Legend Trading EURUSD
Expert Advisor Legend Trading EURUSD is programmed with our latest and exclusive algorithms. It is designed specifically for the EURUSD currency pair. EA's strategy combines scalper methods and smart position management methods to optimize market entry and exit points with the goal of optimizing performance and balancing risk. The EA continuously monitors market movements and the correlation between multiple indicators to look for potential and effective trading opportunities.
Note that EA Legend Trading EURUSD has a difference between backtest and live trading, because there are signals synthesized from multi-timeframe correlation between indicators - which MT4 cannot simulate in backtest. Live trading has more trades than backtest and also trades more often.
The EA has been optimized and simple to use. If you do not have experience using EA, you should use the Default Setting with initial capital from $ 300 (with 0.01 lot). The default setting is for EURUSD with no extended characters. If the currency pair name has an extended character, please set the parameter Suffix = extended character.
|Suffix|| not set if there are no extended characters in name EURUSD |
If the pair name is in the form EURUSD.x : set Suffix = .x
|Max Spread||= 25 to 30 (Must be higher than the average spread of the currency pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 2.0 to 5.0 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...)|
|Trailing||= 8 (points)|
|Start Trailing||= 22 (points)|
|Closed all on Friday||= False (or True)|
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Time frame: M5 or any time frame. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 300
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)