The problem of having a trial period is that I have to supply you with a ex4 file. I believe it can be decoded very easily. I don't have the time now to write a dll which is the best way to keep a code hidden.

The system more or less is disclosed, so you can really manually trade it adn don't need an EA. However, it is a pain in the neck to keep watching the screen and that is why I wrote the EA. Another advantage of the EA is that it takes your emotions out of the equation. The modifications are minor and may or may not have significant impact, but I have found that they suit my personality. In reality, I didn't want to sell my pullback news trader. I have posted the trades on the SBFX forum and a lot of people there knows about that, as I posted charts with the little arrows that MT4 draws. That system has an edge, because the broker can't possibly detect you are trading the news because you are entering after the news candle. However, if I have to sell, then I want a good price for it. That way, not too many people will buy it and the edge will still be there. Also, not many people will be willing to post on a forum a program that he/she bought for $1000.

You have to realize that I trade live with that system and don't depend on selling systems to make money. If I can sell, then it makes for some capital that I can use for trading. Kind of in a dilemma...

The other two programs are relatively cheap. Compare the one being sold on Ebay... my initial posting was to just undercut someone who was selling a ridiculously simple EA for a huge sum of money.

Here is today's trade using the Pullback Trader. It was a small winner of 22 pips. My other method made 27 pips. I am going to attach charts for Pullback Trader for all the trades I will make next week, winner or loser. However, sometimes, pullback will not put in a trade if the range criteria is not met and I will state that if that happens.

I hope that this gives a taste of what pullback does. By the way, this is in live account with IBFX.

Wish me luck

Attached Images

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Save your $1000, Try the forex factory forum
look under metatrader and then look for the straddle EA, there are 2 very good EA on the thread

use your fibonacci tools. Price is the ultimate indicator

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Im on the run, I kill to eat, Im starving now, and feeling dead on me feet. Going all the way, I'm nature's beast.

How do you use the finonaccci tools to trade news?

what is the performance of the news EA?

Forever,

The straddle EA is cheap, not $1000. The $1000 is the pullback system. The method is disclosed on an SBFX forum thread. I just coded it, with some modifications to suit my trading taste.

I am sure there are many free straddle EAs and many free EAs that are extremely profitable.

Good luck.

I have not tried the Stradle EA yet, but the Amazing EA that can be found on the same thread, is Amazing, 1 week 20% gain so far.

Maybe this one here might be what you want (time set and everything) my favorite and easiest to use of the News Trading EA's. Although I don't induldge in news trading personally. Good luck.

Attached Files

TimeBreakExpert_v1[1].1.mq4 (9.6 KB, 184 views)

Here is today's (8/21/06) USDCAD chart for the pullback trader. It broke even.

The straddler was supposed to make 2 pips, but I lost connection for about 40 seconds (God Darned IBFX), and the trailing stop did not work. Ended up losing 2 pips instead!

Just another day at news trading.

Attached Images

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