Forex Legend Expert Advisor-(Cost $1250)-Free Unlimited Version

June 23, 2020 2260 226

Forex Legend Expert Advisor Description:

  • Forex Legend Expert Advisor 2 extraordinary strategies combine to form one easy to use professional trading system
  • Strategies designed specifically for long term sustainability
  • Targets a larger number of pips avoiding broker manipulation ( Pip expectancy over 20 pips! )
  • Entry and exit logic operates on Bar Close only. This filters market noise, dramatically speeds up optimizations, avoids stop loss hunting, and ensures proper operation at any broker with a reasonable 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 S1 – 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 S1 – 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 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 price gap
  • Magic Number S1 – Use a unique number for each strategy on every instance of Legend

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 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

  • 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 S1 – 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 S1 – 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 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 price gap
  • Magic Number S1 – Use a unique number for each strategy on every instance of Legend

Strategy Two

  • Use Trading Hours – Set true to use trading hours
  • 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)
  • Sunday
  • Monday
  • Tuesday
  • Wednesday
  • Thursday
  • Friday
  • Trade NFP Friday
  • Trade Thursday Before NFP
  • Trade Christmas Break
  • Day To Begin X-mas Break
  • Trade New Years Holiday
  • Day To Return after Break
  • 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

Test Results

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