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Details:
Automated Trading System with high spread- and profit protection system
Developed by Quantina Intelligence Limited, Forex Research Lab.
Quantina Straddle Trader EA 2016 Main Features:
• Latency-, Spread and Speed Meter
• Advanced Break Even Method (Trigger + Lock)
• Separated Buy and Sell Order Distance
• Settings are in PIPS or in Points
• Stealth Mode Function to protect your account
For beginners: Straddle trading is described as a method of simply placing two pending orders before economic news is released, a buy-stop and a sell-stop. The essence of this is to set a trap to capture market moves after a news release, which may go either way. If the news release comes out bullish, a bullish spike would trigger the buy-stop order and hopefully the trader will make some money. The same applies to bearish spikes. So with straddling, direction of a news release is not so important and not relevant.
Forex Straddle Trading In nutshell:
Set two opposite direction of pending orders just a few minutes before the news released. (BuyStop - SellStop)
Market will react and move the market price in one way (long or short). Then track and secure your executed order with BreakEven Method* and Trailing Stop to win a few pips profit. Please be advised, your profit is reduced by higher spreads, commissions and huge slips during high impact news events.