This is particularly useful for profit targets as there are many times you notice price reversing right before it hits your profit target – fishy right?
This feature allows you to take your profit before that ever happens. News filter feature is built because many traders do not want their openpending positions to be around when high impact news events come around.
Example : if you have an pending EURUSD trade, you can choose to delete it 15 minutes before best NFP forex strategy 2018 news arrives and open it 15 minutes after NFP news is done. This allows you not to be caught out best forex strategy 2018 by the wild volatility of that news event. Spread filter feature allows you to get into positions only when spread is in your favour. Brokers like to spike spreads when your entry price is reached, causing you to be slipped negatively (and hence they profiting). What this feature does is that it prevents a pending order from being triggered if grid strategy in forex the spread is too high and only actives the pending trade when spread tightens to an acceptable level.
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