FriendForNews

The FriendForNews Expert Advisor has been created for trading during the release of high-impact economic news.

The EA opens positions at a specified time, in one or both directions, as defined in the settings.

At a new tick 10 seconds before the specified time, the EA analyzes the spread, and if it is less than the predefined maximum value, a position is opened. After that, the position is maintained using a special virtual trailing stop or is closed by stop loss.

The EA uses virtual take profit, trailing stop and stop loss levels. These levels are specially adapted for use during the release of economic news, as they eliminate false triggers.

The EA has been originally designed for implementing the following idea:

Open 2 accounts at a broker with a leverage of 1:1000.

Open a sell deal on account #1.

Open a buy deal on account #2.

The deals are opened for all free margin available, taking the leverage of 1:1000 into account.

Real account monitoring:

Account #1 FriendForNews SELL

Account #2 FriendForNews BUY

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