Top 6 News Trading EA Software Applications ~ forex trading strategies hedging
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| Latest Version v3.1 [2015] |
Forex News Trading accounts for one of the most profitable trading methods in Forex due to its precise, and near definite outcome. An unquestionable fact is that it is the fundamentals that drives the market, e.g Jan 2015 Swiss Franc Cap-off Episode. The huge prospect for additional gains in news trading has ushered in special news trading applications with fantastic trade logic that enables semi-automatic and full-automatic news trading mode. This article reveals the Top 6 News Trading Systems (EAs & Applications) in the Forex Market.
NB: We conducted deep investigation into some of these News Trading Systems and took into consideration; speed, accuracy, profitability, proven performance track records, and affordability as part of the rating criteria.
This article does not serve as a recommendation to purchase any of the news trading systems listed here. Past performance is not indicative of future results. Please see our risk disclaimer notice, and be guided.
TOP 6 NEWS TRADING EA & SOFTWARE APPLICATION
Top #1. Quantina Forex News Trader EA 2015 Ultimate v3.1 (Automated & Manual)
The Quantina Intelligence News Trader was developed by the "Quantina Intelligence Ltd./Forex Research Lab. The News EA, which has been successful since its launch is fast gaining huge reputation for itself, and is also becoming very famous in the world of Forex news trading
The new release of the latest version 3.1, is now officially available at the retail price. The new version comes with better functionality and better returns for subscribers. Presently the two Lite version of Quantina has been removed by the developers with its features collapsed into the Ultimate Version.
The new release of the latest version 3.1, is now officially available at the retail price. The new version comes with better functionality and better returns for subscribers. Presently the two Lite version of Quantina has been removed by the developers with its features collapsed into the Ultimate Version.
Features (**added functionality v.3.1)
- ** Automated Major Currency Selection
- ** Runs on one chart - No need to open multiple charts
- ** Faster execution - Reduced internet usage
- ** Simplified settings - More easier to use with
reduced input list. - ** ECN/STP enabled
- ** Spread tracking/Trade Management system: After trade is triggered, EA automatically tracks it calculating with actual spread and slips (version 2015 v3.1 and above) and setting the Safety Net to the first profitable position (BreakEvenPips).
- ** Downloadable multiple trading strategies (set files)
- Advanced Forex News Filter - You can filter the news events by Country and/or News Importance.
- Automatic News Event Download - You do not need to search news events on many Economic Calendar around the internet. There is an in-built automatic news search into the EA and it can set itself (News Event Date, and Time) automatically.
- Profit Protection System - If the market is turned back before you reach the Take-Profit value, the EA can recognize that and close the position at positive profit.
- High Spread Protection System - To protect accounts from brokers that hunts stop loss.
- Advanced Money Management System & 100% Automated
Platform: All MT4 Accounts
Broker: All Brokers
News Source: Built-In & Server based
Mode: Automatic & Manual
VPS: Yes (see VPS Recommendation)
Reward Point: Yes
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Promotional orders are available until June 2015. For more information click here: Quantina News Trader EA 2015 Promotional Offer
Top #2. CNT (Currency News Trading) EA
This is one of the best FREE News Trading EA. However we cannot fully ascertain the statistic of its usage presently. The CNT EA was developed by a prolific Forex Trader (Henry Liu) the founder of Currency News Trading.com, News Profiteer.com, and Mastermind Mentoring System.
CNT EA downloads the weekly calendar from Henry Lius source server automatically, then places 2 trades by selecting the best currency pairs to trade with just seconds before the news schedule, effectively straddling the market in order to capture the entire move during high impact news.
Features
- 100% Automatic
- Integrated Currency Strength Meter - This is the core platform that helps decide which currency is best to trade with in relation to the expected news outcome.
- A standard performance page showing broker by broker performance of the EA. This helps to decide which broker is more news friendly.
- Trailing Stop Functions
- Ability to exclude pairs
- Adjustable account management and fixed lot size
Platform: All MT4 Accounts
Broker: All Brokers - See broker performance
News Source: From source server
Mode: EA
VPS: Yes
License: FREE (Requires registration for license authentication)
The CNT EA is rated 2nd due to its design, free cost, and direct support from its renowned developer, who is highly respected in the Forex industry. A news trading room is also available for traders who wishes to have live and direct trading experience during news release.
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Top #3. Secret News Weapon
New updates: Prices has been reviewed, and the Lite version has been removed and replaced with an institutional version called the Enterprise version.
Secret News Weapon makes it easy to capture economic news releases in the format you will find most useful. Whether you prefer to spike trade or after spike trade, either way, this is what you need. It works on nearly all trading platforms and any trade-able instruments that react to economic news such as Forex, FX Futures, Indices, Metals, Oil, e.t.c.
Secret News Weapon makes it easy to capture economic news releases in the format you will find most useful. Whether you prefer to spike trade or after spike trade, either way, this is what you need. It works on nearly all trading platforms and any trade-able instruments that react to economic news such as Forex, FX Futures, Indices, Metals, Oil, e.t.c.
It is one of the most popular auto click news trading software out there that fits its price. It comes in three main versions (Elite, Professional, and Lite), which suits diverse budgets, and experience level.
See a comparison table of the available verisons
| SNW Elite | SNW Professional | **SNW Enterprise | ||
| User Level | Intermediate | Beginner | Institutional | |
| Speed | Faster | Fast | Fastest | |
| Spike Trading | Yes | Yes | Yes | |
| Reports per Month | 500+ | 500+ | 500+ | |
| Multi Report Resolution Technology | Yes | No | No | |
| Multilevel Triggers | Yes (3) | Yes (2) | Yes (3) | |
| Mouse Clicks | 10 | 10 | 10 | |
| Multiple Report Visibility | Yes | Yes | Yes | |
| Simultaneous Report Trading | Yes | Yes | Yes | |
| Available Report Data | Forecast, Previous, Actual, Deviation, Revision | Forecast, Previous, Actual, Deviation, Revision | Forecast, Previous, Actual, Deviation, Revision | |
| Report Types | Major and Minor | Major and Minor | Major and Minor | |
| Trigger Auto load | Historic Recall | Published Triggers | Historic Recall | |
| Audible Signals | Yes | Yes | Yes | |
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