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CAP News Trading

4.4

Need to open a pending order at news time, or need to open a pending/instant order at a specific time?   MeetAlgo News Trading EA is the right tool for you. The  MeetAlgo News Trading EA 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.

News trading is one of the most difficult disciplines – but it can also be one of the most profitable ones if you know the right method. It is true, nobody can predict figures delivered by a major news event like NFP or ECB decisions. And even if you knew the results – nobody knows how the market will react to the news. In fact, most of the time there are as many reasons for the market coming out bullish as there are for a bearish result.

MeetAlgo News Trading EA helps you automate such news trading almost completely. With CAP News Trading you can open one or more pending orders at news time (of course you can also open market orders at a specific time). You are in full control of the news event. You enter the time when news comes out (date and time when pending orders are opened), control the distance between market price and STOP BUY / STOP SELL, establish STOP LOSS and TAKE PROFIT depending on price of trade opening and delete opposite pending order if one order is triggered (OCO, one cancels other). You even have the comfortable choice between several ways to save your profit like moving STOP LOSS to break even after trend has gone some distance in the right direction or establishing a TRAILING STOP LOSS at a predefined distance.[ Installation Guide | Update Guide Submit Your Problem | FAQ | All Products ]

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.


Other cool features are
  • One-click trading panel.
  • Auto download news time from news website.
  • 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).


Input Parameters

For a complete description of the input parameters of the EA, kindly read the   user guide.


    IMPORTANT: To enable News Stop Trading and AutoGMT, tick the "Allow WebRequest" option and add this two URL:


    Author

    MOHAMMAD ALI, technical analyst and speculator, software engineer and founder of MeetAlgo LLC

    Reviews 12
    Tommi Lepanen
    314
    Tommi Lepanen 2021.10.29 09:27 
     

    Cap News has been operating last year on a profitable Demmo account for six months. Making the same result has continued with a live account since the beginning of this year.

    Luong Quoc Tuan
    263
    Luong Quoc Tuan 2021.10.05 07:31 
     

    It's what I need

    Thomas Froeba
    938
    Thomas Froeba 2019.09.30 13:58 
     

    EA für den Nachrichtenhandel mit "one cancel the other" Funktion. Genial.

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    Filter:
    Tommi Lepanen
    314
    Tommi Lepanen 2021.10.29 09:27 
     

    Cap News has been operating last year on a profitable Demmo account for six months. Making the same result has continued with a live account since the beginning of this year.

    Luong Quoc Tuan
    263
    Luong Quoc Tuan 2021.10.05 07:31 
     

    It's what I need

    adeelhassan
    49
    adeelhassan 2021.08.02 11:14 
     

    I could not earn a single penny from it. Not updated. also do not follow news peoperly

    Blessing
    323
    Blessing 2019.12.06 15:06 
     

    The author of this EA does not respond to support queries.

    Thomas Froeba
    938
    Thomas Froeba 2019.09.30 13:58 
     

    EA für den Nachrichtenhandel mit "one cancel the other" Funktion. Genial.

    Cassiano Augusto Cavalcanti
    284
    Cassiano Augusto Cavalcanti 2019.01.03 20:34 
     

    This EA is a perfect for news trading. I am doing a very good profit monthly based only in this EA.

    As soon as you find the right parameters, it is just a matter of tracking the news. Great job and great support.

    Sean Moghimi
    101
    Sean Moghimi 2018.11.15 23:29 
     

    Please someone provide a set file for a strategy that proven consistently working; so far all I see is inaccurate good rating but no one sharing set file! I have tried this on my live account and so far no strategy gives robust results... Thanks

    OverHilo
    46
    OverHilo 2017.06.07 14:35 
     

    Working great with last NFP, need to wait and see on other news events with volatility how this EA will perform. Looking great so far!

    Victor Epand
    512
    Victor Epand 2017.01.15 18:57 
     

    User didn't leave any comment to the rating

    Jenny LK
    1257
    Jenny LK 2015.11.20 12:08 
     

    This is exactly what I want to get! Great value

    kanibus
    226
    kanibus 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
    408
    Ognyan Ivanov 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.

    Reply to review
    Version 7.1 2022.02.26
    UPDATED – Change our branding name 'CAP' to 'MeetAlgo'
    FIXED BUGS: News filters
    Version 7.0 2021.11.27
    -->Minor Update, only internal coding
    Version 6.50 2020.01.21
    -->Minor internal coding update
    Version 6.20 2019.10.03
    -->Bugs Fixed
    ---> Floating Distance didn't work on previous version. Problem fixed this verison
    Version 6.10 2019.09.23
    -->Minor Update.
    -->Improved Coding.
    Version 6.0 2019.02.13
    -->Improved Coding.
    Version 5.60 2018.11.01
    New Inputs Add
    -->CustomNews - true/false, Enable custom news time
    -->CustomNewsEvent - Put News Event (Separate by semicolon ;) example "Interest Rate; Press Conference"

    -Improve
    -->Fixed EA's dashboard for high resolution monitor. Previous version dashboard going to small on high resolution monitor.

    Note- We update product description. Please read again new description.
    Version 5.50 2018.10.31
    -New Inputs Add
    -->CustomNews - true/false, Enable custom news time
    -->CustomNewsEvent - Put News Event (Separate by semicolon ;) example "Interest Rate; Press Conference"

    -Improve
    -->Fixed EA's dashboard for high resolution monitor. Previous version dashboard going to small on high resolution monitor.

    Note- We update product description. Please read again new description.
    Version 5.0 2018.04.27
    - Major input and function modification.
    - Improved Coding.
    - Added auto news time download function.

    Note: major changes have been made in this version, and the description was updated as well. Please read the new description.
    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.