- January 22, 2014
- Posted by: Forex Wiki Team
- Category: Expert Advisor
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Author: | forexavatar (2010.03.14 00:57) | ||
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Description:This is a small example of using news trading strategy. There are few strategies. I described them all on my site and add my article to the pipswanted.com blog aggregator here: http://pipswanted.com/Trading-News-Working-Methods-%C2%B7-ForexFellowcom-Making-forex-trading-Easy. I wrote about four different strategies to play news. This simple EA includes one and the most interesting of these strategies in my opinion. Here is description of the strategy: Here is sample code: if(orderOpenDate == currentDate) { //we place 2 orders: buy stop and sell stop if(ticket < 1) { orderAsk = Ask - bias * Point; orderBid = Bid - bias * Point; ticket=OrderSend(Symbol(),OP_SELLSTOP,lot,orderBid,1,orderAsk+Point*sl,orderBid-tp*Point,"NewsTrader",2,0,Red); } if(ticket2 < 1) { orderAsk = Ask + bias * Point; orderBid = Bid + bias * Point; ticket2=OrderSend(Symbol(),OP_BUYSTOP,lot,orderAsk,1,orderBid-Point*sl,orderAsk+tp*Point,"NewsTrader",2,0,Green); } } Recommendations:
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