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Description
Knowing in advance about the stock market's movements constitutes insider trading, which is illegal; however, having foreknowledge of Forex market trends is permissible. This distinction underpins the concept of arbitrage trading in Forex, which focuses not on forecasting future market shifts but rather on pinpointing discrepancies in pricing across various brokers based on different price feeds to capitalize on those variances. We have created a user-friendly system that streamlines and automates this trading approach for newcomers. Latency arbitrage trading specifically involves utilizing specialized software to juxtapose a rapid price feed with that from a slower broker. A buy opportunity arises when the rapid feed shows a higher price than the slower one, while a sell opportunity emerges when the rapid feed reflects a lower price. This method allows traders to effectively leverage market inefficiencies for profit. Ultimately, the goal is to navigate these disparities with ease, enabling traders to maximize their returns without extensive market analysis.
Description
This Metatrader News expert advisor can trade forex news using an one-cancels–others (OCO), approach and track the price of winning trades.
News (oco), main functions
Places a specified number of opposite pending order below (short) or above (long), the price, just prior to the news release.
You can delete the orders opposite as soon as the price reaches a pending order (oco is one cancels other).
Places stop-loss, take-profit, trail, break-even etc.
The News expert advisor is designed to trade news events using an OCO approach. OCO stands for one cancels another and refers to an EA's ability close a pending or more orders once the price triggers a opposite pending order. This is an important feature of news trading.
Traders who trade news often place two pending orders just before an important news event. This is the most profitable and well-known way to trade forex news: a buy-stop or a sell-stop.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Pricing Details
$347 per month
Free Trial
Free Version
Pricing Details
$49
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
LeapFX
Founded
2012
Website
www.leapfx.com/arbitron/
Vendor Details
Company Name
RobotFX
Founded
2006
Website
www.robotfx.org/p/news.html