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Benefit EA

The Expert Advisor is based on bi-directional Martingale system, with internal coverage of the second Martingale and Risk Reduction System.

Base deposit: 10000

Leverage: 1:500, 1:1000

Chart timeframe: M1, M5 and M15

Recommended currency pairs: USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, AUDUSD, GBPUSD


Parameters

Base settings

  • New_Cycle – enables or disables cyclic opening of order branches
  • MAGIC – the magic number should be changed if one account uses multiple currency pairs this EA works with
  • Slippage - Forex price slippage, the default value is “3”, it is not recommended to change it, if you don't know what it is
  • Max_Trades - the maximum number of open orders in the branch (Max 17)
  • Max_Lot - the maximum value of the lot

TP settings

  • TP Buy - Take profit Buy, level in points at which the EA will close the position
  • TP Sell -Take profit Sell, level in points at which the EA will close the position
  • VTP - enables or disables the operation of Trailing
  • Trailing_Start – level in points at which the EA will activate Trailing
  • Trailing_Size – the volume in points, which the EA will use to move Trailing_Start or to close

Risk Reduction System

  • RRS – enables or disables the operation of Risk Reduction System
  • RRS_oOrder – the number of order in a branch, from which the Risk Reduction System starts its operation
  • RRS_cOrder – the number of order in a branch, from which the Risk Reduction System stops its operation
  • RRS_TPTake profit in points at which the orders of the Risk Reduction System feature will be closed
  • RRS_Trailing_Start – level in points for the EA to activate Trailing for the orders of the Risk Reduction System
  • RRS_Trailing_Size – the volume in points, which the EA will use to move RRS_Trailing_Start of the Risk Reduction System feature
  • RRS_Profit_Percent – tool for recovering from a long drawdown (recommended 70-90%)

Buy and Sell settings

  • Step_Buy(Sell) – the opening step of the next order in the branch, in points
  • Step_Coef_Buy(Sell) – next order opening step multiplier
  • Step_Coef_Start_Order_Buy(Sell) – number of the order to activate Step_Coef_Buy(Sell)
  • Step_Mass_Buy(Sell) – default value in points, the order opening step, if Step_Coef_Buy(Sell) equals 0
  • Min_Lot_Buy(Sell) – minimum lot value for opening the first order
  • Lot_Exp_Buy(Sell) - Min_Lot_Sell increase ratio for the next order

Time filter settings

  • Time_Filters - enables or disables the operation in time intervals
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