Boom EA (SevenTrade)
MFOREX.PRO 7-pair grid basket · MT4
About Boom EA (SevenTrade EA)
We read this file's actual .mq4 source: despite the "Boom EA" filename, the code identifies itself as SevenTrade EA v1.00 by MFOREX.PRO (mforex.pro), a Russian/English bilingual MT4 robot. It is a multi-pair grid basket trader: it works 7 pairs at once — EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD, USDCHF — each with a 10-pip grid step, building baskets of up to 100 orders and closing the whole basket at a shared profit target (30 pips × total lots).
Honest risk note from the code: the default StopLossProcent is 0 — no stop loss. Positions average into the grid (each new order adds the last order's lot), and the on-chart panel literally tracks "Grid in Profit / Grid to Loss". This is a classic high-risk grid/averaging system: it can win steadily in ranging markets but one strong trend against the basket can threaten the whole account. Risk-based lot sizing defaults to 0.5% (manual 0.01 available), trading window 03:00-22:00 server time, Magic 888. Demo-test only.
- Platform: MetaTrader 4 (source reviewed)
- Real Identity: SevenTrade EA v1.00 by MFOREX.PRO ("Boom EA" is just the shared filename)
- Strategy: 7-pair grid/averaging basket, 10-pip steps, shared profit close
- Key Settings: Risk 0.5%, ProfitPips 30, MinPips 5, MaxOrders 100, hours 3-22, Magic 888
- Stop Loss: None by default (StopLossProcent = 0)
- Source: mforex.pro · developer site (from code header)