Benefit EA is a fully automated trading algorithm typically priced at $700. This EA operates based on a non-indicative, flexible grid algorithm with unique entry points, which provide a statistical advantage revealed through mathematical modeling of market patterns.
Key Features of Benefit EA:
- Advanced Algorithm: Utilizes a non-indicative flexible grid algorithm with specially designed entry points for a statistical trading advantage.
- Professional Settings: Offers multiple settings for professional traders and a flexible system for various trading styles.
- No Stop Loss: Trades are closed by take profit or trailing stop, without using stop loss. Lot increments can be planned.
- Semi-Automatic Trading: Equipped with buttons for semi-automatic trading, allowing the user to block one or both trade directions. Text notifications on the trade blocking status are also available.
Recommendations:
- Minimum Balance: $250 cent account or an equivalent standard account.
- Optimal Pairs: Works best on GBPUSD. Also performs well on USDJPY, EURUSD, EURJPY, USDCAD, USDCHF, AUDUSD.
- Best Timeframe: M15 is recommended, but it also works well on M1, M5, and H1.
- VPS Recommendation: Run the Benefit v4.1 EA 24/5 on a VPS with latency below 100ms (Reliable and Trusted OptiqHost VPS – .
- Account Type: A low spread ECN account is recommended for optimal performance (Find the Perfect Broker For You Here).
Please ensure you understand how the Benefit EA operates by testing it on a demo account before using it on a live account.
