Sign In / Sign Up
MyFxBots
Welcome
Visitor
Sign In / Sign Up
A Sold-Out Expert Advisor!
Trading Idea
Benefit EA automatically sets TP on a minimum number of points of the price without being discovered by the broker until all trades are closed with the ability to open the next series order manually then the EA will calculate the potentially profitable TP for the entire series and continue to work according to its core algorithm.
Specifications
License
1 License or 3 Licenses according to the version purchased.
Compatible Brokers
- Leverage 1:1000, 1:500
- Min lot = 0.01
- 5 decimal points
- Max lot for one order >= 100
- Max count of trades per one pair >= 30
Tickmill Forex Brokers are recommended!
Recommended Broker / VPS
XM Broker Account, IC Markets Raw Spread Account, or Tickmill ECN Pro or Classic Account With TradingFX VPS are the Recommended Broker Account / VPS Combination.
Account Balance
A recommended minimum of $100 for a cent account or $10 000 for a standard account.
Supported Currency Pairs
EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD and GBPUSD
MetaTrader Chart Timeframe
M1, M5 and M15
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
Live Performance Results
Real Money Account
Started On
Jun 20, 2020
Leverage
1:500
Broker
RoboForex
Starting Balance
$150,159.77
Total Gain
+1,363.25%
Live Test Summary
Started On
Jun 20, 2020
Account Leverage
1:500
Profit Factor
2.18
Total Gain
+1,363.25%
Absolute Gain
+147.74%
Monthly Gain
37.66%
Daily Gain
0.39%
Total Pips
-21,008.5
Total Trades
11,481
Profit Amount
$221,847.87
(%) Won Trades
-21,008.5
Drawdown
50.01%
Real Money Account
Started On
Jun 22, 2020
Leverage
1:500
Broker
RoboForex
Starting Balance
$$268,460.29
Total Gain
+166.97%
Live Test Summary
Started On
Jun 22, 2020
Account Leverage
1:500
Profit Factor
2.44
Total Gain
+166.97%
Absolute Gain
+25.42%
Monthly Gain
26.24%
Daily Gain
0.21%
Total Pips
-2052.3
Total Trades
3906
Profit Amount
$68232.04
(%) Won Trades
-2052.3
Drawdown
22.28%
Real Money Account
Started On
May 06, 2020
Leverage
1:500
Broker
RoboForex
Starting Balance
$$100,267.87
Total Gain
+58.08%
Live Test Summary
Started On
May 06, 2020
Account Leverage
1:500
Profit Factor
2.36
Total Gain
+58.08%
Absolute Gain
+24.21%
Monthly Gain
12.33%
Daily Gain
0.09%
Total Pips
-9054.5
Total Trades
7023
Profit Amount
$24278.05
(%) Won Trades
-9054.5
Drawdown
5.82%
Real Money Account
Started On
Oct 18, 2020
Leverage
1:500
Broker
RoboForex
Starting Balance
$270,537.25
Total Gain
+406.60%
Live Test Summary
Started On
Oct 18, 2020
Account Leverage
1:500
Profit Factor
2.02
Total Gain
+406.60%
Absolute Gain
+57.31%
Monthly Gain
13.70%
Daily Gain
0.29%
Total Pips
-12,887.5
Total Trades
14,178
Profit Amount
€159,304.62
(%) Won Trades
-12,887.5
Drawdown
57.89%
Started On
Feb 13, 2020
Leverage
1:500
Broker
Equiti
Starting Balance
$$50,000.00
Total Gain
+362.7%
Live Test Summary
Started On
Feb 13, 2020
Account Leverage
1:500
Profit Factor
1.69
Total Gain
+362.7%
Absolute Gain
+365.74%
Monthly Gain
8.01%
Daily Gain
0.26%
Total Pips
-79667.6
Total Trades
36555
Profit Amount
$181218.53
(%) Won Trades
-79667.6
Drawdown
56.89%
Backtests
Backtests Settings
Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
15 Minutes (M15) 2015.01.02 09:00 - 2015.12.30 23:45 (2015.01.01 - 2015.12.31)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
_0_="BenefitEA_v.2.3_Demo"; _1_="====== Base settings ======"; New_Cycle=true;
MAGIC=1; Slippage=3; Max_Trades=17; Max_Lot=100; _2_="====== Time filter settings ======"; Time_Filters=false;
Trading_Time_1_Start="00:00"; Trading_Time_1_End="06:00"; Trading_Time_2_Start="13:00"; Trading_Time_2_End="13:00"; _3_="====== TP settings ======"; TP_Buy=100; TP_Sell=150; VTP=true;
Tral_Start=20; Tral_Size=15; _4_="====== Risk Reduction System ======"; RRS=true;
RRS_oOrder=3; RRS_cOrder=6; RRS_TP=70; RRS_Tral_Start=10; RRS_Tral_Size=5; RRS_Profit_Percent=10; _5_="====== Buy settings ======"; Step_Buy=80; Step_Coef_Buy=1.05; Step_Coef_Start_Order_Buy=10; Step_Mass_Buy="60,60,60,60,60,60,80,80,90,120,120,120,150,150,150,200"; Min_Lot_Buy=0.01; Lot_Exp_Buy=1.8; _6_="====== Sell settings ======"; Step_Sell=130; Step_Coef_Sell=1.05; Step_Coef_Start_Order_Sell=4; Step_Mass_Sell="60,60,60,60,60,60,80,80,90,120,120,120,150,150,150,200"; Min_Lot_Sell=0.01; Lot_Exp_Sell=1.8; _7_="====== Color settings ======"; Buy_BE_Color=DarkTurquoise; Sell_BE_Color=DarkTurquoise; Buy_TP_Color=Red; Sell_TP_Color=Red; Buy_Trall_Color=Chocolate; Sell_Trall_Color=Chocolate; Buy_LOT_Trall_Color=OrangeRed; Sell_LOT_Trall_Color=OrangeRed; RRS_Color_Sell=Yellow; RRS_Color_Buy=Yellow;
Bars in test
25702
Ticks modelled
21468480
Modelling quality
90.00%
Initial Deposit
$5000.00
Spread
Backtests Results
Total net profit
69504.77
Gross profit
90391.87
Gross loss
-20887.10
Profit factor
4.33
Expected payoff
8.97
Absolute Bal DD
1249.49
Maximal Bal DD
6441.46 (21.72%)
Relative Bal DD
44.11% (3232.97)
Total Trades
7748
Short positions (won %)
2977 (65.77%)
Long positions (won %)
4771 (74.49%)
Profit trades (% of total)
5512 (71.14%)
Loss trades (% of total)
2236 (28.86%)
Largest Profit trade
3870.91
Largest Loss trade
-391.76
Average Profit trade
16.40
Average Loss trade
-9.34
Maximum consecutive wins (profit in money)
54 (106.55)
Maximum consecutive losses (loss in money)
12 (-1797.97)
Maximal consecutive profit (count of wins)
4870.99 (28)
Maximal consecutive loss (count of losses)
-1797.97 (12)
Avarage consecutive wins
6
Avarage consecutive losses
3
Benefit EA's Trading Strategy
- It's a horizontal TP line used by the EA to close orders.
- This line is recalculated every time the EA starts an order series either automatically or manually.
- When the price comes close to the TP line with a preset distance defined as Tral_Start, the line color is changed to the Tral_Color and the EA is triggered to trail profits of all the series.
- Tral_Size is another preset value which limits the TP line following the price when it moves in the right direction, but when it doesn't and reverses, the series will be closed at the TP level.
Benefit EA can trade on more than just Currency Pairs, it can trade CFD ang Metals too.
It includes a multiple strategy trading system in different market conditions, so it can trade in a trend and flat markets, on pullbacks during market correction and as a scalper!
It also has a powerful protection system against balance loss that minimizes the risks!
It quietly tolerate temporary disconnection.
Promotional Video (by the Vendor)
Tags
Valery Trading
Tickmill
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
IC Markets
FBS
Algocrat AI
Volatility Factor Pro
XM
RoboForex
Waka Waka
HFM Broker
Perceptrader AI
Traders Academy Club
InstaForex
Forex Diamond
Alpari
GPS Forex Robot
StrategyQuant X
Forex Combo System
GrandCapital
Forex Trend Detector
Telegram Signal Copier
Omega Trend
FX Scalper
SMRT Algo
IronFX
Broker Arbitrage
Golden Pickaxe
AMarkets
Binance
Quant Analyzer
FXVM
FxPro
Forex Gold Investor
TradingFX VPS
RayBOT
ForexSignals.com
ACY Securities
AlgoWizard
Pump Trader Robot
FX Choice
Smart Scalper PRO
BlackBull Markets
FXCharger
Commercial Network Services
Libertex
LeapFX Trading Academy
FX-Builder
Gold Scalper PRO
Quant Data Manager
ForexTime
News Scope EA PRO
Magnetic Exchange
MTeletool
Telegram Copier
FX Secret Club
Forex Robot Academy
Swing Trader PRO
Forex Robot Factory (Expert Advisor Generator)
Evening Scalper PRO
VPS Forex Trader
QHoster
Happy Forex
Vortex Trader PRO
Best Free Scalper Pro
IV Markets
Forex VPS
Happy Bitcoin
EGPForex
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
