What Is Neo the Legend Forex Trading Software?
Neo the Legend
- Neo the Legend offers a unique approach to the markets. It was developed with a
professional investor approach in mind to remove the losing positions as early as
5 of the strongest aspects of this cutting edge systems are:
- Long term mindset: Neo specializes in producing long term profits and not short term candies! It has proven profitable every single year since 2008, according to our extensive back-testing.
- Advanced trade management: True Artificial Intelligence application
- Multi-pair performance: Neo was tested and optimized in a wide variety of FX pairs and commodities such as gold! Best of all, it's fine-tuned to where each pair will have a
specific adjustment internally for the best results!
- Low trade frequency: One of the most significant drawbacks of trading is trade cost, which
increases with the number of trades, so Neo considered this to only trade a handful of times a month (4 on average per pair), which reduces significantly trading
costs, such as commissions and spread!
- Efficiency: Another constraint when using automated systems is overloading your VPS.
So we designed a unique coding structure. It has an ECO mode for the computer with
Track-mode on the yearly historical performance!
The starting balance for Neo The Legend can be as low as $3000. However, please
note that the lower risk settings might not allow all the positions to go through, and it is
advisable not to run all the 13 supported pairs simultaneously.
Can I Setup Neo the Legend on an Unsupported Pair?
- Neo the Legend can't be deployed on an unsupported pair. If an attempt is made with an unsupported pair, Neo the Legend will not start-up, and a pop up will show up, stating, "Neo has stopped."
What Is the Minimum Recommended Leverage for Neo the Legend?
- Low leverage proof
- Has been tested with as low as 30:1 and above
- Can be used with 50:1,100:1, or anything above, as it is not affected by a low leverage account
How Much Drawdown Is Anticipated for Neo the Legend?
What Are the Best Trading Sessions for Optimal Performance Using Neo the Legend?
Neo the Legend is an All-Terrain Machine
- The EA automatically adapts depending on market conditions.
What Is the Best and Worst Market Conditions to Use Neo the Legend?
Neo the Legend uses a Hybrid System so it can be used on both panic and stable market conditions.
- Trend Mode - Panic and Euphoria market | Range
- Intraday Mode - Stable Environment | Uncertainty
What Time Frame Can I Use While Running Neo the Legend?
- Neo the Legend can be deployed on any time-frame.
- The Expert Advisor is designed to adapt regardless of the timeframe automatically.
What Is the Goal of Neo the Legend Forex Trading Software?
- The Goal of Neo the Legend is to design a Robust and Stabile solution for long-term traders.
Can I Run Neo the Legends on All Four Supported Pairs at the Same Time?
- Yes, Neo, the Legend can run on all four pairs at once.
- Depending on your risk tolerance, you may select the appropriate pairs to fit your comfortability.
Aggressive Settings example: If you have a $500 balance, you may choose only to run GBPCAD on Aggressive settings. $2,000.0 would unlock EUR/NZD, GOLD, and GBP/CAD in Aggressive settings. And a $3,000.00 account will be able to run all pairs on Aggressive settings.
What Currency Pairs Can Neo the Legend Work With?
- Trend Mode - GBP/CHF, EUR/NZD, & GOLD
- Intraday Mode - GBP/CAD
What Type of Risk Management Features Does Neo the Legend Have?
Neo the Legend has a pair specific risk profile. This means Neo the Legend will detect which pairs have been deployed and will adjust all the risk management settings to the best ideal settings for that specific pair. You can then make minor adjustments depending on which risk levels you are comfortable with.
- Trend Mode - Variable percentage allocation
- Intraday Mode - Smart cost averaging
What Is the Minimum Balance That Can Be Run on Neo the Legend?
- The Minimum balance that has been tested is $500.00
What Type of Strategy Does Neo the Legend Use?
- Hybrid trend system
- A unique approach to trade short and long term
- intraday mode detects pricing and efficiency to give stability within accounts
What Is the History of Neo the Legend Forex Trading Software?
- Neo The Legend has been in the development process for over 2 years
- Tested on 12 years of data (48+ years combined)
Is Neo the Legend a Set it and Forget It Forex Trading Software?
- This product is not a "Set It and Forget It" Software.
How Many Trades Will Neo The Legend Take?
- Takes 5-15 trades per week on both Neo core & Intraday settings - 2 trades open at a time on average
- Intraday Mode takes 2-3 trades per day