This is a free EA from this site: [Dear Guest/Member you can't see link before click here to register]
You register and download the install file. The download tab is on the very right hand side of the site menu. After you properly installed and activated the EA, your chart should like the first one. There are questions and answers at the site that you might want to check first before you ask your questions. [Dear Guest/Member you can't see link before click here to register]
Here are a few things I know of:
1) You install the EA only on one chart, any pair in any time frame.
2) You must show all the symbols in Market Watch in order to have all the currency pairs available for the straddle. You may decide to only show major pairs excluding the exotic pairs.
3) The EA picks two pairs from the currency strength meter shown on chart to trade the straddle. For example, for UK Retail Sales news, the EA placed a pending sell GBPUSD and a pending buy GBPCAD. This strategy is designed to get around the no-hedging issue with the US brokers.
4) The pending orders are placed 20 sec (user input) before the news and 15 pips from the bid. If nothing filled within 30 sec (user input), both orders will be deleted.
5) If one order is filled, the other will be cancelled.
6) Default SL=15 pips, TP = 35 pips
7) The vertical lines on chart are the upcoming news events. You must set the offset hours correctly in your EA.
8) you may chose to trade all the news (default) or high impact news only.
I will post live trades made by this EA/broker name. Hope you do the same. Useful information is the name of your broker.
The GBPJPY trade on UK interest rate was from axitrader. The usdjpy trade on NFP news was from fxpig.
You register and download the install file. The download tab is on the very right hand side of the site menu. After you properly installed and activated the EA, your chart should like the first one. There are questions and answers at the site that you might want to check first before you ask your questions. [Dear Guest/Member you can't see link before click here to register]
Here are a few things I know of:
1) You install the EA only on one chart, any pair in any time frame.
2) You must show all the symbols in Market Watch in order to have all the currency pairs available for the straddle. You may decide to only show major pairs excluding the exotic pairs.
3) The EA picks two pairs from the currency strength meter shown on chart to trade the straddle. For example, for UK Retail Sales news, the EA placed a pending sell GBPUSD and a pending buy GBPCAD. This strategy is designed to get around the no-hedging issue with the US brokers.
4) The pending orders are placed 20 sec (user input) before the news and 15 pips from the bid. If nothing filled within 30 sec (user input), both orders will be deleted.
5) If one order is filled, the other will be cancelled.
6) Default SL=15 pips, TP = 35 pips
7) The vertical lines on chart are the upcoming news events. You must set the offset hours correctly in your EA.
8) you may chose to trade all the news (default) or high impact news only.
I will post live trades made by this EA/broker name. Hope you do the same. Useful information is the name of your broker.
The GBPJPY trade on UK interest rate was from axitrader. The usdjpy trade on NFP news was from fxpig.