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News Action Trader EA Review
- Timeframe: M5
- Broker (link): Pepperstone
News Action Trader Review
The creator of the software is LeapFX, a well-known developer in the Forex marketplace that is behind a multitude of different products and services.
As with any forex robot the News Action Trader Trader is fully automated and will place, manage and exit trades on your behalf without you having to lift a finger. The developers claim that you can double your trading account every few months and these claims are backed by real live myfxbook verified accounts shown on the official News Action Trader website.
Current results of the News Action Trader show around an 66.3% win rate and almost 5 to 15% monthly gains. The average win is smaller than the average loss which is not that big a deal considering the high win rate.
News Action Trader Back Testing - not found
News Action Trader Trading Strategy
Presented by William Morrison from LeapFX, the News Action Trader has been years in the making and was designed to function much different than normal scalpers in order for it to be possible to work on most brokers with average spreads and average execution times, while adding in some unique technologies to keep the profits flowing in. The News Action Trader forex robot trades most days with a short trade hold time and works best on the AUDJPY & AUDUSD, or NZDUSD, or XAUUSD, or GBPUSD and USACAD currency pairs which is good as these pairs have the most liquidity that gives us good trading conditions on reputable ECN brokers such as low spreads and minimal slippage from the liquidity providers.
Here's how NEWS ACTION TRADER works
Before the start of any news announcement, the algorithm collects real-time economic information. It "sniffs" out data before the announcement and immediately sets up parameters within your platform to take advantage of that data.
News Action Trader has a unique strategy that accounts for the spreads and slippage of trades and will dynamically adapt the trade targets and stop loss based on both variables to ensure your trades are protected. And in some cases, it can and will simply cancel out trades if conditions are absolutely wrong.
News Action Trader is very specific with interpreting data and timing trades in order to make sure trades triggered by news at the right moment, and closed at the right time to lock in profits, avoid major losses, and to ensure account safety. All done automatically with rapid and meticulous speed.
Overall, the News Action Trader is a very good performing forex robot thus far, perhaps check the latest performance at the time you are reading this review and hopefully it is keeping up the generous returns with relatively low drawdowns. Maximum: 20% !!
The News Action Trader is suitable for any level of trades as it requires no user input other than setting it up which can be done in just 8-10 minutes by following the included instruction guide, whilst support is always on hand to help and a money back guarantee included.
- Full software for mt4 & mt5
- Lifetime support
- Lifetime updates
- Best settings
- Multiple currency pair support
- 30 day money back guarantee
News Action Trader is instantly available at unbelievable price, i.e. only $247 So don’t wait to grab your copy!
- Price: €199
- Gain: 148%
- Monthly: 2.6%
- Running Time: 417 days
- Start deposit: 12000
- Balance: 18879.2
- Drawdown: 38.2%
- Price: $279
- Gain: 1230.1%
- Monthly: 7.7%
- Running Time: 1068 days
- Start deposit: 2486
- Balance: 26973
- Drawdown: 51.3%
- Price: $289
- Gain: 1015.2%
- Monthly: 10.7%
- Running Time: 696 days
- Start deposit: 2500
- Balance: 27880.4
- Drawdown: 44.6%