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EA News with MA method shift Swings
Description
"At the end of the news period, the open price is applied to the trade, it is increased and followed by the EMA (Exponential Moving Average), and the bear selling is mitigated by the SMA (Smooth Moving Average), this moving average can be replaced by SMA, EMA, MA SIMPLE and linear weight for accurate swings. It is so can also be traded in regular SL&TP, Trailing stop & step or price fractions with a percentage of equity from the available balance.
Strategy
- One of the great advantages of trading currencies is that the forex market is open 24 hours a day, five days a week (from Sunday, 5 p.m. until Friday, 4 p.m. ET). Since markets move because of news, economic data is often the most important catalyst for short-term movements. And the
- 2An exponential moving average (EMA) is a type of moving average that places more weight on recent data points than a simple moving average (SMA). It is a first-order infinite impulse response filter that applies weighting factors that decrease exponentially.
Pairs and Time Frames
All Timeframes
Forex, Commodities, Crypto, Stocks, Energies
Warnings
- The EA Swings by news and MA
- The settings can be modified by the user
- Times of news can be changed at preferable paste.
Options
1.Stop loss and take profit Option ( regular )
2.Trailing Stop Option( no SL and TP )
3.Custom price fraction SL and TP( not regular ) 4.Lot Percent from owned Equity( not regular )