Legend EA Forex Robot Free Download

Legend EA

2 extraordinary strategies combine to make one easy to use professional trading system Legend EA. Strategies designed specifically for long term sustainability. Targets a bigger number of pips avoiding broker manipulation ( Pip expectancy over 20 pips! )

Entry and exit logic operate on Bar Close only. This filters market noise dramatically accelerates optimizations, avoids stop loss hunting, and ensures proper operation at any broker with an inexpensive spread. No short term risky strategies ( scalping, martingale, grid )

Sophisticated exits working together include broker decoy and safety stops, virtual (stealth), trailing, breakeven, partial closings at multiple exit targets

Multiple safety features to keep your account safe from power outages, internet outage or disconnect, broker context busy, platform freeze, and much more

 

Strategy One

 

  • Enable Strategy 1 – Set true to enable
  • Use Money Management – Select true to use automated lot sizing
  • MM Risk Setting 1 – Risk Setting for Money management
  • Lot Size – Fixed Lot size
  • Max Open Positions – Max Positions for strategy 1
  • Fast Period – Period of bars for fast measurement
  • Slow Period – Period of bars for slow measurement
  • Volatility Factor – Factor for volatility calculation
  • MA 1 Period – Moving average 1.
  • MA 2 Period – Moving average 2.
  • MA 3 Period – Moving average 3.
  • Target Profit – Virtual (Hidden) Target Profit pips
  • Stop Loss – Virtual (Hidden) Stop Loss pips
  • Trailing Stop – Virtual (Hidden) Trailing Stop  pips
  • Break-Even Activation Pips – Price must be this far into profit for breakeven activation
  • Pips to Lock In – Pips to lock-in
  • Broker Target Profit – Set to a number slightly larger than Virtual Target Profit. Sending hard exits to the broker serves a dual purpose as both a decoy and safety mechanism
  • Broker Stop-Loss – Set to a number slightly larger than Virtual Stop Loss.
  • Use Partial Close – Set to true to close positions at multiple exit targets
  • Position Percentage to Close – Percentage to close at each target
  • Min Profit Pips – Minimum amount of pip before the first exit
  • Pips Between Closings – Number of pips into profit between closings
  • Max Gap Allowed – If Price Gap exceeds this number of pips trading will be paused
  • Hours to Pause After Gap – Trading will be paused this many hours after the price gap
  • Magic Number S1 – Use a unique number for each strategy on every instance of Legen

Strategy Two

 

  • Enable Strategy 2 – Select true to enable strategy two
  • Use Money Management – Select true to use automated lot sizing
  • MM Risk Setting 2 – Risk Setting for Money management
  • Lot Size – Fixed Lot size
  • Sample Period – Number of bars for support/resistance algorithm
  • Look Back Period – Number of bars scanned
  • Order Offset (Pips) – Entry orders offset
  • Target Profit – Virtual (Hidden) Target Profit pips
  • Stop Loss – Virtual (Hidden) Stop Loss pips
  • Trailing Stop – Virtual (Hidden) Trailing Stop  pips
  • Break-Even Activation Pips – Price must be this far into profit for breakeven activation
  • Pips to Lock In – Pips to lock in with breakeven activation
  • Broker Target Profit S2 – Set to a number slightly larger than Virtual Target Profit. Sending hard exits to the broker serves a dual purpose as both s a decoy and safety mechanism.
  • Broker Stop-Loss S2 – Set to a number slightly larger than Virtual Stop Loss.
  • Use Partial Close – Set to true to close positions at multiple exit targets
  • Position Percentage to Close – Percentage of the original position to close at each target
  • Min Profit Pips – Minimum amount of pip before the first exit
  • Pips Between Closings – Number of pips into profit between closings
  • Magic Number S2 –  Use a unique number for each strategy on every instance of Legend

Universal Variables

Legend EA 1.3v – [Cost $1199]- For FREE
  • Use Trading Hours – Set true to use trading hours
  • An hour to Start Trading – Hour to start (GMT time)
  • Hour To Stop Trading – Hour to stop (GMT time)
  • Friday Exit Hour – Hour to stop trading on Friday and exit trades. (broker time)
  • Transparent Display – Set true for transparent display
  • Trade Comment – Comment to be sent with trades
  • Order Expiration Minutes – Pending Order Expiration Minutes 0 = Never expires

Recommended Time Frame: 15M
Recommended pairs: EURUSD/USDJPY/XAUUSD

BESTMT4EA.com | Free Download Forex Robot, Forex EA & Indicator.
DOWNLOAD PREMIUM FOREX TRADING TOOLS NOW FOR FREE

Register and Login to Download. Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this product works before using it in a real account. To get consistent results, this program should run on a VPS with minimal latency and no interruptions. As a result, we strongly advise you to use this program on a Reliable VPS. After completing the download in your computer or laptop you have to extract the file using WinZip software. Also check How do I Install an Expert Advisor on MT4.

 

Forex EA REVIEW

Rating: 4/5
4/5
8Expert Score
REVIEW

This Forex EA is one of the newest Forex Robot that shows itself as a very profitable low-risk trading strategy. In this forex robot review, we're going to break down the pros and cons of this automated trading system to see if it's worth purchasing for long-term trading. We hope this helps you. Wish you all the best. Happy Trading.

Safety
7
Reliability
9
Security
8
Pros
  • Gain: 1082.93%
  • Monthly Profit: 10%-50%
  • Minimum Deposit: $500 Cent
  • Drawdown: Maximum 25%
  • Number Of Trade Per Day: 15-50
  • Pair: XAUUSD, GBPUSD, EURUSD
  • Time Frame: H1
  • Terminal: MT4
  • All trades are secured by Take Profit
  • Safest EA with Scalping Strategy
Cons
  • Sometimes drawdown is high
  • Longer times to close trades
  • Initial investment is high
  • No Stop Loss
  • Floating trades in the weekends
  • Strict Money Management
  • During a recovery, the EA can have many trades opened at the same time in the same direction

FEATURES

Automated System

Opens, manages, and closes the best trades for you. No need to lift a finger.

Great Trading Strategy

Plots chart price in real time to find the best entry and exit points with no lag.

Fully Optimized Settings

Comes loaded with optimized settings for all common forex pairs.

Real Time Broker Shield™

Keeps shady brokers from trading against you by guarding your trade information.

Most Popular Forex Robot

The #1 choice of professional forex traders using expert advisors.

Simple To Setup And Use

Designed for any skill level. Get up and running in less than 5 minutes.

Best and Most Trusted Forex Brokers

Based on regulation, award recognition, mainstream credibility, and overwhelmingly positive client feedback, these six brokers stand out for their sterling reputations:

NoBrokerRegulationMin. DepositPlatformsAccount TypesOfferOpen New Account
1.RoboForexFSC Belize$10MT4, MT5, RTraderStandard, Cent, Zero SpreadWelcome Bonus $30Open RoboForex Account
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3.ExnessFCA, CySEC$1MT4, MT5Standard, Cent, Zero SpreadFree VPSOpen Exness Account
4.XMASIC, CySEC, FCA$5MT4, MT5Standard, Micro, Zero Spread20% Deposit BonusOpen XM Account
5.ICMarketsSeychelles FSA$200MT4, MT5, CTraderStandard, Zero SpreadBest Paypal BrokerOpen ICMarkets Account
6.XBTFXASIC, CySEC, FCA$10MT4, MT5Standard, Zero SpreadBest USA BrokerOpen XBTFX Account
7.VantageASIC, CySEC, FCA$50MT4, MT5Standard, Cent, Zero Spread20% Deposit BonusOpen Vantage Account
8.FXTMFSC Mauritius$10MT4, MT5Standard, Micro, Zero SpreadWelcome Bonus $50Open FXTM Account
9.FBSASIC, CySEC, FCA$5MT4, MT5Standard, Cent, Zero Spread100% Deposit BonusOpen FBS Account
10.BinanceDASP$10Binance PlatformsN/ABest Crypto BrokerOpen Binance Account
11.TradingViewUnregulatedFreeTradingViewN/ABest Trading PlatformOpen TradingView Account

“If you don't find a way to make money while you sleep, you will work until you die.”

- Warren Buffett

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