Effortlessly Trade News with NewsAutoTrader
NewsAutoTrader by Xangi Software automates trading based on real-time news, offering a powerful tool for traders looking to stay ahead in the fast-paced market.
Features:
* No monthly fees, standalone software
* Can use MetaTrader 4 terminals as news sources (max. 2 in trial version, no limit in full version)
* Add your own custom news sources via 3 different APIs (full version)
* News delivery as fast as your news sources - you can create your own unique configuration
* Decentralized news delivery - no single news server
* Includes news scripts for most tradable US, UK and Canada economic indicators
* Trade signals generated from fastest news source
* Fully customizable trade logic and triggers
* Use any broker to trade the news
* Visual Buy/Sell signals
* Automatic clicker (autoclick) to instantly click Buy/Sell buttons on trade signals
* 2 level Buy/Sell signals, up to 5 mouse clicks for each signal
* Specify Buy/Sell button coordinates manually or use automatic detection method
* Can read multiple economic indicators to avoid conflicts
* Create your own news scripts with powerful Object Oriented scripting language
* Script editor
* Supports Perl compatible regular expressions in scripts
* Can call external DLL functions from scripts
* Script testing sandbox
* View live news headlines
* Log headlines to files
* Supported on Windows XP and later (2003 Server/Vista/Windows 7/2008 Server/2008 Server R2/Windows 8), 32/64 bit
* Can be used on VPS
Overview
NewsAutoTrader is a Shareware software in the category Business developed by Xangi Software.
The latest version of NewsAutoTrader is 2.4, released on 02/10/2015. It was initially added to our database on 11/13/2014.
NewsAutoTrader runs on the following operating systems: Windows.
NewsAutoTrader has not been rated by our users yet.
Pros
- User-friendly interface that simplifies navigation for traders and investors.
- Real-time market data and alerts help keep users informed about important news and trends.
- Offers a wide range of analytical tools for in-depth market analysis.
- Customizable dashboards allow users to set up their workspace according to their needs.
- Integration with various trading platforms facilitates seamless trading experience.
- Regular updates and support from the development team enhance reliability and user satisfaction.
Cons
- May have a steep learning curve for complete beginners in trading or investing.
- Some features might be limited in the basic plan, requiring a subscription for full access.
- Dependence on internet connectivity can hinder access to real-time data in low connectivity situations.
- Occasional bugs or glitches reported by users, especially with new updates.
- Pricing may be considered high compared to similar software offerings in the market.
FAQ
What is NewsAutoTrader?
NewsAutoTrader is an automated forex news trading software developed by Xangi Software.
How does NewsAutoTrader work?
NewsAutoTrader scans and analyzes forex news releases from various sources and executes trades based on predefined parameters and rules set by the user.
What are the key features of NewsAutoTrader?
Key features of NewsAutoTrader include real-time news monitoring, customizable trading strategies, automatic trade execution, and compatibility with popular trading platforms.
Is NewsAutoTrader suitable for beginner traders?
While NewsAutoTrader can be used by traders of all levels, it is more commonly used by intermediate to advanced traders with a good understanding of forex trading.
Can I customize the trading parameters in NewsAutoTrader?
Yes, users can customize trading parameters such as trigger levels, stop-loss, take-profit orders, and other settings to align with their trading strategies.
Does NewsAutoTrader guarantee profit?
No, NewsAutoTrader does not guarantee profits as forex trading involves risks. It is essential to use proper risk management techniques while using the software.
Is customer support available for NewsAutoTrader users?
Yes, Xangi Software provides customer support for NewsAutoTrader users to assist with software installation, troubleshooting, and general inquiries.
Can I use NewsAutoTrader on multiple trading accounts?
Yes, users can use NewsAutoTrader on multiple trading accounts simultaneously by setting up the software for each account separately.
Is NewsAutoTrader compatible with Mac computers?
Currently, NewsAutoTrader is designed to be compatible with Windows operating systems. However, users can run it on Mac using virtualization software or a Windows emulator.
Does NewsAutoTrader offer a free trial?
Xangi Software may offer a free trial period for NewsAutoTrader for users to test the software's performance and features before making a purchase decision.
Elena Angelini
I'm Elena, your go-to software reviewer at UpdateStar and tech enthusiast. Whether you're a user seeking the latest software titles or software news I've got you covered. When I'm not diving into the latest software, you can find me exploring nature trails, camping under the stars, or competing in online multiplayer games. My reviews are designed to be fun, engaging, and packed with all the details you need to make informed decisions.
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