Audience
Forex traders
About News EA
This Metatrader News trading expert advisor that can trade the forex news using a one-cancels-others (OCO) approach, and trail the price of the winning trades.
News (oco) main functions:
Places a defined number of opposite pending orders below (short) and above (long) the price, just before the news release.
Deletes the opposite orders as soon as the price hits a pending order (oco means one cancels others).
Places stop-loss, take-profit, trail, break-even etc.
The News expert advisor was designed to trade news events in an OCO approach. OCO stands for one cancels other and refers to the EA’s ability to close a pending order (or more) once the price triggers an opposite pending order. This is an important feature in news trading.
Traders trading the news usually place two pending orders right before an important news event - that is the most known and profitable way to trade forex news - a buy-stop and a sell-stop.
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Pricing
Starting Price:
$49
Free Version:
Free Version available.
Free Trial:
Free Trial available.
Integrations
Company Information
RobotFX
Founded: 2006
www.robotfx.org/p/news.html
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