News adviser working on the economic calendar. After the news, Advisor analyzes the behavior of the price and decide to buy it or sell it. The time available for analysis of price trader specifies independently recommended value of 5 to 10 minutes. During this allotted time trader of news release Advisor collects information about the power of bulls and bears, the price usually is expanding its trading range and does not move in any one direction. At the end of the allotted time for the analysis of the adviser will make a deal. For the trailing positions with a trailing stop loss with a turn-protective pending order in case the price will be developed. Stop loss together with a turn-pending order is pulled at an equal value of the stop-loss region for price until when stop loss of open orders do not reach the level bezubytka, then the pending order is deleted and starts virtual trailing stop.
Adapted for 4-5-valued prices. It is recommended to use the Advisor on EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, EURCHF. Transactions are made on the market (Market Execution) – take-profit and stop-loss is set after the execution of the warrant, and modified according to the established in the EA settings. For the smooth operation needs VPS-server, the minimum deposit – 100 units of base currency. Timeframe does not matter.
To get started, the expert must do the following:
In the trading terminal menu, open the “Tools” —> “Settings” —> “Expert Advisors” —> add the address “http://calendar.fxstreet.com” in the field “Allow WebRequest for the following URL”.
Advisor can not be tested in the strategy tester, so download the demo version to test the link.
- MinutesAfterNews – minutes after the news for the price analysis;
- NewsImpotance – the importance of the news;
- AutoLot – avtoraschet trading lot, depending on the balance. When 0 is not used;
- Lot – Par if AutoLot = 0;
- TakeProfit – Take Profit in points;
- StopLoss – initial stop-loss points;
- VirtualTrailingStop – the number of points to start the virtual trailing stop;
- VirtualTrailingStep – move the trailing stop;
- Magic – the magic number. When 0 is working with all orders;
- Comment – comment on the orders;
- DrawInfo – the information on the chart;
- Language – Select a language for display on the chart information:
- _English – English;
- _Russian – Russian;
- TextColor – text color.
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