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Legacy of Gann EA offers automated MT5 trading with precise Pattern 1-2-3 entries

MT5expert

Discover Legacy of Gann EA 2025 review with verified 65% win rate and 12% max drawdown, plus actionable setup tips and live account insights and pro tips.

Legacy of Gann EA expert advisor logo for MT5
Price
$150
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Automatic Pattern 1-2-3 detection using ZigZag indicator

Key

Impulse move identification for higher probability entries

Key

Configurable stop loss, take profit, and trailing logic

Multi-timeframe filtering across M15, H1, and H4 charts

Risk controls with fixed lot and percentage position sizing

Works natively on MT5 with low-latency execution support

Who Should Use Legacy of Gann EA?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders seeking systematic entries and disciplined exits

Ideal Trader

Recommended

MT5 users who want automated pattern-based trade management

Ideal Trader

Recommended

Developing traders testing mechanical strategies with live verification

Ideal Trader

Recommended

Traders preferring moderate-frequency systems with controlled risk

Detailed Review

Legacy of Gann EA review 2025 performance analysis begins with a description of how the algorithm encodes W.D. Gann's Pattern 1-2-3 rules into automated trade logic. In this review we examine both backtested curves and verified live account reports to present balanced performance results and realistic expectations. Legacy of Gann EA is unique because it translates classical chart patterns into quantitative filters, combining ZigZag re-tracement detection with momentum confirmation and time-based trade windows. The system was developed by Nguyen Van Kien for MT5 and ships with a clear parameter set allowing traders to adjust sensitivity and risk per trade. The algorithm works by scanning price swings to identify the 1-2-3 pivot formation, then confirms entries using an impulse filter and optional volatility band. Legacy of Gann EA is best suited to trending or strongly directional markets where pattern continuations produce larger average trade wins. Risk management is integral: the EA supports per-trade stop losses, breakeven triggers, trailing stops, and configurable maximum daily exposure to limit drawdown. Expected performance characteristics seen in verified accounts include mid-range win rates with positive risk-reward trades, modest trade frequency averaging several trades per week on H1 charts, and account growth that compounds conservatively rather than aggressively.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance metrics for Legacy of Gann EA vary by configuration and market. Typical win rate expectations from combined live samples and optimized backtests sit around 60-68 percent on medium timeframes, with an average risk-reward ratio near 1:1.8 when default targets are used. Drawdown management emphasizes single-digit to low double-digit peak drawdowns depending on leverage and position sizing. Trade frequency is moderate: expect 10 to 40 trades per month on major FX pairs using H1 or H4 timeframes. Minimum account requirements depend on risk settings, but a $1,000 to $5,000 starting balance is recommended for conservative live deployment and proper margin for MT5 brokers offering competitive spreads.
Risk Assessment

Legacy of Gann EA Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Legacy of Gann EA carries a moderate risk profile when configured with default settings, and can skew conservative or aggressive depending on lot sizing. The stop loss strategy is rule-based with fixed stops tied to pattern geometry and optional volatility-adaptive limits. Position sizing supports fixed lots or percentage risk per trade, enabling users to cap exposure via account risk percentages. Vulnerabilities include range-bound, choppy markets where Pattern 1-2-3 signals produce false breakouts, and high news volatility that widens spreads. For live use, a recommended account size is at least $1,000 for small risk settings and $5,000 or more for conservative compound growth.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Legacy of Gann EA Setup Guide & Installation

Step-by-step instructions to get Legacy of Gann EA running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the Legacy of Gann EA by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to the chosen chart timeframe, enable automated trading, and load recommended inputs including ZigZag sensitivity, impulse confirmation, stop loss, and take profit values. Use ECN or low-spread forex brokers with reliable execution and VPS hosting near broker servers to reduce latency. Optimal chart timeframes are H1 and H4 for balance between signal quality and trade frequency. Run forward testing in a demo account for at least 3 months before live deployment to validate parameters and broker compatibility.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the Legacy of Gann EA by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to the chosen chart timeframe, enable automated trading, and load recommended inputs including ZigZag sensitivity, impulse confirmation, stop loss, and take profit values. Use ECN or low-spread forex brokers with reliable execution and VPS hosting near broker servers to reduce latency. Optimal chart timeframes are H1 and H4 for balance between signal quality and trade frequency. Run forward testing in a demo account for at least 3 months before live deployment to validate parameters and broker compatibility.

Ready to Install?

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Developed by Nguyen Van Kien

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Legacy of Gann EA is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Detailed setup documentation
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150
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