IL BOSS DAILY PROFIT TARGET EA V1.0 MT4 – Your Secret to Consistent Profits

Ever felt like you're just one trade away from success but somehow end up stuck in the same cycle of gains and losses? Tired of those Expert Advisors that promise the moon but leave your account in the red? You're not alone. Many traders struggle to stay consistent… but what if there was an EA that knew when to stop?

Say hello to IL BOSS DAILY PROFIT TARGET EA V1.0 for MT4 — an Expert Advisor designed with one mission in mind: lock in daily profits and walk away. Built for disciplined traders who value smart exits over greedy entries, this EA doesn’t just chase wins — it targets them and moves on. If you're serious about consistent daily profits with controlled exposure, IL BOSS might just be your new trading partner.

Let’s dive deep into what makes this EA special — from its core functionality to real backtest data, setup walkthrough, and everything in between.

Overview

The IL BOSS DAILY PROFIT TARGET EA V1.0 is engineered to follow a clear-cut strategy: it trades until a predefined daily profit target is hit and then exits for the day. This limits risk, avoids emotional overtrading, and enhances profitability over time. Whether you're a beginner or seasoned trader, this EA is a breath of fresh air in a world of overcomplicated bots.

It works exclusively on MetaTrader 4 (MT4) and can be used across various pairs, although it's most optimized for XAUUSD and major Forex pairs like EURUSD or GBPUSD. The strategy is not based on Martingale, Grid, or high-risk pyramiding techniques — instead, it focuses on precision entries, tight risk management, and a smart daily exit plan.

This approach is particularly effective for prop firm challenges, funded accounts, or traders seeking steady, low-drawdown growth.

Key Features

• Daily Target Logic – Stops trading automatically after hitting your preset profit percentage (e.g., 2% per day)

• No Martingale or Grid – Safe trading strategy that avoids account blowouts

• Works on All Pairs – Best results on XAUUSD and EURUSD

• Time Filter Settings – Trade only during optimal market hours

• Risk Management – Adjustable lot size, stop loss, and daily drawdown limits

• News Filter Support – Avoid high-impact events if needed (optional)

• MT4 Compatibility – Lightweight and fully optimized for MetaTrader 4 platforms

• Smart Trade Recovery – Can use hedging or SL trailing based on volatility

• Manual Override – Take control at any time without disrupting core logic

• Beginner Friendly Setup – Just load the EA on your chart and let it do its thing

• No VPS Required – Although recommended, it can run on any stable PC

Backtest Results & Performance Review

We get it — anyone can talk profits, but the numbers don’t lie. IL BOSS DAILY PROFIT TARGET EA has undergone rigorous backtesting from 2021 to 2024 on XAUUSD (Gold) M15 and H1 timeframes. The results? Impressive.

Backtest Period: Jan 2021 – Dec 2023

Initial Balance: $1,000

Daily Target: 1.5%

Drawdown: Less than 8%

Profit Factor: 2.38

Win Rate: 77%

Monthly Return Average: 20–35%

The strategy capitalizes on small but high-quality trades. Once the daily goal is reached, it halts for the day — avoiding overtrading and market whipsaws.

Live Testing: Users in the YoForex community have also reported consistent live results. Real-time usage shows a typical daily return of 1–2% with proper lot sizing and conservative targets.

Image #1 Alt Text: Equity curve of IL BOSS EA backtest on XAUUSD from 2021 to 2023
Image #2 Alt Text: Risk vs reward performance chart of IL BOSS EA showing low drawdown and steady gain

How to Install & Configure IL BOSS EA on MT4

Installing IL BOSS DAILY PROFIT TARGET EA is as easy as brewing your morning coffee. Here’s a quick guide:

Download the EA from FxCracked.org – Direct Download Page

Open MetaTrader 4 → Go to File > Open Data Folder

Navigate to MQL4 > Experts and paste the .ex4 file

Restart your MT4 or refresh the Navigator pane

Drag IL BOSS EA onto the desired chart (preferably XAUUSD M15)

Set parameters:
- Daily Profit Target (%)
- Max Drawdown
- Lot Size Mode (Fixed or Auto)
- Time Filter
- News Filter (if required)

Click AutoTrading, and you’re all set!

Image #3 Alt Text: Screenshot of IL BOSS EA settings panel in MT4, showing key configuration options

Why Choose YoForex-Powered Tools?

At YoForex, we don’t just build tools — we build trust.

IL BOSS EA is a part of our growing collection of free, high-performance Expert Advisors developed to empower retail traders globally. We believe top-tier tools shouldn’t cost a fortune. That's why everything you find at YoForex is tested, validated, and made available with no license fees.

Backtested and verified

Regular updates and bug fixes

Completely free, no subscription

Transparent trading logic

Want to try more? Check out our Beginner’s Guide to Forex EAs and explore other powerful bots like WayGrow Crypto EA and Gold Rush EA.

Support, Updates & Responsible Trading

We’re here to help — always.

Need setup help?
Ping us on WhatsApp: https://wa.me/+443300272265

Join our Telegram group for real-time help and strategy sharing:
https://t.me/yoforexrobot

A quick word of caution though — past performance isn’t a guarantee of future success. Trading carries risk. Always test on a demo account before going live. Adjust settings to your personal risk profile and never overleverage. IL BOSS works best with discipline — don’t expect magic if you break the rules.