News Trader Pro is a unique robot that allows you to trade on the news according to your strategy. It downloads all the news from several popular Forex websites. You can select any news item and set up a strategy to trade on it, and then the News Trader Pro Expert Advisor will automatically trade on the selected strategy on this news item.
The news release allows you to win pips, since at this time, as a rule, a large price value occurs. Thanks to this tool, trading on the news has become easier, more flexible and more interesting. You no longer wait, miss, or confuse anything. Set up the Expert Advisor to release important news once a week, and it will trade on all these news according to the strategy you set.
Restriction: This demo version shows only news with a small impact on the market and does not allow you to configure strategies. All these features are available in the full version:
Note: if you only want to download news (without trading), check out the News Loader Pro product:
Restriction: This demo version shows only news with a small impact on the market and does not allow you to configure strategies. All these features are available in the full version:
Note: if you only want to download news (without trading), check out the News Loader Pro product:
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- It contains all the features of the News Loader Pro program.
- Builds your strategy for each news item with very flexible parameters.
- Supports five current strategies with a large number of control parameters (SL, TP, Trailing, Grid spacing, lot size control, etc.).
- Trading on each news item works independently and does not conflict with other news items.
- Uses advanced technology to minimize slippage on the news release.
- Trades on all news and all symbols on just one chart, no need to run the robot on each one.
- Allows you to set up and cancel a trading plan after installation.
- Simple description and illustrations inside the tool, so that even an amateur can easily understand the strategies.
Contains all the features of the News Loader Pro program (see the details).
Click on any news item and set a trading plan for it. The following strategies are supported:
1. Predict the news (Predict the news)
A very simple strategy, predict the direction of the market movement after the news release, and then set up sending buy or sell orders before the news release. This method allows you to maximize profits and avoid slippage because the order is opened in a still calm market. However, this strategy can empty the account if you choose the wrong direction. This is for those who like to take risks.
2. Pending trap)
A classic strategy that places two opposite pending stop orders before the news release in order to catch a breakout. Regardless of the direction of the price movement, we expect a big jump, and it will trigger one of the pending orders. In rare cases, you can try to use limit orders instead of stop orders in anticipation of a reversal of the price movement. As part of this strategy, it is very important to set the appropriate stop loss, take profit, and trailing stop levels.
3. Grid pending trap)
It is similar to a deferred trap, but it places several pending orders (a grid of orders). This strategy catches smaller price movements in parts and sums them up in the final result.
4. Martingale pending trap)
Also known as the “No More Losses” strategy, the Martingale strategy uses lot increases to cover previous losses (if any). This is very convenient when used on news, when the price usually makes a jump. However, do not use too large an initial lot size, as in the case of spikes on the news, a margin call may occur before the price goes in one direction.
5. Based on the report (Based on actual report)
The strategy waits for the news report to load, then compares it with the forecast/previous data and decides on the direction of trading. This strategy is suitable for important news that affects the market in the medium and long term.
- Fixed pending: Pending orders are placed at a fixed level, but they may not work correctly before the news release in case of price fluctuations.
- Floating pending: Pending orders are always located at a certain distance from the current Bid/Ask price before the news release. Such orders are usually triggered only after the news is released.
- For some parameters, a value of 0 means that they are not used (SL, TP, Trailing, Cancel time) or unlimited (martingale loop times – the number of martingale cycles).
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