Need a bot that trades high impact news

MQL5 Experts

Specification

I'm specifically looking for something to trade news events without requiring knowledge of the market’s direction after the news release. It utilizes buy stops and sell stops to enter trades in alignment with the market’s movement. Before the news release, the market may be either trending or consolidating. However, a strategy that does not focus on the market’s pre-news behavior. Approximately 60 seconds prior to the news event, something that places Buy Stop orders a certain number of points above the current market price. Simultaneously, it also places sell stops the same number of points below the current market price. Additionally, stop-loss orders and take-profit levels are set for all the positions. If the market reverses and hits the breakeven stop-loss level, we exit the trade without incurring any losses. Continuation: If the market continues moving in the sell direction, the stop-loss order will trail the price until it reaches the predetermined take-profit level (TP). Once TP is reached, all our positions will be closed, resulting in the maximum profit. Will also need source code

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Project information

Budget
80 - 100 USD
For the developer
72 - 90 USD