News EA Trading
Budget: €250 – €750 EUR
1. Define the range of the last X candles
2. Go on an economic calendar
3. Set a buy stop x pips above the range and a sell stop below the buy stop x pips ONE HOUR BEFORE THE NEWS with at least 2 bulls
4. If we are above the range and the Buy Stop is activated, the Sell Stop moves up as if it were a Trailing, (if the Sell Stop is activated first, the Buy Stop Moves down)
5. when the sell stop is activated, the position is closed and a stop loss is entered at X Pips and with TP at X PIPS (if the sell stop is activated first, when the buy stop is activated, the sell is closed, and activate TP and SL )
6. If Both Activate But There Is No Profit Between Hedging Because Breakout Occurred Due To The News, Close Both Positions With Small Loss
Below the range we will do the opposite
2. Go on an economic calendar
3. Set a buy stop x pips above the range and a sell stop below the buy stop x pips ONE HOUR BEFORE THE NEWS with at least 2 bulls
4. If we are above the range and the Buy Stop is activated, the Sell Stop moves up as if it were a Trailing, (if the Sell Stop is activated first, the Buy Stop Moves down)
5. when the sell stop is activated, the position is closed and a stop loss is entered at X Pips and with TP at X PIPS (if the sell stop is activated first, when the buy stop is activated, the sell is closed, and activate TP and SL )
6. If Both Activate But There Is No Profit Between Hedging Because Breakout Occurred Due To The News, Close Both Positions With Small Loss
Below the range we will do the opposite