You're welcome! :-) Please note that all the EAs, indicators and scripts that I post here in FF are free but not open-source. This is my personal policy.

How to trade NFP/FOMC and make pips

That's right! However, the EA doesn't close the basket after 20 minutes. The user must close the basket whenever he/she thinks that there is no point of keeping the basket open. Also, the EA will not set any stop loss for the orders, the stop loss ...

How to trade NFP/FOMC and make pips

Works on both Demo and Live accounts. I fixed a few minor bugs in this version as well.

How to trade NFP/FOMC and make pips

Here is Version 1.40 of the EA that trades on Live accounts. file Note: The EA has not been fully tested yet, so there may be some bugs that cause your account blow up. USE IT AT YOUR OWN RISK, I DO NOT TAKE ANY RESPONSIBILITY.

How to trade NFP/FOMC and make pips

Here is Version 1.10 of the EA that trades on Live accounts. file Note: The EA has not been fully tested yet, so there may be some bugs that cause your account blow up. USE IT AT YOUR OWN RISK, I DO NOT TAKE ANY RESPONSIBILITY.

Reverse Martingale strategy

At the current state of the EA, it executes the strategy described in Post 1.

Reverse Martingale strategy

Hello Hardpike, You're welcome! Hope you make green pips!

Non-gap Renko Chart Creator EA

The user just starts a trade, the EA does the rest which means it opens new pending orders and moves the SLs.

Reverse Martingale strategy

You attach the EA to a chart, a few minutes before NFP news release you click on either Fire Buy! or Fire Sell!, the EA executes the strategy. Note: The EA only works on demo accounts at the moment.

How to trade NFP/FOMC and make pips

The first version only works on demo accounts since it has not been tested yet.

Reverse Martingale strategy

Here is the first version of the EA. The user fires Buy or Sell order, and the EA takes care of the rest.

Reverse Martingale strategy

It is under development ;-)

Reverse Martingale strategy

What you suggest is just to do Martingale. The strategy itself is risky, so let's not adding more risk to it at the moment.

How to trade NFP/FOMC and make pips

Today I opened a Sell basket 5 minutes before Unemployment Claims news, and the basket closed in profit (target 50 USD):

How to trade NFP/FOMC and make pips

Good idea but first let's see how the strategy works for NFP/FOMC news.

How to trade NFP/FOMC and make pips

Hello Yardi, Thanks for summarizing Orabi's method. I may give it a try later.

Numerical analysis

Hi Techlover! :-) I've heard about a similar strategy to this idea. The power of this kind of positioning is that it results in a high reward to risk ratio. I may develop an EA to backtest it.

Reverse Martingale strategy

No, just testing by entering the market randomly.

How to trade NFP/FOMC and make pips

Yes, 1K account with 0.1 lot size. It is for sure risky!

How to trade NFP/FOMC and make pips

Here is Version 1.35 of the EA that fixes a few minor bugs. In this version, first the market orders are closed and then pending orders.

How to trade NFP/FOMC and make pips