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Author Topic: Forex Auto Clickers & Spike News Trading  (Read 15606 times)

Offline Trade It Easy

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Forex Auto Clickers & Spike News Trading
« on: May 19, 2010, 12:44:11 PM »
http://www.mt4i.com/users/theforexbloke

Hello everyone,
I have recently been using an Auto Clicker (AC) service to trade news spikes.
One of the most important tools for the spike news trader is the autoclick. To my knowledge, there are five of them available to us retail traders, Rapid Signal Service (RSS) , Secret New Weapon (SNW),  the Forex Muse, Turbo News Trader (TNT) and Trading on the News (TON)  Any of them are fine.
I have not been using an AC for that long so I have opened a demo account of $200 with starting lot sizes of 0.12 Leverage 1:100. I will set-up the AC for as many major news alerts as possible. Follow the results here: http://www.mt4i.com/users/theforexbloke . My challenge is to turn the account into 1000+ in 5 months or less (400% increase). I am going to manage the trades using a simple trade manager so I do not interfere with the trades whatsoever. Spike trading can be stressful but also rewarding as you get in and out of the trade quite quickly. Its just knowing when to get out, setting tight SLs, tight MM etc. The AC I use only really trades fairly large news releases so big moves are more likely thus more profitable.

Here is an explanation of what an AC is/does:
From this website: http://www.fasteconomicnews.com

Lighting fast news tool for most traders
Yes, you read that correctly... Simply put, Secret News Weapon (SNW) is a high speed spike trading tool that's designed to help you make more money in forex, futures, bond trading, etc. during crucial economic news announcements. SNW receives high speed economic data, compares those released economic numbers against user supplied Trigger Numbers and depending if the numbers conclude that a trade would be viable, automatically executes a trade on your trading platform. All within a few milliseconds. It's like an automatic weapon. You set it up before the economic data release comes out, input your trigger data, and setup your automatic mouse clicks and everything is on FULL AUTO. Just wait for the trigger to pulled automatically. After a trade is automtically launched, you manage it manually including the exit.
Yes, it is that simple: all you have to do is a few minutes before the report, pre-set your parameters for buy and sell signal, or just use the default provided triggers, setup your mouse clicks on the weapon where your broker's buy button and sell buttons are located before the report, sit back, relax, and watch the Secret News Weapon execute your buy or sell order instantly the same split second the number is released from lock up. Because of the nature of the technology behind this, sometimes you will in the market a fraction of a second faster than most others.

Of course once you are entered into the market, you have to watch the price action, and exit manually whenever you feel is right, but that's usually a no-brainer, because if you can execute your order in the right direction before the news is released, you are in profit by 20, 30, 40, 50+ pips within 5-10 seconds.

Additional Features:
SNW provides a list of reports in a spreadsheet (data grid) like manner. When released, the actual and revision data is displayed in the data grid. Deviation data is automatically calculated and displayed with additional visual and audible Buy/Sell signals. Additionally user configurable Buy/Sell triggers, configurable automatic mouse clicks that automatcally execute orders on your trading platform.

I am not affiliated with this site I am just running a test. If it is successful I shall start a REAL account with the same amount continuing to post the results.

It would be great if others could discuss auto clickers, spike trading and news trading methods.

Kind Regards

Autotrader
« Last Edit: May 19, 2010, 01:12:37 PM by Autotrader »
Verified Real GBP FX Megadroid stats: http://www.myfxbook.com/members/theforexbloke/advanced-forex-megadroid-setup/1961562

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning". I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline hollandjan

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Re: Forex Auto Clickers & Spike News Trading
« Reply #1 on: May 19, 2010, 03:50:28 PM »
I must say, it looks very interesting. I will certainly follow your results and do a little homework to see what other possibilitys there are.

Jan.
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Offline Trade It Easy

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Re: Forex Auto Clickers & Spike News Trading
« Reply #2 on: May 24, 2010, 12:56:21 PM »
Thankyou Jan, I too find it quite interesting. UPDATE! I am officially starting the test today! As I missed a couple of trading opportunities on friday. So the start date of this trial run is: 24/05/2010. I'll keep all posted.
Kind Regards
Autotrader
Verified Real GBP FX Megadroid stats: http://www.myfxbook.com/members/theforexbloke/advanced-forex-megadroid-setup/1961562

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning". I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline hollandjan

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Re: Forex Auto Clickers & Spike News Trading
« Reply #3 on: May 26, 2010, 01:27:37 PM »
Hi !

How is it going with the AC ? Till now i dont see many trades, is that because of the market or technical problems ? Is the software easy to use ?
regards,

Jan.
Gold coins for a few cents : http://gldcoin.com/

Offline Trade It Easy

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Re: Forex Auto Clickers & Spike News Trading
« Reply #4 on: May 26, 2010, 01:47:36 PM »
Hi Jan,
I only use the AC on Forex pairs. It can be used on other markets so there are some traders getting multiple trades a week due to so many different market news releases that they trade on. There has not been any big deviations from forecasted figures on high impact news. Use Forex Factory to see previous and future news releases. The ones marked in red are pretty much the ones I'll use the AC for. Use the AC if either you are very patient or to compliment another strategy. Spike trading plays in favour on leverage so if you do decide to use an AC once you have tested it in demo, up the lot size after every profitable trade. This strategy trades few but trades/wins are quick and fairly sizeable.
Yes the software is very easy to use.
Regards
Autotrader
Verified Real GBP FX Megadroid stats: http://www.myfxbook.com/members/theforexbloke/advanced-forex-megadroid-setup/1961562

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning". I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline hollandjan

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Re: Forex Auto Clickers & Spike News Trading
« Reply #5 on: May 27, 2010, 12:29:15 PM »
Hi !

I saw that you had some trades, great ! How to you get out of the trade, i mean do you get from secretwapen a estimated move in pips or you just look and wait till it moves in the other direction again ?
It would be nice to set up a trade with stop loss and take profit, but i dont think they dont give that info or do they ? If not, is there a website which give this information ?
Another question is if they gave info when to get into a trade, i mean from how much deviation it goes up or down ? I hope you can answer these questions.
Regards,

Jan.
Gold coins for a few cents : http://gldcoin.com/

Offline FXDave

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Re: Forex Auto Clickers & Spike News Trading
« Reply #6 on: May 31, 2010, 04:13:43 AM »
Hi !

I saw that you had some trades, great ! How to you get out of the trade, i mean do you get from secretwapen a estimated move in pips or you just look and wait till it moves in the other direction again ?
It would be nice to set up a trade with stop loss and take profit, but i dont think they dont give that info or do they ? If not, is there a website which give this information ?
Another question is if they gave info when to get into a trade, i mean from how much deviation it goes up or down ? I hope you can answer these questions.
Regards,

Jan.

I have the same inquiries. Hope u can reply...






 :)


http://www.wincorp.net/

Release Date and Time
Actual Number
Consensus Number
Actual-Consensus Differential
Low Pips
High Pips
Total Range Pips (Low to High)
Average Pips moved for each Release
Pip Spike Analysis
Price Deviation from Initial Release
Detailed Price Action Analysis from time of Initial Release

If you are going to trade the news you better be ready to arm yourself with the RIGHT information and have the HISTORIC information available if a deviation does occur.

Auto, Keep posting and I wish you the best in your endeavor!!!


Peace....

FXDave
« Last Edit: May 31, 2010, 04:24:00 AM by FXDave »
"Absurdum est ut alios regat, qui seipsum regere nescit."

Offline PIPsmuggler

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Re: Forex Auto Clickers & Spike News Trading
« Reply #7 on: August 10, 2010, 03:29:52 PM »
Hi FXDave

can you please tell me if this service http://www.wincorp.net/ has an auto click function and do you use this service and recommend it?

thanks

Offline Piprich

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Re: Forex Auto Clickers & Spike News Trading
« Reply #8 on: August 10, 2010, 04:47:41 PM »
Autotrader have you stopped your trial?

Offline wakeel

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Re: Forex Auto Clickers & Spike News Trading
« Reply #9 on: January 05, 2013, 09:34:12 PM »
anyone else still making use of any of these autoclicks (RSS, forexmuse, secret news weapon, beat the news....etc)? how has the performance been of late? are they still reliable?

cheers
« Last Edit: January 05, 2013, 10:47:10 PM by wakeel »

Offline odysseus11

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Re: Forex Auto Clickers & Spike News Trading
« Reply #10 on: January 05, 2013, 11:51:38 PM »
wakeel I just set up a free autoclicker from newsautotrader.com and will be running it this week to see how it does. You should try it too. The price is right :)

Actually the free version is a trial but looks like the bells and whistles you get with the paid version may or may not be really necessary, we will see. The trial does all the main functions you need an AC to do. And it makes use of the news feed from any mt4 platform, even a demo account.

Worth testing IMO.
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Offline ninjaturtle

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Re: Forex Auto Clickers & Spike News Trading
« Reply #11 on: January 10, 2013, 11:02:46 AM »
wakeel I just set up a free autoclicker from newsautotrader.com and will be running it this week to see how it does. You should try it too. The price is right :)

Actually the free version is a trial but looks like the bells and whistles you get with the paid version may or may not be really necessary, we will see. The trial does all the main functions you need an AC to do. And it makes use of the news feed from any mt4 platform, even a demo account.

Worth testing IMO.

How did the free autoclicker from newsautotrader.com test go?
The ebb and flow of the Atlantic tides, the drift of the continents, the very position of the sun along its ecliptic. THESE are just a FEW of the things I control in my world!

Offline odysseus11

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Re: Forex Auto Clickers & Spike News Trading
« Reply #12 on: January 10, 2013, 02:30:37 PM »
The first release I tested it on was Australian retail sales, and I incorrectly entered the headline format (I used "Australian" when I needed to use "Australia") so it didnt fire. The 2nd one (UK bank rate) was no change and so no signal. So I dont know yet.

I will say this, it takes some willingness and ability to program, it is NOT easy to set up.

EDIT: I did just get it to work, and on the release, got an I/O error 103.
I give up.
Are there ANY other FREE autoclickers?
« Last Edit: January 17, 2013, 12:37:56 AM by odysseus11 »
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Offline wakeel

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Re: Forex Auto Clickers & Spike News Trading
« Reply #13 on: December 03, 2013, 07:07:05 PM »
Seems I'll be doing spike trades only @ ђξ moment, so I'll be updating my progress here just to keep this thread alive.

I'm spiking with FNG only for now

Offline ninjaturtle

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Re: Forex Auto Clickers & Spike News Trading
« Reply #14 on: December 03, 2013, 08:48:58 PM »
Seems I'll be doing spike trades only @ ђξ moment, so I'll be updating my progress here just to keep this thread alive.

I'm spiking with FNG only for now

interested in your progress with this. keep us posted. thanks
The ebb and flow of the Atlantic tides, the drift of the continents, the very position of the sun along its ecliptic. THESE are just a FEW of the things I control in my world!

 

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