Greetings all. i have an idea that i think it is useful and i want to post it here to see if any coder can help us. trading new can be gainful if there are no spillages for brokers. so i thought of a way to avoid that by hedging the market some minutes before news in order to take advantage of the spike. the idea is this
buy and sell position at the same time 3 minutes before news time. our EA will place the take profit and stop loss in stealth mode at about 20 seconds before the news. tp 30 and sl 15 for instance. if at news price heads north, the sell stop loss will be trigered at 15 pips and the buy take profit will fly. can any coder help us in this regard.
i have successfully traded this system with the attached ea but the problem with this wukar ea is that i had to reset the stop loss and thereby loose time. secondly, it does not have input for predefined stop loss and take profit to adjust at particular time hour minutes and second.
coders help please.
buy and sell position at the same time 3 minutes before news time. our EA will place the take profit and stop loss in stealth mode at about 20 seconds before the news. tp 30 and sl 15 for instance. if at news price heads north, the sell stop loss will be trigered at 15 pips and the buy take profit will fly. can any coder help us in this regard.
i have successfully traded this system with the attached ea but the problem with this wukar ea is that i had to reset the stop loss and thereby loose time. secondly, it does not have input for predefined stop loss and take profit to adjust at particular time hour minutes and second.
coders help please.
Attached File(s)
WUKAR.mq4
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406 downloads