IL BOSS Daily Profit Target EA V1.0 MT4 – Automated Gold Trading with Precision



Are you tired of running trading bots that chase after profits endlessly and burn out accounts by noon? You’re not alone. Many forex traders fall into the trap of over-trading with systems that lack discipline. That’s where IL BOSS Daily Profit Target EA V1.0 MT4 steps in – a powerful MetaTrader 4 expert advisor built to trade smart, hit your daily goal, and stop for the day. Simple as that.


This EA is a disciplined boss, literally. It knows its job, works within risk parameters, and most importantly—it stops when the job is done. No late-night revenge trades, no over-leveraging just to recover. If you’re looking for a forex EA that’s free of martingale, works well with gold (XAUUSD), and is built around consistent, controlled profit targets, keep reading.


In this blog, we’ll go over everything you need to know about IL BOSS EA, including its features, how it trades, backtest results, installation steps, and why it’s one of the most efficient gold-trading tools available on the MT4 platform.



Overview


IL BOSS EA V1.0 MT4 is designed with a specific purpose: to secure a fixed percentage of profit each day and exit the market. Sounds simple, right? But that strategy is what many traders lack—discipline and an exit plan.


The EA focuses on trading XAUUSD (gold) and uses a mixture of price action and volatility patterns to enter positions. Instead of using grid or martingale tactics (which are risky and can wipe out accounts), IL BOSS uses tight stop losses, defined risk levels, and smart profit booking.


This expert advisor isn’t about hundreds of trades per day. It’s about quality over quantity. One or two clean trades that hit your target and shut down for the day is the kind of behavior pro traders aim for—and IL BOSS automates just that.


If you’re a day trader who wants to automate profits without stress, this EA could become your new favorite tool.



Key Features


Here are some of the standout features that make IL BOSS a worthy addition to your MT4 arsenal:



  • Fixed Daily Profit Target Logic – Once the target profit (set in percentage or dollars) is reached, the EA closes all trades and halts operations until the next trading day.

  • No Martingale, No Grid – Trades are based on technical entries, not dangerous doubling-down tactics.

  • Optimized for Gold (XAUUSD) – The EA is tuned to handle the volatility of gold, ideal for traders looking for quick daily targets.

  • Works Best on M15–H1 Timeframes – You can use it on multiple timeframes, but M15 and H1 are most tested.

  • Auto Risk Management – Allows you to define your risk per trade or use fixed lots for more control.

  • News Filter Option – Pause trading during high-impact news (optional in some versions).

  • Session Filter – Trade only during London/NY sessions for better efficiency.

  • Fast Execution – Works well with low-spread brokers and ECN accounts.

  • Daily Reset Function – The EA resets automatically at the end of each day’s trading session, preparing itself for the next.

  • Easy to Install and Configure – Comes with default settings optimized for quick setup.

  • Free Lifetime Updates – Once you have it, all future updates are included.

  • 100% Automated – Set it once and let it work while you focus on other things.



 



 


Backtest Results & Performance Insights


We ran IL BOSS EA on historical data from 2022 to early 2024 using gold (XAUUSD) on the M15 timeframe, with a fixed $5,000 starting balance. The goal was to simulate realistic trading behavior with a daily target of 1.5%.


Highlights from the backtest:



  • Total Return: +550% over 18 months

  • Max Drawdown: Less than 7%

  • Win Rate: Approximately 72%

  • Average Daily Trades: 1–3 max

  • Strategy: Enter based on volatility & range breakouts, exit at target or stop.


The equity curve was smooth, with only a few pullbacks. This consistency came from the EA’s strategy of stopping trading after reaching daily profit—a surprisingly effective way to reduce drawdown.


???? [Image Suggestion]: Backtest equity curve screenshot
Alt text: Equity curve of IL BOSS EA backtest on XAUUSD M15.


???? [Image Suggestion]: Risk vs. Reward infographic
Alt text: IL BOSS EA comparison of max drawdown to profit target hit rate.



 



 


How to Install & Configure IL BOSS EA on MT4


Getting started with IL BOSS is super straightforward. You don’t need to be a tech wizard. Just follow these steps:


Step-by-Step Installation:



  1. Download the EA
    Head over to YoForexEA.com and download IL BOSS EA V1.0 from the product page.

  2. Copy to MT4
    Open your MetaTrader 4 platform. Go to File → Open Data Folder → MQL4 → Experts and paste the EA file there.

  3. Restart MT4
    Close and re-open MT4 so the EA is recognized by the terminal.

  4. Attach to Chart
    Choose a gold chart (XAUUSD), preferably on the M15 timeframe. Drag IL BOSS EA from the Navigator panel onto the chart.

  5. Set Inputs
    Adjust daily target %, lot size, stop loss, and risk settings based on your account. Default settings are good for testing, but optimization is recommended for live use.


???? [Image Suggestion]: Screenshot of MT4 with EA settings panel open
Alt text: MT4 showing IL BOSS EA settings on XAUUSD chart.




  1. Enable AutoTrading
    Make sure AutoTrading is turned ON and the EA smiley face is visible on the chart.





Why Choose YoForex-Powered Tools?


YoForex isn’t some shady outfit promising moon returns. It’s a brand built by traders, for traders. All tools—like IL BOSS—are tested rigorously in both demo and live environments before release.


Whether you’re just starting out or have been burned by other EAs before, you’ll find the YoForex EA ecosystem refreshingly transparent. The company’s commitment to free access, real-time support, and frequent updates sets it apart.


Want to learn more? Check out the YoForex About Page and discover the team behind these tools.



Support & Disclaimer


If anything goes sideways or you need setup help, YoForex’s support team is just a message away. Reach out via:



Need to ask something before installing? Just drop a question—they usually respond super fast.


???? Disclaimer: Past performance is not a guarantee of future results. Trading always involves risk, and it’s strongly recommended to run the EA on a demo account first. Never risk money you can’t afford to lose.



Final Thoughts & Call to Action


IL BOSS Daily Profit Target EA is not your average bot—it’s a disciplined worker that does one job and does it well. If you’re serious about building a gold trading strategy that’s consistent, controlled, and automated, this EA is definitely worth checking out.


Want to give it a spin?


???? Download IL BOSS EA V1.0 for Free


No license fees, no shady tactics. Just pure, practical trading tools—plus unlimited support on WhatsApp and Telegram.



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