BenefitEA Mt5

Benefit EA


Uses only hedging accounts.  

Benefit EA is a non-indicative flexible grid adviser with special entry points that provide a statistical advantage, revealed through the mathematical modeling of market patterns.

The EA does not use stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments.

The "Time Filter" function is set according to the internal time of the terminal as per the displayed time of the instrument's server, not the operating system (can match). This function allows for 100% automation of the trading process, without manual intervention and management (if every technical aspect is working properly and as intended). The "time filter" status is displayed as a text in the upper left corner of the trading window.

There are multiple settings for professionals and a flexible system of settings for different trading styles.

"Selling short", "scalping", "trading flat", etc.

There are buttons for semiautomatic trading. Using the buttons, it is possible to block the operation of one or both trade directions. Text notifications on the trade blocking status are available.

Trading any instrument on any timeframe in automatic or semiautomatic mode.

Situations of connection losses are handled accordingly and do not affect the trading process.

The default EA settings are for GBPUSD M15 50 000 1:500.

  • Base deposit: 5000-10000 (depending on the instrument)
  • Leverage: 1:20-1000
  • Timeframe: M1, M5, M15, H1
  • Recommended currency pairs: GBPUSD, USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, AUDUSD


Parameters

Base settings

  • New_Cycle – enable/disable opening order series in cycles
  • MAGIC – magic number, should be changed if the EA is used on multiple currency pairs on the same account
  • Slippage - Forex price slippage, the default value is 3. Do not change the value unless you know what you are doing
  • Max_Trades - the maximum number of orders opened in a series (Max 17)
  • Max_Lot - the maximum lot size

TP settings

  • TP Buy - Take profit level in points for closing Buy positions
  • TP Sell - Take profit level in points for closing Sell positions
  • Trailing_Start – level in points to activate Trailing
  • Trailing_Size – the number of points for trailing the Trailing_Start level or for closing

Risk Reduction System

  • RRS – enable/disable the Risk Reduction System
  • RRS_oOrder – number of an order in a series to activate the Risk Reduction System
  • RRS_cOrder – number of an order in a series to deactivate the Risk Reduction System
  • RRS_TP – Take profit in points for closing orders corresponding to the Risk Reduction System
  • RRS_Trailing_Start – level in points to activate Trailing for orders of the Risk Reduction System
  • RRS_Trailing_Size – the number of points for trailing the RRS_Trailing_Start level of the Risk Reduction System
  • RRS_Profit_Percent – tool for exiting a prolonged drawdown (70-90% recommended)

Buy and Sell settings

  • Step_Buy(Sell) – step for opening a new order in a series in points
  • Step_Coef_Buy(Sell) – increase coefficient of the step for opening subsequent orders
  • Step_Coef_Start_Order_Buy(Sell) – number of the order to activate Step_Coef_Buy(Sell)
  • Step_Mass_Buy(Sell) – the default step for opening orders (in points), if Step_Coef_Buy(Sell) is equal to 0
  • Min_Lot_Buy(Sell) – the minimum lot size of the first order
  • Lot_Exp_Buy(Sell) - lot increase coefficient of Min_Lot_Sell for the subsequent orders

Time filter settings

  • Time_Filters - enable/disable working within the specified time intervals
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IMPORTANT - FEEDBACK FROM REAL CUSTOMERS, REAL MONEY, REAL PROFIT: https://www.mql5.com/en/market/product/190894/comments#comment_60526937 Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal-2: https://www.mql5.com/en/signals/2390825 Live Signal V2 :  https://www.mql5.com/en/signals/2394627 IMPORTANT - READ BEFORE CHOOSING A MODE: full backtest of all 11 Trading Modes → https://www.mql5.com/en/blogs/post/775822 You've watched Gold rip 1500 points in a straight line and felt your st
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Simon Reeves
5 (15)
Experts
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
Cosmos Orion
Chen Jia Qi
Experts
Cosmos Orion — Gold H2 Three-Point Structure Breakout EA Build order in a chaotic market. Most gold EAs either guess the direction or hide risk behind grids and martingale. Cosmos Orion does neither. It doesn't predict the market. It waits for price to form a confirmed three-point structure, enters only on a real breakout, and protects every order with a hard Stop Loss. A practical system, built for real-world trading. Early-bird price $299 — first 10 copies only. Users who purchase now will al
Adaptive Gold Scalper MT5
Fan Yang
3.67 (36)
Experts
Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience. With proper brokerage conditions and sufficient running time, this fully automated scalpi
Goldwave Ultra EA
Shengzu Zhong
4.5 (4)
Experts
Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
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Benicanoko
3.86 (7)
Experts
Now $499 — Only 10 Copies Available Secure your copy at $499 before the next price increase to $699. DeMoore Expert Advisor is a high-precision scalping Expert Advisor developed exclusively for XAUUSD (Gold) on the M5 timeframe. The De Moore Expert Advisor performs market analysis based on trend-following and price action concepts. The analysis is also based on multi-timeframe analysis. Live Signal        How De Moore EA Works for You Buy the EA on MQL5 Market Install on MetaTrader 5 Run on a 24
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Benefit EA
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Benefit EA is a non-indicative flexible grid adviser with special entry points that provide a statistical advantage, revealed through the mathematical modeling of market patterns. The EA does not use stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments. The "Time Filter" function is set according to the internal time of the terminal as per the displayed time of the instrument's server, not the operating system (can match). This function allo
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