- March 16, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Hi Forex Wiki Friends,
EA News Trap Description :
Good news for traders who always use the forex factory calendar to look for important news release schedules from forex, so I created an EA trap using the news datafeed directly from the forex factory calendar. As a fundamental trader, you must be familiar with the ffcal indicator which for some time had an error when retrieving data from the forexfactory web caused by an internal link movement, so it needed to be fixed so that it could be used again
On this occasion I will share an EA news trap or commonly called a straddle. News straddle is one of the best forex trading strategies ever. As the name implies, this strategy is based on high-impact forex news, to look for profit opportunities from big moves after news releases. To make it easier for us to trade, I have created an EA News Trap expert advisor, which is MSNS. This EA is also one of the results of an update from the EA Forex Straddle Pro with improvements to old features and the addition of new features. What's new? Among other things, improvements to the news datafeed of the forexfactory calendar and also the addition of the best new features.
What's new?
Among other things, improvements to the news datafeed of the forexfactory calendar and also the addition of the best new features.
This EA is also equipped with a virtual pending stop order, so that our pending stop is not known by the broker. The advantage of using this virtual pending soup is that we can use the pending stop distance below the broker's stoplevel value.
Broker Requirement :
The Forex Pair Correlation Calculator works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
EA News Trap Settings:
Download EA News Trap :
We highly recommend trying the Forex Pair Correlation Calculator with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.