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Good day
Can please design for me a Trading news EA that will be based on Pending orders (BUY STOP and SELL STOP) and Market executions
Please design the MT5 and MT4 version
The News trading robot or Expert Advisor (EA) that is based on a well-known trading strategy called “the straddle trading strategy” combined with market execution.
Straddling is described as a method of simply placing two pending orders before news is released, a buy-stop and a sell-stop. The essence of this is to set a trap to capture market moves after a news release which may go either way. If a news release comes out bullish, a bullish spike would trigger the buy-stop and hopefully the trader can make some money, same applies to bearish spikes.
On the market execution side, is when the user guessed that the new will go into a certain direction, then the USER can choose a BUY OR SELL before the news is released.
The user can choose the EA to work on pending orders only, market execution only or both.
Please refer to the attached link for further details
https://docs.google.com/document/d/1cwcfugHHyIYpziEK1OXSp0w6r2qRvrV7/edit?usp=sharing&ouid=117584864965972698136&rtpof=true&sd=true
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