Straddle EA

5

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The main use of Straddle EA is to trade at the major fundamental news events. It opens 2 pending orders Buy Stop and Sell Stop to capture the market single direction movements at the time of news.

The EA will run from "News Time – Seconds before News Time" to "Expiration Time". These are the sequence of states in the EA:

  1. Waiting: Before "News Time – Seconds before News Time". The EA is waiting to start.
  2. Passed: The EA started and trade executed.
  3. Expired: The EA expired, after the expiration time.

After you attached the EA to a chart it will show the following information on the chart:

  1. Type of trade opens at activation.
  2. Trade settings information: lot, gap, TP & SL.
  3. Trailing Setting.
  4. Trade activation and expiration time.
  5. Current status of the EA: Waiting, Expired, and Passed.

Indicator Settings

Trade Setting

  • Trade Type: Type of order open at news time.
    • Buy Trade: Open only buy stop order.
    • Sell Trade: Open only sell stop order.
    • Both: Open both type of orders (buy stop and sell stop).
  • Lot Size: Lot size of the trade.
  • Buy Gap (in points): Gap for the buy stop trade.
  • Sell Gap (in points): Gap for the sell stop trade.
  • Take Profit (in points): Take profit in points.
  • Stop Loss (in points): Stop loss in points.
  • Comment: Comment in all the trades.
  • Magic Number: Magic number of the trade.

Trailing Setting

  • Enable Trailing: It enables the trailing
  • Trail Only Profit: If enabled, it trails only when trades comes to profit
  • Trailing Start (in Points): It is the window of the trailing. When Trail Only Profit is enabled it tells the starting point.
  • Trailing Step (in Points): It the forward step of the trailing.

Time Setting

  • News Time: The EA will wait for this time to start trading.
  • Expiration Time: The EA will expire and not open any pending orders after this time.
  • Seconds before News Time: It tells at how many seconds before the news, start trading. At the news time there is more volatility, so it is better to open trades few seconds before the news come.

Other Setting

  • Trade Only Once: If true, open pending order only once. In other case, open pending order again as soon as all the orders are closed.
  • Cancel Opposite Order: As soon as one pending order gets executed, close the other one.
  • Close Pending Order on Expire: After the expiration, close all pending orders.
  • Close Live order on Expire: After the expiration, close all the live orders.

    Recensioni 2
    shankarsyd
    28
    shankarsyd 2024.04.14 11:09 
     

    does it work on XAUUSD Gold?

    Idrissa Ag Intifaskiwene
    49
    Idrissa Ag Intifaskiwene 2021.08.19 08:29 
     

    The Straddle EA is excellent. The EA 30s before release, opens pending Orders BuySop,and Sale Stop. Also, it has useful functions like cancellation of the non triggered Order. But the developer should add break even to move SL to Entry after the price moves over/under the Entry point.

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    Ignacio Agustin Mene Franco
    Experts
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    Vadim Zotov
    5 (5)
    Experts
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    Connor Michael Woodson
    Experts
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    Profalgo Limited
    5 (5)
    Experts
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    Vasiliy Strukov
    4.7 (1092)
    Experts
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    Ramil Minniakhmetov
    5 (2)
    Experts
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    DMITRII GRIDASOV
    Experts
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    Ayush V Jain
    5 (1)
    Experts
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    MQL TOOLS SL
    5 (1)
    Experts
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    Ianina Nadirova
    5 (1)
    Experts
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    DMITRII GRIDASOV
    Experts
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    Akihiro Tanaka
    Experts
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    DMITRII GRIDASOV
    Experts
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    Altri dall’autore
    Channel Breakout Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Channel Breakout indicator shows the channels based on the number of bars. It is used to trades the breakouts or reversals. Breakout is quite efficient, since it tries making profit when the market crashes!! You can also invent your own technique out of it. After you attach the indicator to a chart it will show the following information on the chart: 1.     Channel 1 and channel 2 information 2.     Alert and email information   You can hid
    Candle Close Time Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Candle Close Time indicator is used to track the time remaining or passed on a current candle at any point of time. To get notified set the time in format DD:HH:MM:SS. For example : EnableNotify = true & (Day Left : Hour Left : Minute Left : Second Left) = 00:02:20:20. Let’s say remaining time to close candle is 00:03:23:21 (DD:HH:MM:SS). Now, when the time remaining reaches below 00:02:20:20, it shows an Alert box. You can hide all the inf
    Continuous Bars Ind
    HITESH ARORA
    Indicatori
    Continuous Bars indicator is used to track the continuous bars closed in one direction. For example : Continuous Bars = 3 (we are looking for 3 continuous bars) Now, if (Open > Close) or (Close > Open) for 3 continuous bars it is notified via email or alert. You can hide all the information displayed in the chart by setting  false  to  Show On Chart . Indicator Settings: Main Setting Bars : Number of continuous bars we are looking Price Setting Use M1 Timeframe: Look for continuous bars in M1 ti
    Currency Sessions Highlight Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Currency Sessions Highlight indicator is used to highlight the sessions. The maximum number of sessions visible at a time is 3. A user has to input the input the start and end time of the session in the format HH:MM. You can hide all the information displayed in the chart by setting  false  to  Show On Chart . Indicator Settings: Main Setting Show Session 1 : Draw Session 1 on chart or not Session 1 Start : Start time of the session 1 Sessi
    Investing Technical Analysis Ind
    HITESH ARORA
    Indicatori
    This indicator provides the technical overview using following tools: Pivot Points Technical Indicators Moving Averages Pivot Points are calculated using five different methods: Classic Fibonacci Camarilla Woodie DeMark With the technical indicator , you can find the trading signals using the combination of different indicators. It supports the following technical indicators: RSI Stochastic Stochastic RSI MACD ADX CCI ATR Ultimate Oscillator ROC Bull/Bear Power Moving Averages is used to find th
    Keltner Channels Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Keltner Channels are volatility-based envelopes. Moving average dictates direction and the ATR sets the channel width. It’s a trend following indicator used to identify reversals. Channels can also be used to identify overbought and oversold levels when the trend is flat. Trading Strategy We have created 2 zones SELL ZONE and BUY ZONE using the Keltner channels. In SELL ZONE (upper) we take only sell orders and in BUY ZONE (lower) we take
    MACD Histogram Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . The MACD Histogram measures the distance between the MACD line and the MACD signal line. Two important terms are derived from the MACD histogram are: ·          Convergence : The MACD histogram is shrinking in height. This occurs because there is a change in direction or a slowdown in the trend. When that occurs, the MACD line is getting closer to the MACD signal line. ·          Divergence : The MACD histogram is increasing in height (eith
    Multiple MA Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Multiple Moving Average (MA) indicator is used to find the direction of the trend using multiple Moving Average indicators. It calculates using the following rules: ·          Ask < MA, it is SELL ·          Bid > MA, it is BUY ·          Ask > MA > Bid, it is None (no signal) After you attached the indicator to a chart it will show the following information on the chart: Multiple MAs arranged by their method Buy and Sell count Summary: Con
    Pivot Point Calculator Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . This indicator is used to calculate the pivot points using 5 different methods: Classic Fibonacci Camarilla Woodie DeMark After you attached the indicator to a chart it will show the following information on the chart: Pivot points levels of the current chart using different methods. Indicator Setting Pivot Point Calculator Show Pivot Point Calculator: Show all pivot points on chart Pivot Points Timeframe: It tells which time is used to cal
    Stochastic RSI Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . The Stochastic RSI indicator is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user-defined period of time. This indicator is primarily used for identifying overbought and oversold conditions. You can hide all the information displayed in the chart by setting  false  to  Show
    Spread Swap Ind
    HITESH ARORA
    Indicatori
    Spread & Swap Indicator is used to check the spread and swap for the current pair. You can hide all the information displayed in the chart by setting  false  to  Show On Chart . Indicator Settings: Main Setting Display Spread : Shows the spread of the current pair. Display Swap (per lot) : Show the swap charges per lot for the current pair. Display Setting Display : Shows the indicator information on chart Location : Location of the display window Top-Left : Display all the details in top-left p
    Technical Analysis Ind
    HITESH ARORA
    Indicatori
    With the Technical Analysis indicator, you can find the trading signals using the combination of different technical indicators. It supports the following technical indicators: 1.     RSI 2.     Stochastic 3.     Stochastic RSI 4.     MACD 5.     ADX 6.     CCI 7.     ATR 8.     Ultimate Oscillator 9.     ROC 10.   Bull/Bear Power After you attached the indicator to a chart it will show the following information on the chart: 1.     Technical indicators, their values and the signal generated fro
    Technical Indicator MTF
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . With the Technical Indicator Multi-Timeframe, you can easily identify the oversold/overbought levels or buy/sell levels points on several different timeframes by using only one chart. You can confirm Short Term trades by higher timeframe Levels. It supports 4 technical indicators as of now Stochastic, RSI, Parabolic SAR & Heiken Ashi. After you attached the indicator to a chart it will show the following information on the chart: Timeframe:
    Trade Notifier Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Trade Notifier indicator is used to notify opening or closing of the trades via email or alert. It can also send regular trade updates via email. After you attached the Indicator to a chart, it will show the following information on the chart: 1.     Alert information 2.     Email information 3.     Details to include in email body You can hide all the information displayed in the chart by setting  false  to  Display . Indicator Settings Al
    Trend Direction Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Trend Direction indicator finds the direction of the trend using 2 indicators ADX and Parabolic SAR. Change the color of the Sell and Buy strength from the Colors tab in indicator settings. After you attached the indicator to a chart it will show the following information on the chart: 1.     Parabolic SAR: Input values of Parabolic SAR Indicator 2.     ADX: Input values of ADX Indicator 3.     Trend Strength: Direction of the trend
    Martingale Expert Advisor
    HITESH ARORA
    Experts
    Contact us for any custom order,   CodeYourTrade.com . Martingale EA is a multicurrency Expert Advisor using martingale or grid technique to trade the market. Trading strategy: Manual Entry + Automated Trade Management Manual Entry : User can input the starting trade type in the EA based on their analysis. The EA has no intelligence of its own to decide the entry trade type. Intelligence can be added in the EA upon request. Automated Trade Management : It manages the trade using martingale or gr
    Timed Close EA
    HITESH ARORA
    Utilità
    Contact us for any custom order, CodeYourTrade.com . Timed Close EA is used to close all the trades automatically at your specific time. You can set the EA using any of the 3 options: 1.     OneTime: In this option EA will run only once. Execute at that date-time and stops. 2.     Weekly: In this option EA will run at specific day-time every week. For example if you wanted to close all the trades before market close at Friday, you can use this option. 3.     Daily: In this option EA will run da
    PnL Manager EA
    HITESH ARORA
    Utilità
    Contact us for any custom order,   CodeYourTrade.com . Profit and Loss Manager EA is to close the running or pending trades when reached to a specified profit or loss. EA works fully on virtual mode i.e. no hard Stop Loss or Take profit set. You can run the EA in any of the 3 modes: 1.     Per Trade : In this mode, actions are applied to all the trades separately. Rules are applied on a single trade separated, it’s profits/loss not combined with any other trades. 2.     Per Pair : In this mode
    Partial Close Expert Advisor
    HITESH ARORA
    Utilità
    Contact us for any custom order,   CodeYourTrade.com . Partial Close EA is used to partially close running trades. EA has an option to filter out the trades and works only on specific trades. Following are the filters for the EA: 1.     Magic Number: Have an option to works on all orders with the given magic number 2.     Order Number: Can work specifically on the single order with the given order number 3.     Chart: Can work for all the trades of the current attached chart Example : Let’s say
    Brent Wti Spread Ind
    HITESH ARORA
    Indicatori
    Contact us for any custom order,   CodeYourTrade.com . Brent Wti spread indicator shows the difference of Brent and Wti value. Trading Strategy: Identify the range of spread movement. To buy the difference execute these 2 trades “Buy BRENT and Sell WTI” To sell the difference execute these 2 trades “Sell WTI and Buy BRENT”   Indicator Settings: Main Setting Indicator Maximum : Maximum level to show in indicator Indicator Minimum : Minimum level to show in indicator Brent Symbol Name : Symbol na
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    shankarsyd
    28
    shankarsyd 2024.04.14 11:09 
     

    does it work on XAUUSD Gold?

    Idrissa Ag Intifaskiwene
    49
    Idrissa Ag Intifaskiwene 2021.08.19 08:29 
     

    The Straddle EA is excellent. The EA 30s before release, opens pending Orders BuySop,and Sale Stop. Also, it has useful functions like cancellation of the non triggered Order. But the developer should add break even to move SL to Entry after the price moves over/under the Entry point.

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