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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 InstaForex?

Forex trading has become accessible from nearly any location, whether you're traveling for work, relaxing on holiday, or hanging out with friends. The InstaForex trading platform has been tailored for Android devices, enabling you to trade anytime and anywhere around the world. To trade on your mobile, all you need is a stable Internet connection. With the InstaForex MobileTrader, you can easily manage your trading account and participate in forex trading without limitations. Once you download the app, you will have access to real-time quotes for various trading instruments, multiple types of orders including pending orders, different execution methods, a comprehensive trading history, an easy-to-navigate interface, the option to use demo accounts, and up-to-date news and analytics from the company. Moreover, the app ensures that you remain informed and engaged, significantly enhancing your overall trading experience. This convenience allows traders to make timely decisions, ultimately improving their chances of success.

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

InstaForex

Date Founded

2007

Company Location

Cyprus

Company Website

www.instaforex.com/sp/

Categories and Features

Categories and Features

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