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Trading the news with perfect timing trading system

  • #41
  • Oct 6, 2014 9:33am Oct 6, 2014 9:33am
We finished developing the News Trader for MT4 - the strategy presented in this thread can easily be automated with this EA. Check it out!
http://www.ea-builder.net/newstrader
  • #42
  • Oct 6, 2014 3:34pm Oct 6, 2014 3:34pm
Quoting eabuilder
We finished developing the News Trader for MT4 - the strategy presented in this thread can easily be automated with this EA. Check it out! http://www.ea-builder.net/newstrader

this EA won't work with this system as the size of the candle high and low is always different. Paris
  • #43
  • Oct 10, 2014 8:15am Oct 10, 2014 8:15am
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  • #44
  • Oct 15, 2014 11:49am Oct 15, 2014 11:49am
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  • #45
  • Oct 22, 2014 8:46am Oct 22, 2014 8:46am
Quoting Paris Hilton
{quote} this EA won't work with this system as the size of the candle high and low is always different. Paris
The new updated version of the MT4 News EA uses the DailyFX calendar and allows backtesting.
Also, there's an optional feature that allows you to set the pending order at the High/Low of the current candle, on any timeframe you choose (H4 by default).

If you're a blogger, you can get the EA for free if you post a review of it on your blog.
Let me know if you have any questions or suggestions.
  • #46
  • Oct 30, 2014 3:32am Oct 30, 2014 3:32am
Has any bought this EA and does it actually work?

Could somebody help?

Cheers
  • #47
  • Nov 9, 2014 10:01am Nov 9, 2014 10:01am
Quoting afolabiay
Hello Traders happy to say this is my third thread in forex factory, this is one of my favourite trading system apart from MACD and trend line which is located @ http://www.forexfactory.com/showthread.php?t=395428 am sorry i don't know how to teach you have to take as it is..i hope you will learn and enjoy this thread lets get to business... Advantages of trading the news with perfect time You don't need to sit at your PC all the time you will make money in instant loss are regain back instantly you have time to trade according to the...
Is this method still valid with all the high level volatility going on in the market lately?... If anyone is still using this quick scalp fundamental method I will like to discuss further... Thank You
  • #48
  • Nov 15, 2014 5:08pm Nov 15, 2014 5:08pm
Quoting REgroup
Has any bought this EA and does it actually work? Could somebody help? Cheers
The EA works, it does what's it supposed to do. It places pending orders before the news, with all the rules of this system.
The results in terms of profitability however are arguable. But it can be backtested on news data from the several years, so you can tweak its parameters around until you like what you see.
  • #49
  • Dec 1, 2014 7:17am Dec 1, 2014 7:17am
iI ran across your thread last night and I really like it a lot! Couple of questions I have...

1. After the news breaks how long do you leave the pending orders in place before you cancel them?

2. You stated at the beginning of the thread that you use a four hour candle but later on in the explanations you say you can use any candles. I am a little confused with that.

thanks again for posting your strategy. It's really good.
  • #50
  • Sep 15, 2015 4:44am Sep 15, 2015 4:44am
Quoting jmullins9646
iI ran across your thread last night and I really like it a lot! Couple of questions I have... 1. After the news breaks how long do you leave the pending orders in place before you cancel them? 2. You stated at the beginning of the thread that you use a four hour candle but later on in the explanations you say you can use any candles. I am a little confused with that. thanks again for posting your strategy. It's really good.
yes as long as it has good gap.. but i recommend 4 hours chart because it is not as lite as smaller time frame
  • #51
  • Sep 15, 2015 4:49am Sep 15, 2015 4:49am
Quoting eabuilder
{quote} The EA works, it does what's it supposed to do. It places pending orders before the news, with all the rules of this system. The results in terms of profitability however are arguable. But it can be backtested on news data from the several years, so you can tweak its parameters around until you like what you see.
you are selling EA for this system without a beta testing?
  • #52
  • Sep 15, 2015 4:50am Sep 15, 2015 4:50am
Quoting cabscesar
{image}
nice trade bro
  • #53
  • Sep 15, 2015 4:51am Sep 15, 2015 4:51am
Quoting nelsontr
Thanks Sir for this strategy, It just worked on the AUDUSD pair with the Retail Sales news. My TP was 20 pips.
you are welcome
  • #54
  • Sep 18, 2015 5:43am Sep 18, 2015 5:43am
Nice strategy. I think I want to try it. I was always told to avoid news, but now this changes everything. I am definitely subscribing
  • #55
  • Sep 19, 2015 4:03pm Sep 19, 2015 4:03pm
Quoting cassyd
Nice strategy. I think I want to try it. I was always told to avoid news, but now this changes everything. I am definitely subscribing
you wont regret trading news which broker are you using
  • #56
  • Oct 15, 2015 9:44am Oct 15, 2015 9:44am
XM micro. And my strategies are not yet there
  • #57
  • Oct 25, 2015 3:13pm Oct 25, 2015 3:13pm
Do you trade MEDIUM IMPACT news ? or only High Impact ??
  • #58
  • Dec 9, 2015 4:57pm Dec 9, 2015 4:57pm
Can anyone tell me.
Which broker and whic account type is good for this strategy coz I have checked many brokers has spread very big before 1-2 minutes in high impacted news.
Advance in thanks........
  • #59
  • Jan 10, 2016 6:47am Jan 10, 2016 6:47am
thank you so much this strategy seems interesting and potentially profitable


when you help people god give you back in spades
i hope i could be a full time forex trader gust like you
  • #60
  • Jan 10, 2016 8:12am Jan 10, 2016 8:12am
afolabiay, for you and your students, please review this topic http://www.forexfactory.com/showthre...84#post8678484
"Success is not a fantasy, is a formula." - MTI Institute
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