I would like to create a straddle EA
Hi everyone.
I would like to create a straddle EA:
Parameters: Currency (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, NZD/USD, USD∕CAD), date (yyyy/mm/dd, hh:mm), leverage.
First i would like to entry 2 pending orders exactly 1 minute before the news release.
I would like to cancel all the pending orders 30 seconds after the news release.
The 2 pending orders would be like that: buy stop at the distance of the spread + 3 ATR (1 minute) from the "ask"; sell stop at the distance of the spread - 3 ATR (1 minute) from the "bid"
One order cancel the other.
A traling stop of the distance of the spread + 3 ATR (1 minute).
The profit target: when the SAR parabolic 1 minute becomes selling for a long trade, when the SAR parabolic 1 minute becomes buying for a short trade.
Thank's for your help!!!
You can first try these two free News EAs available in Codebase:
https://www.mql5.com/en/code/10511
and this one which is pretty close to what you want to do:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
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Hi everyone.
I would like to create a straddle EA:
Parameters: Currency (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, NZD/USD, USD∕CAD), date (yyyy/mm/dd, hh:mm), leverage.
First i would like to entry 2 pending orders exactly 1 minute before the news release.
I would like to cancel all the pending orders 30 seconds after the news release.
The 2 pending orders would be like that: buy stop at the distance of the spread + 3 ATR (1 minute) from the "ask"; sell stop at the distance of the spread - 3 ATR (1 minute) from the "bid"
One order cancel the other.
A traling stop of the distance of the spread + 3 ATR (1 minute).
The profit target: when the SAR parabolic 1 minute becomes selling for a long trade, when the SAR parabolic 1 minute becomes buying for a short trade.
Thank's for your help!!!