Benefit EA V5.1 MT4 1420+

Description

Benefit EA is an Expert Advisor that operates as a versatile grid system with distinctive entry points, providing a statistical edge in trading. It runs on the MetaTrader 4 platform and does not employ stop losses; instead, it relies on take profit or trailing stop to close trades.

The EA offers the flexibility to adjust lot sizes and features a wide range of customizable settings for various trading styles, including “short selling,” “scalping,” and “flat trading,” making it suitable for professional traders.

 

Key Takeaways

Automated Trading: The “Time Filter” feature synchronizes with the terminal’s internal clock, allowing for complete automation without the need for manual adjustments.

Multiple Trading Styles: Compatible with various strategies, such as “short selling,” “scalping,” and “flat trading.”

Semiautomatic Trading: Includes buttons to block one or both trading directions, with text alerts to show the current status of trade blocking.

Versatile Compatibility: Suitable for any financial instrument and timeframe, and can manage connection interruptions smoothly.

Default Settings: Optimized for GBPUSD on a 15-minute chart with a recommended base deposit of 5000-10000, leverage ranging from 1:20 to 1:1000, and compatible pairs including GBPUSD, USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, and AUDUSD.

 

Benefit EA Setting / Features

Sophisticated algorithmic trading strategies

Adaptive risk management and money allocation

Multi-timeframe analysis for accurate entry and exit decisions

Integrated news filter to bypass high-impact market events

Intuitive interface with customizable options

 

Benefit EA Results

Platform: Compatible with MetaTrader 4.

Recommended Currency Pairs: GBPUSD, USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, AUDUSD.

Timeframes: M1, M5, M15, H1.

Leverage Range: 1:20 to 1:1000.

Minimum Deposit: $5,000.

Features: Includes a Time Filter for optimized trading.

Suitable for Various Trading Styles: Supports “short selling,” “scalping,” “flat trading,” and more.

Recommendation: Use a VPS for optimal performance

 

 

 

 

 

 

 

 

 

 

 

 

How to install Benefit EA in MetaTrader 4?

1. Launch the MetaTrader 4 platform.
2. Click on “File” in the top menu.
3. Select “Open Data Folder” from the dropdown menu.
4. Navigate to the “MQL4” folder.
5. Open the “Experts” folder within the MQL4 directory.
6. Copy the Benefit v5.1.ex4 file into the “Experts” folder.
7. Close and restart the MetaTrader 4 platform.
8. Attach the Expert Advisor to your desired chart.

You are now set to use the Benefit v5.1 MT4 without the need for a DLL!

 

Benefit EA Download

File: Benefit EA v5.1.ex4

License: Unlimited usage without DLL

Updates: Free updates

Tap the “Add to Cart” option to get the Bandwagon EA. Make sure to enter your email correctly. If you make a mistake, contact us immediately.

 

Benefit EA user Reviews

Check these for user reviews of the Benefit EA :

1. Forex Peace Army
2. Myfxbook
3. MQL5 Community
4. Trustpilot
5. Reddit (r/Forex)

These platforms offer insights from real traders. Here are some user reviews of the ea robot.

 

Benefit EA Alternatives

These alternatives provide various trading approaches, depending on your needs.

Way To Stars EA V1.25 MT4

Bandwagon V2.4 MT4 1420+