Benefit EA V5.1 – FREE Download [Update] Benefit EA V5.1 – FREE Download [Update]

Base settings

• New_Cycle – enable/disable series of opening orders in cycles
• MAGIC – magic number, which should be changed if the EA is used for multiple currency pairs on the same account
• Slippage – Forex price slippage, default value is 3. Do not change this value unless you know what you are doing
• Max_Trades – the maximum number of orders opened in the series (maximum 17)
• Max_Lot – maximum lot size

TP settings

• TP Buy – profit level (in points) for closing a buy position
• TP Sell – Profit level (in points) for closing a sell position
• Trailing_Start – activate points level Trailing
• Trailing_Size – Number of points trailing behind Trailing_Start level or off

risk reduction system

• RRS – enable/disable risk reduction system
• RRS_oOrder – Order number risk reduction system activated in a series of orders
• RRS_cOrder – Order numbering risk reduction system in deactivated series
• RRS_TP – Take profit pip risk reduction system corresponding to closing orders
• RRS_Trailing_Start – Activate point-level Trailing for orders of the Risk Reduction System
• RRS_Trailing_Size – points behind RRS_Trailing_Start level of the risk reduction system
• RRS_Profit_Percent – ​​Tool for exiting long-term losses (70-90% recommended)

Buy and sell settings

• Step_Buy(Sell) – the step to open a new order in a series of pips
• Step_Coef_Buy(Sell) – increases the step coefficient for opening subsequent orders
• Step_Coef_Start_Order_Buy(Sell) – the order number to activate Step_Coef_Buy(Sell)
• Step_Mass_Buy(Sell) – default step (in points) for opening a position order, if Step_Coef_Buy(Sell) is equal to 0
• Min_Lot_Buy(Sell) – the minimum lot size for the first order
• Lot_Exp_Buy(Sell) – Lot increase factor Min_Lot_Sell for subsequent orders

Time filter settings

• Time_Filters – enable/disable jobs within specified time intervals

The "time filter" function is set based on the terminal's internal time displayed by the instrument server, not the operating system (which can be matched). This feature allows the trading process to be 100% automated without human intervention and management (if every technical aspect is working properly and functioning as expected). The "Time Filter" status is displayed as text in the upper left corner of the trading window.