- Comments (8)
- What's new
- News After will NOT place stop orders before the news. It will place market order following the trend after the news.
- News After does NOT trade news simply based on its impact (High, Medium) from calendars. It trades selected news based on historical backtest performance. It will not trade some high-impact news, but will trade several medium-impact news.
- News After will open positions only when the news moves the market significantly. Otherwise, it will not open any positions at all. Trading parameters will be optimized each time based on current market volatility.
It can trade up to 27 symbols, including: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD,NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY.
Recommended timeframe: M1.
It will trade 34 news events, including CPI, Employment Change, and many others.
Please PM me to request txt file to backtest and other FAQ questions as the article describing the EA is currently pending for moderator's review.
Magic: individual magic number. The EA will only manage positions of this magic number.
TradeMultipleCurr: set to True if trade multiple currencies on one chart. If false, will only trade the current symbol.
After the release of non-farm payroll, the EA will detect entry signals for USDCAD and USDCHF, it will not open any position for USDJPY.
It is highly recommended to use a broker that provides very tight spread.