Auto News Trader Forex robot runs on the well known and free to download and use, MetaTrader 4 trading platform. It will require a good Forex broker, so we suggest using it on TradingFX VPS and Using it on an ICMarkets Raw Spread Account for the Best Stability and Profitability.
Trading Idea
Specifications
License
1 Year Membership for the Annual Plan and a Lifetime Membership for the One Time Payment Plan.
Support
Full Support is Included.
Updates
Free Future Updates Limited to the Membership Type.
Brokers / VPS Recommendations
It will require a good Forex broker, so we suggest using it on TradingFX VPS and Using it on Tickmill Forex Brokers for the Best Stability and Profitability.
Usage Instructions
Detailed Usage Instructions are Included.
Refund Policy
60 Day Money Back Guarantee is Provided by the Vendor.
Supported Currency Pairs
MetaTrader Chart Timeframe
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3rd Party Verified Live Trading Performance
Live Test Summary
Trading Strategy
If it's not clear enough by its name, the Auto News Trader Forex robot trades by taking opportunity and make profit from Forex news releases. A well-known Forex trading strategy but could be hard to practically apply by traders due to the market volatility accompanying news releases. In fact to find a Forex robot like the Auto News Trader that solely focuses on news trading is not common these days.
An ECN Forex broker should be used with Auto News Trader for the best possible spreads and execution especially during news releases that can cause spreads widening and extra slippage which is done intended by some brokers that know the power of trading around the news to prevent traders from taking advantage and limit their profits in such periods. Some features in the Auto News Trader Forex robot try to limit the impact of this.
Forex news releases happen multiple times a day and this creates great chances for traders depending on Forex news strategies to trade in profit. NonFarm Payroll (NFP) days; the first Friday of every month should be generally avoided as during these days the news movement are too unexpected.
Summary
Overall, the Auto News Trader main idea is not new. The impact on spreads / slippage that news releases can have should always be taken into consideration. Some built in features can try to avoid unsuitable spreads and slippage. Auto News Trader should also be run first on a demo account without ignoring the fact that the brokers server on a demo account will be different from a real live account, so the liquidity affecting slippage are different in both.
Promotional Video (by the Vendor)
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Tags
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
