Trade Booster Premium EA- 500 pips of profit on a weekly
Trade Booster Premium EA is meticulously crafted to facilitate Forex trading within the MT4 Platform. This cutting-edge tool automates your Forex trading activities, eliminating the need for manual intervention and delivering highly profitable outcomes. In its latest version 2.1, users can anticipate achieving approximately 400 to 500 pips of profit on a weekly basis. However, it's important to note that the range of profit may vary, reaching levels of 600, 700, or even 350 to 300 pips in a week, contingent upon the market's volatility and movement.
Сharacteristics of the Trade Booster Premium Robot
- Platform: Metatrader4
- EA version: 2.1
- Currency pairs: Any, recommended major
- Trading Time: Around the clock
- Timeframe: M5-D1
- Minimum deposit: $1000 (or 1000 USD cents, best conditions here ➔ ProCent)
- Recommended broker: Roboforex, XM, FBS
How it works
The Trade Booster Premium Robot's functionality is rooted in a strategic approach, incorporating Strength analysis, Trend Confirmation, and Momentum Confirmation to optimize trading decisions and enhance performance.
The algorithm of this EA is as follows:
- Initially, this EA seeks confirmation from the Strenght Following that, it analyzes the High and Low (HL) values. Only when HL confirmation is obtained, the EA proceeds to verify the trend alignment across three time frames: 5 minutes, 15 minutes, and 1 hour. It ensures that all three time frames indicate the same direction before delving into Momentum analysis; otherwise, it continues monitoring the trend. Momentum assessment involves cross-checking various time frames (1 minute, 5 minutes, 15 minutes, 30 minutes, and 1 hour) to reach a conclusive decision. Ultimately, the EA incorporates the Advanced Currency Meter 4.0 confirmation. In summary, the EA diligently examines each confirmation, from Strength to Momentum, and abstains from placing trades if any essential confirmation is missing.
- The Advanced Currency Meter version 4.0 is an advanced tool that offers a comprehensive view of the market. It displays UP, DOWN, and 2-way Arrow indicators. For instance, if USD registers a value of 7.5 or 8.0 in the Advanced Currency Meter, but the arrow points downwards, it indicates a bearish sentiment for USD. On the other hand, if AUD has a value of 1.5 or 1.0 and exhibits an UP Arrow, it implies a shift in the trend from bearish to bullish. The 2-way Arrow symbolizes a potential trend reversal, either from bullish to bearish or vice versa.
- Once the EA successfully acquires all previous confirmations, including Strength, HL, Trend, and Momentum, in addition to the Advanced Currency Meter inputs, it proceeds to execute a Buy or Sell trade.
- The EA includes parameters for Max Profit, Max Loss, and Target Profit. The Max Profit and Loss values indicate the maximum profit and loss attained by the EA during the ongoing trade. The Target Profit remains consistent with the predefined parameter.
- Utilizing the EA is straightforward. Simply drag and drop it from the Expert Advisor list onto a chart of your choice, and enable the Auto Trading mode in your MT4 platform. From there, the EA autonomously handles the entire trading process, initiating trades only when it receives signals from all five confirmations.
The author goes into more detail in this video:
Settings
The author recommends not changing parameters unless you know what you are doing. By default, all parameters of the Expert Advisor are the most appropriate.
- Target Profit of the Session - Ensure that it is set in true mode
- Target Profit in Money($) - The Target Profit represents the desired profit amount in $. When you set a target profit value, it signifies the specific profit goal you aim to achieve in the ongoing trade. For instance, if you set a target profit of $20, and currently have 30 trades running, with 18 trades in profit and 12 trades in loss, resulting in an overall net profit of $20, all trades will automatically close.
- Negative Target of the Session - Ensure that it is set in true mode
- Negative Target in Money($) - The Negative Target in Money is denoted in $. It indicates the amount of money you are willing to risk or lose in the current running trade. For instance, if you set a negative target of $20 and currently have 4 or 5 trades active, in case the market becomes volatile, it will halt precisely at the user-defined value, leading to the automatic closure of all running trades. This feature operates in contrast to the Target Profit, focusing on limiting potential losses
- Delay Gap - Ensure that it is set in true mode
- Delay Gap After Profit in Minutes - This represents the time gap between two consecutive Target Profits in Money($) achieved by the EA. For instance, if you set the gap to 30 minutes, once the Target Profit reaches the specified value, the EA will pause its trading activity for a duration of 30 minutes. After this period, the EA will become active again and resume taking trades.
- Daily Profit - Ensure that it is set in true mode
- Daily Target in Money($) - The Daily Target in Money ensures that you achieve profits in $ on a daily basis. When the Daily Target is reached, the EA will halt all trading activities for that particular day and remain inactive until the next day, when it will resume its operations.
- Lot Size - The appropriate lot size for your trade depends on your current equity:
- If your equity is between $200 to $400, the lot size should be set to .01. The Daily Target in Money($) is $10, the Target Profit in Money($) is $3, and the Negative Target in Money($) is -$3.
- If your equity is between $400 to $600, the lot size should be set to .02. The Daily Target in Money($) is $20, the Target Profit in Money($) is $6, and the Negative Target in Money($) is -$6.
- If your equity is between $600 to $800, the lot size should be set to .03. The Daily Target in Money($) is $30, the Target Profit in Money($) is $9, and the Negative Target in Money($) is -$9.
- If your equity is between $800 to $1000, the lot size should be set to .04. The Daily Target in Money($) is $40, the Target Profit in Money($) is $12, and the Negative Target in Money($) is -$12.
- If your equity is between $1000 to $1500, the lot size should be set to .05. The Daily Target in Money($) is $50, the Target Profit in Money($) is $15, and the Negative Target in Money($) is -$15.
- If your equity is between $1500 to $2000, the lot size should be set to .06. The Daily Target in Money($) is $60, the Target Profit in Money($) is $18, and the Negative Target in Money($) is -$18.
- If your equity is between $2000 to $2500, the lot size should be set to .07. The Daily Target in Money($) is $70, the Target Profit in Money($) is $21, and the Negative Target in Money($) is -$21.
- If your equity is between $2500 to $3000, the lot size should be set to .08. The Daily Target in Money($) is $80, the Target Profit in Money($) is $24, and the Negative Target in Money($) is -$24.
- If your equity is $3000 or above, the lot size should be set to .1. The Daily Target in Money($) is $100, the Target Profit in Money($) is $30, and the Negative Target in Money($) is -$30.
- Max trades per pair - Please keep the value as 1, as it indicates the desired number of trades to be executed from a specific currency pair.
- TrailStop - Activate the trailstop feature to enable trailing stop functionality.
- Profit 1st - Set your preferred value for the first profit you wish to achieve.
- Lock Target 1st - When the market begins to reverse at the specified value, this option will lock and close the profit.
- TrailStop Value - You have the flexibility to choose the trailstop value for your ongoing trades. I recommend keeping it at 7 pips.
- Takeprofit - To secure profits, I suggest setting the take profit at 9 pips.
- Stoploss - For risk management, it's advisable to set the stop loss at 15 pips.
- User's Trading Session - Ensure this is set to true mode to activate the user's preferred trading session.
- Session Start Timing - If you have a specific time in mind for your EA to start trading, please configure it accordingly; otherwise, leave it as it is.
- Session End Timing - If you want your EA to stop trading at a particular time, such as 8 pm, 9 pm, or 10 pm, set the end timing accordingly or leave it unchanged.
- X & Y-Axis - These parameters allow you to adjust your EA's positioning on the chart.
- Background_Color - Customize the background color of your EA as per your preference.
Some useful recommendations
It is crucial to steer clear of trading during major News Time. Make it a habit to review the economic calendar every morning, specifically focusing on significant 3 Star News events (marked in red). For instance, if there is a major NEWS event related to USD scheduled at 7 pm, temporarily halt your EA from 6:45 pm to 7:30 pm. After that period, resume using your EA as usual.
And certainly in the beginning you should test the work of this EA on a demo account.
Protect yourself from potential losses due to a connection failure with your trading account by setting up an advisor on a VPS (Virtual Private Server). This way, you ensure that your trading activities continue seamlessly even if you encounter connectivity issues.
In the archive Trade_Booster_Premium_EA.rar (1.24 M):
- TRADE BOOSTER Premium EA.ex4
- Guide.pdf
Free Download Trade Booster Premium Robot