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parameters
buy stop
sell stop
news calender
tp : would be in pips
sl
time to place order: 2min before the news
trailing: 5 pips away from the current market price
this bot would use pending orders parameters like buy buy stop and sell stop this would be 5pips away from the current market price this parameter should be adjustable. the pending orders would be placed 2min before the news is released
when the news is released and one of the pending order is picked the opposite order should be deleted instantly and a trailing should follow suit 5 pips away from the current price to secure profit
a forex news calender would be used to select the news that would be traded
if a news selected is USD should only trade pairs that are quoted with usd
if a news selected is on Eur should only trade pairs quoted in eur
if a news selected is on Gbp should only trade pairs quoted in Gbp
if a nes selected is on cad should only trade pairs qouted in cad
there should be dashboard on the chart to show pending orders placed
incoming news to be traded
total trades running
profit / loss
close All
T-p would be 20pips when any of the pending order is activated and a trailing tp would be set to 5 pips if the T-p doesnt get hit the trailing would be used to secure profit
S-l the trailing tp would be used as the sl too
max-spread if spread is more than 3 should not place pending orders
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