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What is News EA?

The Metatrader News expert advisor is designed to capitalize on forex news by implementing an OCO (one-cancels-others) strategy while monitoring the performance of successful trades. This approach involves placing a predetermined number of opposite pending orders—either short below or long above the current price—right before a news announcement is made. As soon as the market price activates one of these pending orders, the opposite orders can be automatically canceled, which is a critical aspect of this news trading method. Additionally, the system is capable of setting stop-loss, take-profit, trailing, and break-even options to enhance trade management. Utilizing the OCO mechanism is crucial for traders, as it allows them to efficiently respond to market movements. Many forex traders often employ this strategy by establishing two pending orders right before significant news releases, typically consisting of either a buy-stop or sell-stop order, which is recognized as one of the most effective methods for trading news events. By integrating these functionalities, the News expert advisor aims to maximize trading opportunities during volatile market conditions.

What is Alfa Scalper?

Setting up Alfa Scalper is a breeze; you can easily download it from the members' section. All it takes is a quick copy and paste into your MT4 platform, followed by activation with your trading account number. Alongside the Alfa Scalper package, a detailed Step-by-Step User Guide is included, providing everything you need to fully leverage this outstanding trading tool. We are committed to continuously improving "Alfa Scalper," and you will receive any significant updates we create at no extra charge. Having once been in need of support myself, I take great pleasure in assisting traders now that I have gained valuable experience and insights. Should you have any inquiries or require assistance, don’t hesitate to drop me an email. It’s worth mentioning that when you purchase Alfa Scalper, you receive a single license for one trading account, but this license is valid for a lifetime. This arrangement allows you to utilize the tool confidently for all your trading activities without the concern of ongoing fees. Moreover, this lifetime license ensures that you can focus on your trading strategies without the hassle of license renewals.

Media

No images available

Media

Integrations Supported

MetaTrader 4

Integrations Supported

MetaTrader 4

API Availability

Has API

API Availability

Has API

Pricing Information

$49
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

RobotFX

Date Founded

2006

Company Website

www.robotfx.org/p/news.html

Company Facts

Organization Name

Alfa Scalper

Company Website

www.alfascalper.net

Categories and Features

Categories and Features

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