«Cm_EA News Candle» News Trading Expert Advisor

«Cm_EA News Candle» News Trading Expert Advisor Review and Download Instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

The given Expert Advisor differs from other Expert Advisors in that it can be tested in a strategy tester to obtain optimal parameters.

The Expert Advisor not only the price action, but the size of candlestick analyzes. It will place orders at the distance equal to step value from a candlestick's open price. If the candlestick's size is more than the step value, then an order will be opened, and an opposite order will be deleted. is important to the Expert Advisor: I recommend using M15, but you can try out other timeframes.

This is a demo-version of the Expert Advisor. You may use it in a Strategy Tester and on demo accounts without any limits. You need to enter a key to start trading on a real account. Learn more ….

There is a topic about the Expert Advisor on the MT5 forum, where you can find more details of its operation, discussion and all its improvements.

cm_EA News Candle.zip 729.2 KiB 1307 Downloads Details Category: Experts Date: 05.04.2014

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.