News advisor News Insider, is a complex software product, created by professional programmers of our company.
In order to achieve the best results in news trading, few programming modules are used, corresponding with each other and executing individual tasks.
Time control module – responsible for recognizing the time zone of trading terminal and adjusting it to the global economical news calendar. Module is also responsible for market and pending positions opening, time of position being opened and quotes movements after the news is being published.
Module of news importance filter - this module allows to choose the news graded by the power to influence the financial markets. This allows to limit market entry during the "weak" news publications and to prioritize the "powerful" news releases, on which the most profit is gained.
Profit and loss limitation module - controlling and correcting the values of pending orders and market positions in accordance with set parameters, according to current market situation and market position condition.
Trading algorithm - News Insider v.2.05 enters the market at a given time, in anticipation of strong volatility. For each currency pair, this is an individual time. Thanks to historical data, we were able to determine the best time to enter the market, before the release of the news for each currency pair. The entry signal is provided by several external data sources. These are the volumes open for buying and selling in the market, the importance of the nearest news to the entry point and the predicted direction of the trend according to the Gann Square theory. Also, to open limit orders, external data on the largest accumulation of open positions around a certain instrument price are used. And if the accumulation of positions in the market, according to COT reports, is close to the market price and in the same direction to all the signals and filters of the adviser, then in the congestion zone, a SellLimit or BuyLimit limit order will be placed in the opposite direction to the trend expectations.
Visualization of decision-making - starting from version 3.01, the chart shows in the info panel the percentage of positions prevailing in the traders' market and the direction of the filter, to buy or sell, according to the Gann Square theory.