NEWS BOT

Define the range of the last X candlesticks

Go to an economic calendar or with bot news free online, and consider only X impact News

Set a Buy STOP x Pips above the range and a sell stop below the Buy stop x Pips ONE HOUR BEFORE THE NEWS with at least 2 Bullish

If we are above the range and the Buy stop is triggered, the sell stop moves up as if it were a Trailing stop. (If the sell stop is triggered first, the Buy stop moves down)

When the sell stop is triggered, the position is closed and a stop loss is set at X Pips and a TP at X Pips (If the sell stop is triggered first, when the buy stop is triggered, the sell stop is closed, and TP and SL are activated)

nb: it may happen that, when the buy stop is activated, the price goes up and up, in the meantime the sell stop moves under that buy stop (which is not triggered yet)

When the price goes down, the sell stop will also be activated which will be X pips away from the buy stop already activated, at which point the buy stop will close (in profit of course)

And for the sell stop that has been activated we put an SL and a TP with Xpips defined in input

If both are triggered but there is no profit from Hedging because the news did not cause a gap, close both positions with a small loss after X minutes

Below the range, we will do the opposite.

As input data:

• The last X candlesticks
• X Pips above or below the range to open buy stop or sell limit
• X Pips below the activated buy stop for the sell stop in case of up trend
• Open X Pips above the activated sell stop, the buy limit in case of down trend
• X pips TP and SL for last sell or buy triggered
• Week and input hours
• X impact news (1-2-3)