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Average Ratings 0 Ratings

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ease
features
design
support

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Description

In Forex trading, safeguarding your deposit is paramount, which underscores the necessity of effective money management. Our Expert Advisor (EA) is designed to precisely define the maximum drawdown allowable, ensuring that you won’t exceed your anticipated losses no matter the situation. This EA employs advanced technology to automatically set StopLoss for all active orders at a level that guarantees you won’t lose more than what you have configured in its settings. The innovative algorithm behind Forex inControl is so versatile that it can seamlessly operate across various currency pairs; however, we have strategically selected the top two. By trading on these two pairs, potential losses from one can be offset by gains from the other, enabling a balanced approach to risk. This method of diversification not only stabilizes profits but also provides the flexibility to manage drawdowns independently for each pair, significantly enhancing your ability to mitigate risks. Ultimately, this strategy presents a compelling opportunity to achieve consistent profits while minimizing exposure to potential losses.

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

Screenshots View All

No images available

Integrations

MetaTrader 4

Integrations

MetaTrader 4

Pricing Details

$270 one-time payment
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 inControl

Founded

2013

Website

forex-incontrol.com

Vendor Details

Company Name

RobotFX

Founded

2006

Website

www.robotfx.org/p/news.html

Product Features

Product Features

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