After many years using an existing thread on FF, here: http://www.forexfactory.com/showthread.php?t=6854
I have decided to start a new thread to make it easier to download the latest version etc. which will always be uploaded to this first post.
AmazingEA is a Straddle Trading Program for MetaTrader that places Buy and Sell Stop Orders respectively above and below the current price of a Currency Pair. It has a timer and the idea is to setup a Straddle just prior to major News events. Although many Traders worry about 'Slippage' and Broker Tricks, it really is a case of choosing trades and currency pairs carefully, as it is still possible to do well.
Features:-
Runs on Multiple Currency Pairs Simultaneously
Tracks High/Low of Previous X Candles so can be used for Breakout Trading
Risk based Money Management
Trade in Either/Both Directions
SL, TP, Break Even and Trailing Stop
Runs against Indices/Commodities
Can Self-Disable due to Excessive Spread
Can Emergency Exit Trades affected by Excessive Slippage
Extensive Trade Logging and Recording of Ticks, Bid and Ask Prices
Can open trades far from Current Price and move into Position seconds before News
The version on this Thread was 7.00 and includes many features which can be used (or disabled) and is coded for both MT4 and MT5.
The latest version is now Automated and V8.00 and is available on a new thread:-
http://www.forexfactory.com/showthread.php?t=597450
Best of Luck !
I have decided to start a new thread to make it easier to download the latest version etc. which will always be uploaded to this first post.
AmazingEA is a Straddle Trading Program for MetaTrader that places Buy and Sell Stop Orders respectively above and below the current price of a Currency Pair. It has a timer and the idea is to setup a Straddle just prior to major News events. Although many Traders worry about 'Slippage' and Broker Tricks, it really is a case of choosing trades and currency pairs carefully, as it is still possible to do well.
Features:-
Runs on Multiple Currency Pairs Simultaneously
Tracks High/Low of Previous X Candles so can be used for Breakout Trading
Risk based Money Management
Trade in Either/Both Directions
SL, TP, Break Even and Trailing Stop
Runs against Indices/Commodities
Can Self-Disable due to Excessive Spread
Can Emergency Exit Trades affected by Excessive Slippage
Extensive Trade Logging and Recording of Ticks, Bid and Ask Prices
Can open trades far from Current Price and move into Position seconds before News
The version on this Thread was 7.00 and includes many features which can be used (or disabled) and is coded for both MT4 and MT5.
The latest version is now Automated and V8.00 and is available on a new thread:-
http://www.forexfactory.com/showthread.php?t=597450
Best of Luck !