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Multi-Strategy Trend EA Description :

Legend Expert Advisor

Legend is a fully automated multi-strategy trend following and breakout trading robot.

Strategy one trades volatility breakouts, and strategy two trades breaks of support and resistance. Together they combine into one professional complete trading system.

With advanced trade monitoring, position management and safety features you can set Legend free on your trading account and go on with your life. True set and forget automated trading can be deployed and working for you in minutes

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

Multi-Strategy Trend EA Settings

Universal Variables

• 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

Multi-Strategy Trend EA Results:

Multi-Strategy Trend EA Download:

[+ForexWikiTrading.com]Legend Expert Advisor