Hi there,
Who have tried Forex Legend Ea? Ive heard this robot losses all money during some period. I’ve been trading with it few month but its still ok, even have a profit. Did anybody have problem with it?
Here is the truth…No i have not and will never buy Forex Legend…Why you may ask?..it is not a 100% scam…but it IS an Ea that is available for download for free. The original creator is on myfxbook. His username is cacus and his EA is called EA Maccimo. This proves that people spend hundreds of thousands of Dollars to steal and reinvent peoples work…so sad…
Who knows, maybe a scam, but this is my first EA and its trade fine. I’ll see how this robot will trade in future, and then I can say scram it or not.
If you take a look at what little information they actually allow you to see regarding the live accounts published at myfxbook you should immediately see a huge red flag. Look at the percentage of the account being lost in each of the consecutive losing months, assume the most conservative position size you could have applied, look at the starting balance of the account, and engage brain. 
Noone who’d actually reviewed the live statements would ever be dumb enough to purchase this thing.
You wont fnd the same issue with the demo accounts, but of course there’s a perfectly sound reason for that
I also had to laugh at the 170 lot trade with the 700 pip stop loss ! its a pity they took that particular statement down, it was another great example of why this thing sucks.
This one is a scam. It is a copy of maccimo v2 which is a free ea and besides its performance is terrible.
Thanks for your interesting information guys, I didn’t verify this 'couse Im noob, I’m just learning to trade. But also I’ve already have bought the Forex Legend, I don’t know anything about system do the robots use, but meanwhile my Forex Legend trades fine, I don’t know how it will trade in future, maybe will loss but I hope it will bring me a money. Anyway, 200$ is nothing, robots profit has already covered almost all price and if I would be trading by myself I would lost all my money last week and I don’t regret that I’ve bought this EA
What i lie to do is look around the internet and do some research before I comit to a purchace. I know it is only $200 but the real cost is if it were to blow your account. Do you know how it works? What its money management is? These are some very important questions but if your happy thats great.
Be very carefull what you buy, always a good idea to check out various forums first, plus put the name of the product into google plus the word scam or complaint ie ‘nameofproduct + scam’…
good luck with your trading, i remember 20 years ago when i first started, it can be tough at first.
I tried Forex Legend. Started it on $3000 demo account. It lost about $1000 in just a couple weeks. Needless to say, I think this one is a scam!
I bought this EA. It is actually two EA’s - trendcatcher and scalper. TrendCatcher is dangerous - used on demo and performed extremely badly and I wont use on live account. The Scalper gave me mixed results - sometimes good and sometimes bad. Niether EA will go onto any live accounts. I really bought it for the free ForexMegaDroid EA’s that came free with Legend so will not be asking for a refund. I am disappointed MegaDroid recommended Legend
Megadroid Pro has been worth the purchase. Legend and associated scalper really didn’t do much. Legend had 4 really big losses and no profits (demo). Their scalper had several small profits and then a loss that would wipe out the small profits. I have Megadroid running on a couple demo accounts. I am using default settings. If anyone has any different settings that seem to work better, let me know. So far, results have been pretty good except on days when there is news. I need to remember to shut it off on news days as it seems to get caught in a loss. So far any significant losses have been with news. I think that would be true of any EA bot, even one that works really well… I think news can give them big trouble.
forex legend is the title, but you forgot the subtitle: a legend in losses.
I have actually, and it’s bad. You should always check all your EA needs on Forexpeacearmy. They test most of the EAs there and so far forex legend is doing really bad. Don’t try testing it yourself because it’s a pain to return it considering it’s only a 14 day return policy. And Plimus, which does the payment transaction for you is a jerk. =) so, no legend.
how can you say MD is good?
Garbage EA. Tried it and it would make a few profits, then big loss, over and over. I asked for my money back and finally got it. Now am trying ForexBulletProof. I get more gains than losses on my demo accounts. So far about 1% per week, but I figured out that was due to my brokers being 5 digit. So now I will try money management off and set lot sizes manually to see what happens. Only EA that has shown consistent profits. I also hear good things about Fish Forex Robot. I might try this one next. I have tried a bunch and asked for refunds on all except a couple. I think a good manual system and maybe a couple decent EA’s is the way to go.
I had MD on 3 demo accounts. I would get several small to medium gains then one really BIG loss what would more than wipe out the profits. I finally removed it from all 3 demo accounts. Fap Turbo works fair if you watch the settings. Problem is you have to disable EA’s when news is about to come out. If you do that, Fap and Forex Bullet Proof seem to do ok. But, again you have to watch the news and disable the EA’s. That being said, if you watch the news, you can get some really nice gains… if you are up in the wee hours of the morning… LOL.
they’re mostly all garbage.
can’t believe no-one found that funny.
What winrate does this system have?
If I look at all those fancy names of EAs like legend, prophecy, … I must smile from ear to ear.
How about an EA what is called myth or fake tales or “from 1000 bucks to zero in 2 years” or short f1k20i2y? 
Regarding that copycat: If a coder reveals his EA or/and it’s code for free, then he can expect somebody will steal and sell it. That’s human nature.