The world of foreign exchange trading, or Forex, is a dynamic and fast-paced one. Traders are always on the lookout for effective trading strategies and platforms that can give them an edge in the market. One such platform that’s been causing a stir is the CJ News Trading MT4.

Understand the Strategy

The CJ News Trading MT4 operates on a unique strategy that leverages the quick price movements that occur during news announcements. Traders are well aware of the volatility that can arise from these announcements and how they can cause prices to spike up or down rapidly. This platform employs a specific approach to scalping the news.

Three to five minutes before a news release, two stop orders (one buy stop and one sell stop) are opened. These are placed 15 to 20 pips away from the market price at that moment. Depending on the market’s reaction to the news, the following scenarios can occur:

1. There’s minimal price movement and no orders are triggered. In this case, both pending orders are closed and the scalping ends.
2. The price jumps up and activates the buy stop order. The sell stop order is then closed while the buy order continues to run.
3. The price drops and triggers the sell stop order. The buy stop order is then closed and the sell order keeps running.

Features of the CJ News Trading MT4

One standout feature of the CJ News Trading MT4 is that it can automatically open pending orders just before news is released. This is particularly useful as some brokers restrict order placements 1-2 minutes before and after news announcements. Thus, opening the trades sooner than 2 minutes before the news release can be beneficial.

In addition to auto-opening of pending orders, the platform also has the capability to send notifications to MT4/MT5 apps on mobile devices. This feature keeps traders updated on the go and allows them to manually handle pending orders, close pending orders, and close all orders opened by the EA, while keeping other orders intact.

Independent Testing and Updates

For those interested in the performance of CJ News Trading MT4, independent testing results can be viewed on the forexroboteasy.com website. Traders can also subscribe to receive updates on the testing results of this product. This provides an unbiased perspective on the effectiveness of the platform and its strategies.

Sharing Experiences

Users of CJ News Trading MT4 are encouraged to share their experiences. It not only helps other traders make an informed decision, but also helps in improving the platform and strategies based on user feedback.

FAQs

What is the strategy used by CJ News Trading MT4?
The strategy involves opening two stop orders (one buy stop and one sell stop) 3-5 minutes before a news release. The orders are placed 15-20 pips away from the market price at that moment. Based on the market reaction to the news, either the buy stop or sell stop order is triggered and the other is closed.

What are the features of the CJ News Trading MT4?
The platform can automatically open pending orders before a news release and send notifications to MT4/MT5 mobile apps. Users can also manually handle orders.

Where can I view independent testing results of CJ News Trading MT4?
The independent testing results can be seen on the forexroboteasy.com website. You can also subscribe to updates on the testing results.

Can I share my experiences of using CJ News Trading MT4?
Yes, users are encouraged to share their experiences to help other traders and contribute to improving the platform.

In conclusion, the CJ News Trading MT4 platform offers a unique approach to forex trading. By leveraging the price volatility around news releases, it provides traders with an opportunity to profit from these quick price movements. With its automated and manual features, it caters to both novice and experienced traders. Remember, successful trading requires a robust strategy, a reliable platform, and a continuous learning mindset.