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Description
The extensive experience gained from navigating the complexities of Forex trading in highly challenging environments has truly paid off. If you've viewed the video on the initial page (which we highly encourage you to watch), you're already aware of what distinguishes Forex Megadroid from the multitude of other Forex robots that fail to impress. It's interesting to note that in the early days of trading, everything was conducted without any technological assistance. Traders relied solely on their skills, utilizing their hands and eyes to develop, test, and implement various strategies and systems. Our role as humans is to think critically, and it's from these thoughts that we relay information to the computer, creating an ideal synergy. The caliber of the ideas we transfer to the computer ultimately determines whether we achieve remarkable outcomes or settle for mediocre performance, highlighting the importance of quality in our trading approach. In this ever-evolving market, understanding this distinction can significantly impact your trading success.
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.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
MetaTrader 4
Pricing Details
$67 one-time payment
Free Trial
Free Version
Pricing Details
$49
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
Forex Megadroid
Website
forex-megadroid.com/index.php
Vendor Details
Company Name
RobotFX
Founded
2006
Website
www.robotfx.org/p/news.html