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
- 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
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
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.
- 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
- 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:
No | Broker | Regulation | Min. Deposit | Platforms | Account Types | Offer | Open New Account |
---|---|---|---|---|---|---|---|
1. | RoboForex | FSC Belize | $10 | MT4, MT5, RTrader | Standard, Cent, Zero Spread | Welcome Bonus $30 | Open RoboForex Account |
2. | AvaTrade | ASIC, FSCA | $100 | MT4, MT5 | Standard, Cent, Zero Spread | Top Forex Broker | Open AvaTrade Account |
3. | Exness | FCA, CySEC | $1 | MT4, MT5 | Standard, Cent, Zero Spread | Free VPS | Open Exness Account |
4. | XM | ASIC, CySEC, FCA | $5 | MT4, MT5 | Standard, Micro, Zero Spread | 20% Deposit Bonus | Open XM Account |
5. | ICMarkets | Seychelles FSA | $200 | MT4, MT5, CTrader | Standard, Zero Spread | Best Paypal Broker | Open ICMarkets Account |
6. | XBTFX | ASIC, CySEC, FCA | $10 | MT4, MT5 | Standard, Zero Spread | Best USA Broker | Open XBTFX Account |
7. | Vantage | ASIC, CySEC, FCA | $50 | MT4, MT5 | Standard, Cent, Zero Spread | 20% Deposit Bonus | Open Vantage Account |
8. | FXTM | FSC Mauritius | $10 | MT4, MT5 | Standard, Micro, Zero Spread | Welcome Bonus $50 | Open FXTM Account |
9. | FBS | ASIC, CySEC, FCA | $5 | MT4, MT5 | Standard, Cent, Zero Spread | 100% Deposit Bonus | Open FBS Account |
10. | Binance | DASP | $10 | Binance Platforms | N/A | Best Crypto Broker | Open Binance Account |
11. | TradingView | Unregulated | Free | TradingView | N/A | Best Trading Platform | Open 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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Top Forex Brokers
MOST POPULAR FOREX ROBOT
Number One Robot for Forex Trading.
Based on Price Action and Trend Analysis with Artificial Intelligence.
Works Best with EURUSD & XAUUSD.
You can use this EA on Multiple Accounts with Life Time Premium Support.
MyFXbook, FxBlue & Live Trading Verified.
Monthly Expected Profit is 20% to 200% with very Less Drawdown.
Millionaire Gold Miner Pro FX Scalper EA + Settings + Unlimited License (MT4)
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