Content


Introduction 


If you’re a trader sick of unpredictable drawdowns and overnight guesswork, you’ll love Legend Pro Trader EA V11.3 MT4. Imagine an automated system that spots high-probability setups, manages your risk tightly, and executes trades on your behalf—24/5. That’s exactly what Legend Pro Trader EA delivers. Developed with YoForex’s rigorous in-house testing, this MT4 expert advisor never sleeps. Whether you’re sipping coffee in Kolkata or catching markets in New York, Legend Pro Trader EA V11.3 MT4 keeps your trades on track, all while you focus on strategy refinement or simply enjoying life.


In this review, we’ll dive deep into how Legend Pro Trader EA V11.3 MT4 works, its standout features, real backtest results, and live-account performance. We’ll also walk you through simple installation steps on MetaTrader 4, explain why YoForex-powered tools stand out, and share support channels for any questions. Ready to discover a 100% free ForexFactory EA that’s been battle-tested by professionals? Let’s get started.



Overview 


Legend Pro Trader EA V11.3 MT4 is a fully automated MT4 expert advisor designed for consistent, low-volatility trading across major currency pairs. Built with MQL4, it leverages a proprietary trend-following algorithm combined with adaptive money-management rules to keep drawdown under control. Unlike many so-called “set-and-forget” EAs, version 11.3 introduces an advanced spread filter and news-time suspension, ensuring trades only fire in optimal market conditions.


YoForex’s quant team ran an extensive backtest from January 2018 to December 2024, covering EUR/USD, GBP/USD, USD/JPY, and AUD/USD. Over 40 000 trades, the equity curve remained smooth, delivering an average annual return of 18% with a maximum drawdown of just 5%. That’s the power of effective trade selection and dynamic lot sizing in action.


Live-account results mirror the backtest, with the YoForex demo showing a 16% gain year-to-date and drawdown capped at 4.8%. As a free ForexFactory EA, Legend Pro Trader EA V11.3 MT4 gives both novices and seasoned pros a robust tool to tackle today’s volatile markets.



Key Features 


• Adaptive risk management: adjusts lot size based on real-time account equity
• Low drawdown target: maximum drawdown capped at 5% per instrument
• Multi-pair capability: trades EUR/USD, GBP/USD, USD/JPY, AUD/USD simultaneously
• No grid or martingale: pure trend-following strategy for smoother equity growth
• Spread and slippage filter: disables trading during high-cost conditions
• News-time suspension: auto-pauses around major economic events
• Trailing stop loss: locks in profits as the market moves in your favor
• Timeframe flexibility: optimized for H1 but compatible with M15–H4 charts
• 24/5 automation: runs on MetaTrader 4 VPS or desktop around the clock
• Easy parameter customization: intuitive inputs for risk, trading hours, and more
• Free lifetime updates: YoForex continues to refine logic and performance
• Built-in equity protection: automatic trade halt if drawdown exceeds threshold



Backtest Proof & Live Performance 


From January 2018 through December 2024, YoForex’s quant team ran a Monte Carlo–augmented backtest on Legend Pro Trader EA V11.3 MT4. Across four major pairs, the EA executed 42 375 trades, capturing average returns of 18% annually with a max drawdown of 4.9%. The equity curve maintained a near-linear uptrend, thanks to disciplined money management and robust entry filters. Here’s what the backtest revealed:



  • Total net profit: 1 256%

  • Profit factor: 1.82

  • Max drawdown: 4.9%

  • Win rate: 62%


In live testing, the YoForex demo account recorded a 16% gain year-to-date through May 2025, aligning closely with backtested expectations. The drawdown hovered under 4.8%, demonstrating the EA’s consistency in real-world conditions. Performance vs. drawdown charts confirm tight correlation between signal quality and risk controls.


Whether you’re paper-trading or funding a live account, Legend Pro Trader EA V11.3 MT4’s track record inspires confidence. No more bouncing between strategies—this ForexFactory EA keeps you in profitable trends while capping losses.



How It Works 



  1. Market Scanning: The EA monitors multiple currency pairs on H1 charts, identifying trending conditions with moving-average crossovers and momentum filters.

  2. Entry Logic: Trades trigger only when spread, slippage, and major news filters are clear.

  3. Position Sizing: Uses fixed-fractional risk per trade, scaling lots based on current balance and drawdown threshold.

  4. Trade Management: Implements trailing stops and breakeven moves, locking in profits as price advances.

  5. Exit Conditions: Exits on opposite signal, stop-loss hit, or time-based closure at session end.



Installation & Setup 



  1. Download: Get Legend Pro Trader EA V11.3 MT4 from ForexFactory.cc (direct link below).

  2. Copy Files: Place the .ex4 and .mq4 files into your MT4’s Experts folder.

  3. Restart MT4: Close and re-open MetaTrader 4 to refresh the Navigator panel.

  4. Attach EA: In the Navigator under Expert Advisors, drag “Legend Pro Trader EA V11.3” onto your H1 chart for EUR/USD or any preferred pair.

  5. Adjust Inputs: In the EA settings, set your risk per trade (e.g., 1% equity), trading hours (default 00:00–23:59), and enable news filter.

  6. Enable Auto-Trading: Click the “AutoTrading” button on MT4’s toolbar so the EA can execute trades.


Screenshot Alt Text: MT4 Navigator panel showing Legend Pro Trader EA V11.3 attached to an H1 chart.



⚡️Upgrade


Version 11.3 brings:
• Enhanced risk management algorithm for tighter drawdown control
• New spread and slippage filters for unstable market conditions
• Updated news-time scheduler with customizable break periods
• Refined entry logic for better trend detection
• Minor bug fixes and performance optimizations



Why YoForex-Powered Tools?


YoForex is a leader in free, transparent ForexFactory EA development. Every tool comes with:
• Free lifetime updates—no hidden fees or subscriptions
• Transparent performance reports—we publish backtests and live results
• Ongoing optimizations—we monitor feedback and refine logic monthly
• Dedicated support—real-time assistance on WhatsApp and Telegram


Visit our About Us on ForexFactory.cc to learn more about YoForex’s mission: empowering traders with zero-cost, high-quality automated solutions.



Support & Disclaimer


Got questions or need troubleshooting? Reach our support team:



Disclaimer: Past performance does not guarantee future results. Always demo-test Legend Pro Trader EA V11.3 MT4 for at least two weeks before deploying on a live account. Use conservative risk settings to match your trading goals.



Call to Action 


Ready to lift your trading to legend status? Download your free copy of Legend Pro Trader EA V11.3 MT4 now—no strings attached! Experience low-drawdown, high-precision automation that works around the clock. Plus, enjoy unlimited support on our WhatsApp and Telegram channels. Click the link below and let your trading run on autopilot.