Hi, I want to use this tread to share my Event Driven Trading System here - News Trader.
The program is free for download and use on any broker and any type of account ( live or demo). Here is the quick introduction of that system:
Name: News Trader
Producer: autratec
Currency: EURUSD; GBPUSD,AUDUSD,USDCAD;
Time Frame: 5M
Expected Monthly Return: 6% (Based on risk setting: 2% maximum lose per trade)
Expected Draw Down: 2-3%
Type of System: Event Drive. Price Action. Breakthrough. Financial behavior
Using Grid in Design: NO.
Fixed Stop Lose: Yes
Trailing Profit: Yes
Fund Size: 1K
Telegram: https://t.me/fxnewstrader
Let me know if you have any questions.
[21MAY] I have loaded 1K US version, for those have concern to use hedge logic to close the order. The hedge logic was disabled. Please feel free to select the version you want to test or use in production.
[2JUNE] EHS_V30EXT1K was released today. here are some new features:
1) New logic to prevent "Zero Divide" issue due to some broker data feeding problem.
2) Handle special symbol like: EURUSDf, EURUSD.c, etc.
3) Optimize the sequence of special market situation response. It will better handle CRAZY market situation and give more protection to investor.
4) Prepared historical news data to support backward test needs. The news event starts from 12APR2018 and support existing trading currencies. Be aware that MT terminal only return server time as GMT0, so the test result will be incorrect. Please request standard version through web which be able to better handle server time.
[1JULY2018] EHS_V31EXT1K released. Here are some new futures based on trader's feedback:
1) Program will check news event every 24 hours. No need to restart the MT4 client every Monday morning.
2) Get 1K version and standard version using different magic number. Avoid potential conflict.
3) STOP order open parameter was adjusted to avoid potential duplicated order due to MT terminal reconnecting to the server.
4) Same as v30. Removed the hedge close feature. US trader and Non-US will use the same version.
[26July2018] Telegram channel linking with News Trader program: https://t.me/fxnewstrader
[25Aug2018] EHS_V43EXT1K_HM and EHS_V43EXT1K_HML were released. Here are some new features:
1) Add in news filtering feature based on the impact level. HM version will only trade High and Medium impact news based FF definition. HML version will trade all the news events provided from news server. Trader can download the right version based on their preference.
2) The Stop order close sequence and Stop Lose setting was optimized to avoid the actual order left on the market without protection from opposite stop order and/or stop lose.
[21JULY2019] News Master: ESH_V58_EXT1K
1) Continue improving the internal code quality.
2) Add in OrderMode options.
0: existing trading mode. release two hedge order before market news release.
1: add in second investment after first batch investment completed. designed to handle difficult broker which issue wide spread at news release period. the lots size is same as first batch orders.
2: first batch order using minimum lots size to test broker response and second batch order back to normal. Designed to handle extreme difficult brokers.
3) also enable trader to turn Auto Event Loading feature off. so traders can use single event field to short for target event. this feature will be very usefully for those experienced traders. And tool can be extended to hedge any trading target and events, like Oil, equity, index and or weekend gap. etc. please feel free to try.