Boom Expert MT4 (Latest version) - Unlimited

Quick Overview

Boom Expert MT4 is a fully automated Expert Advisor (EA) for MetaTrader 4 that trades pullbacks with an entry method based on three EMA settings. Its default parameters are made for EURUSD on the H1 chart. It uses a fixed stop loss and take profit and a recovery system whose strength can be adjusted, which the product calls very complicated.

Best For:

✅ Traders who like pullback entries.

✅ Users who trade EURUSD on the H1 chart.

✅ Traders who want an EMA based entry method.

✅ Users who accept an adjustable recovery system.

What is Boom Expert MT4?

Boom Expert MT4 is a fully automated Forex Expert Advisor designed for MetaTrader 4, specializing in pullback trading strategies. It uses a three-EMA configuration to identify potential market entry opportunities, combined with real Stop Loss and Take Profit levels for trade management. The EA also features an adjustable recovery system that allows traders to customize recovery strength according to their preferred trading approach.

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 Delivery time 24h-48h after payment.

 Refund if not delivered.

 You will receive the current version without any limitations (ID+Time).

Boom Expert MT4 Review

Boom Expert MT4 Trading Strategy

Trade the Pullbacks

The EA is described as a pullback system, so it looks to enter after price steps back inside a move instead of chasing it.

Use an EMA Entry Method

Three exponential moving average periods, a fast one, a slow one and a signal one, make up the entry logic of the robot.

Set Real Exits

The take profit and the stop loss are real levels, so every trade has a defined target and a protective exit.

Run a Recovery System

After a loss, a recovery system can change the trade size, and the source calls this system very complicated to understand.

Choose the Recovery Strength

A single input switches recovery off, sets it to medium or pushes it to a very aggressive high risk level.

Key Features of Boom Expert MT4

Pullback Trading Logic

The product describes a fully automated system that trades pullbacks, which suits traders who prefer entries inside an existing price move.

Three EMA Entry Inputs

A fast, a slow and a signal moving average period can be changed, giving traders room to adjust how the entry method reacts.

Adjustable Recovery Level

The recovery input can be set from off to very aggressive, and the product warns that the highest level carries a high risk.

Real Take Profit and Stop Loss

Both exits are real levels set in points, so each position has a defined target and a defined limit on the loss it can take.

Lot and Maximum Lot Controls

A percentage lot input and a maximum lot input control the size of positions, and the maximum caps how large a trade can become.

Slippage and Order Settings

A maximum slippage input, a magic number and a trade comment help control execution and keep the orders of this EA separate.

On Chart Trade Panel

A trade panel can be shown or hidden on the chart, so traders can follow the activity of the EA at a glance during testing.

Historical Trading Results Performance

The EA was tested on EURUSD using the H1 timeframe from January 21, 2019, to March 9, 2021, covering approximately 2 years and 2 months of historical trading data.

Boom Expert MT4 Backtest Results

Risk Management

Recovery Can Deepen Losses

After a loss the size may change, so a long move against the EA can create a large drawdown quickly.

Exits Are Not Equal

The stop-loss in the supplied settings is wider than the take-profit, so one loss can erase several small wins.

Settings Can Mislead

The percentage lot may not equal the risk per trade, so the real exposure must be checked before live use.

Execution Quality Matters

Slippage and wide spreads hurt a pullback system with recovery, which is why the product asks for a very fast setup.

What Sets It Apart

Adjustable Recovery Strength

One input moves the recovery system from off to very aggressive, which gives traders control over the risk.

Three EMA Settings

The entry method uses a fast, a slow and a signal period, which is more detailed than a single average cross.

Open About the Risk

The product states that the highest recovery setting is high risk, which is a fair and helpful warning.

Clear Defaults

The default parameters are tied to EURUSD on H1, so new users know exactly where to begin their first test.

Who Should Use Boom Expert MT4?

EURUSD H1 Traders

People who want automation for one major pair on an hourly chart and like pullback style entries.

Careful Recovery Testers

Traders who will compare the recovery system at different strengths before trusting any single setting.

Low Latency Users

Traders who can use a good broker and a fast hosted server, which the product treats as a requirement.

Not for Traders Who

Want a risk free system, plan to use the highest recovery level or expect a robot to guarantee a steady profit.

Recommended Trading Conditions

Recommended settings and parameters to pay attention to from developers and experts:

Product Download Package?

The download package of the product suite includes:

Experts: Boom Expert.ex4

 Reviewed by David Easton

 Installation Guide: Click Here

Final Verdict

Boom Expert MT4 is a pullback robot with a three EMA entry method, real stop loss and take profit levels and a recovery system whose strength can be set from off to very aggressive. The default settings are for EURUSD on H1, the product asks for a very fast setup, and the recovery logic is not explained. No results are published, so a low recovery level, a careful demo trial and a cautious position size on a low cost account are the sensible start before any real money is placed at risk.