Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

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

Our Forex robot is designed to generate consistent profits, irrespective of market conditions. Utilizing advanced calculations and trading algorithms, we have achieved a system that minimizes loss periods significantly. Even when XFXea experiences some trades that end in the red, it quickly recovers those losses through a specialized algorithm shortly thereafter. Crucially, this is accomplished without relying on the Martingale principle. The robot determines its entry points through a unique assessment of a specific set of bars, which helps establish a critical trading range. This range guides the timing and methodology of trades initiated by the system. In this account, we aimed to demonstrate the potential profitability of XFXea by adopting higher risk levels. However, it's essential to note that pursuing greater profitability inevitably leads to increased drawdowns, making it a balancing act for traders. Overall, the sophisticated strategies employed by XFXea illustrate how technology can navigate the complexities of Forex trading.

API Access

Has API

API Access

Has API

Screenshots View All

No images available

Screenshots View All

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5

Pricing Details

$49
Free Trial
Free Version

Pricing Details

$260 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

XFXea

Website

xfxea.com

Product Features

Product Features

Alternatives

Alternatives