Benefit EA
What is the Benefit EA?
Benefit EA is a very dangerous and at the same time very profitable Expert Advisor. This robot is good for fast overclocking of the deposit. But, since Benefit EA uses the martingale method (averaging in lossy trades), it is necessary to apply some rules for such EAs. About this below in the post.
Forex trading is high risk and has high returns. You must take the right decisions at right time. You cannot take them only through indicators or trading systems. You must have your own knowledge and experience about trading, market behavior, and the world economy. We have given you an A – Z Free forex Lesson series via ProFX Learning Center. Practice all these things on Demo Account before trading on Live Account.
Benefit EA consists following indicators, Experts, and templates. You can check them and information to understand the system and signals. We have mentioned here the main indicators, experts, and templates only.
Indicators
No, any templates included
Expert Advisors
1 BenefitEA_v3.1.ex4
Templates
No, any templates included
Libraries
No, any Libraries included
Presets
No, any Presets included
Benefit EA FAQs
01. Which trading platforms are suitable for Benefit EA?
You can run the indicator on MT4 (Meta Trader 4 platform) only. You cannot run it on MT5 or other platforms. More about MT4 and MT5
02. Which time Frames are suitable for the Benefit EA?
You can take any time frame. More about trading time frames.
03. Which currency pairs can the Benefit EA trade?
You can use only 4 currency pairs as ERU/AUD, EUR/USD, USD/JPY / XAU/USD. More about currency pairs
04. The indicator system provides signal alerts?
It automatically takes trades.
05. What are the pre-Requirements for Trading?
- You must have a Verified trusted broker Account. Our recommended brokers
- Verified Skrill or Neteler accounts for deposits and withdrawals. Visit ProFX Premium Store to create and verify Skrill and Neteler accounts for a cheaper cost.
06. What do we need to know about trading first and how to know them?
- You should have good knowledge about the forex market and the market movements.
- You should have good knowledge of fundamentals of currency trading
- Knowledge and experience about Indicators, systems, strategies, and technical and fundamental
- Understand the trading psychology
You can A-Z learn all these things from ProFX Learning Center for free.
07. How to affect news and trading sessions at the Benefit EA?
- You can learn more about trading sessions and News trading through ProFX Learning Center.
- You can use www.investing.com to check important news related to the forex market.
How to install and use the Benefit EA
1. Download and install MT4 Platform
Visit MT4 configuration Guide to download and install the Meta Trader 4 Platform on your computer or mobile phone. Visit our Recommended Brokers list.
2. Download and install the Benefit EA
Visit Indicator Installation Guide to download and install the Benefit EA on your MT4 Platform.
Once you install the indicators on your MT4, you need to configure input settings. visit the below link to check the guide about changing indicator settings. Guide Link
3. Required Settings and Configuration
Once you install the System on your MT4, you need to configure input settings as follows
5. Trade with Benefit EA
When to Buy
- The EA will place SL ad TP automatically
- How to improve buy signal accuracy through ProFX Learning Center.
When to Sell
- The EA will place SL ad TP automatically
- How to improve Sell signal accuracy through ProFX Learning Center
ProFX Learning Center
ProFX Learning center is a different concept started by the profxindicators team. Our primary goal is to carry you towards successful trading. We have provided A – Z lesson series about trading under three stages such as Basic, Intermediate, and Advance. You can learn following through ProFX Learning center.
- Fundamentals of trading
- Trading Platforms
- Indicators, Systems and Expert advisors / Develop own systems and strategies
- Advanced trading techniques
- Step by step practical sessions and test your improvement
Your knowledge improvement on trading will make fewer losses and high returns.
ProFX Freemium Store
You can get followings through ProFX Freemium Store
- High Profitable Indicators, Expert Advisors, and Systems with Verified Results
- Open and Verify Forex and Binary Option Trading accounts (Any Broker)
- Open and Verify Skrill, Neteler, and Payoneer Accounts
- Recover restricted Skrill and Neteler accounts
- Develop Indicators and Experts According to your Strategy
