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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 Happy Market Hours?

Happy Market Hours adopts a trend/scalping approach that leverages technical indicators, proving particularly successful with currency pairs like EURUSD, EURCHF, EURGBP, USDCAD, USDCHF, and GBPUSD when assessed on the M15 time frame. This expert advisor is tailored for both standard and ECN accounts, yet it's crucial to recognize that not every broker is suited for executing a scalping approach effectively. The system features a Spread Filter, which stops the EA from placing trades if the broker's spread surpasses a set limit, thereby ensuring optimal trading conditions. Furthermore, it incorporates adjustable stop loss and take profit levels that respond to prevailing market sentiment, facilitating a more agile trading experience. The Happy Market Hours trading system caters to traders of various skill levels within the forex sector and is compatible with any substantial client accounts that operate on the Metatrader platform. By streamlining trading processes and enhancing overall profitability, this EA aspires to provide significant advantages to its users in the competitive world of foreign exchange trading. Therefore, it serves as a valuable tool for anyone looking to improve their trading strategies.

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

€299 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

Happy Market Hours

Company Website

www.happyforex.de/happy-market-hours/

Categories and Features

Categories and Features

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