AutoTradingFx.com

Amazing Forex expert advisor is not a common expert advisor which would use some implemented trading strategy and earn you money automatically. It is a "news trader". A form of automated breakout trader which only works on the set date and time (the ones of the Forex related news, like interest rates decision, you are expecting). You give it the day, hour and minutes of the upcoming news release and it determines the best breakout ranges, stop-loss, take-profit and trailing stop-loss to use in the current market conditions.

Obviously enough I do not include any test results with it. I just recommend you to use it if you are in the Forex news trading and prefer fundamental analysis over the technical analysis.

What input parameters do I need to set?
There are only 3 parameters that require your modification — Day, Hour and Minute of the news release:

1. NDay — should be set to the day of month (from 1 to 31) on which the news comes out; this day should within the current month and the current year, of course.
2. NHour — should be set to the hour (from 0 to 23) when the news comes out.
3. NMinute — should be set to the minute (from 0 to 59) when the news comes out.

Don't forget to check the difference between the time zone of your MetaTrader 4 platform and the time zone of the news you are awaiting.
You can also modify other paramters if you want:

• TP — target profit in pips.
• CTCBN — number of candles to check before the news release to determine the high and lows.
• SecBPO — seconds before the news release to place the pending orders.
• SecBMO — seconds before the news release when the orders can no longer be modified.
• STWAN — seconds after the news release to delete all pending orders.
• OCO — if one order is triggered it will cancel the other.
• BEPips — number of profitable pips before using a traling stop.