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FastBreakNews

Before news release, the EA places two pending orders at a preset distance from the current price – BUYSTOP and SELLSTOP.

If the published news does not immediately cause a strong price movement, and the price starts to slowly move in a certain direction, the EA moves one of the order away, and the other one is moved closer following the price, until the price starts moving fast or the orders expire. This makes it possible to place orders as close as possible to the price (20-30 points for the five-digit quotes) with a low probability that the price may hit the order and go in the wrong direction in case of weak news.

When a pending order triggers, the EA immediately tries to move the position to breakeven and sets a take profit, while still continuing to drag the other order in the event of a sharp price reversal.


Parameters of the EA:

  • ID = 10092015 - magic number. If ID=0, the EA places pending orders with the 0 ID and manages all the orders with the same ID. Manually opened orders also have 0. With an other ID>0, the EA places orders with the specified magic and manages only its own orders.
  • Type Lot = Fixed Lot. It has two possible values: "Fixed Lot" - the lot value is equal to the "Lot" parameter, "Percent of balance" - it uses percent of account balance specified in the "Lot" parameter.
  • Lot = 1.0 - lot size of pending orders if "Type Lot"="Fixed Lot" or percent of the account balance if "Type Lot"="Percent of balance".
  • The time of the news = 2015.10.05 19:57 - time of news release according to the terminal time. To be set manually. The EA will not do anything before this time. If you want to place and modify orders irrespective of time settings, set time_news to some past time.
  • Start (sec) = 10 - number of seconds before the scheduled news release time, when the EA starts working: places pending orders or modifies existing ones.
  • SLEEP (msec) = 500 - time in milliseconds (1 second = 1000 milliseconds). A delay before order modification. For example, if the is at a distance of stepmin from a pending order, then the order will not be modified, if less than the specified time has passed since the previous modification.
  • Order delete (sec) = 60 - the time in seconds after which pending orders are deleted. The EA will continue to manage open orders.
  • StopLoss distance (pip) = 50 - the stop loss in points for a position that has not been moved to breakeven. It is set together with a pending order and for the previously opened positions. If the stop loss of an open positions is smaller that the given one, stop loss will not increased.
  • TakeProfit (pip) = 1000. It is set only for the orders that have no take profit and have been moved to breakeven. Already set TPs are not modified.
  • Minimum distance = 20 - the minimum distance in points, where the EA will move a pending order away from the price.
  • Maximum distance = 50 - the maximum distance in points, where the EA will move a pending order closer to the price. Initially pending orders are placed at a distance of (stepmin+ stepmax)/2 from the price. If the price moves away from a pending order by a distance greater stepmax, the order moves up closer by the distance of (stepmin + stepmax) / 2. If the price moves close to a pending order closer than stepmin, the order moves away by the distance of (stepmin + stepmax) / 2. For BUYSTOP it moves from the Ask price, for SELLSTOP it moves from Bid.
  • Use trailing = true - trails stop towards breakeven.
  • Only to trail the profit = true - Move stop loss towards breakeven only when the prices enters the profit area.
  • TrailingStop = 500. The distance to trails stop loss of a profitable position.
  • TrailingStep = 10 - minimum trailing step.
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AW Trading Software Limited
4.4 (75)
L'Expert Advisor est un système conçu pour récupérer les positions non rentables. L'algorithme de l'auteur verrouille une position perdante, la divise en plusieurs parties distinctes et ferme chacune d'elles séparément. Une configuration facile, un lancement différé en cas de baisse, un verrouillage, la désactivation d'autres Expert Advisors, une moyenne avec filtrage des tendances et la fermeture partielle d'une position perdante sont intégrés dans un seul outil C'est l'utilisation des pertes
Prisma EA
David Jukl
The Prisma Expert Advisor is a set of rules that allows you to achieve consistent results on the FOREX currency market thanks to sophisticated open position management, quality money management and opening and closing of positions, where mathematics together with probability play the main role. Prisma is able to work with stability on all major currency pairs and their combinations provided the system is run with a suitable broker that offers favorable conditions for such trading. However, it is
XG Gold Robot MT4
Marzena Maria Szmit
4.52 (27)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Profalgo Limited
5 (3)
Promotion actuelle : Plus qu'un seul à 549$ Prix ​​final : 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) N'oubliez pas de jeter un coup d'œil à notre «   Ultimate EA Combo Package   » sur notre   blog promotionnel   !   LIVE SIGNAL Bitcoin Scalp Pro est un système de trading unique sur le marché.  Il se concentre entièrement sur l'exploitation de la volatilité du marché Bitcoin en négociant les cassures des niveaux de support et de résistance. L'EA se concentre sur la sécuri
MAX Gold 1
Peng Peng Gao
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Gemini Trump
Jingzhi Wang
Gemini Trump EA represents a sophisticated advancement in grid trading systems. Unlike traditional methods that rely on fitting the system to historical data, Gemini Trump EA is engineered to exploit existing market inefficiencies, leveraging authentic market dynamics to generate profit. Gemini boasts an impressive array of features designed for both convenience and performance. With its One Chart Setup, you can trade all supported symbols using a single chart, while its Multi-Currency Support s
Aurus Gold MT4
Dmitriq Evgenoeviz Ko
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TradeOnNews
Aleksey Ischenko
For those who trade on the news... At the appointed time, the EA places stop orders BuyStop and SellStop. The distance of placing orders from the current market prices is customizable. If after a specified time (timer) no orders are triggered, the EA will modify them. Move them back to the right distance from the market. When one order is triggered, the other is deleted. If no order is triggered within the specified period of time, both orders are deleted. For an open position it is possible t
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Version 1.2 2020.04.05
Добавлены параметры:

• Type of expert - Принимает значения "Run expert every day" или "Run expert only once".
• Type of time - Принимает значения "Local Time" или "Server Time".
• Type of orders - Принимает значения "StopOrder" (выставляются ордера "Buy Stop" и "Sell Stop") или "LimitOrder" (выставляются ордера "Buy Limit" и "Sell Limit").
• Type of Distance - Тип используемой дистанции при установке ордеров. Принимает значения "Static" (вычисляется как ("Min distance"+"Max distance")/2) "Extremum" (вычисляется как максимальная или минимальная цена за указанное в параметре "Analyzed number of bars" количество баров) "MaxBar" (вычисляет максимальную растущий или падающий бар за указанное в параметре "Analyzed number of bars" количество баров).
• Analyzed number of bars - Количество анализируемых свечей.
• Use Trailing - Разрешить или запретить использования трейлинг стоп.
• Type of Trailing - тип используемого трейлинга. "Profit Trailing" - использовать трейлинг только при превышении текущей цены цены открытия позиции. "Loss Trailing" - использовать трейлинг всегда. "Transfer to breakeven" - сразу переводить позицию в безубыток. "At the max/min price of the current bar" - стоп устанавливается максимальной или минимальной цене текущей свечи, в зависимости от открытой позиции.
• TrailingStop (points) - расстояние от текущей цены до стопа в пунктах.
• TrailingStep (points) - шаг трейлинга