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I need EA on MT5 for trading at the moment economic data is released

MQL5 Experts

Tâche terminée

Temps d'exécution 1 heure
Commentaires de l'employé
Thank you for your order! Great customer! Hope for further cooperation!
Commentaires du client
Maxim delivered a top-notch trading bot as per my requirements. His ongoing support post-project completion reflects his dedication. Highly recommended for his expertise and commitment.

Spécifications

News Trading Strategy in Forex

 

General Principle:

This strategy relies on utilizing significant economic news that can considerably impact currency prices. It aims to capitalize on rapid price movements that typically occur within seconds after the release of important news.

 

Strategy steps in detail:

Identifying Economic Events: events and specifying their timing in the settings.

 

Order Management:

- Placing pending buy and sell orders moments before the news release, at a predetermined distance from the current price.

- Adjusting these orders to maintain the specified distance in pips with every movement in the live price.

 

Handling News Releases:

Freezing pending orders and waiting for price movements post-news release.

Three possible scenarios after the news:

No significant volatility: Closing pending orders and ending the trading session.

Rapid price increase: Executing a buy order, canceling the sell order, and setting profit and stop-loss levels.

Rapid price decrease: Executing a sell order, canceling the buy order, and setting profit and stop-loss levels.

Risk Management:

Setting predetermined Trailing stop, stop-loss and profit target levels to minimize risks and potentially secure profits.


Information panel

 

Trailing pending orders with live price

Freeze pending orders at the time of news release

The moment economic data is released




Répondu

1
Développeur 1
Évaluation
(16)
Projets
35
23%
Arbitrage
4
0% / 50%
En retard
2
6%
Travail
2
Développeur 2
Évaluation
(279)
Projets
341
37%
Arbitrage
6
50% / 17%
En retard
7
2%
Gratuit
Publié : 5 codes
3
Développeur 3
Évaluation
(9)
Projets
20
10%
Arbitrage
4
50% / 50%
En retard
5
25%
Gratuit
4
Développeur 4
Évaluation
(75)
Projets
80
6%
Arbitrage
46
11% / 54%
En retard
7
9%
Travail
5
Développeur 5
Évaluation
(17)
Projets
22
36%
Arbitrage
5
0% / 100%
En retard
4
18%
Gratuit
6
Développeur 6
Évaluation
(78)
Projets
246
74%
Arbitrage
7
100% / 0%
En retard
1
0%
Gratuit
Publié : 1 article
7
Développeur 7
Évaluation
(45)
Projets
46
24%
Arbitrage
34
9% / 85%
En retard
10
22%
Gratuit
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Développeur 8
Évaluation
(45)
Projets
91
13%
Arbitrage
34
26% / 59%
En retard
37
41%
Gratuit
9
Développeur 9
Évaluation
(322)
Projets
499
67%
Arbitrage
5
40% / 0%
En retard
4
1%
Gratuit
Publié : 8 codes
10
Développeur 10
Évaluation
(53)
Projets
91
52%
Arbitrage
2
0% / 50%
En retard
1
1%
Gratuit
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