Forex Legend EA FREE Download

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 opened Positions using Forex Legend EA 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 Forex Legend EA 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