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Old 08-15-2006, 02:35 PM
herkfsu herkfsu is offline
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Trading news?

Are there any EAs that are used to trade the news? Something that puts a buy and sell limit close to the current price. When the NFP or something like that comes out either the sell or buy limit is hit and you close very soon after. I know there has to be something like this out there. Thanks guys.
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Old 08-15-2006, 02:37 PM
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increase increase is offline
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Quote:
Originally Posted by herkfsu
Are there any EAs that are used to trade the news? Something that puts a buy and sell limit close to the current price. When the NFP or something like that comes out either the sell or buy limit is hit and you close very soon after. I know there has to be something like this out there. Thanks guys.
Do a search there was one posted not too long ago
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Old 08-15-2006, 03:05 PM
herkfsu herkfsu is offline
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I did, but there are so many things that come up. Ill try to search in the EA section, that may help . thanks
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Old 08-15-2006, 03:39 PM
newdigital newdigital is offline
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Quote:
Originally Posted by herkfsu
I did, but there are so many things that come up. Ill try to search in the EA section, that may help . thanks
There are 2 or 3 EAs and seems they need to be improved. I could not find the threads. Probable one thread in elite section and two in this public forum. All of them should be tested more and should be fixed the possible errors.
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Old 08-15-2006, 05:39 PM
Maji Maji is offline
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I have a couple of news trading EAs that I am willing to sell.

http://www.forex-tsd.com/commercial-...ng-system.html
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Old 08-15-2006, 07:23 PM
aelimian aelimian is offline
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Quote:
Originally Posted by Maji
I have a couple of news trading EAs that I am willing to sell.

http://www.forex-tsd.com/commercial-...ng-system.html
Is this your pull back EA? Any performance record?
How do one pay for the EA?
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Old 08-15-2006, 07:32 PM
Maji Maji is offline
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No, that is not my pullback EA. However, I am thinking of selling my Pullback News trader for $1,000, including source code.

There are two EAs I am refering to here... one is the overpriced EA being sold on Ebay whose link I provided and the other one is a straddler.

As for performance, I can't make any guarantees nor can I provide any performance reports because I don't trade using the Ebay method. I just saw how expensive that EA was, and decided to offer a similar one for a lower price.

For the pullback EA, I used to post performance on the SBFX forum till I was skewered by Rick, who claims to be the founder of this method. For the record, I have evidence that he is not the founder of the method, nor does my system follow his rules exactly. It has been adapted to get rid of the subjective elements and have a trailing stop and minimum range for trade options.

I will take Paypal and Western Union. As usual, you will have to sign a non-disclosure statement and I hope you don't post the codes on forums. All you will do is reduce the edge of systems that you have purchased
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Old 08-15-2006, 07:53 PM
cgldsmth cgldsmth is offline
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More importantly, what are the best brokers (with MT4) for trading news. ie. with the least slippage?
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Old 08-15-2006, 08:55 PM
Maji Maji is offline
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One of the guys who bought the straddler and the pullback system from me trades it with IBFX on two accounts. On one account, he had a problem with IBFX not putting in the orders in two separate occassions. However, on one account he is doing great. He is in fact one of the top guys in the IBFX contest. As I don't have his okay, I can't publish his name. I will email him and ask him if it is okay.

Hope this helps.
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Old 08-15-2006, 11:49 PM
aelimian aelimian is offline
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Quote:
Originally Posted by Maji
No, that is not my pullback EA. However, I am thinking of selling my Pullback News trader for $1,000, including source code.

There are two EAs I am refering to here... one is the overpriced EA being sold on Ebay whose link I provided and the other one is a straddler.

As for performance, I can't make any guarantees nor can I provide any performance reports because I don't trade using the Ebay method. I just saw how expensive that EA was, and decided to offer a similar one for a lower price.

For the pullback EA, I used to post performance on the SBFX forum till I was skewered by Rick, who claims to be the founder of this method. For the record, I have evidence that he is not the founder of the method, nor does my system follow his rules exactly. It has been adapted to get rid of the subjective elements and have a trailing stop and minimum range for trade options.

I will take Paypal and Western Union. As usual, you will have to sign a non-disclosure statement and I hope you don't post the codes on forums. All you will do is reduce the edge of systems that you have purchased
Maji
Thank you for your reply. Signing and abiding by non-disclosure statement is completely OK with me and as I suspect with many. However spending $1000.00 for an EA without a trial period or performance record is something else completely. Some of us are not even trading with that amount. So if you will offer your EAs at fair price or for a limited trial period then, I believe some of us will give it serious consideration without disclosuring its content. What do you say.
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