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dbenjume DANCA NEWS. Description: Contents 1 Description: 2 Recommendations: It is based on the simple idea that important news generate significant volatility. Recommendations: You must compile the source code F5 when you re-use it in upcoming news, otherwise it will not work, because it is programmed to send only once the two pending orders. Good luck!!! Hi dbenjune, I mean, when I was having and floating trade, the EA is not placing any stop order. There are also a number of different parameters available, these include the trade type to use, lot sizes, buy gap, the sell gap, take profits, stop losses, comments, magic numbers, trailing stop settings, time settings, and more.

There is a free demo version available, but this can only be used with the strategy tester within the MT4 trading platform. As the EA was only recently uploaded to the marketplace, there are currently no reviews or ratings about the EA, this makes it hard for us to know whether people are finding it profitable and whether it does what it is intended to do.

There are also no comments so we would suggest contacting the developer with any questions that you may have, this way you can be sure that the EA will function how you need it to and that the developer will be around to offer support should you need it.

Save my name, email, and website in this browser for the next time I comment. About Us Advertise With Us Contact Us. Forex Academy. Home Forex Service Review Straddle Forex News Trading EA Review.

RELATED ARTICLES MORE FROM AUTHOR. DowJones Supertrend H1 Trading Robot Review. High-impact Forex news trading strategy also called news volatility straddle was developed specifically to trade important Forex news with as little risk as possible.

It can be used only for influential Forex news releases such as US GDP, non-farm payrolls, or interest rate decisions. Although all currency pairs react to such news, the USD-based currency pairs show the best result due to low spread and high liquidity. If your broker uses "first in, first out" FIFO execution model, it is still possible to trade news with this strategy.

When one pending order is triggered, the other one should be canceled. This strategy modification is required to use it in MetaTrader 5. Unfortunately, it suffers from additional exposure to widened spreads and slippage. Use this strategy at your own risk.

It is based on the simple idea that important news generate significant volatility. It puts two Pending Orders Buy Stop and Sell Stop , if the Buy Stop order is activated, the Sell Stop will be deactivated automatically and vice versa.

The trailing stop will go behind the sudden movement. It works great!!!. If the trade is successful it is closed by the trailing stop or take profit, else it will be closed by stop loss.

The algorithm is very light, which is very important when you trade news. You must compile the source code F5 when you re-use it in upcoming news, otherwise it will not work, because it is programmed to send only once the two pending orders. Symbol recommended: EURUSD.

News recommended for trading: NFP, GDP reports, Interest rates decisions, Inflation reports, Trade Balance, Manufacturing PMI.

This error appears after closing the first trade, because this system is coded to send only one trade at a time, that error has no bearing on the outcome or in the management of the trade. You must compile the source code F5 when you re-use it in upcoming news. I hope this explanation has been helpful, feel free to comment!!!

I mean, when I was having and floating trade, the EA is not placing any stop order. Is there any way to solve this? I set it 50pips for my 5 digits broker which is 5 pips for 4 digits broker, but it never cancel order even slippage more than 50 pips. Any solution for this? IS there a way to change the script from placing a stop order either buy or sell , and just have the EA open a trade when the price breaks above buy or below sell the previous day.

Hi there, p3nang. Do not change these fields following. December 10, Posted by: Forex Wiki Team Category: FX Ind No Comments. Name: STRADDLE NEWS Author: dbenjume mq4 3. dbenjume: Hi there, p3nang. Is there any possibility to let the EA works when I am having open trade? Because it return error whenever I am having open trade. Please rate this Article. Join forexwikitrading on Telegram.

Facebook Twitter Pinterest LinkedIn Digg Tumblr Email Reddit Buffer Flipboard Telegram. upcoming news. Author: Forex Wiki Team. We are a team of highly experienced Forex Traders [] whose only purpose in life is to live according to our own design and desire.

For that, self-education and experience in Forex market was the only choice for all of us in order to achieve a self-sustainable. Remember Me. Lost your password? Don't have an account? Sign Up. Adblock Detected We have detected that you are using extensions to block ads. Please support us by disabling these Adblock Extensions or Software. Refresh Page. Send this to a friend.

Send Cancel. STRADDLE NEWS. dbenjume DANCA NEWS. Description: Contents 1 Description: 2 Recommendations: It is based on the simple idea that important news generate significant volatility. Recommendations: You must compile the source code F5 when you re-use it in upcoming news, otherwise it will not work, because it is programmed to send only once the two pending orders.

Good luck!!! Hi dbenjune, I mean, when I was having and floating trade, the EA is not placing any stop order. Thanks TY

Drop file here Notify me of follow-up comments by email. Description: Contents 1 Description: 2 Recommendations: It is based on the simple idea that important news generate significant volatility. Hi dbenjune, I mean, when I was having and floating trade, the EA is not placing any stop order. Please make sure that you fully understand the risks involved, taking into consideration your investment objectives and level of experience, before trading, and if necessary, seek independent advice. Contact Webmaster Forex Advertising Risk of Loss Terms of Service.

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