NEWS EA v1.10
The NEWS EA v1.10 is an updated version of the automated trading system that manages trades around economic news events. It features filters to protect traders from market volatility caused by high-impact news. This version includes additional customization for handling trades before, during, and after news events, ensuring greater flexibility in risk management.
How the EA Works:
- News Filters: The EA incorporates customizable filters to avoid trading during high, medium, and low-impact news events. Traders can choose to avoid entering trades during these events to minimize exposure to unexpected market volatility.
- Pre-News Position Closure: The EA includes the option to close all open trades before important news releases, ensuring that traders are not exposed to sudden market swings caused by economic announcements.
- Customizable News Impact Levels: This version allows for fine-tuned control over which types of news events (high, medium, or low impact) should trigger trade suspensions or closures. Traders can adjust the settings based on their risk tolerance.
- Enhanced Risk Management: In addition to managing trades around news events, the EA includes core risk management features such as trailing stop, breakeven, and stop-loss functionalities to protect capital.
Why this EA is a Good Option:
The NEWS EA v1.10 is ideal for traders who wish to avoid trading during times of increased market volatility due to news releases. By offering customizable filters for different levels of news impact and the ability to close trades before news, it ensures that traders can control their exposure to unpredictable market events. This EA provides both peace of mind and a robust solution for news-based risk management.
