Legend Wall Street
- Experts
- Ramil Minniakhmetov
- Version: 4.0
- Updated: 11 March 2022
- Activations: 5
Legend Wall Street - finds the zones of the expected market reversal using dynamic Fibo zones, after that it waits for a confirmation signal from the high or low price levels. The EA has the ability to close positions not only by take profit, but also by the Fibo level of the indicator.
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Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller
Inputs Value
· Open new series – True/False – EA will open another series of orders (enable/disable)
· Trade Buy – True/False – EA will buy or not buy (enable/disable)
· Trade Sell – True/False – EA will sell or not sell (enable/disable)
· Manage manual orders – True/False – If true EA will manage manual orders (enable/disable)
· Use hedge – True/False – EA will hedge (buy and sell)
· Order Comment – Type in comment of your choice
· Max spread (0-not use) – Maximum spread allowed
· Start Hour – the hour that the EA will start trading
· End Hour – the hour that the EA will stop trading
· Magic - the number for the EA to recognize it’s own positions
· Max buy orders – Maximum buy orders allowed
· Max sell orders – Maximum sell orders allowed
· Initial Lot – Start lot
· Autolot – True/False - enable/disable auto lot calculation
· Autolot size – Amount of the deposit on which start lot is to be used when auto lot is True
· Lot multiplier – Lot multiplier for subsequent orders
· Max Lot – Maximum lot size that can be opened by EA
· TP (0-not use) – Take profit in pips
· SL (0-not use) – Stop loss in pips
· Overlap last order – True/False – The first and last order will close together and cancel each other out to reduce draw down (enable/disable)
· Overlap last order number – At what order number will the overlap start?
· Overlap percent – The percentage profit after first order will close in loss and last order will close in profit, recovering the loss plus X percent
· Pause between orders (min 0 – not use) – Amount of minutes to pause between orders
· Fix distance – The distance between orders
· Order dinamic distance – From which order will the dynamic distance begin (number)
· Dynamic distance start –This value sets the distance between first order and market price, where the dynamic distance will begin
· Distance multiplier – The multiplier factor for increasing distance between orders
I have been utilizing the Legand Wall Street EA for over a month now, and I must say it has been a good experience. Unlike other expert advisors, this EA stands out with its unique approach to trading. One of the standout features of the Legand Wall Street EA is its ability to maintain a low and reasonable drawdown. This has instilled confidence in me as a trader, knowing that the risks are well-managed. Additionally, I appreciate that I no longer need to worry about high-risk news events, as the EA handles them effectively. What sets this EA apart from others is its approach to trading. Instead of constantly seeking quick profits, it takes a more patient approach that may span a few days. However, the results have been impressive, with consistent and satisfying profitability. I was pleasantly surprised by the simplified property menu of the Legand Wall Street EA. It made the setup process incredibly easy, even for someone like me who is not a tech-savvy trader. The user menu is also well-designed and provides useful features that enhance the overall trading experience. While I highly recommend using the Legand Wall Street EA for most trading scenarios, I would advise against using it for Bitcoin and indices. Based on my experience, there is a higher risk of encountering significant drawdowns in the crypto market. Overall, the Legand Wall Street EA has earned its place as a valuable addition to my trading system. Its impressive performance, combined with user-friendly features, has made it a reliable tool in my trading arsenal. I look forward to continued success with this EA and would recommend it to fellow traders.