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This News Info Indicator displays the release of upcoming and past economic news on the MT4 charts. It has the ability to automatically stop the Forex EA before the economic news arrives . In today’s rapidly evolving world, economic news plays a pivotal role in the fluctuation of the foreign currency market, otherwise known as forex. Consequently, professional traders must consider the potential impact of upcoming news events when planning their trading strategies. Manual traders can use NewsInfo to brace for a news event, while traders using EAs may find it crucial for stopping their robots before the event . This is because, during significant events, the price movements can be drastic, leading to false data for indicators and erroneous indications for EAs. Furthermore, the rapid spread and slippage increase during news periods can result in significant losses, potentially ruining an otherwise profitable trading strategy. News EA Stop offers a comprehensive solution by integrating...

JFX EA is a fully automated Prop Firm Robot suitable for prop firms like FTMO. It works using a proprietary indicator. This indicator, a part of the core structure of PropFirm EA , is also available for manual trading if the user prefers a more hands-on approach. JFK EA operates through a combination of Averaging and Hedging trading methods . On default settings, Averaging is turned on while Hedging is disabled. However, users can modify these settings according to their trading strategy. They can disable Averaging if they wish for JFK EA to trade only one order. Users can also set Take Profit (TP), Stop Loss (SL), and trailing stop for each trading position, allowing for a more customized trading experience. The PropFirm EA provides a comprehensive set of settings that users can experiment with, facilitating traders to discover the best and most profitable settings for each currency pair. For example, users can understand the average volatility of each instrument and, based on t...

https://ift.tt/vVDzBlb The Elliott wave count indicator for MT4 is the best indicator to identify and count the waves. This visual representation enables the technical forex trader to excel in the Elliott wave trading strategy. Additionally, the wave count allows the trader to identify the BULLISH and BEARISH trends and the best BUY and SELL entry points. The indicator is best suited for new and experienced forex traders as the indicator calculates the waves automatically. Advanced traders can use Fibonacci levels and additional indicators to confirm the trading signals. Additionally, the indicator is free to download and easy to install. Elliott Wave Count Indicator For MT4 Trading Setup The above EURUSD H4 chart displays the Elliott Wave Count Indicator for MT4. In a BULLISH wave, the forex trader can enter a BUY position at the end of the second wave. The best stop loss for this technical trading forex strategy is the swing low of the first wave. On the other hand, the best ...

https://ift.tt/ou7TMIt NorthWest EA is an automated Metatrader 4 EA that is Free to Download. It works based on a well-known trend reversal strategy to buy at low and sell at high. It uses a virtual trade in determining position entry and does not use any indicators,  and it doesn’t require complicated settings because you need to load one of the given set files . It has a simple formula to work. To overcome false reversal before an actual reversal occurs, ea uses virtual trade to measure the highest and lowest trend, pending stop so that the entry point is not too late or too early, grid averaging, with mild martingale lot, widening the step, closing partial losing position to reduce drawdown and finally use trailing to generate maximum profit. This Metatrader EA does not require a large deposit to limit risk, and the worst-case scenario is losing small amounts of money. Whether you use a Grid EA or a Non-Grid EA, you still have to limit the amount of your deposit be...

https://ift.tt/JpFrn7l This Robot for Gold Trading is an automated Trading MT4 EA designed specially designed to trade on XAUUSD(GOLD) pair . Trading on Gold Market is more Profitable than other pairs and riskier, So having the right tool to help you is a big part of the gold trading process. Unlike traditional Martingale robots , this Robot for Gold Trading does not place the order grids against the trend. Instead, it positions them in line with the trend , capitalizing on market momentum and reducing risk. This technique is revolutionary in that when the trend changes, the robot intelligently reverses the balance of trading positions in the new trend’s direction . The result? The entire grid of orders closes in profit! An added benefit of this Gold Trading Robot is its flexibility. It can trade non-stop or operate at specific intervals, catering to the market’s volatility. The robot works best with trading instruments that exhibit good volatility, delivering optimal results. Howe...