A News Dispatcher

If you've ever wondered whether there are signals in the Forex market that provide good returns with an acceptable loss, you probably have heard of the trade on the news. Unfortunately, the information on this form of trading a little bit. This is mainly due to the fact that the concept of "trade news" and "Automation", until recently, been almost incompatible. Advisor for automated trading A News Dispatcher be able to fix it.

Forex market is like a living organism, and in fact the way it is. Thousands of traders constitute its essence and in fact shape its mood, simplistically viewed in the graphs. One of the components that form the mood of the market, are the news.

The most interesting - is that in the news release is usually the time malopredskazuemy mood of the crowd becomes predictable. Indeed, there is a direct relationship between the news data and the subsequent movement of the currency pairs. It is this pattern and uses developed in the laboratory of our secret adviser.

You can doubt all you want, but now it's time to dot the i, because with the advent of automated trading advisor for the answer "I do not know" to the question "whether the news trade work?" It lost its relevance. Simply download and try this EA. It's just as ABC!

The principle of trade

Advisor uses a strategy known as "straddle trade". During gEntryTime to a news release from a distance gEntryLevelFactor* [Minimum threshold setting orders] on the price set two pending orders volume was calculated as gRiskLevel percent of the funds. The [minimum threshold setting orders] is calculated by an expert based on historical data for the past five years for each instrument.

If through gExpiresTime seconds after the order did not work, they are removed. Otherwise it enters into force unit support position, which pulls the stop loss after every open positions gTrailStep points.

councilor settings

In order to make it easier to navigate to the settings, they are grouped as follows:

General settings

It is the trader's control panel, with which you can adjust the advisor for specific trading style. The parameters in this group have already been described above, but summarize them, are summarized in a single list:

gEntryTime - number of seconds before the news release when advisor expose pending orders;

gExpiresTime - the lifetime of a pending order in seconds after installation. If this time has passed, but the order did not work, then it is considered expired and removed from the chart;

gEntryLevelFactor - factor used for calculating the distance at which exhibited pending orders;

gRiskLevel - a percentage of the available funds are used for trading;

gTrailStep - the number of items that must pass price to adviser pulled Stop Loss order.

setting time

Counselor himself synchronizes output time news and trading server time. Unfortunately, it will automatically do not work (at least for the tester), so the counselor will need your help:

gTimeOffsetFromGMT - time zone offset relative to the broker the Greenwich meridian. For example, commonly used in all the shift from 0 to 4 hours for Europe and America in the -5 hours. you can have your broker to find out about the server time zone.

gUseDST - It indicates whether the server's time zone is used in the translation of both winter and summer.

For more information about EA

Work on the advisor began in 2009 and continues to this day. Development plans are extensive and, most importantly, attainable.

When creating advisor data on more than were collected and analyzed 25000 Economic releases from 2007 was the result 537 groups.

Since 2009, for individual instruments it has been viewed about 2000 news releases in the history of ticks collected in the news release periods.

News division into weak, medium and important (as is customary in the calendar), it was not enough. As a result, it developed an algorithm by which we always know on what news and what instrument is best to trade for maximum profit (or minimal drawdown in the event of a more conservative trade).

Advisor is fully automated. Unfortunately, in the process of developing, we do not teach him to brew strong coffee, but with its direct responsibilities, he copes very well.

A modified version of the advisor participated in the Automated Trading Championship 2012, taking 33th place. View statistics and its trading history here: https://championship.mql5.com/2012/ru/users/Vladix.

The same version of the advisor and was transferred to MQL4. Her work at 70% of the risk can be viewed on the "Signals" (https://www.mql5.com/ru/signals/4019).

News - Trade is one of the tools in the trader's arsenal, we explored it, and packed together with instructions for use. And now you have another opportunity to select the available options: continue to fear the news release, or look forward to the next release in anticipation of profit.

The decision is only for you!

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