Hello,
Price Action is a server side VTL Script expert adviser. Price Action EA is not based on indicators or patterns. At major news release, markets are highly volatile and makes rapid trend moves. The Price Action EA is designed to take advantage of this kind of volatility in the markets. EA opens a trade, applies a stop loss and open a reverse trade if the stop loss is hit. Around a major news release market may move in both direction, but eventually picks a direction and makes a big price wave. Run the EA after a major news release, it will take advantage of the volatility at such times.
PriceAction.zip (2.08 KB)