![MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal](https://c.mql5.com/i/registerlandings/logo-2.png)
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Attached is the result of the first trial with the v5 version. The EA worked fine.
Great.
I will set-up it for this week.
But only on big movers news. (red/level 3).
Results at the end of this week :-)
Happy Trading.
It is my statement for the first news.
Great.
I will set-up it for this week.
But only on big movers news. (red/level 3).
Results at the end of this week :-)
Happy Trading.Dswk,
Yes, trading only level 3 news is probably enough. Getting experience about how the EA works was/is important for me, so when I have time I practice on a demo account.
BTW, do you trade news live with this EA?
Regards,
Chrisstoff
It is my statement for the first news.
Perfect trade!
Anyway, 10 pips profit per day can be enough, that was well said.![](https://c.mql5.com/forextsd/smiles/regular_smile.png)
Perfect trade! Anyway, 10 pips profit per day can be enough, that was well said.
I backtested this EA (version #5) for some weeks trying to find the better settings and I recognized that GBPUSD is most risky pair for news trading. may be because of volatility. So 10 pips for GBPUSD is ok.
Will see.
I am trading news with 2 and 3 ranks.
Dswk,
Yes, trading only level 3 news is probably enough. Getting experience about how the EA works was/is important for me, so when I have time I practice on a demo account.
BTW, do you trade news live with this EA?
Regards,
ChrisstoffI use *Live* version 2 of this EA, from 0.2 to 1 lot for *only* big movers news (ADP, Rates, CPI, ...), and after fundamental analysis...(check if the price is already priced...etc).
Version 5 i will test first in Demo. But it's look promising.
hop... another +30 for GBP news....
This is my results.
AUDUSD.
No any trades (it was no any news with rating more than 1).
EURUSD.
No any pending orders were executed.
NZDUSD.
2 10675950 77777 2007.02.12 22:41 buy stop 0.10 nzdusd 0.6867 0.6837 0.6967 2007.02.12 22:58 0.6830 0.00 0.00 0.00
3 10675952 77777 2007.02.12 22:41 buy stop 0.10 nzdusd 0.6877 0.6847 0.6977 2007.02.12 22:58 0.6830 0.00 0.00 0.00
4 10675951 77777 2007.02.12 22:41 sell stop 0.10 nzdusd 0.6823 0.6853 0.6723 2007.02.12 22:58 0.6825 0.00 0.00 0.00
5 10675953 77777 2007.02.12 22:41 sell stop 0.10 nzdusd 0.6813 0.6843 0.6713 2007.02.12 22:59 0.6827 0.00 0.00 0.00
6 10675949 77777 2007.02.12 22:45 sell 0.10 nzdusd 0.6833 0.6863 0.6733 2007.02.12 22:59 0.6831 0.00 0.00 2.00
0.00 0.00 2.00 [/CODE]
USDCAD.
No any trades.
USDCHF.
No any pending orders were executed.
USDJPY.
No any pending orders were executed.
GBPUSD.
[CODE]1 10657172 22222 2007.02.12 10:25 buy stop 0.30 gbpusd 1.9488 1.9458 1.9588 2007.02.12 10:40 1.9479 0.00 0.00 0.00
2 10657179 22222 2007.02.12 10:25 buy stop 0.30 gbpusd 1.9508 1.9478 1.9608 2007.02.12 10:40 1.9479 0.00 0.00 0.00
3 10657176 22222 2007.02.12 10:25 buy stop 0.30 gbpusd 1.9498 1.9468 1.9598 2007.02.12 10:40 1.9479 0.00 0.00 0.00
4 10657181 22222 2007.02.12 10:25 sell stop 0.30 gbpusd 1.9458 1.9488 1.9358 2007.02.12 10:40 1.9475 0.00 0.00 0.00
5 10657175 22222 2007.02.12 10:30 sell 0.30 gbpusd 1.9479 1.9478 1.9379 2007.02.12 10:36 1.9478 0.00 0.00 1.00
6 10657177 22222 2007.02.12 10:32 sell 0.30 gbpusd 1.9468 1.9466 1.9368 2007.02.12 11:03 1.9466 0.00 0.00 2.00
7 10673655 22222 2007.02.12 19:55 sell stop 0.30 gbpusd 1.9460 1.9490 1.9360 2007.02.12 22:59 1.9474 0.00 0.00 0.00
8 10673658 22222 2007.02.12 19:55 sell stop 0.30 gbpusd 1.9450 1.9480 1.9350 2007.02.12 22:59 1.9474 0.00 0.00 0.00
9 10673664 22222 2007.02.12 19:55 sell stop 0.30 gbpusd 1.9440 1.9470 1.9340 2007.02.12 22:59 1.9474 0.00 0.00 0.00
10 10673657 22222 2007.02.12 19:55 buy stop 0.30 gbpusd 1.9494 1.9464 1.9594 2007.02.12 22:59 1.9475 0.00 0.00 0.00
11 10673660 22222 2007.02.12 19:55 buy stop 0.30 gbpusd 1.9504 1.9474 1.9604 2007.02.12 22:59 1.9475 0.00 0.00 0.00
12 10673654 22222 2007.02.12 22:20 buy 0.30 gbpusd 1.9484 1.9454 1.9584 2007.02.12 22:59 1.9474 0.00 0.00 -10.00
0.00 0.00 -7.00I did not close anything manually.
And I am using trailing stop =10 and because of that I got small profit and small losses as well. Will continue with my settings and then will increase trailing stop up to 20 pips.
hop... another +30 for GBP news....
The same is here, I also caught 30 pips on GBP CPI. It was very quick and smooth. (Could have been 60 pips as well, but better is one pip profit than any loss...)
I had no other trade today so far. US Trade Balance will be the next one my computer with this EA goes for.
2:30pm USD Trade Balance (+0pips)...
OrderStep was 15 on EUR/USD.
ooops cut too fast... missing pips but no lost.