LEGEND EA – Strategies designed specifically for long term sustainability
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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 – 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 pips 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 Legend
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