MetaTrader News Expert Advisor - one cancels other expert advisor to trade the news [RobotFX]

News EA: https://robotfx.org/download/news-exp...
RobotFX OCO News forex expert advisor was designed to trade news events in an OCO approach. #OCO stands for one cancels other and refers to the EA’s ability to close a #pending #order (or more) once the price triggers an #opposite pending order.
...more at https://www.robotfx.org

Traders trading the news usually place two pending orders right before an important news event - that is the most known and profitable way to trade forex news - a buy-stop and a sell-stop. During and immediately after the news the price is likely to move in either direction, up or down, therefore triggering one of the pending orders. After that, the remaining (opposite pending) order is deleted.
The difference between #RobotFX OCO #News trading expert advisor and other one cancels other experts is that RobotFX can place multiple pending orders at a distance of your choice from each other. Also, it doesn’t miss the other important features that any good EA must have, like #stoploss, take #profit, #breakeven, trailing stop etc.

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