News EA: Harnessing Major Market Moves with No Indicators

Mike 2011.11.09 15:10 23 0 0
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Meet the News EA—your go-to automated trading buddy that thrives on major market movements without relying on traditional indicators. This Expert Advisor is designed to execute stop orders that adjust dynamically, maintaining a specific distance from the current market price.

When the price makes a sudden move, the News EA quickly adapts, turning your stop order into a market order if it doesn’t have time to adjust. Plus, it comes with built-in trailing orders to help you lock in profits!

extern int Stoploss = 10, // Stop loss if 0 is not changed
extern int Takeprofit = 50, // Take profit, if 0 is not changed
extern int TrailingStop = 10, // Length of trail, if 0 no trail
extern int TrailingStart = 0, // When trail is used, e.g., after reaching 40 points
extern int StepTrail = 2 // Trail step - move stop-loss not closer than StepTrail
extern int NoLoss = 0, // Transfer to breakeven for a given number of profit points, if then no move to breakeven
extern int MinProfitNoLoss = 0, // Minimum earnings when moving to break-even level
extern int Magic = 77 // Magic number
extern int Step = 10, // Distance from the price
extern double Lot = 0.1;
extern int TimeModify = 30 // Number of seconds before an order is not allowed to change
extern int slippage = 30 // The maximum deviation of the price for market orders

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