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Bender V2 EA Result and Performace

krmughal

New Member
I have used so many EAs but among all of them, Bender is performing very well to date.
I am sharing my results, do not use it in hurry, always test it before using.
I have backtested in December 2020 on all pairs but found GU the best pair for this EA
 

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cchong

Member
Thanks for sharing the EA. Would you also share your recommended settings as follow:
1. Minimum Deposit:
2. Time Frame:
3. Leverage:
4. Pair: GBPUSD?
5. Settings:
a.) Lot size
b.) others.....
6. Any potential risks that you see with this EA and your recommendations on how to deal with those risks. Thanks.
 

krmughal

New Member
Thanks for sharing the EA. Would you also share your recommended settings as follow:
1. Minimum Deposit:
2. Time Frame:
3. Leverage:
4. Pair: GBPUSD?
5. Settings:
a.) Lot size
b.) others.....
6. Any potential risks that you see with this EA and your recommendations on how to deal with those risks. Thanks.
1- $500
2- 15M
3- 1:500
4- GBPUSD
5- Lot Size 0.01
6- Multiplier 1.1

I am using it on fixed lot size i.e 0.01 with any multiplier, so far so good
 

krmughal

New Member
Thanks for sharing the EA. Would you also share your recommended settings as follow:
1. Minimum Deposit:
2. Time Frame:
3. Leverage:
4. Pair: GBPUSD?
5. Settings:
a.) Lot size
b.) others.....
6. Any potential risks that you see with this EA and your recommendations on how to deal with those risks. Thanks.
In beginning, you should start with H1 time frame then reduce it as per your requirement.
 

cchong

Member
I have opened a demo account with $100 (leverage1:1000) using your recommended settings which turned out to be opening around 10 trades or so which has almost taken out all my margins and put my account in great risks of force closing all trades and blowing up account pretty soon. I therefore have stopped using that $100 account for testing this EA and I think your recommended balance of $500 is quite necessary as $100 balance account simply won't survive for long. In my opinion maybe $1000 is even safer to use this EA. Just my opnion though.
 

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