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> Introduction & Installation

Download the Universal Boss trading package (ZIP archive) from the “download trial” button on our homepage (www.forex-expert-advisor-free.com) Unzip the files and place all advisors (files *ex4 like universal_boss.ex4) into the /experts folder of your Metatrader4 directory. It is usually found at C:\ProgramFiles\ForexTrader4\Experts or C:\ProgramFiles\ForexTrader.Meta\Experts. The path can differ depending on your broker choice. STEP 2: OPEN YOUR METATRADER SOFTWARE Run the Metatrader4 platform and open your Demo or Real account.

The Universal BOSS Expert Advisor is a unique trading robot (expert) that monitors the market situation 24 hours a day and makes trades for you! Just keep your Metratrader4 on all the time, even if you are away or asleep! Robots will do all the work for you to bring you good profits.

The system does not use a fixed stop loss parameter to prevent losing trades. The expert advisor is constantly calculating and adjusting the most beneficial time to enter and exit the market, based on the indicator signals. The Universal Boss expert advisor monitors each open trade carefully and closes it if it reaches the targeted profit levels. Our system implements a trailing stop method, which “locks in a set level of profit” (once minimum target level is reached), and accumulates additional profit as the chart moves farther in our favor. As seen below, our expert advisor opened a trade at 125.25. Our advisor calculated the chart would continue to rise and set a take profit level of 127.00. The chart actually rose to 129.65. Thus increasing our win from 175 pips won to 410. Once the chart started rolling back our advisor took the profit and closed the trade automatically.

www.forex-expert-advisor-free.com - forex take profit chart

 

 

 

 

 

 

 

 

The New Universal Boss Expert Advisor come with a money management feature. Allowing you to incrementally increase your lot size as your balance increases. The full version of the expert advisor will allow the user to change many of the basic settings from the default, thus allowing greater flexibility and fine tuning to suit the needs of the individual.

 

 

 

 

 

 

 

 

 

 

Disclaimer: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex market. Don't trade with money you can't afford to lose. This web site is neither a solicitation nor an offer to trade Forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this site. The past performance of any trading system or methodology is not necessarily indicative of future results. Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and your position will be liquidated and you will be responsible for any resulting losses. Investors are recommended to lower exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders. Forex-Expert-Advisor-Free.com will not be held responsible for the reliability or accuracy of the information available on this site. The content provided is put forward in good faith and believed to be accurate, however, there are no explicit or implicit warranties of accuracy or timeliness made by Forex-Expert-Advisor-Free.com. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

 

 

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