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CAP News Trading

Need to open a pending order at news time or need to open a pending/instant order at a specific time? CAP News Trading is the right tool for you. The CAP News Trading opens pending orders at a specific time or specific date for you avoiding human errors and enhancing your trading activity. It is useful for news traders who open pending orders before the news come out.


The EA performs the following tasks

  • It can open pending/instant orders at a given distance from the current price by the one-click panel.
  • It can open pending/instant orders at a specific day (like on a weekly schedule) and time.
  • It can delete opposite pending orders if one order is triggered (OCO) (optional).
  • It can delete/close pending/instant orders at a specific date/time (optional).
  • This EA can work on a pair or an index.
  • Working with 4 and 5-digit brokers.


Other cool features are

  • One-click trading panel.
  • Check the product in the strategy tester in Visualization mode.
  • You can set Maximum Spread to open a pending order (useful for news traders).
  • Integrated money management: auto lot sizing (optional).
  • You can set a pending order by a floating price.
  • Delete a pending order when the opposite pending order is active (True/False).


Some Important Input Parameters

Order Configurations

  • PendingOrderType – pending order type (stop/limit).
  • PendingBuy – if FALSE, the EA does not open a buy pending order.
  • PendingSell – if FALSE, the EA does not open a sell pending order.
  • Open Pending Order Base On – How EA open pending order:
    1. Fix Distance – Fix distance from current price.
    2. High/Low Level – Pending order open base on highest and lowest price from number of candle. example: you set input 'Number of Candle for High/Low Level=5'. So EA open BuyStop at highest value from latest 5 candle and open SellStop at lowest value from latest 5 candle.
    3. Last Factal Level – Pending order open at latest factal value.
  • PendingDistance – distance between the current price and a pending order (stop/limit). It will work when 'Open Pending Order Base On=Fix Distance'.
  • Number of Candle for High/Low Level – Number of Candle to measure highest and lowest value.
  • OCO – if TRUE, delete a pending order when the opposite pending order is active. Example: At a certain time, the EA opens two pending orders – BuyStop and SellStop. When BuyStop is active, then the SellStop will be deleted.
  • BuyAtMarketPrice – if TRUE, the EA opens buy trades at the current market price instead of placing pending orders.
  • SellAtMarketPrice – if TRUE, the EA opens sell trades at the current market price instead of placing pending orders.

Order on Weekly Schedule Configurations

  • OrderOpenWeeklySchedule – if TRUE, the EA opens a pending/instant order based on the below parameter.
  • TradeOpenTime – set time. You can set multiple time. (Time format: Hours:minutes:seconds. Without this format, it will not work. The example for multiple time is "11:60:00;08:00:59;12:14:59").
  • MondayTrade-FridayTrade – TRUE for trade on Monday to Friday.

Order Date Configurations

  • OrderOpenByDate – if TRUE, the EA opens a pending order based on the below parameter.
  • TradeOpenDate_1-8 – specific date and time for opening a pending order. You can specify 8 different settings for date and time (example: "2013.01.02 00:00:00").

Additional Pending Order Settings

  • ExpirationInSeconds – expiration for a pending order (expressed as seconds).
  • DeletePendingAfterEx – if TRUE, Delete Pending Order After Expiration time reach.
  • DeleteOrderAfterEx – if TRUE, Close Open Order After Expiration time reach.
  • PendingOrderFloating – if TRUE, a pending order will be floating with the current price until a pending order is active.
  • FloatingResetInSeconds – floating reset time in seconds.

Daily Close Trade Time

  • ActiveDailyCloseTime – TRUE, orders are deleted/instant orders are closed after the selected time expires.
  • DeleteAllPendingOrder – TRUE, orders are deleted after the selected time expires.
  • CloseAllActiveTrade – TRUE, trades are closed after the selected time expires.
  • ActiveHour – hour when pending/instance orders are deleted/closed.
  • ActiveMinute – minute when pending/instance orders are deleted/closed.

Trailing/Break Event Management


Important

[TradeOpenTime] parameter requires a specific format. If the format is wrong, it will not work. If you want to set the time, then set it like Hours : Minutes : Seconds (use symbol ":" to divide Hours, Minutes and Seconds. Do not use spaces). If you want to specify more than one time setting, use this symbol ";" to divide one setting from another.

Example: "11:60:00;08:00:59;12:14:59". Here we have three time settings: "11:60:00" , "08:00:59" and "12:14:59" divided by ";". Do not add extra spaces.

All parameters are calculated as points, not pips.


Author

Capilta Business Solutions

Victor Epand
685
2017.01.15 18:57 
 

This EA has good features for news trading and works well.

jinhee
567
2015.11.20 12:08 
 

This is exactly what I want to get! Great value

kanibus
182
2015.09.24 11:19 
 

I bought this EA a few days ago and I struggled to set it up. I contacted Mohammad on skype and he explained me everything with any tiny details, he was very profesional and confident about his product what convinced me to try his other EA's. 5 stars for customer service.

I will post another review about EA after a couple of weeks of using it. thanx

Ognyan Ivanov
338
2015.09.10 09:54 
 

Usefull EA, great for news trading. One have to test SL/ TP settings, as the price might change direction and if the EA is left on it own SL will be triggered if no trailing stop applied.

Version 3.10 - 2016.12.06
- Nothing change any function/Strategy.
- Optimize coding.
Version 3.0 - 2016.11.01
Added new properties:
- Open Pending Order Base On: select how EA calculates pending order's price level.
1. Fix Distance: open pending order at a fixed distance from the current price.
2. High/Low Level: open pending order based on highest/lowest value from Number of Candle.
3. Last Factal Level: open a pending order based on latest upper/lower fractal value.


Note: We update our product description. So you can check new description.
Caution: Do not update you product when you have existing trade.
Version 2.30 - 2015.11.12
-Changed property names:
---Expiration to ExpirationInSeconds
---OrderOpenByTime to OrderOpenWeeklySchedule

-Added new properties:
---Delete Pending Order After Expiration (true/false)
---Delete Open Order After Expiration (true/false)
---Both properties work with ExpirationInSeconds.
Example: set ExpirationInSeconds=60 and Delete Pending Order After Expiration = true. That means after 60 seconds from opening time, all pending orders are removed. If you set ExpirationInSeconds=60 and Delete Open Order After Expiration = true, then after 60 seconds from opening time, all open orders are closed. So, you can now select what you do after expiration, delete pending orders or close an open order or you can select both.
Version 2.20 - 2015.10.02
1. Minor Bugs Fixed - Some broker's MT4 did not show the button. Fixed the problem.
2. Changed "BuyPendingDistance and "SellPendingDistance" to new name "PendingDistance". Only one parameter.
Version 2.10 - 2015.08.10
Fixed some minor bugs.
Version 2.0 - 2015.07.31
1. Added Time to Open trade or pending order.
2. Added Date to Open trade or pending order.
3. Added Pending order Expiration. Set seconds pending order will be deleted.
4. Added Function pending order floating. To active this function pending order will be floating with current price.
5. Added function close trade or delete pending order after daily time reach.
6. With this version you can open instant order also.