Feeling burned by flashy robots that drain your account faster than you can say “margin call”? Yeah, we’ve been there. That’s why BenderFX EA V2.0 MT4 was created—a solid, scalping-focused Expert Advisor powered by YoForex and tested in live conditions. It’s not some overnight miracle worker—but it’s consistent, stable, and (best part)… absolutely free on MQL5.software.

If you’ve got a small account and big goals, this EA was built for you. Let’s break it down.

Overview

BenderFX EA V2.0 MT4 is a micro-scalping robot designed for high-frequency trading on major pairs like EURUSD, GBPUSD, and XAUUSD. It operates on the M5 timeframe, making ultra-precise entries and exits using a hybrid of RSI filters, trend-following logic, and dynamic take-profit mechanisms.

Unlike EAs that use Martingale or Grid (yikes!), BenderFX EA focuses on capital safety first. With a default risk setting of just 1%, it's ideal for both funded challenges and small retail accounts.

  • Platform: MetaTrader 4
  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD
  • Timeframe: M5 (recommended)
  • Strategy: RSI Filter + Micro Scalping + Dynamic TP
  • Account Types: Real or Cent accounts

BenderFX EA

Key Features

• Smart Scalping Engine: Targets 3–10 pips per trade with ultra-quick exits
• Works with Small Accounts: Start with as low as $100
• No Martingale / No Grid: Every trade has a stop-loss, period
• RSI & Trend Confirmation Logic: Combines indicators for precision entries
• Low Drawdown Strategy: Max DD rarely exceeds 4–6%
• 1–2% Daily Growth Potential: With strict money management
• News Filter: Auto-pauses during high-impact releases
• Multi-Pair Setup: Use on multiple charts to diversify trades
• Time Filter: Avoids trading during low-liquidity hours
• Broker Compatible: Exness, IC Markets, FBS, RoboForex
• Free Updates for Life: Delivered directly via MQL5.software

Backtest Results & Real Feedback

BenderFX EA was back-tested on EURUSD M5 using tick data from Jan 2023 to Jan 2025. The results were strong, especially with conservative risk settings:

  • Total Trades: 1,530
  • Win Rate: 83.7%
  • Net Profit: +92.6% over 2 years
  • Max Drawdown: 5.1%
  • Profit Factor: 2.43

How to Install & Configure

  1. Download the EA file from MQL5:
    ➔ Download URL: https://mql5.software/benderfx-ea-v2-0-mt4
  2. Copy BenderFX_EA_V2.0.ex4 into your MQL4/Experts folder
  3. Restart your MT4 or refresh Navigator window
  4. Attach the EA to a EURUSD M5 chart
  5. Go to Inputs tab and set:
  6. LotSize = 0.01 (or your preferred risk)
  7. MaxSpread = 15
  8. EnableNewsFilter = true
  9. MaxDrawdown = 6
  10. TradeTimeStart/End = 06:00 to 22:00

BenderFX EA

Why Trust YoForex?

YoForex has one mission—deliver real tools for real traders, with no paywalls or nonsense. We’ve been testing, breaking, and improving EAs since 2019, so what you get today is a stable, back-tested, and prop firm-friendly product that works.

Learn more about our mission at YoForex.net, and check out all our free bots on MQL5.software.

Support & Help

Stuck on something? Our support team is available 24/7. Whether it’s a setup issue, optimization request, or bug—reach out, we’re here for you.

Disclaimer: Past performance is not a guarantee of future results. Always demo test before using live accounts. Never risk more than you can afford to lose.

Call to Action

Want to scalp like a pro without burning your account? Download BenderFX EA V2.0 MT4 now for free from MQL5.software and give your MT4 charts a brain upgrade.

YoForex – empowering traders worldwide, one free tool at a time.