News Trading System | MT4 EA Download-MetaTrader 4 Resources
The news trading system attempts to trade major/medium impact news on all currency pairs using dynamic straddle orders (buy/sell stop) to gauge the momentum and direction of the market. The automatic expiration time is set to 15 minutes after the event starts, which will also cause the order to be automatically canceled if not triggered.
In addition, we will also preset 30 pips stop loss and 7 pips trailing for triggering positions, as well as 50 pips take profit to manage the position.
The results can be found in the TE above as it continues to run by trading major events using only the above techniques, using precise timing/techniques to gain good points.
Courtesy: It uses FF Calendar to get medium/high impact news and a time server to get GMT/UTC times for news matching MT4 time.
In addition, we will also preset 30 pips stop loss and 7 pips trailing for triggering positions, as well as 50 pips take profit to manage the position.
The results can be found in the TE above as it continues to run by trading major events using only the above techniques, using precise timing/techniques to gain good points.
Courtesy: It uses FF Calendar to get medium/high impact news and a time server to get GMT/UTC times for news matching MT4 time.
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