IL BOSS Daily Profit Target EA V1.0 MT4 – Rule-Based Gold Trading Automation for Profits

 

Tired of hitting good trades only to lose them in a wild reversal later in the day? Ever felt like your robot wins in the morning but gives it all back by evening? Yeah, you’re not alone. Most traders struggle with consistent daily results. That's where IL BOSS Daily Profit Target EA V1.0 for MT4 steps in.

This EA is built to lock in profits daily and walk away. That’s right—once it hits its target, it shuts down trading for the rest of the day. No more overtrading. No more emotional revenge trades. Just clean, calculated profits.

And here’s the kicker—it’s completely free to download and run. Built and verified by the YoForex team, this EA brings smart automation, tight control, and a dose of daily discipline to your gold (XAUUSD) trading.

Overview: IL BOSS Daily Profit Target EA V1.0 MT4

IL BOSS Daily Profit Target EA is a unique rule-based expert advisor designed for MetaTrader 4 and focused exclusively on gold trading (XAUUSD). It follows a fixed risk-per-trade logic and aggressively pursues intraday profits with a clearly defined exit mechanism.

The beauty of this EA is its simplicity combined with discipline—it doesn't run 24/5 like most bots. Instead, it focuses on hitting a realistic profit target each day and then exits the market to avoid giving profits back during market chop or low liquidity hours.

Created by the YoForex dev team, this EA has been tested live and in backtests across volatile and quiet market days alike. The goal? Capture fast moves in gold, then shut off. The result? Improved consistency with lower drawdowns.

Key Features

• +1–2% Daily Profit Target Logic
• Built-In Trade Cut-Off After Daily Goal is Met
• Supports XAUUSD (Gold) Only
• Works Best on M15 and M30 Timeframes
• Strict Risk Management Per Trade
• No Grid, No Martingale, No Averaging
• Smart Time Filter to Avoid News Hours
• Auto-Lot Size Calculation (Optional Manual Input)
• Designed for FIFO and Non-Hedging Brokers
• Built-in Spread Filter to Avoid Slippage Trades
• Comes Pre-Optimized—No Tweaks Required
• Works on All MT4 Brokers with Gold Feed
• Uses Stop Loss and Take Profit on Every Order
• Stops Trading After Max Loss or Max Profit Per Day

Backtest Results & Real Market Insights

Before we get into results, let’s talk realism—YoForex doesn't just backtest a bot and call it a day. This EA has been run in live market conditions for several weeks, including during major CPI news days and volatile NFP spikes.

Backtest Stats:
• Timeframe: M30
• Symbol: XAUUSD
• Period: Jan 2021 – Mar 2024
• Initial Deposit: $1000
• Max Drawdown: 6.4%
• Avg Monthly Return: ~15–18%
• Daily Target Hit: 70–75% of Days
• Win Rate: 63%

The equity curve is a smooth upward slope with occasional flatlines—these are the days the bot shuts off after hitting the daily target. That’s intentional. It’s risk-averse, not greedy.

Live Account Observations:
On real accounts, especially during London and NY session overlaps, IL BOSS executes 2–4 trades per day max. Once the set target is reached—say, $30 on a $1000 account—it stops. Even if the market keeps moving. That’s the discipline that most traders wish they had.

Image Suggestions:

  • Image 1: Backtest equity curve (alt text: "IL BOSS EA V1.0 XAUUSD backtest equity curve 2021–2024")

  • Image 2: Risk-reward comparison graph (alt text: "Risk vs. reward analysis for IL BOSS EA daily strategy")

 

 

How to Install & Configure IL BOSS EA

Here’s how to get started with this powerful free EA:

  1. Download the EA:
    Head over to MQL5.software IL BOSS Page and grab your free copy.

  2. Open MT4 Platform:
    Install MetaTrader 4 if you haven’t already. You’ll need a broker that offers Gold (XAUUSD) with low spreads.

  3. Install EA:
    Copy the downloaded .ex4 file to:
    MT4 → File → Open Data Folder → MQL4 → Experts

  4. Restart MT4:
    Or just right-click “Expert Advisors” in the Navigator and click “Refresh.”

  5. Attach to XAUUSD Chart:
    Recommended timeframe is M15 or M30. Load the EA, enable auto trading.

  6. Configure Settings (Optional):
    Default settings are optimized, but you can adjust:

    • Daily Target ($)

    • Max Daily Loss ($)

    • Lot size or risk % per trade

    • Enable/disable auto lot calculation

  7. Check Journal/Experts tab:
    Ensure it’s activated with no errors.

Image Suggestion:

  • Image 3: Screenshot of EA settings window in MT4 (alt text: "IL BOSS EA MT4 settings for XAUUSD trading")

 

 

Why Choose YoForex-Powered Tools?

YoForex is known for delivering practical, results-driven tools for traders—without charging a fortune. Every tool we release is tested by real traders, on real accounts. IL BOSS is no exception.

Our commitment?
• 100% Free Downloads
• Verified Strategies, Not Hype
• Community Support via WhatsApp and Telegram
• Regular Updates Based on User Feedback

We’re not here to sell you dreams—we build tools that work. Period.

Check out other trusted tools from YoForex at yoforex.net and dive into our resource hub at MQL5.software.

Support & Disclaimer

Need help? No stress. Our team is always available.

• WhatsApp: Chat with Support
• Telegram Group: Join the YoForex Community

We’re happy to assist with installation, optimization, or even live trading insights.

Disclaimer:
Trading involves risk. This EA does not guarantee profits and is best used on a demo account first. Past performance is not indicative of future results. Use proper money management and trade responsibly.

Final Words – Download It Now

IL BOSS Daily Profit Target EA V1.0 MT4 is for traders who want control, consistency, and calm in their gold trading. With a hardcoded daily profit goal and risk cap, it’s like having a disciplined coach in your terminal.

No overthinking. No second-guessing.

Just install, trade, and let IL BOSS run the day like… well, a boss.

Grab your free copy now on MQL5.software and experience smarter gold trading today.

YoForex – empowering traders worldwide, one free tool at a time.

Social Preview Text (Twitter/X):
Hit your daily gold profit goal, then chill. IL BOSS EA V1.0 for MT4 locks in XAUUSD gains and walks away. Free by YoForex.

Let me know if you'd like me to generate the screenshots mentioned above or customize the tone further!