Last Updated On
Tue Feb 02nd, 2016
License
1 License or 3 Licenses according to the version purchased.
Compatible Brokers
  1. Leverage 1:1000, 1:500
  2. Min lot = 0.01
  3. 5 decimal points
  4. Max lot for one order >= 100
  5. Max count of trades per one pair >= 30
Recommended Broker / VPS
Tickmill ECN-Pro Account With FXVM Forex VPS are the Recommended Broker Account / VPS Combination.
Account Balance
A recommended minimum of $100 for a cent account or $10 000 for a standard account.

Trading Strategy

Virtual Take Profit System

  • It's a horizontal TP line used by the EA to close orders.
  • This line is recalculated every time the EA starts an order series either automatically or manually.
  • When the price comes close to the TP line with a preset distance defined as Tral_Start, the line color is changed to the Tral_Color and the EA is triggered to trail profits of all the series.
  • Tral_Size is another preset value which limits the TP line following the price when it moves in the right direction, but when it doesn't and reverses, the series will be closed at the TP level.

Benefit EA can trade on more than just Currency Pairs, it can trade CFD ang Metals too.

It includes a multiple strategy trading system in different market conditions, so it can trade in a trend and flat markets, on pullbacks during market correction and as a scalper!

It also has a powerful protection system against balance loss that minimizes the risks!

It quietly tolerate temporary disconnection.

Live Performance Results

BEN_491 System by BenefitEA | Myfxbook

Started
Apr 01, 2016
Leverage
1:1000
Broker
Forex4you
Account Type
Real
Starting Balance
$4500
BEN_491 System by BenefitEA | Myfxbook

BenefitEA_Demo System by BenefitEA | Myfxbook

Started
Nov 26, 2015
Leverage
1:1000
Broker
Forex4you
Account Type
Demo
Starting Balance
$5000
BenefitEA_Demo System by BenefitEA | Myfxbook

GBP/JPY DEMO System by BenefitEA | Myfxbook

Settings
GBPJPY Settings
Started
Jun 21, 2016
Leverage
1:500
Broker
Forex4you
Account Type
Demo
Starting Balance
$5,000
GBP/JPY DEMO  System by BenefitEA | Myfxbook

Backtests

Strategy Tester Report USDJPY Forex4you

Strategy Tester Report USDJPY Forex4you

Promotional Video (by the Developer)

Benefit EA Info Summary

Pairs: EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD and GBPUSD
Timeframe: M1, M5 and M15

Buy Benefit EA 1 License
Buy Benefit EA 2 Licenses
Buy Benefit EA 3 Licences
Rating: 4.75/5 (94 vote(s) cast)

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Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.