news Expert Advisor

[AndyTrader]

Hey all,

good tool for trading on news fluctuations. Easy to use:
Step 1: set news time and name/comment for you (use terminal time - Market watch)

Step 2: set lot size, distance in Pips for upcoming Buy/Sell stop orders (above/below the current price). You will see 2 lines (blue and red) on X distance from the price 1 minute before the time you set. Lines will move up and down and strictly follow the price on distance Pips

Step 3: 5 sec before news time you get 2 stop orders.

Step 4: You may set cancellation time is seconds. By default its 60 sec. In 60 seconds both stop orders will be removed. If you get a BUY or SELL order - it will cancel other stop order.



file is attached.

[dangtrader]

Originally Posted by AndyTrader

Hey all,

good tool for trading on news fluctuations. Easy to use:
Step 1: set news time and name/comment for you (use terminal time - Market watch)

Step 2: set lot size, distance in Pips for upcoming Buy/Sell stop orders (above/below the current price). You will see 2 lines (blue and red) on X distance from the price 1 minute before the time you set. Lines will move up and down and strictly follow the price on distance Pips

Step 3: 5 sec before news time you get 2 stop orders.

Step 4: You may set cancellation time is seconds. By default its 60 sec. In 60 seconds both stop orders will be removed. If you get a BUY or SELL order - it will cancel other stop order.



file is attached.

How do you copy with high latency issue? it's not an easy thing to earn trading news if your connection isn't fast enough