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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 Forex Gump EA?

The Forex Gump EA is a highly effective Forex trading robot that features an advanced candle and news filter. Operating daily, this automated trading tool customizes each order's take profit level according to the current dynamics of the forex market. Users have the flexibility to select from three different settings: High, Middle, and Low, which provide a safeguard against exceeding losses defined within the EA's parameters, even if a system error occurs. This cutting-edge technology employs a multi-currency strategy, managing nine currency pairs, such as AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF, and USDJPY, all on the M1 timeframe. By utilizing this Forex trading solution, traders can remove emotional biases and external influences from their decision-making processes, leading to steady performance no matter the daily challenges. Its functionality guarantees operation five days a week, continuously scouting for lucrative trading opportunities so that users can take advantage of every possible earning chance without the risk of oversight. Consequently, unless you opt to turn off the system manually, your prospects for securing profitable trades remain strong and consistent. This approach not only enhances efficiency but also contributes to a more disciplined trading routine, encouraging users to stay engaged with the market.

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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

€199 one-time payment
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

Forex Gump

Date Founded

2017

Company Website

www.forexgump.eu/

Categories and Features

Categories and Features

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