The EABenefit 4.1 Forex robot for Metatrader 4 is a solid expert advisor that made +157.63% gain in 4 trading month.
The Forex robot identifies entry levels that occur in trending markets with the help of overbought/oversold sensitive technical oscillators.
The EA works on any time frame and offers great flexibility.
For instance, you can set different trading hours for each day of the week.
You can also use trailing stops to lock in profits.
All open positions are fully secured by a stop loss and take profit order and no dangerous trading methods are used (grid, martingale).
Test the EA on a demo account first for 2-4 weeks before running it on a live trading account (recommended).
The analysis chart below shows the Benefit 4.1 EA trading results (click on the chart to zoom in).
- Gain: +157.63%
- Monthly gain: 29.60%
- Drawdown: 15.61%
- Profit: €30,294.53
Download This Expert Advisor (MT4)
General Information & Recommendations
- Works for any time frame
- Works for any currency pair and Gold
- Recommended minimum account balance: $200
- Works on unlimited demo accounts.
- Works on unlimited live accounts.
- Developed for Metatrader 4
The image below shows the Benefit 4.1 EA attached to the GBP/USD 15-minute time frame.
EA Input Parameters
New cycle, magic, slippage, max. trades, max. lot, take profit buy, take profit sell, trail start, trail size, week days time filter, color settings
How to access the inputs tab? Right click on the chart > properties > inputs tab (adjust EA settings here)
How do I install the Benefit 4.1 EA 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 EABenefit_4.1.ex4 file into this folder
- Restart the Metatrader 4 platform and attach the expert advisor to the chart