Error 54, Does error 54 on the st205 slows the car down? Options

[Rav4Race]

Hi guys/gals... I own a Rav4 model year 2000 and ive swapped in a 3sgte st205. The engine seem to be perfect but however my check engine light is on... I bridged E1-TE1 and ive detected an error code 54. Ive read in a message posted by insanity on 6gc.net, where he proposed to bridge the coolant level sensor, which i did! But the problem is still persisting, my water pump is working.
Well guys i need help, i dunno if my car's boost has lowered because of the 54 error code? Or is it that i havent changed my fuel pump which is holding my car back? But Rav4 use a 2L fuel pump, n i doubt that this is the problem. Plz advise me:(
Another question, after bridging the sensor, should i take out a fuse or something just to delete the problem from ecu memory?
thnx for all;)

[Cuts_the_Pilot]

yeh 54 is coolant level,
like you have done bridging the sensor is the cure.

54 puts the car into limp mode, and therefore you need to reset the ecu to clear it, either disconnect the battery for 30 seconds, or pull the efi fuse for 30 seconds.

i like the batt method just to be sure.

this should cure your dramas.