Greetings all. I have an idea that I believe it's useful and I would like to post it here to see if any coder can help us. Trading new can be redeemed if there aren't any spillages for brokers. So I thought of a way to avoid this by hedging the market a few minutes prior to news in order to make the most of the spike. The notion is this
buy and sell place at the exact same time 3 minutes prior to news time. Our EA will place the take profit and stop loss in stealth mode at about 20 minutes prior to the news. Tp 30 and sl 15 for example. If at news price heads north, the sell stop loss will be trigered at 15 pips and the buy make profit will fly. Can any coder assist us in this respect.
I have traded this system using the attached ea but the trouble with this wukar ea is that I needed to reset the stop loss and thereby loose time. Secondly, it doesn't have input signal for predefined stop loss and take profit to adapt at specific time hour minutes and instant.
Coders assist please.
https://www.forexforum.co.za/attachm...1297867237.mq4