Belenus EA

The Belenus EA employs a straightforward yet effective strategy based on a fundamental economic principle. While many traders seek complex algorithms, this EA capitalizes on the simplicity of long-term economic growth.

The strategy rests on the historical trend of global economic expansion, which has consistently benefited certain financial instruments like index or stock CFDs. However, the challenge lies in capturing this growth while avoiding substantial overnight holding costs imposed by brokers.

To address this, the Belenus EA utilizes an automated intraday trading approach. It opens long positions at a predetermined time each day and closes them before market close, effectively sidestepping rollover fees. This method allows traders to potentially profit from the overall upward trajectory of markets without the burden of manual execution or overnight charges.

By automating this process, the EA offers a hands-off solution to capitalize on economic growth trends while mitigating common obstacles faced by long-term CFD investors. Its simplicity and alignment with broader economic patterns make it an intriguing option for traders seeking to harness market fundamentals through automated means.



I can not give any recommendations for settings, please do your own tests in strategy tester and demo account before you go live.

The Belenus EA is suited for US30, DE40, JP225, US500, UsTech.

Recommendation: Start testing with fixed lot size! Increase lot size slowly when you feel safe. Use risk management like the Stop Loss or maximum drawdown settings.

Important Information: Before using and testing this EA you should take into account that time period of working EA is for GMT OFFSET +3


Technical Details

Time Settings:

  • Open Position Hour - Hour when the EA opens positions (24-hour format) 
  • Open Position Minute - Minute when the EA opens positions
  • Close Position - Whether to automatically close positions at a specific time
  • Close Position Hour - Hour when positions are closed (24-hour format) ClosePositionsMinute (0) - Minute when positions are closed
  • PauseXmasHoliday - Pauses trading during Christmas period (Dec 23 - Jan 7)
Risk Settings: 
  • Lot Size Mode - Determines how lot size is calculated: 
    1. Fixed Lot Size: Uses a fixed lot size 
    2. Percentage of Balance: Calculates lots based on account balance percentage 
    3. Percentage of Equity: Calculates lots based on account equity percentage 
    4. Lotsize by Balance: Increases lot size based on account balance 
  • Take Profit in points (0 disables TP) 
  • Stop Loss in points (0 disables SL) 
  • Maximum number of simultaneous trades (1-100) 
  • Maximum allowed drawdown percentage (0 disables) 
  • Maximum number of trades: Maximum allowed concurrent open positions (1-100)

Break Even and Trailing Stop Settings: 
  • Break Even Points - Points of profit needed to activate break even (0 disables) 
  • Break Even Step Points - Additional points added to break even level 
  • Trail Start Points - Points of profit needed to activate trailing stop (0 disables) 
  • Trail Distance Points - Distance to maintain for trailing stop 
  • Trail Step Points - Minimum price movement needed to adjust trailing stop 
 Miscellaneous Settings: 
  • Order Comment - Comment added to all trades 
  • Magic Number - Unique identifier for trades placed by this EA 
  • Show the info box - Shows/hides the information display box.


This Expert Advisor (EA) is provided "as is" without any warranties or guarantees of any kind, either expressed or implied. The use of this EA is at your own risk.
  1. No Guarantee of Profit: Past performance is not indicative of future results. Trading in the forex market involves substantial risk and there is always the potential for loss.
  2. User Responsibility: The user is solely responsible for any trading decisions made using this EA. It is strongly recommended to thoroughly test the EA on a demo account before using it with real funds.
  3. Market Volatility: Forex markets can be highly volatile and unpredictable. This EA may not perform as expected under all market conditions.
  4. Technical Issues: The EA may be subject to technical failures, delays, or errors. The developer is not responsible for any losses incurred due to such issues.
  5. No Financial Advice: This EA does not constitute financial advice. Users should consult with a qualified financial advisor before making any investment decisions.


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Tom Scalper - The Trendline Breakout Expert Advisor Overview: Tom is an Expert Advisor designed for Gold (XAUUSD) trading. It uses a single trendline to determine the trend and incorporates pattern recognition to identify breakout conditions. Built for traders seeking a structured approach, Tom follows predefined criteria to execute trades based on market movements. Join My MQL5 Channel for the Latest Updates! Live Signal :   https://www.mql5.com/en/signals/2361938 Pricing Launch Price : $199
EA Gold Stuff
Vasiliy Strukov
4.7 (1090)
EA Gold Stuff est un Expert Advisor conçu spécifiquement pour le trading d'or. L'opération est basée sur des ordres d'ouverture utilisant l'indicateur Gold Stuff, ainsi l'EA fonctionne selon la stratégie "Trend Follow", ce qui signifie suivre la tendance. Les résultats en temps réel peuvent être consultés ici. Contactez-moi immédiatement après l'achat pour obtenir les réglages et un bonus personnel!  Vous pouvez obtenir une copie gratuite de notre indicateur Strong Support et Trend Scanner, v
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
ULTIMATE SALE -60% OFF! Get GOLD Scalper PRO with a huge –60% discount ! Special Price: $177 (Regular Price: $447 — You Save $270!) Don't miss out on getting this amazing gold trading EA at such a low price. The price will increase very soon! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is
Gold Zilla AI MT4
Christophe Pa Trouillas
5 (2)
Générez des rendements contrôlés avec un EA assisté par Grok AI , diversifié en risque et optimisé pour l'Or . GoldZILLA AI est un algorithme multi-stratégies qui détecte les régimes de marché pour sélectionner dynamiquement parmi cinq stratégies distinctes, optimisant les rendements tout en minimisant le drawdown sur XAUUSD. [   Live Signal   ] - [  Dedicated group   | Version   MT5   -   MT4   ] Après l'achat, veuillez m'envoyer un message privé pour recevoir le manuel d'utilisation et les ins
Hamster Gold Trading
Nguyen Hang Hai Ha
3.5 (2)
Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
Forex Diamond EA
Lachezar Krastev
5 (5)
ULTIMATE SALE! Get Forex Diamond EA with a huge –60% discount ! Promo Price: $217 (Regular Price: $547 — You Save $330!) Don't miss out on getting this amazing EA at such a low price. The price will increase soon! Live Results:   https://www.mql5.com/en/signals/2379493 Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results using a combination of trend and counter-trend strategies. Trusted by
Scalp On Scalp Off MT4
Connor Michael Woodson
FastBull Market Sentiment est un flux de données qui agrège des milliers de positions représentant une valeur totale de compte supérieure à 500 millions USD. Scalp On Scalp Off est capable de récupérer instantanément ces données via une intégration API directe et de les exploiter lors de l’exécution des transactions. Le sentiment de marché est affiché directement sur votre graphique dans un panneau personnalisable et convivial. Signal en direct : CLIQUEZ ICI Transactions individuelles gérées sa
ORIX mt4
Leonid Arkhipov
4.75 (4)
ORIX System — un robot de trading développé spécifiquement pour la paire de devises GBPUSD sur le timeframe M5 . Cet Expert Advisor est basé sur l’analyse du comportement du prix et des éléments de la structure du marché et n’utilise pas d’indicateurs techniques standard. Le robot n’utilise pas le martingale, les grilles de trading, le moyennage contre le marché, le hedging, l’ouverture de positions sans stop loss, ni le trading à haute fréquence ou chaotique. Live signals Exigences et recomman
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
XG Gold Robot MT4
MQL TOOLS SL
4.29 (42)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
SF Adaptive Scalper EA m
DMITRII GRIDASOV
5 (1)
SwapFree Adaptive Scalper EA - est un système de trading de scalping multi-paires entièrement automatique, intelligent, sûr et fiable ! Il s'agit d'un conseiller expert « définir et oublier » qui fait tout le travail de trading pour vous ! 9 Set_files disponibles pour 9 paires ! Téléchargez les fichiers de configuration EA pour les tests et le trading : GBPCHF Set_file EURCHF Set_file GBPCAD Set_file EURAUD Set_file AUDCAD Set_file USDCHF Set_file GBPAUD Set_file EURCAD Set_file USDCAD Set_fi
Golden Mirage mt4
Michela Russo
5 (9)
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
AFTrade Scalper MT4 EA
Achmad Fathoni
5 (1)
AFTrade Scalper EA is an automated trading robot designed for XAUUSD using a breakout-based scalping approach. The EA focuses on very short-term opportunities with controlled risk management, fixed lot options, trading session filters, and a three-stage trailing stop system consisting of Trailing Start, Trailing Stop, and Trailing Step. No grid and no martingale, every trade has a defined Take Profit and Stop Loss. Please see below live signal of this EA : Live Signal Broker IC Markets (startin
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Donar EA
Walter Ludwig Tengler
Donar EA is a sophisticated automated trading Expert Advisor (EA) designed for MetaTrader 4 platforms. This algorithmic trading system provides intelligent trade management with customizable parameters to suit various trading strategies and risk profiles. Key Features: Adaptive trading time windows Configurable trade direction (Buy, Sell, or Both) Robust risk management Dynamic lot sizing Comprehensive performance tracking Trading Methodology: The EA employs a strategic approach to market entry
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LuisaSPR
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LuisaSPR 2024.11.13 01:40 
 

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erdinger
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erdinger 2024.11.09 16:22 
 

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