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Top 10 Forex Expert Advisors in the last decade

Top 10 Forex Expert Advisors in the last decade

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Newcomers to the forex market often experiment with new techniques and methods to generate profits a

#3 Proven Forex Trading Methods That Work

#3 Proven Forex Trading Methods That Work

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Intro. Will $500 a day change your life? –ź 1000$ ? Many people dream of getting that kind of money

Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

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Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

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 choose any news and set up a strategy to trade on it, and then the News Trader Pro Expert Advisor will trade automatically on the selected strategy on this news.

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.

Demo: Since this is not an automatic trading robot (it is semi-automatic), you need to download a separate demo version from the link:

Note: if you only want to download news (without trading), check out the News Loader Pro product:

Demo: Since this is not an automatic trading robot (it is semi-automatic), you need to download a separate demo version from the link:

Note: if you only want to download news (without trading), check out the News Loader Pro product:

  • Contains all the functions of the News Loader Pro program (see details).
  • 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 interval, Lot size control, etc.).
  • Trading on each news item works independently and does not contradict with other news.
  • Uses advanced technology to minimize slippage on the news release.
  • Trades on all news and on all symbols on just one chart, no need to run the robot on each.
  • Allows you to configure and cancel the trading plan after installation.
  • A special function against the spread expansion and for automatic adjustment of the SL/TP distance when news is released.
  • A simple description and illustrations inside the tool, so that even an amateur can easily understand the strategies.
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Click on any news and set a trading plan for it. The following strategies are supported:

1. Predicting the news (Predict the news)

A very simple strategy, predict the direction of market movement after the news is released, and then set up the sending of buy or sell orders before the news is released. This method allows you to maximize profits and avoid slippage because the order is opened in a still calm market. However, such a 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 is released in order to catch a breakout. Regardless of the direction of the price movement, we expect a big jump, and it initiates the triggering of 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 levels of stop loss, take profit and trailing stop.

3. Delayed grid trap (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 summarizes them in the final result.

4. Delayed martingale-trap (Martingale pending trap)

Also known as the ‚ÄúNo More Losses‚ÄĚ strategy, the Martingale strategy uses lot increases to cover previous losses (if any). This is very convenient when used on the news, when the price usually makes a jump. However, do not use too large an initial lot size, as in the case of pins 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 is released in case of price fluctuations.
  • Floating pending: Pending orders are always 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, the value 0 means that they are not used (SL, TP, Trailing, Cancel time ‚Äď cancellation time) or unlimited (martingale loop times ‚Äď the number of martingale cycles).

Warning: Trading on the news involves high risks. It largely depends on the execution of orders by your broker. This is not a fully automatic robot. He only trades according to a custom strategy. You are responsible for the trading results of your chosen strategy.

Warning: Trading on the news involves high risks. It largely depends on the execution of orders by your broker. This is not a fully automatic robot. He only trades according to a custom strategy. You are responsible for the trading results of your chosen strategy.

Key Features of Algorithmic Trading Software

02 October 2014

2.46

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