Strategy NewsCatcher Pro is meant for trading on Forex markets using JForex platform of the renowned Swiss broker Dukascopy. NewsCatcher Pro is capable of simplifying in many ways the process of trading multiple currencies. It opens orders before news from the economic calendar. Dukascopy is known for the precision of its market orders and guarantees real profits from trading on news. JForex registers the most complete stream of quotes (ticks); the strategy is written in Java specifically for this platform.
Upon start the strategy loads an economic calendar for the current week from a special web-page of ameboo.com. 10 minutes before the next piece of news (but not later than 5 minutes), NewsCatcher Pro opens two pending stop orders (buystop and sellstop) for the corresponding currency. These two orders have approximately 20 minutes to become trades. If the price moves before the time, the strategy will update the orders accordingly. When 20 minutes elapse but nothing has happened, NewsCatcher Pro will automatically remove the pending orders.
Thanks to JForex features, NewsCatcher Pro can also make analytical trades based on incoming news, that is based on the difference of the current and previous period values. A stop order may not convert to trade, but the strategy will still open a trade owing to this additional analysis mechanism. The user has to define deltas for specific pieces of news, upon which the strategy will make decisions.
NewsCatcher Pro can trail its own trades using the simple trail and a trail based on the sar indicator (also known as "parabolic"). You may define the simple trail. You may also use both trails. Takeprofits are set using a parameter (say, takeprofit=200) or based on the nearest 4-hour candle extrema which the strategy calculates automatically.
Different functions of the strategy may be controlled using special buttons placed on the chart. Amount of orders can set as a fixed value or as a percentage of the equity (specifying the % symbol at the end). To trade multiple currencies it is only necessary to start the strategy on one chart.
The strategy NewsCatcher Pro writes the last piece of news used to open orders. To see details of that news you may simply go to the economic calendar http://ameboo.com/calendar/ or open any other economic calendar as news is the same for everyone.
The market is usually agonizing whenever actual data differs from the forecast (impact being medium or high). The direction of stop orders does not matter in this case. The key is to place stop orders in time and remove those which have not become trades. The strategy NewsCatcher Pro perfectly automates this task.
You may test NewsCatcher Pro if you have calendar files for the specified period. The starting deposit is 100 US dollars.
Upon purchase you receive a link to the ZIP-file which includes a detailed help file (English version) and a compiled copy of the strategy. To start trading you will need to bind your copy by sending an e-mail to the developers. You may only bind one account in half a year.
Pirate copies will be easily tracked and blocked. Any action violating proprietory rights of the developers will be easily tracked and entail a conflict. Any malicious action of a customer or a prospective customer will be easily tracked and entail a conflict.
To receive free upgrades please leave a positive feedback. The strategy of trading on news is discussed here http://mt4.numerika.ru/experts/149/novostnaya-strategiya-newscatcher-pro-dlya-dukaskopi-jforex.html