Benefit EA is a highly adaptable, non-indicative grid advisor designed to identify special entry points and provide a statistical advantage through mathematical modeling of market patterns. This Expert Advisor (EA) bypasses the use of stop loss, closing all trades via take profit or trailing stop, and allows for planned lot increments.
Key Features:
- Automated Trading: The “Time Filter” function aligns with the terminal’s internal time, ensuring 100% automation without manual intervention.
- Multiple Trading Styles: Suitable for various trading styles including “selling short,” “scalping,” and “trading flat.”
- Semiautomatic Trading: Buttons available for blocking one or both trade directions, with text notifications indicating trade blocking status.
- Versatile Compatibility: Operates on any instrument and timeframe, handling connection losses seamlessly.
- Default Settings: Optimized for GBPUSD M15 with a base deposit of 5000-10000, leverage of 1:20-1000, and recommended pairs like GBPUSD, USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, AUDUSD.
Parameters:
Base Settings:
- New_Cycle: Enable/disable opening order series in cycles.
- MAGIC: Unique identifier for multiple currency pairs.
- Slippage: Default value of 3; adjust only if necessary.
- Max_Trades: Maximum orders in a series (up to 17).
- Max_Lot: Maximum lot size.
TP Settings:
- TP Buy: Take profit level for buy positions.
- TP Sell: Take profit level for sell positions.
- Trailing_Start: Activation level for trailing.
- Trailing_Size: Points for trailing or closing.
Risk Reduction System:
- RRS: Enable/disable the system.
- RRS_oOrder: Order number to activate the system.
- RRS_cOrder: Order number to deactivate the system.
- RRS_TP: Take profit for RRS orders.
- RRS_Trailing_Start: Trailing activation level for RRS orders.
- RRS_Trailing_Size: Points for trailing RRS orders.
- RRS_Profit_Percent: Exit prolonged drawdowns (70-90% recommended).
Buy and Sell Settings:
- Step_Buy(Sell): Points for opening new orders in a series.
- Step_Coef_Buy(Sell): Increase coefficient for subsequent orders.
- Step_Coef_Start_Order_Buy(Sell): Order number to activate step coefficient.
- Step_Mass_Buy(Sell): Default step for opening orders, if step coefficient is 0.
- Min_Lot_Buy(Sell): Minimum lot size for the first order.
- Lot_Exp_Buy(Sell): Lot increase coefficient for subsequent orders.
Time Filter Settings:
- Time_Filters: Enable/disable specified time intervals for trading.
Maximize your trading potential with Benefit EA, offering a robust, automated, and flexible solution for diverse trading needs.
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