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Forex News Trading – FRZ News Robot MT5

(1 customer review)

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MT4 Version

Description

FRZ News Robot is a fully automated forex news trading robot that you can just set up for once and for all and then it will run without any manual work as long as your MT5 is up and running. This robot follows a pending order strategy where two buy and sell pending orders are placed just before the high impact news releases. It uses an advanced algorithm to determine TP, SL, and Trailing Stop based on market conditions.

EA Specs

Product name FRZ News Robot
Current version 8.6
Platform supported MT5
Timeframes supported 01-minute chart
Supported pairs Any
No of trades a week It can be few or more trades a week depending on the presence of high impact news with significantly different actual figures compared to the forecast.
Recommended broker Any broker with low spreads and fast execution during news-times
Recommended min. deposit Any amount. But do not risk more than 2% of your balance per trade.

A VPS server is recommended for this EA as it needs to be running 24/5.

Settings

Explanations for each setting will be provided by a PDF readme file.

Screenshot

Installation Video:

Settings

NB: A user manual (PDF) will be provided with the EA explaining the above settings.

Recommended Pairs for Different News:

  • USD News: AUDUSD
  • EUR News: EURAUD
  • GBP News: EURGBP
  • CAD News: AUDCAD
  • NZD News: AUDNZD
  • AUD News: EURAUD

You may, of course, have more than one chart for one news. For instance, you can have several pairs with USD to target a US news event. But, this will, in turn, increase the risk.

Please note that past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here

Forex News Trading – FRZ News Robot MT5

1 review for Forex News Trading – FRZ News Robot MT5

  1. Jonathan K

    Really good EA and it is free!

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