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Benefit EA works on the Grid strategy as it was developed by mathematical analysis of market behaviors as it enters each trade with great care and each deal is completed by taking profits or stop loss orders and traders can increase the size of the lot based on their personal experience of such types of strategies.
Benefit EA MT4 is suitable for all professional and beginner traders as it improves their trading performance in the Forex market. Whether you are looking for an easy way to make profits in the Forex market or a trading method different from manual trading, the Expert can help you with that.
Name | Fit |
---|---|
Trading platform | MetaTrader 4 (MT4) |
Minimum deposit | $5000 |
Currency Pairs | GBPUSD, USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, and AUDUSD. |
Timeframe | M1, M5, M15, H1 |
Leverage | 1:20 – 1:1000 |
Setup Files | Provided |
Product Type | NoDLL / Fix |
One of the advantages of the Benefit EA is that it maintains strict risk management, as it controls the trades to reduce risks and trades using the Grid strategy, which is also one of the famous trades, (but it has some risks that may affect the loss of the account)
Download the Expert file from the email sent to you
First, if you don’t have Winrar here is the download link, download and install
https://www.win-rar.com/download.html?&L=0
Right-click on the WinRAR file and select ‘Extract Here’ to extract the files in the current location. Alternatively, choose ‘Extract to’ if you want to extract the files into a specific folder.
2 – Add the Expert to the platform
(if the expert works on MT5 then you will choose MQL5 instead)
3 – Run the Expert
Benefit EA is the perfect choice for traders who are looking to make profits in the Forex market without the tiring manual trading that has high risks, as manual trading is affected by emotions and feelings, and the expert will help you overcome this difficult part.
Disclaimer: The backtesting results provided do not guarantee the same performance when using the Expert Advisor on your live account. Performance may vary due to factors such as market conditions, spreads, and slippage. It is highly recommended to first run the Expert Advisor on a demo account for a sufficient period to test its performance and ensure it aligns with your trading strategy and goals.