is its modular architecture — giving traders full control over strategy behavior, risk profiles, trade frequency, and more. Whether you’re scalping the majors or swinging gold with longer-term logic, Elise adapts.

Key Highlights:

• Cross-platform compatibility: MT4 & MT5

• Works with major FX pairs & gold (XAUUSD)

• Integrated equity protection and adaptive lot sizing

• Smart filters to avoid overtrading in uncertain markets

• Ideal for prop firm challenges, long-term growth, or daily profits

If you’re serious about automation and demand institutional-grade performance wrapped in retail trader simplicity — Elise EA is built for you.

Key Features of the Elise EA Series – Versatility, Precision & Smart Risk Management

1. Versatile Multi-Strategy Architecture

Elise EA isn’t just a single system — it’s a modular trading suite designed for multiple market conditions and platforms:

🔸 Elise EA MT5: A grid-based system ideal for sideways and cyclical markets, leveraging layered entries and moderate compounding for steady growth.

🔸 Elise EA MT4: A precision scalper, engineered for intraday volatility. Tight Stop Loss and Take Profit logic make it suitable for high-frequency trading.

🔸 Elise Gold EA MT4: Custom-built for XAUUSD, this version blends grid entry techniques with adjustable risk management — perfect for navigating gold’s notorious volatility.

2. Complete Control Over Trading Parameters

Every version of Elise EA offers deep customization to suit your trading style and risk appetite:

✔️ Set custom values for Lot Size, Pip Step, Take Profit, Slippage, and Maximum Lots
✔️ Switch between fixed TP or trailing stop for dynamic exits
✔️ Limit trade frequency using Max Trades per direction to maintain control in fast markets

3. Advanced Order Handling with Magic Numbers

With a Magic Number-based system, Elise EA ensures clean separation of Buy/Sell cycles and compatibility with other Expert Advisors. No overlapping trades, no chaos — even in multi-EA environments.

4. Smart Grid Management Without Overexposure

Elise EA’s grid engine is built for stability, not aggression:

🔹 Default multipliers start as low as 1.2x, reducing risk of runaway lot sizes
🔹 Conservative max lot caps and floating loss protection ensure safer execution — especially important for prop firm evaluations or capital preservation setups

Performance of Elise EA Source Code MQ4 & MQ5

Elise EA – USDJPY H1 Backtest Report (1971–2024)

Elise EA, engineered specifically for USDJPY, showcases exceptional long-term performance. Tested across more than five decades of historical data, this smart trading engine turned an initial deposit of just $1,000 into over $38.89 million, demonstrating powerful compounding growth and exceptional risk control—ideal for both retail traders and prop firm evaluations.

Performance Overview

• Currency Pair: USDJPY

• Timeframe: H1

• Backtest Period: 1971.01.04 – 2024.03.31

• Initial Deposit: $1,000

• Total Net Profit: $38,892,908.75

• Gross Profit: $40,835,338.17

• Profit Factor: 21.02

• Recovery Factor: 82.40

• Total Trades: 158

• Win Rate (Profit Trades): 87.87%

Elise EA – EURUSD H1 Long-Term Backtest (1971–2024)

Elise EA, powered by a grid-based engine with precision logic and risk-reduction layers, delivers explosive long-term gains with impressively low drawdown—making it a powerful solution for compounding strategies and prop firm scaling.

Performance Overview

• Currency Pair: EURUSD

• Timeframe: H1

• Testing Period: Jan 1971 – Mar 2024 (~53 years)

• Initial Deposit: $1,000

• Total Net Profit: $52,559,114.02

Elise EA Backtest Summary (EURGBP H1, 1993–2024)

Overview:
Elise EA, leveraging a grid-based strategy with disciplined risk controls, delivers exceptional long-term performance over 30+ years of historical data.

 Key Performance Metrics:

• Initial Deposit: $1,000

• Total Net Profit: $58,200,728.78

• Profit Factor: 20.55

• Gross Profit: $61,178,489.65

• Gross Loss: –$2,977,760.87

• Expected Payoff: $32,279.94

Recommended Configuration for Elise EA Source Code MQ4 & MQ5

What do you get After Downloading?

• Source Code MQ5:
  • Elise-EA.ex5
  • Elise-EA.mq5
• Source Code MQ4:
  • Elise-Gold-EA.ex4
  • Elise-Gold-EA.mq4
  • Elise-EA-Pattern.ex4
  • Elise-EA-Pattern.mq4

🤗WISH YOU SUCCESSFUL TRADING🤗