The Forex News Trading Robot is an automatic trading system created to profit from the significant volatility in the currency markets caused by high-impact news events. The fundamental reasoning is based on a mean-reversion approach that exploits intraday seasonal volatility. The Forex News Trader Robot is far more discriminating than other trading robots, which can need a steady stream of trades to be profitable. It won’t go on sale until just before a major news event is anticipated, which will maximize the chance of significant profits while lowering risk.

Algorithms are used by Auto News Trader EA to decide when to enter and quit the market. It does not use grid or martingale strategies, in contrast to some systems. Each trade is carried out using market orders, each with a predetermined stop loss to protect investments from unanticipated market volatility.

Features of Forex News Trading Robot

One Chart Setup

The Forex News Trading Robot is designed for simplicity and efficiency. Traders do not need multiple charts for various currency pairs. Instead, a single chart setup is sufficient to trade all symbols, thus eliminating the clutter and providing a streamlined trading experience.

Multiple Currency Pairs Support

This trading robot supports multiple currency pairs, allowing traders to focus on the most favorable trading conditions across various currencies. This can increase diversification and potentially lead to more balanced and less risky portfolios.

Advanced News Filter

A sophisticated news filter is included with the News Trader Robot. This makes sure that it only initiates trades that are most likely to be influenced by breaking news. In order to evaluate this feature’s effectiveness and enhance performance, it can also be tested in the past using the Strategy Tester.

Recommendations for Auto News Trader

• Minimum account balance of 100$.
• This EA is one chart setup, so it’s only needed to attach on one pair. It will trade on all pairs described on the input parameter.
• EURUSD is recommended, and If your broker uses a suffix (e.g. EURUSD.a), you should update names in the Symbol parameter.
• Work Best on GBPUSD, EURUSD, and EURGBP (Work on any currency pair)
• Work Only on M5.
• MT4 cannot perform multi-currency backtests, So when you backtest this EA, you only get the result of the only pair you tested.
• This Auto News Trader EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
• Low Spread, Slippage, and quick execution account is Recommended (Find the Perfect Broker For You Here)

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