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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 ForexRobot28?

ForexBot28 sets itself apart by engaging in trades across over 28 different currency pairs, which makes it a notable choice among various expert advisors available. With nearly three years of dependable performance on a live account, it showcases both reliability and stability across a diverse array of currency pairs. By leveraging sophisticated neural networks, ForexBot28 consistently delivers impressive trading results. Its versatility in operating on any currency pair facilitates ongoing trading activity, leading to a substantial number of active orders in the market at any given time. This continuous strategy not only ensures regular profit generation but also addresses the inactivity issues that frequently affect many competing EAs. As a result, traders can count on ForexBot28 to provide a more dynamic and engaging trading experience, ultimately enhancing their overall trading journeys.

Media

No images available

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

$49
Free Trial Offered?
Free Version

Pricing Information

$255 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

ForexRobot28

Company Website

forexbot28.com

Categories and Features

Categories and Features

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