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Michael David Bender
Howdy! As promised, I have released Legacy Alpha Live which uses the same trading algo as Legacy Alpha Demo. I decided to start with a fresh new broker account with the minimum recommended $2500 balance for MQL5 to start with clean statistics. Although I have complete faith in this signal, I'd recommend subscribing to the Legacy Alpha Demo signal for now to test your broker and MT4 trading latency. It's free, so why not? This is a strategy I always use before going live with any signal. Just remember that Legacy Alpha Demo & Live will have very slight variations in trades since they are running in different MT4 terminals. Other than that, they are exactly the same.
Legacy Alpha Demo : https://www.mql5.com/en/signals/1246669
Legacy Alpha Live : https://www.mql5.com/en/signals/1258484
Now let's talk about performance. Last week, news about US inflation fears brought some nice volatility to our USD pairs which is always a good thing. All trades were closed at the end of the week except for EURUSD which maintained its low level and ended in sideways trading Friday. I'm hoping EURUSD will do a nice correction early this week to close up the open positions and bring some nice profits. As shown below, Legacy Alpha Demo had a nice increase in balance bringing up our total 54-week growth to 190%. Again, being steady and safe is what this signal is all about!
Legacy Alpha Demo : https://www.mql5.com/en/signals/1246669
Legacy Alpha Live : https://www.mql5.com/en/signals/1258484
Now let's talk about performance. Last week, news about US inflation fears brought some nice volatility to our USD pairs which is always a good thing. All trades were closed at the end of the week except for EURUSD which maintained its low level and ended in sideways trading Friday. I'm hoping EURUSD will do a nice correction early this week to close up the open positions and bring some nice profits. As shown below, Legacy Alpha Demo had a nice increase in balance bringing up our total 54-week growth to 190%. Again, being steady and safe is what this signal is all about!
Michael David Bender
Hello everyone! Well, Legacy Alpha Demo ended the first week of November with a 3.5% gain with an extremely low drawdown. I love weeks like this with respectable volatility but without lengthy (and long) swings.
Legacy Alpha Demo
https://www.mql5.com/en/signals/1246669
This coming week, I plan to start Legacy Alpha Live! I want to start this new live signal with a beginning balance of $2,500 (minimum recommended) with 1:200 leverage in order to provide a signal that anyone can follow. I will be withdrawing profits at regular intervals, perhaps when the balance reaches $3,000 or perhaps $3,500. Although a new signal, traders interested can compare the trades of Legacy Alpha Demo and Live to ensure that trading is very similar. Why not exactly? Because the automation will be running in different MT terminals and thus subject to the quirks of CPU delays and network latency. Please keep this in mind should you decide to follow any of my signals. Signal copying latency along with your broker latency (and broker quotes) will always produce slightly different results. Many thanks!
Legacy Alpha Demo
https://www.mql5.com/en/signals/1246669
This coming week, I plan to start Legacy Alpha Live! I want to start this new live signal with a beginning balance of $2,500 (minimum recommended) with 1:200 leverage in order to provide a signal that anyone can follow. I will be withdrawing profits at regular intervals, perhaps when the balance reaches $3,000 or perhaps $3,500. Although a new signal, traders interested can compare the trades of Legacy Alpha Demo and Live to ensure that trading is very similar. Why not exactly? Because the automation will be running in different MT terminals and thus subject to the quirks of CPU delays and network latency. Please keep this in mind should you decide to follow any of my signals. Signal copying latency along with your broker latency (and broker quotes) will always produce slightly different results. Many thanks!
Michael David Bender
Hello everyone! I've finally decided to release a signal that stems from my trading accounts. I just registered as a MQL5 seller (though been a member since early 2020), so please be kind as I'm new to this. I'm first releasing Legacy Alpha as a DEMO to learn more about being an MQL5 seller *and* to allow others to freely follow the signal to see if it works with their broker and trading setup. I've paid for many signals that I could not replicate the results and wasted time and money, and I won't let this happen to my followers. I do not come from a professional trading background, but instead, I've learned from experience over the past years. So here is Legacy Alpha! I started this account with 20k and have let it run (with tweaking along the way) for one year now. History speaks for itself, and you can decide if it's right for you :-)
Legacy Alpha Demo
https://www.mql5.com/en/signals/1246669?source=Site+Profile
Legacy Alpha Demo
https://www.mql5.com/en/signals/1246669?source=Site+Profile