Robot ONLY opens positions before news and closes them after news released. No back-testingoptimization required as its a real time thing. You can drop EA forex ea needed on chart and immediately open position.
You also have an option to enter a specific date and time of the news being released. With this Robot you win big (High volatility conditions) and lose small (Low volatility conditions). Your job is to cherry pick High Volatility News , rather then finding "Holly Grail" FX indicatorsystem. Specify date and time of the news (your local PC time).
Close all positions if Maximum Loss in % from your initial balance reached. Close all positions after news (in minutes) released if no Stop Losses triggered. A trader sets the date and time of the news to agimat eastwood be released. At user-specified time EA, (in Seconds Before News), opens 2 simultaneous Market (NOT Limit Orders) positions Buy and Sell.
Automated trading platform When it emerges.Initial Stop Loss (platform trading automated Stop Loss before News) is set by user. The idea is your Stop Loss isnt triggered BEFORE news release. At user-specified time (in seconds before news, the closer the better. For example 5 seconds before news time) EA updates initial Stop Loss to a final ones (Updated Stop Losses). Lets say you initially set your Stops at 200 pips value. 5 seconds automated before trading platform the news you may want to update your stops to a conservative 5 pips. If during these 5 seconds (between positions opened and news released) your Stop LossLosses triggers, EA will automatically open the closed partparts of your trade. So, EA will ensure you will have both automated trading platform Buy and Sell positions at time of News release. The limitation is only the time of triggered Stop Loss is too close to time of news being released (usually splits of a second), and the speed of your Brokers orders execution. Once News is released, one of your positions will trigger Stop Loss, and other position automated trading platform is continue to see a profit. If volatility IS NOT high enough and your platform trading automated Stop Loss is relatively wide, both your automated trading platform positions may survive.
Trading strategies, buying and selling of financial and the pricing lost any trade. Package runing automated trading platform with features to have huge forex broker in house computer to do all the required work.Automated trading platform Wait_After_News : the amount.
Automated trading platform And.In a mean time, you want to prevent your Stop Losses from triggering. So, set your initial SL as wide as possible, say 100 or even 2000, depends on your trading instrument.
In another words, maximum drop in pips from the up-do-date high of traded instrument.
Google "Trailing Stop" for more explanations of the feature. After a user-specified time in minutes (Minutes after News), the program will close ALL Positions on remainingsurvived positions (If either SL or Profit Taking never triggered).
You can specify a maximum spread youre willing to pay. To guarantee having orders opened, you may want to set the spread a bit wider from average spread. During high volatility time, such as set and forget daily forex strategy News releases, its ONE SIDE trade. Its possible that your Stop Loss or Take Profit values slips from your quote.