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Description
The Forex Real Profit Expert Advisor (FRPEA) is an automated forex trading bot crafted by experienced traders who are driven by their passion and vision, aiming to generate consistent long-term profits with reduced risk. Engaging in manual trading without adequate experience often leads to common critical errors, such as impulsive trades, prolonged losses, hasty exits from profitable positions, and revenge trading, all of which can severely deplete your trading account. It takes a great deal of patience to wait for optimal trading opportunities, and having the discipline to enter and exit trades at the right moments is crucial. Our forex robot serves as an effective solution, utilizing technical signals to execute trades while allowing the trader to relax and enjoy leisure time, such as lounging on a beach. Although it is not a guaranteed path to success, it equips traders with the tools to analyze market conditions, implement appropriate strategies, and manage risks effectively, ultimately leading to a higher ratio of profitable trades compared to losses over time. This way, traders can focus on other aspects of life while still participating in the financial markets.
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
$199 per year
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
Forex Real Profit EA
Founded
2009
Country
United States
Website
www.forexrealprofitea.com
Vendor Details
Company Name
RobotFX
Founded
2006
Website
www.robotfx.org/p/news.html