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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

One major issue with trading grids is their vulnerability to significant market trends. While there can be extended periods without strong trends, it's essential to recognize that they will eventually happen. This grid strategy aims to address this challenge by gradually increasing both the volume of trades and the spacing between positions. The two by two grid is designed to endure more substantial trends than its expanding and fixed counterparts. Although it shares a similar expanding formula with the expanding grid, its approach focuses on securing profits from just the first and last positions. Employing a practical logic for initiating the first position, this method might not trigger immediately. The fixed grid, which is the most prevalent type, opens positions at regular intervals, called X points, from each preceding position. However, in the case of significant market trends, this approach can be detrimental, as it results in rapid position openings that lack the stability offered by expanding grids. Ultimately, the choice of grid strategy can significantly impact trading success in volatile markets.

Description

News Scope EAPRO is a highly profitable strategy for high-impact news trading. When a major news event occurs, the prices tend to spike in one or both directions. This creates an opportunity to scalp short-term. If the price movement is sufficiently strong, traders can gain 20 pips or even more in a matter of seconds. There are always risks and liquidity issues during high volatility moments can lead to execution delays, spread increases, and slippage. The broker conditions have improved over the years and spreads during major news events have fallen. This makes news trading profitable. News Scope EA PRO includes a money management system. The robot will automatically calculate your account's free margin and risk by setting a percent risk. News Scope EA PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin. In addition it comes with Advanced News Filter, Exit by Trailing Stop & Back-tick detection, Advanced Time Management System, E-mail and Push Notification System and etc.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$167 one-time payment
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

FXZIG

Website

fxzig.com

Vendor Details

Company Name

FXautomater

Website

www.fxautomater.com/forex-robots/news-scope-ea-pro

Product Features

Product Features

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