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Expert Advisor designed for news trading.

The news are downloaded from the Forex Factory, Investing.com, myfxbook.com websites.

Make sure to add the URL to the terminal settings.

The EA should be attached to each currency chart. In the Symbol News field, set the currency symbol for searching news in the calendar. Example: if the EA is attached to the AUDUSD chart, set Symbol News to AUD; if USDCAD, Symbol News – CAD, XAUUSD Symbol News – USD, and so on. Change the magic number for each chart, any timeframe.

The robot works with pending and market orders. It places two Buy stop and Sell stop orders before a news release, or sets levels hidden from the broker. In case a level is broken, an order is opened.

The EA features a function for trading news from the list using pending and market orders. To use this, add the desired news to be traded and specify the numerical deviation for opening an order.

Settings

Type Trade – trading type (trade news from the calendar or news entered manually)
Symbol News – symbol of the news
Order Type for Type 2 – type of orders for trading news entered manually
Time to read calendar data, sec – time to read the data from the calendar from the list for the trading type 2 with market orders
Distance to orders – distance to place orders and levels
Hide pending orders setting – hide placement of orders
Hide Take Profit setting – hide placement of take profit
Hide Stop Loss setting – hide placement of stop loss
Take Profit – take profit
Stop Loss – stop loss
Type of initial lots – use a fixed lot or a free margin percentage
Fixed lot – fixed lot to be used in trading
Using margin, % – free margin percentage to be used in trading
Profit transfer stop to breakeven – breakeven activation
Step breakeven – breakeven step
The trailing stop – trailing size
Step trailing stop – trailing step
The maximum spread – maximum spread to open an order
Slippage – maximum slippage. If a slippage exceeds a specified value, orders are removed
Interval modify orders – move orders towards the price after a specified time interval in seconds (0-off)
Align the order of, s – place stop orders before a news release in seconds
Remove pending orders through min – delete orders if none has been triggered after a specified time
Open new orders if there are open orders – open new orders if there are open orders present on the given currency pair
Max Drawdown – maximum drawdown percentage
Magic Number – magic number
Comment – comment to orders

Doubling the opposite order

Doubling the lot of the opposite pending order – when one of the orders triggers, an opposite order with a doubled lot will be placed.
Number of doubling (1-3) – how many times orders will be doubled
Interval modify orders of, s. (0-off) – modification of the order following the price (disabled if 0)
Distance – the distance for placing the order
Deleting pending orders, sec. – deletion of doubled order

Limit orders before news releases

Use setting limit orders to the news – use limit orders before news releases (on/off)
Distance – distance for limit orders
Stop Loss – stop loss
Lot – лот
Trailing stop – trailing stop value
Step trailing stop – trailing step
Remove limit orders through sec. – deleting limit orders after this time

Hedging settings

Use Hedging – use hedging (enable/disable)
Distance – hedging distance
Coefficient of Take Profit – take profit ratio (to determine the take profit distance, the distance is multiplied by the coefficient)
Coefficient for lot Hedging – lot multiplier

Limit Orders grid setup

Use a limit order grid – use a grid of limit orders
Distance – distance to place limit orders
Max. count. limit orders – the maximum number of limit orders
Trailing Stop Break Even – total trailing of limit orders
Take Profit on the Break Even – take profit based on breakeven
Number martingale limit order (0-off) – number of the martingale limit order (0 – disabled)
Coefficient – lot multiplier