Expert adviser Auto News - 100% algorithmic Forex news trading robot for Meta trader 4 - With this adviser you never miss any news, you manually input time to enter the market (news range) to process and what type of news once - at setup and after that it's all done automatically. Different order types to use, pending stops and limits - chose whether you want to trade in each direction or just with a one direction buy or sell. Pending orders can be set to expire by news time (minutes after news been announced) or by OCO (one cancel other). Fully configurable news types - Low,Medium,High and NFP's (Non farm payrolls)Advantages
- Web request news type module - no (DLL) used!
- News module cover all type of news
- No dangerous trading methods used such as martingale,hedging or anything else
- Orders always executed with stop loss and take profit
- Automatic or defined entry price distance
- Trailing stop and break even to secure position profits
- Spread and weekday filters
- Risk assessment with fixed or risk % sized contracts
- Works with any account type and leverage
- Low initial deposit ~$20~50/symbol based on leverage 1:500
Auto News can't be back tested,in tester mode it launches orders were you can test/setup desired order levels. Run adviser on a demo account first and adjust settings to fit your needs before entering live trading. Remember that each new currency pair you trade may require it's own specific settings. Setup Auto News according to your own trading plan. There are no presets available for any symbol.
News module web request URL
Web Request needs an URL link to be working and download it's news data for processing news. Be sure to check ' Allow Web Request for listed URL's in tab Tools/Options/Expert advisers and copy-paste provided link into the field 'Add new url'.
- Risk assessment - Fixed or risk % sized contracts
- Adviser settings - Rounds per news announcement,manually pause adviser,slippage,spread,auto/manual magic number set and order string comment
- Order settings - Automatic or defined price distance,order types (Pending buy stop,sell stop,buy-sell stop,buy limit,sell limit,buy-sell limit,pending expiration, timer mode,news timer,OCO or combined(a combination for OCO orders),pending order distance pips from price,take profit and stop loss.
- Trailing stop - On/off, trailing stop pips, trailing step pips
- Beak even - On/off, trigger pips, padding pips
- News settings - Server GMT offset,news types (low-medium-high-nfp) and timers
- News chart objects - Draw objects true/false, object colors and styles
- Weekday manager - Handle what days to trade on (Mon - Fri) on/off
- Dashboard settings - Back ground and frame colors