NewsAutoTrader Editor's Review
Newcomers in trading foreign exchange currency markets will do well and admit the observation of the experienced seasoned traders which have an idea of the perfect tool of Forex trading which is true illusion. However there is no perfect and appropriate tool for Forex trading exists, using the combination of tools for identifying the converging of the favorable factors of market may yield majority of intense probability trades over specific time period.
The Trend lines definitely deserve the close consideration and various successful traders even add them to collection of the Forex trading tools. Moreover, it needs to be stated at an outset that the trend lines do not offer a strong signal that can warrant while you make a trade. These are useful addition which offers the confirmation of the signals from various other tools. Below mentioned are the 3 main kinds of trend lines that you should know and you should use when you are about to make any kind of sense of the trend lines.
Basically, Trend lines are the lines which are drawn all across the important lows in the uptrend, and also the significant highs in the downtrend. So, more candles which are left and right of lowest candle in the uptrend or even highest candle in the downtrend can make the high or the low point to be more significant and important.
You may draw these short term trend lines all across the recent 2 lows, just for the uptrend or even the highs which are meant for the downtrend. These are considered to be best observed on the small time frame like 15 minute chart or the chart for 30 minute.They are considered to be the best observed on the higher time frame like for 60 minute chart. Moreover, you can connect them to nearest important low to the current price action to earlier important low in the uptrend or even nearest important high to the current price which is action to earlier significant high in the downtrend.
NewsAutoTrader is the advanced tool for Forex news spike trading which generates the trade signals by just reading as well as analyzing the headlines of live news. Using this you will be able to trade various economic indicators, like CPI, GDP, announcements of Interest rate, US Nonfarm Payrolls, Retail Sales and various other news releases which impact entire Forex market. It may be also useful for various other markets as well, such as the Futures and the Stock market. NewsAutoTrader does not need any monthly fees and it is the standalone software which uses MetaTrader 4 terminals as the source of news. Moreover, you can also add your customized sources of news through different three APS’s complete versions. You will get the delivery of news as quick as other news sources and you may also create your exclusive configuration. You would find the signals of visual buy and visual sell and can use any broker or agent for trading the news. This software can also be used on the VPS. Overall, I would rate this software 4/5.
NewsAutoTrader Publisher's Description
NewsAutoTrader is a Forex news spike trading tool that generates trade signals by reading and analyzing live news headlines. Using it you can trade many economic indicators, such as US Nonfarm Payrolls, GDP, CPI, Retail Sales, Interest rate announcements, and other news releases that impact the Forex market (including Binary Options). It can be useful for other markets too, such as Futures and Stock market.
* No monthly fees, standalone software
* Can use MetaTrader 4 terminals as news sources
* Use provided custom news sources (Full version)
* Add your own custom news sources via 3 different APIs (Full version)
* News delivery as fast as your news sources - you can create your own unique configuration
* Decentralized news delivery - no single news server
* Includes news scripts for most tradable economic indicators
* Trade signals generated from fastest news source
* Fully customizable trade logic and triggers
* Use any broker to trade the news
* Visual Buy/Sell signals
* Automatic clicker (autoclick) to instantly click Buy/Sell buttons on trade signals
* 2 level Buy/Sell signals, up to 100 mouse clicks for each signal
* Specify Buy/Sell button coordinates manually or use automatic detection method
* Can read multiple economic indicators to avoid conflicts
* Create your own news scripts with powerful Object Oriented scripting language
* Script editor
* Supports Perl compatible regular expressions in scripts
* Can call external DLL functions from scripts
* Script testing sandbox
* View live news headlines
* Log headlines to files
* Supported on Windows XP and later (Vista / Windows 7-10 / Server 2003-2012 R2), 32/64 bit
* Can be used on VPS
Free download from Shareware Connection - NewsAutoTrader is a Forex news spike trading tool that generates trade signals by reading and analyzing live news headlines. Using it you can trade many economic indicators, such as US Nonfarm Payrolls, GDP, CPI, etc. Includes autoclick feature.
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Shareware Connection periodically updates pricing and software information of 'NewsAutoTrader' from company source 'Xangi Software' , so some information may be slightly out-of-date. You should confirm all information before relying on it. Software piracy is theft, Using 'NewsAutoTrader' crack, password, serial numbers, registration codes, key generators is illegal and prevent future development of NewsAutoTrader.
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