BenderFX V4 foreign exchange EA free download | Gold EA download-MT4/MT5 resources-MetaTrader 5 resources

BenderFX V4 EA is a free downloadable automated intelligent trading system. It is a trading strategy released in 2020 that combines HMA (Hull Moving Average), the exclusive Shadow Bender indicator and Fibonacci tools. This strategy is designed to provide a target return of 10-15% per month. The minimum account balance required is $100.

One of the key features of BenderFX v4 is that each trade is executed in one go, rather than relying on a martingale system. This helps minimize the possibility of large losses and ensures that each trade is executed with a clear plan.

The preferred time frame for this strategy is 1 hour and 15 minutes, which balances short-term profits with long-term stability. The strategy has been optimized to keep the maximum drawdown below 2% , providing users with a degree of stability and risk management.

The Fibonacci indicator is a tool Bender uses to capture price retracements and determine its potential for sustained movement over time. This is achieved by combining Fibonacci Golden Zones and Probability Zones. The Shadow Bender indicator is an exclusive tool developed by the developers that accurately predicts potential turning points in price.

The final decision to open a position is based on a probability calculation that takes into account various factors such as momentum, volatility and previous indicator signals. In the decision-making process, each factor is assigned a weight.

Finally, BenderFX v4 comes with a comprehensive set of ".set" files, giving users a choice of over 10 optimization settings files to choose from. These settings files are developed using advanced genetic algorithm technology to maximize the profit factor while minimizing the possibility of drawdowns.

Unlike BenderFX EA V2, it does not use dangerous trading methods such as martingale, grid , etc. It executes 5-10 trades per month . It can also go for several days without making any trades and does not open more than one trade at a time. All trades are protected by Stop Loss and Take Profit at all times .

Please test in a demo account for at least a week first. Also, please familiarize yourself and understand how this BenderFX V4 Robot works, and then only use it on a real account.

BenderFX V4 EA Recommendations

• Minimum account balance is 100$ .
• There are the best pairs of optimization set files given . (Only use the given settings file otherwise the EA may not open any trades )
• Work best on M15 and H1 TimeFrames.
• This scalping robot MT4 should work uninterrupted on a VPS. So we recommend running this Free Forex EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
• Work on any account ( find the broker that suits you best )

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