moiloaeric0
New Member
News Big Movement EA is a Partially automated News Trading EA designed for MetaTrader4. It is not based on any indicators; it simply uses High impact news to trade. The technique of Forex News Trading is straightforward. After big news releases, market prices will fluctuate, either for better or worse, depending on the announcement.
For example, if the U. S. government announces the unemployment rate has gone down faster than expected by Analysts, many traders might invest in U.S. dollar because they expect its value will go up relative to other currencies.
Within minutes of a planned economic announcement, a currency pair could gain or lose one hundred pips almost instantly. Research has proved that news announcements can cause a currency to gain or lose anywhere from 20 to 300 pips, all within a few minutes. The best thing about this is that the day and time of the news releases are published in advance. You can pick exactly when to sit down in front of my computer to make my trades and make the most money in the shortest amount of time possible without knowing a thing about technical analysis.
News Trading EA works by placing 2 pending orders – either one being the one to make money, depending on the market’s direction. This way, our pending orders have our bases covered: if the market goes up or if the market goes down – there’s a pending order there to “catch the wave”.
One Second or within Microseconds before the actual release of the news, you set your pending orders, I mean both sell stop and buy stop, probably with your take profit and stop loss. Notice that before the actual release of the news, the market will be silent, waiting for what will happen.
For example, if the U. S. government announces the unemployment rate has gone down faster than expected by Analysts, many traders might invest in U.S. dollar because they expect its value will go up relative to other currencies.
Within minutes of a planned economic announcement, a currency pair could gain or lose one hundred pips almost instantly. Research has proved that news announcements can cause a currency to gain or lose anywhere from 20 to 300 pips, all within a few minutes. The best thing about this is that the day and time of the news releases are published in advance. You can pick exactly when to sit down in front of my computer to make my trades and make the most money in the shortest amount of time possible without knowing a thing about technical analysis.
News Trading EA works by placing 2 pending orders – either one being the one to make money, depending on the market’s direction. This way, our pending orders have our bases covered: if the market goes up or if the market goes down – there’s a pending order there to “catch the wave”.
One Second or within Microseconds before the actual release of the news, you set your pending orders, I mean both sell stop and buy stop, probably with your take profit and stop loss. Notice that before the actual release of the news, the market will be silent, waiting for what will happen.
