Benefit EA is a fully automated EA usually being sold for 700$. This EA Work based on a non-indicative flexible grid algorithm with special entry points that provide a statistical advantage revealed through the mathematical modeling of market patterns.
There are multiple settings for professionals and a flexible system of settings for different trading styles. Benefit 4.1 EA does not use a stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments.
There are buttons for semi-automatic trading. It is possible to block the operation of one or both trade directions using the buttons. Text notifications on the trade blocking status are available.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how this Benefit V5.1 Robot works, then only use it in a real account.
Recommendations for Benefit EA
- A minimum balance of 250$ cent account or an equivalent standard account is needed for Benefit EA.
- Work best on GBPUSD (also good on GBPUSD, USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, AUDUSD)
- Work Best on M15 Timeframe (also good on M1, M5, H1)
- Recommend running this free forex Benefit v5.1 EA 24/5 on a VPS with a latency below 100ms (Reliable and Trusted FOREX VPS – NewYorkCityServers.com)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
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Input Parameters
Base settings
- New_Cycle – enable/disable opening order series in cycles
- MAGIC – magic number, should be changed if the EA is used on multiple currency pairs on the same account
- Slippage – Forex price slippage, the default value is 3. Do not change the value unless you know what you are doing
- Max_Trades – the maximum number of orders opened in a series (Max 17)
- Max_Lot – the maximum lot size
TP settings
- TP Buy – Take profit level in points for closing Buy positions
- TP Sell – Take profit level in points for closing Sell positions
- Trailing_Start – level in points to activate Trailing
- Trailing_Size – the number of points for trailing the Trailing_Start level or for closing
Risk Reduction System
- RRS – enable/disable the Risk Reduction System
- RRS_oOrder – number of an order in a series to activate the Risk Reduction System
- RRS_cOrder – number of an order in a series to deactivate the Risk Reduction System
- RRS_TP – Take profit in points for closing orders corresponding to the Risk Reduction System
- RRS_Trailing_Start – level in points to activate Trailing for orders of the Risk Reduction System
- RRS_Trailing_Size – the number of points for trailing the RRS_Trailing_Start level of the Risk Reduction System
- RRS_Profit_Percent – tool for exiting a prolonged drawdown (70-90% recommended)
Buy and Sell settings
- Step_Buy(Sell) – step for opening a new order in a series in points
- Step_Coef_Buy(Sell) – increase coefficient of the step for opening subsequent orders
- Step_Coef_Start_Order_Buy(Sell) – number of the order to activate Step_Coef_Buy(Sell)
- Step_Mass_Buy(Sell) – the default step for opening orders (in points), if Step_Coef_Buy(Sell) is equal to 0
- Min_Lot_Buy(Sell) – the minimum lot size of the first order
- Lot_Exp_Buy(Sell) – lot increase coefficient of Min_Lot_Sell for the subsequent orders
Time filter settings
- Time_Filters – enable/disable working within the specified time intervals
The “Time Filter” function is set according to the internal time of the terminal as per the displayed time of the instrument’s server, not the operating system (can match). This function allows for 100% automation of the trading process, without manual intervention and management (if every technical aspect is working properly and as intended). The “time filter” status is displayed as a text in the upper left corner of the trading window.
Admin, is it possible for you to release theorem EA’s mql4? please contact me, I will buy it if you have it. Also thank you for this EA
Dear Admin .
Please let we us 250$ = 25 000 cent for 5 current pairs
Many thanks
Olá, parabens pelo seu site ótimo conteudo, consegue este robô pra gente por favor BigExpert
Hi May I know what it mean Minimum balance of 250$ cent account
250 000 cent or 25 000 cent???
$250.00 usd
Okie Thanks you
I’ve ran this on back test and it’s actually really goood
yeah going to test on real acc tonight
And results?????
HI, any one pls inform how to add this to MT4
the preset file included is for EURUSD, but which time frame is best for this preset?
commented on description above “Work Best on M15 Timeframe (also good on M1, M5, H1)”
There is no download link.
Click on the youtube button to subscribe. Then the download link is coming.
Yes, here is missing download link for this EA
Thanks Admin, really appreciate your work. This is a very good EA, highly recommend it.
Where is the download link?
He remove the download link because it’s working well..this what they do
NO. It is still there. Just now I downloaded
I tested it here and found that 10k is the minimum balance for safe operation of this EA with the default settings. Less than that makes it more risky.
500$ is good for 1 pair. Have been using it for a while with good profit. All EAs shouldn’t be allowed to trade during high impact news.
you cant turn this off cause you are always in a position like many grid and martin gail eas
this ea is spacial because its emi aoutomatic which means if i i see buy trend i turn off the sells
But there are times the market move above 500 pips without any major red? How do you control the bot to that effect?
What was your lotsize? Nobody was talking about risk management!!!
Is the benefit a martingale robot?
relly
is it working well
Hey, does this EA still work well during NFP??
be careful BT shows that in 1 year test for the low balance account such like 250 $ as explained has been crashed. Dont know if higher accounts can be survived for longer timeframes
can anyone who has downloaded it share a copy please?
Instructions are there, like the account on facebook, download link will appear, i just did.
what is version ?
4.13 or 4.14 ?
Thank you admin, I need this EA fxscalperx.com may you may help me to get it, thank you in advance
I back tested EURUSD , 15 Minute and 5 minute. Date 2020.08.05-2021.02.24 (6 Months) Balance 1000 USD to tester and EU presets which I download here. Account Crashed. Very Big Dropdown.
if you balance 10.000 USD with same setting account not crash. Profit 2500USD (six Months) But Very big Dropdowns as 3800 USD (%38), your psychology can down when you see it.
Only Wasting time for 2500 USD profit in 6 months and big risk. Beaware of this
Briefly this not good for little account owners. Be carefull. Test Good.
FGFG
admin, Try crack these Thank you.
expired
No Download Link
Link PLEASE!
Benefit EA will blow up your account when the first strong trend appears, stay away from it.
Very outstanding
Hello Guys, thanks for sharing “benefit ea”. I want to attach an EA that toggles “autotrading”. The intention is to stop Benefit from trading during high impact news. I don’t know how this will affect Benefit and open orders. In case there are open orders and autotrading is toggled off for a while, would Benefit still recognize the open orders and treat them accordingly when autotrading is finally toggled on? I appreciate your kind response
can you give mne right set up as”Imput valuse” for benefit 4.1?
It this ea unlimited?
Can you creak it on version 5.0? It was already released.
So do I. Please share download link, thanks!
where is the download link admin??
I’m using it on the real account and it looks great!!
I have used this EA for multiple currencies and it looks so good, then I close all. After that I used the EA again but why the EA could not open order?
Get the error while opening order in EA
i need “IMPUT VALUES” for benefit 4.1
Anyone know this Feature and how to set properly on
– RRS_oOrder (default is 3) is it better to set as 6
– RRS_COrder (default is 6) is it better to set as 3
I am not sure how it work, if anyone can explain it will be grateful for all of us, thanks in advance
(refer to)
—Risk Reduction System
—RRS – enable/disable the Risk Reduction System
—RRS_oOrder – number of an order in a series to activate the Risk —-Reduction System
—RRS_cOrder – number of an order in a series to deactivate the ——-Risk Reduction System
I have been trying to understand those RRS parameters, please is it working for you?
hi dear friend
i found some parameters of rrs and good work for me.
if you want i can share it with you
saludos.. me gustaria que me los compartiera… mi email es.. [email protected]
gracias
ADMIN, Remain blessed for the good work. pls where is the download link for this ea?
thanks you much!
dear admin
i work in real acount with benefit ea 4.1 for 7 month and find some true parameters .
I can’t download this EA can someone send me it on my email address on [email protected] plzz
I use this bot on a real account, it gives good results….
ea benefit 4.1 expires, can’t be used on real accounts, can only be used on demo and backtest accounts
Expired ea please creacked
Please can I have the source code of the benefit EA?
I have the full license of this EA… write my email if interested.
Hi,Admin .
Please make BenefitEA for MT 5 .
The admin of this expert in the rrs settings section, when the price reaches the limit of the trail, the link hangs and stops working, please put a newer version with open settings on the site, thank you for your efforts.
Thanks, Adm, for updating this Bot for MT4 build 1420!
Hi Admin,
Does this new update work on mt4 build 1420 recently?
jetzt lief er 2 tage hervorragend und heute kam das update auf die build version 1420 und schwupp aus isses. bitte Admin versuche den wieder zum laufen zu bringen das ist ein guter EA.
cant see the download or where to download it from? can you please post a link?
Can i get this EA as unlimited version. please send me an email
[email protected]
How long is this bot going to last?
Please update to 5.1
Ragazzi ma questo EA funziona ancora??
thanks admin, please update Swing Gold Forex EA for us to work with 1420