The Profit Taker

MT4 Expert Advisor

User Guide

TheProfitTaker.com

THE ONLY SUPPORT EMAIL TO USE IS

[e-mail]

Any other emails may not reach us.

TheProfitTaker.com

Disclaimer:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Past
performance is not indicative of future results. The high degree of leverage can work against you as well as for you.
Before getting involved in foreign exchange you should carefully consider your personal venture objectives, level of
experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit
and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks
associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any
doubts.

The information contained in this web page does not constitute financial advice or a solicitation to buy or sell any
Forex contract or securities of any type. ForexStrategiesWork.com or TheProfitTaker.com will not accept liability for any
loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or
reliance on such information.

Past results as represented in these testimonials are not necessarily indicative of future results or success.
Testimonials may not be representative of all reasonably comparable clients. Forex trading involves significant risk of
loss and may not be suitable for all investors.

ForexStrategiesWork.com or TheProfitTaker.com makes no claim or representation regarding, and accepts no

responsibility for, the quality, content, nature or reliability of third-party websites. ForexStrategiesWork.com or
TheProfitTaker.com do not endorse nor do we promote the activity of MyFxbook Ltd. Any statements regarding
income, whether expressed or implied, do NOT represent a guarantee. No representation is being made that any
account will or is likely to achieve profits or losses similar to those shown. ForexStrategiesWork.com or
TheProfitTaker.com will not accept liability for any loss or damage, including without limitation to any loss of profit,
which may arise directly or indirectly from use of or reliance on

such information.

TheProfitTaker.com

Disclaimer:

Your Capital is at Risk. Nothing is ever guaranteed.

Please use ONLY risk capital. You have a high

chance of success.

TheProfitTaker.com

Forex Broker (Our

Partners)



Without a good broker, nothing is going to work.

Even if you make money, you cannot withdraw. So

what’s the point if you start wrongly with the wrong

partner. We want to make sure you are on the right

path from the get go.



Although you can use any broker that you like, we

want to suggest the BEST Broker that you can use.



In fact we use these Brokers and have tested The

Profit Taker extensively on these Brokers.

TheProfitTaker.com

Forex Broker (Our

Partners)

Below are the brokers we use.

We will cover more in detail soon…

XM Broker

RoboForex

Tickmill

If you are from USA, we got you covered too with

FXChoice

TheProfitTaker.com

User Guide



Congratulations for making the decision to become
a Profit Taker User. In the months ahead, you will
be glad that you made this decision.



This is an easy to use MT4 Expert Advisor which
will give you a high probability of success!



You can use The Profit Taker as a FULLY automated
trading solution or use it as a SEMI AUTO trading
solution for better control.

TheProfitTaker.com

Success Rules to Follow



Follow the rules to further enhance your chances of

success



Please use only 0.01 lot for every $1000 in your

portfolio. If you have $2000, then please start with

only 0.02 lot. The lower the better….



The Profit Taker has been optimized for best

performance. You only need to adjust and take

control of the lot size. Please do not increase the

lot size more than recommended.

TheProfitTaker.com

Success Rules to Follow



Please do NOT use other EAs or trading in the
same account as the Profit Taker.



Although it is possible to trade more than 1 Forex
Pair in one Portfolio, it’s our BEST recommendation
to use ONLY 1 Forex Pair in one Portfolio.



Each MT4 account number will require additional
license

TheProfitTaker.com

Success Rules to Follow



Please ALLOW The Profit Taker TIME to grow your
portfolio.



The Mindset of making “

a million dollars

tomorrow

” will not serve you well.



The Profit Taker will make trades only at certain
time of the day and stay out of the market most of
the time.

TheProfitTaker.com

Success Rules to Follow



Recommended Forex Pair:
AUDCHF, EURUSD, AUDJPY, USDJPY, AUDNZD,
EURCHF, AUDUSD, EURGBP, CADJPY, and USDCAD.



We have tested the above Forex Pairs. Other pairs
should technically work but we have not gone into
live trading with other pairs.

TheProfitTaker.com

Recommended Portfolio



Please only use the below portfolio if you have at
least $1000 in your account. Anything less than
$1000 should stick to only 1 Forex Pair.



For account with above $1000, the suggested
combination is
EURGBP, AUDNZD, USDCAD, and USDJPY.

TheProfitTaker.com

The Profit Taker

Works on Multiple Forex Pairs

(Secret Ingredient: Time and Patience)

TheProfitTaker.com

USDJPY: 28.28% since Mar 2018 with 6.63% drawdown!

TheProfitTaker.com

Multi-pairs: 87.18% since Feb18 with DD of 15.13%!

Low Drawdown and Consistent Returns

TheProfitTaker.com

4 Pairs: 69.79% since July18 with DD at 20.07%

TheProfitTaker.com

USDCAD: 60.37% since Mar18 with 19.66% Drawdown!

TheProfitTaker.com

The Profit Taker

Works on Multiple Forex Pairs.

Give it time to grow your portfolio!

TheProfitTaker.com

How The Profit Taker Works?



The Profit Taker will only open new trades between

5pm to 6pm EST.



It does open new trades on Friday. Friday is rest

day.



The Profit Taker puts the law of averages heavily to

your advantage.



When the TP is reached, The Profit Taker stops

trading and will wait for the next trading day.

TheProfitTaker.com

The Best Way to Use…



The Profit Taker will provide a large margin of error
to you as the trader.



It will places trades in a progressive manner. It
starts with the smallest unit and slowly scale up to
a set maximum trade limit.



Average holding period is less than 1 day with
average returns of 5% to 8% per month.

TheProfitTaker.com

Stop Loss



You can exit all trades manually at anytime whenever

you are uncomfortable.



The setting for The Profit Taker is set to close ALL open

trades when 8 trades are open. This is the hard stop

loss. When you have 8 trades opened, The Profit Taker

will close all positions.



The Stop Loss is determined by the total number of

trades. When it reaches 8 trades per pair, the Stop Loss

is triggered and all positions for that particular pair will

be closed.

TheProfitTaker.com

Sizing Rule



Maximum of 0.01 micro lot for every $1000 in your
portfolio.



Please trade only ONE Forex Pair per portfolio.



Warning: stick to this limit. The lower the better.
You need to control your emotions here. Allow
time to do the work for you.

TheProfitTaker.com