The OCO News Order Manager Expert Advisor is designed for trading on news.

Thanks to its convenience and ease of use, this tool will be an excellent assistant when making quick deals during the news release.

We recommend testing the Expert Advisor on a demo account to understand what settings to use for your broker’s quotes.

The Expert Advisor is suitable for use in all markets.

During the news release, the broker can change the spread, pay attention to this.

• Opens pending stop orders a few seconds (according to the settings) before the news release time.
• Support of pending orders opened before the news release.
• Trailing stop of open positions after the news release.
• Delete all pending orders after the specified number of seconds after the news release.
• Delete opposite orders when one of the orders is activated.
• The ability to choose between pending and market orders.

• MagicNumber – magic number
• TypeOrders – types of orders
• Pending orders-BUY_STOP and SELL_STOP pending orders
• Market – BUY and SELL market orders (in this case, only two lines of the floating price of the order will be shown, the order will open when the lines are reached)
• News Date – time of the news (time of the broker)
• POSITIONS SETTINGS – position settings
• Start a number of Seconds before News – start working for the specified number of seconds before the news release (the EA places BUY STOP and SELL STOP orders for the current symbol)
• Delete pending a number of Seconds After News-delete pending orders after the specified number of seconds after the news is released
• BUY – distance to the order in points
• SELL – distance to the order in points
• Max Slippage – maximum allowable slippage, managed directly in MetaTrader 4
• Delete opposite pending order after go to market-delete pending orders when opposite pending orders are triggered
• MONEY MANAGEMENT – Money management
• Max Operations for session – maximum number of transactions per session (0 – unlimited)
• Lots – the lot size.
• Trailing Stop – trailing stop in points (0 – not used)
• StopLoss-stop loss in points (0 – not used)
• Target – profit target in points (0-not used)

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• Pending orders-BUY_STOP and SELL_STOP pending orders
• Market – BUY and SELL market orders (in this case, only two lines of the floating price of the order will be shown, the order will open when the lines are reached)

• Start a number of Seconds before News – start working for the specified number of seconds before the news release (the EA places BUY STOP and SELL STOP orders for the current symbol)
• Delete pending a number of Seconds After News-delete pending orders after the specified number of seconds after the news is released
• BUY – distance to the order in points
• SELL – distance to the order in points
• Max Slippage – maximum allowable slippage, managed directly in MetaTrader 4
• Delete opposite pending order after go to market-delete pending orders when opposite pending orders are triggered

• Max Operations for session – maximum number of transactions per session (0 – unlimited)
• Lots – the lot size.
• Trailing Stop – trailing stop in points (0 – not used)
• StopLoss-stop loss in points (0 – not used)
• Target – profit target in points (0-not used)

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