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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.
Description
Smart Scalper PRO, the professional version the popular scalper BF Smart Scalper EA, has many new features/systems and enhancements. Smart Scalper PRO is simple but it is based upon the most reliable trading principle since the existence of the markets: enter the market in the direction that a strong market impulse is detected, after which a reasonable correction can be made. This trading principle is based on our deeply encoded human psychology. It will never change. Smart Scalper PRO was designed to be as simple as possible to avoid the danger of curve-fitting which is the greatest enemy of EA trading. To improve the performance of Smart Scalper PRO, we have added many new features/systems. Smart Scalper PRO comes with Advanced News Filter. This filter allows you to avoid trading during the most important news and events. The news filter can increase profit factor and decrease drawdown. It is disabled by default, but you can set it up to your liking.
Smart Scalper PRO comes with Money Management System, Advanced News Filter, Advanced Time Management System, Friday Exit System, E-mail and Push Notification System, Multiple currency pairs support, Low drawdown, Reasonable TP and SL levels plus new ATR based algorithm etc...
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Pricing Details
$49
Free Trial
Free Version
Pricing Details
$147 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
RobotFX
Founded
2006
Website
www.robotfx.org/p/news.html
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/smart-scalper-pro