Compare News EA vs. TakeProfit in 2026

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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

TakeProfit is a modern TradingView alternative built for traders seeking flexibility and performance. The platform offers advanced charting, cloud-based indicators, and a vibrant community — all in one customizable workspace. Workspace & Charts Drag-and-drop widget system with Charts, Watchlists, Screener, IDE, and Notes. Four linking channels sync analysis across widgets. WebGL engine renders charts using GPU for smooth performance. Real-time candle generation from raw quotes — any timeframe, including custom intervals. Over 80 drawing tools with 40+ hotkeys. Watchlists & Screener Watchlists hold up to 1,000 instruments each with three view modes: Lite, Table, and Heatmap. Stock Screener covers ~5,000 US companies with 80+ filtering parameters. Cloud Indicators Indie scripting language — a Python dialect optimized for technical analysis. WASM-powered execution runs up to 50x faster than native Python. Platform includes 80+ built-in algorithms plus integrated IDE for custom indicator development. Alerts Up to 400 alerts with multi-conditional logic. Sub-100ms detection latency based on actual trades. Delivery via Telegram, Discord webhooks, or email. Market Data 130+ exchanges and brokers: NASDAQ, NYSE, Binance, Coinbase, Kraken, Pepperstone. Access to 5,000+ US stocks, crypto, forex, indices, and CFDs. Traders switching from TradingView highlight the modular layout, unorthodox design, and powerful customization as key advantages that make TakeProfit a game-changer.