The BenderFX EA V2 for Metatrader 4 is a fully automated Forex robot built around the popular Fibonacci retracement levels.
It’s a successful expert advisor that made +582.59% gain on the account.
All Fibonacci levels are visible on the Metatrader chart (swing high, breakout area, critical area, swing low).
The BenderFX EA V2 robot offers several customization options and settings (fixed lots, use take profit, use stop loss, pip step, etc.).
The EA does not use any dangerous trading techniques and all open trades are protected by a stop loss and take profit order.
Test it on a demo account first for 2-4 weeks before running it on a live trading account (recommended).
The detailed MyFXbook report below shows the BenderFX EA V2 trading results (click on the chart to zoom in).
- Gain: +582.59%
- Monthly gain: 1.51%
- Drawdown: 37.70%
- Profit: $582,594.34
Download This Expert Advisor (MT4)
General Information & Recommendations
- Works on any time frame and currency pair
- Recommended minimum account balance: $250
- Works on unlimited demo accounts.
- Works on unlimited live accounts.
- Developed for Metatrader 4
The picture below shows the BenderFX EA V2 attached to the EUR/USD 1-hour time frame.
EA Input Parameters
Fixed lots, use take profit, use stop loss, pip step, daily profit, daily loss, Fibonacci buy, Fibonacci sell, magic number, period for Fibonacci
How to access the inputs tab? Right click on the chart > properties > inputs tab (adjust EA settings here)
How do I install the BenderFX EA V2 in Metatrader 4?
- Open the Metatrader 4 platform and select “File” from the top menu
- Click on “Open Data Folder” and select the “MQL4” folder
- Click on “Experts” folder and drag and drop the BenderFX_v2.ex4 file into this folder
- Restart the Metatrader 4 platform and attach the expert advisor to the chart