News Action Trader Review Introduction
With its advanced design, breakthrough technology, and amazing speed, News Action Trader is the best way you should trade the news.
Trading Idea
News Action Trader utilizes real-time economic information from a reliable news source and automatically opens, manages, and closes trades.
News Action Trader Criteria
License
The full EA engineered with the most ideal settings to run on one demo account or live account.
MT5 Compatibility
News Action Trader can trade on both MT4 & MT5 platforms.
Broker/VPS Recommendations
In order to get the best achievable stability and profitability, we recommend using News Action Trader on IC Markets Forex Brokers in conjunction with TradingFX VPS Forex VPS.
Customer Support
Lifetime one click away customer support via email, Skype, or Telegram.
Future Updates
Lifetime updates are included when discovered by LeapFX Trading Academy developers.
Refund Policy
For up to 30 days, you can test News Action Trader with a small amount of money, or you can open a demo account if you prefer. You can request a FULL refund from LeapFX Trading Academy if you are not satisfied or totally disappointed during those 30 days. No questions will be asked when you get your money back from them.
Supported Currency Pairs
AUDJPY, AUDUSD, NZDUSD, XAUUSD, GBPUSD, & USDCADMetaTrader Chart Timeframe
AnyTrading Strategy
Real-time economic analysis is carried out by News Action Trader's algorithm before every news announcement. Data is sniffed out before announcements, and trading parameters are immediately set up to take advantage of them.
It's almost like knowing a bowling ball will roll down an alley. This mechanism places the pins directly in line with the ball's path, so there is a high probability of hitting all 9 pins!
slippage and spreads expanding
Many scalping and news systems fail because of this. [Prod-link][318] does not.
To ensure your trades are protected, News Action Trader has a unique strategy that incorporates spreads and slippage into trade targets and stop losses.
In some instances, it will simply cancel out trades if conditions are completely unfavorable.
Whipsaws
This can be disastrous for an inexperienced trader. But not News Action Trader.
Whipsaws are wild swings in the price action that can cause your trade or trades to get stopped for a huge loss, right before heading in the right direction.
It’s basically price action that moves sharply up then down or vice versa. This can cause trades to close at a loss. They were able to close with a win.
And even take multiple trades at once. News Action Trader has safeguards in place to protect and even profit in many cases from whipsaws.
Timing
Creating trades too early can cause completely random trades if they are triggered before the action has begun.
Late entries and delays can blow a chunk out of your account.
In order to lock in profits, avoid major losses, and ensure account safety, News Action Trader is very specific about interpreting data and timing trades.
All done automatically with rapid and meticulous speed.
Promotional Video (by the Vendor)
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Talk about News Action Trader
Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
Tags
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.