NonfarmAutoEURUSD

"Developing trading robots for MetaTrader 4 (MT4)"                  This email address is being protected from spambots. You need JavaScript enabled to view it.

This MetaTrader 4 Expert Advisor is specifically designed for automated trading during the release of the important Non-Farm Payrolls (NFP) economic news on the EURUSD currency pair. The EA is programmed to open a single Buy order only on the day of the NFP release, at a precisely defined time corresponding to the news announcement (hour, minute, second are user-configurable parameters). The order is opened only once and only if there are no other open Buy orders for EURUSD with a specific magic number. For each opened trade, fixed Stop Loss and Take Profit levels are set, and a Trailing Stop function is implemented to automatically adjust the Stop Loss as the price moves favorably. The EA monitors the Take Profit and Stop Loss levels to close trades. The operation of this advisor is strictly limited to the EURUSD currency pair and is focused on trading activity at the time of the Non-Farm Payrolls announcement.

Input Parameters:

 * Lots (double): The lot size for opening the trading order.

 * H (int): The hour of the Non-Farm Payrolls release for opening the order.

 * M (int): The minute of the Non-Farm Payrolls release for opening the order.

 * S1 (int): The second of the Non-Farm Payrolls release for opening the order.

 * TrailingStop (int): The value in points that the price must move in a profitable direction to activate the trailing stop.

 * TrailingStep (int): The step size in points by which the stop loss will be moved when the trailing stop is triggered.

 * TP (double): The Take Profit value in points.

 * sl (double): The Stop Loss value in points.

 * MagicNumber (int): A unique identifier (magic number) for the orders opened by this Expert Advisor.