Example A4: News trading of high impact calendar events
This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.
Description
This example demonstrates news trading for high-impact economic events across all global currencies. The strategy opens positions 15 minutes before and after major news releases, capitalizing on increased volatility during these periods. The Average True Range (ATR) indicator provides adaptive stop loss levels that adjust to current market volatility.
A unique feature is the trailing stop loss that activates immediately at trade opening, continuously adjusting based on ATR values. This protects profits as price moves favorably while giving trades room to develop. The forward adjustment of 2.50 multiplies the ATR value, creating appropriate spacing for volatile news conditions.
High-impact events like interest rate decisions and employment reports often create significant price movements. This strategy positions traders to capture these moves while managing risk through dynamic stop losses that respond to changing volatility levels during news releases.
Recreate the Example
You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:
Trade Basics
- Operation type = Long
Signal Generation - Indicators (ATR)
- Signal in use = On
- Signal used for = Forward
- Selected indicator = ATR
- Drawing in chart = On
- Drawing slot = 1
- Forward adjustment = 2.50
Signal Generation - News
- Signal in use = On
- Signal used for = Entry
- Draw table with upcoming events = Off
- Pre event signal time = 900
- Post event signal time = 900
- Signals for ALL regions = On
- Signals for AUD region = On
- Signals for BRL region = On
- Signals for CAD region = On
- Signals for CHF region = On
- Signals for CNY region = On
- Signals for EUR region = On
- Signals for GBP region = On
- Signals for HKD region = On
- Signals for INR region = On
- Signals for JPY region = On
- Signals for KRW region = On
- Signals for MXN region = On
- Signals for NOK region = On
- Signals for NZD region = On
- Signals for SEK region = On
- Signals for SGD region = On
- Signals for USD region = On
- Signals for ZAR region = On
- Signals for undefined importance = Off
- Signals for low importance = Off
- Signals for moderate importance = Off
- Signals for high importance = On
Initial Stop Loss
- Selection = Indicator value
- Used indicator = ATR
Stop Loss Trailing - Indicator value
- Activation position = 0
- Type = Indicator value
- Used indicator = ATR
Initial Take Profit
- Selection = Risk ratio
- Risk ratio = 1.40
Screenshots
