SimpleNEWS 2.0 - SimpleNEWS 2.0 free download, SimpleNEWS 2.0 - SimpleNEWS 2.0 download on software download

THE SIMPLE NEWS EA: This news EA does not require any time settings at all. In fact, the chart time frame does not matter and neither does the currency pair. All that matters is that a large price shift is caused by the news and this EA will catch the spike regardless of where it goes. How it works: The basic principle of most if not all News trading (a.k.a. Straddle EA) is the same. To open two separate pending orders, one above and one below the price. When the news is released if there is a large enough deviation from the expected number and the actual number the market will adjust one way or another. Sometimes by as much as 50 or more PIPs. When the big move takes place (regardless if it is up or down) one of your 2 pending orders will be filled and the other will be automatically canceled. At that point your trade is open and going into profit. The Trailingtop will follow the price as long as it continues to move into profit. Your profit is realized when (#1) the price hits the take profit level or (#2) the price turns around and hits your trailing stop. Either way you make money. Operation: Drop-and-play This EA will place the pending orders as soon as you attach it to the chart. So yes, you have to be there when the news hits. However, when it comes to trading real money, I would not have it any other way. And this method of operation makes it very simple to use and difficult to screw up. Once you have tested this EA a few times on demo you will be confident and ready to trade live with the SimpleNEWS v.02 EA in your live account. All the typical parameters are included (StopLoss, TakeProfit, TrailingStop etc.) Prerequisites: 1) A Computer with internet access. 2) MetaTrader Version 4.0. 3) A trading account (demo or real) with a broker that supports the MT4 platform. You will receive the Expert Advisor and full instructions to get set up and running. And by setting up on a free demo account you will be able to see this program in action before you risk a single penny.

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