Magic News Trade Assistant
- Utilities
- Imasardz Maulana
- Version: 1.31
- Updated: 25 October 2023
- Activations: 20
Magic News Trade Assistant is a tool for trading when news is happening, this tool is very helpful in generating profits for you, because you can set your own Stop Loss and Take Profit clearly. This tool is perfect for trading on XAUUSD. News that we can use for trading such as JOLTS & NFP is very profitable. You will be calm and wait for your order to make a profit, it all depends on the news generated.
Recommendation :
• Currency Pair: XAUUSD
• Lot & Equity Ratio: 1:1000(if you have $1000 you can use 1 lot)
• Best Broker: Orbitrade (Because it has very low slippage, if you want to create an Orbitrade account you can contact the admin)
Specification:
• Lot Size: Determine the number of your lots
• Range Size: Calculation Distance Range is price is 2-3 Spread, can be set according to your wishes, it is automatically filled
• Stop Loss: The normal distance for stoploss is 5x Spread, can be set according to your wishes, it is automatically filled
• Take Profit: The normal distance for TakeProfit is 10x Spread, can be set according to your wishes, it is automatically filled
• Trailling: The distance when the order position is profitable and the Stoploss will increase to secure the profit, automatic distance 0.5-2x Spread
• Count: The number of orders we will place during the news, I usually use 2 orders, you can fill 2
• News Timer: Fill in the time according to the news taking place, you can use local time to fill it in, and in less than 2 seconds. For example, News NFP will take place at 19:30:00 in my local time, so I will enter in News Timer: 19:29:58
• Cancel Order: Enter the news time plus 1-2 seconds to cancel the order, because for good news the price will jump in the 1st second, for example: NFP News at 19:30:00, the price will jump and take our order at 19:30:00. 19:30:01 If the news is not good and the price does not jump and take our order, it will automatically delete the order to avoid losses because the news is not good.