News scalping strategy rules:

Attachment contains full version of news scalping strategy rules.

News scalping volatility statistic:

Archive is splitted to 2 parts.

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Part2: download

This statistic helps to identify which type of news you should to trade. It's very important rule for this strategy.

Some properties descriptions:

1) Entry - allow negative shift in prices

When you place orders, negative shift allows to place stop loss below current market price for a specified number of points for long position and apposite for short position.

2) Deletion- Use expiration in seconds (min 665)

If you place orders and any of them will not be triggered within specified time (default 665 seconds) broker automatically cancels these orders.

3) Protection - move SL to specified risk distance if bad filling

When one of orders is triggered and risk distance becomes bigger then specified (for example slippage when order is filled) it moves stop loss to keep specified risk distance.

4) Protection - entire breakeven settings

Move stop loss to breakeven if current market price equals or bigger then specified (at "Price offset" property) from entry price for long position (opposite for short position). Stop lose would be moved to specified position (at "SL offset") from entry price.

5) Protection - entire auto profit protection settings

Lock all profit except buffer from current market price - If current market price is above of an entry price (for long position) stop loss would be moved above to protect a profit with keeping specified buffer (at "Price buffer in points (min 5):" property) between current market price and stop loss

Move Stop Loss away from the entry price - Moves stop loss to entry price + specified value (at "Distance from entry in points (min 5)" property) if current market price is equal or grate than entry price + specified value (at "Price buffer in points (min 5)" property)

Protect profit ratio from entry to market price - It moves stop loss to protect profit by specified ration (at "Entry - Market Price ratio (min 0.005)" property) from entry price to current price. Auto stop loss should keep specified buffer (at "Price buffer in points (min 5):" property) between current market price and stop loss. Formula for calculation of this ratio: (current market price - entry price) * specified ratio (default 0.5). If value falls within the price between buffer price and current market price. Stop loss is moved to current market price - specified buffer price.

6) Protection - entire levels protection settings

If current market price achieves specified price level (at "Price level" property) then stop loss would be moved to that price level minus specified buffer (at "Price buffer" property). This level can be applied only for long position, only for short position or for both positions (see property "Trade type").

7) Entire exit settings

Exit within N minutes candles – Stop loss is moved to protect profit when specified amount of 1-minute candles are closed (see “One minute candles count” property). Stop loss is placed under current market price with specified buffer (see “First buffer in points” property). Then intervalley every specified number of seconds (see “Lock half property every (sec)” property by default 5 seconds) Stop loss is moved to half position between current stop loss price and current market price and keeping specified buffer (see “Min buffer in points” property).

Minimize loss if price doesn't move to breakeven level in time - if current market price does not move above entry price at specified time (see “Start minimize loss delay in sec:” property by default 10 seconds) then stop loss would trail entry price with 5 points buffers. If current market price goes above entry price, then stop loss stops trailing current market price.

Close order if failed to protect it by moving Stop Loss – If server returns error while moving stop loss to protect profit them program tries to close these orders at all.

Maximum close order slippage – the maximum allowed slippage for order closing. If slippage would be bigger at closing order time, then order won’t not been closed. New attempt of order closing would be started with the same slippage value. The process would be repeated until order will be closed.