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VertexFX Server Side EA - Time Trader

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VertexFX Server Side EA - Time Trader

Postby traderEd » Tue Sep 15, 2015 12:42 pm

Time Trader is a Server Side VTL Expert Adviser. The EA Opens a trade at the time specified. Markets may be highly volatile at some times during the trading day such as important news release time, London or US session open. Because of the high volatility, opening trades amnually at such times may be less efficient as price move very quickly and by the time the order details are entered into terminal, price may have significantly moved. Speed of execution is critically important in these situations. The time trader EA is a useful tool at such times.

Time trader runs on the server and open positions at the specified time without any latency as it is running on the server. Enter the time to open the trade into the parameters of the EA, the time can be specified in Hour, minute, seconds format. Also the user can configure the EA to open a buy position or sell position or both at the same time. The EA applies stop loss and take profit specified by the user. Thus the EA can be used to open market neutral trade at important news release time. For a market neutral trade, open both buy and sell at the same time and apply a small stop loss and large target. One trade stops out, but the other trades make sufficient profit to end up with a net profit on both trades due to the big moves present at important news release time. In case the trader has got a directional bias, EA can open Buy or Sell position as specified in the parameters of the EA.

VertexFX, Vertex, Vertex FX, Indicator
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