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Creating a trading robot on mql5 for trading news mainly usd, eurozone, gdp and aud
to open trades when 10 minutes after current news has been released( time frame to have an option to adjust)
Open buy when actual is greater than previous news.
Open sell when actual news is lower than previous news.
Take profit 50 pips.
To open a recovery trade when RSI 21 on daily chart goes in into oversold or overbought scenarios and resets. For buy recovery, when RS21 goes below 20 and then above 20 open trade at 2× lot sizes, sell recovery when RS21 on daily chat goes above 70 and back below at 2× the lot size.
Total profit to be equivalent of 5 dollars at 0.01 lot size for combined buy or sell trades of the same pair.Usd pairs- usdcad, usdchf, eurusd, gbpusd, audusd, nzdusd- if actual is greater than previous usd××× pairs buy and ×××usd pairs sell and vice versa for actual less than previous.
Usd news, retail sales, GDP, CPI be it MoM, YoY or quarterly.
Eurozone pairs-
GBP pairs-
AUD pairs-
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