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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 Fox Signals?

Fox Signals is a cutting-edge trading platform that leverages advanced artificial intelligence technology to provide users with real-time buy and sell signals specifically for cryptocurrencies and stocks. By employing complex algorithms, it carefully examines prevailing market trends to generate trading signals that boast an impressive accuracy rate exceeding 90%. Users receive timely notifications that include important details such as entry price points, multiple take-profit levels (TP1 to TP5), and suggested stop-loss thresholds, enabling them to make informed decisions while trading. The platform supports a diverse range of trading pairs available on top exchanges and incorporates features like trailing stop-loss to optimize risk management tactics. With mobile app access, Fox Signals allows users to monitor and act on trading opportunities from almost any location. Its user-friendly interface caters to traders across all experience levels, making it easier to execute trades based on AI-derived insights. Furthermore, the platform frequently refreshes its algorithms to ensure it stays competitive and responsive in the rapidly evolving trading landscape, allowing users to benefit from the latest market developments. This commitment to innovation ensures that traders can have confidence in their strategies while navigating the complexities of financial markets.

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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

$69 per month
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

Fox Signals

Company Location

United Kingdom

Company Website

getfoxsignals.com

Categories and Features

Categories and Features

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