THE MOST PROFITABLE ECONOMIC EVENTS IN A UNIFIED AUTOCLICK TRADING APP
FXStreet Market Impact Signals
5
5 TRADABLE EVENTS PER WEEK
60
60 PERCENT HIT RATE
30
30 ECONOMIC EVENTS TO TRADE
FXStreet trades calendar news with the Market impact Signals app. If you have a Ctrader account you can have these signals too by downloading the app here:
Features
3 to 5 TRADABLE EVENTS PER WEEK
FAST DATA DELIVERY
CALLS OUT POTENTIALLY MARKET MOVING EVENTS
AN ABOVE 60 PERCENT HIT RATE
Choose between manual-, semi-, and full- automated mode
ABOVE 30 ECONOMIC INDICATORS TO TRADE
PROPRIETARY MODEL
HIGH SPEED TRADING TOOL
THIRD PARTY VERIFIED RESULTS
FXStreet Market Impact Signals app
Which are the macroeconomic indicators of the highest reactivity? Which pairs are mostly impacted by macro-economic data releases? These questions were initially addressed by the Market Impact Studies of FXStreet's Economic Calendar. Now you can have
all this research work condensed in one powerful tool: the FXStreet Market Impact Signals app.
Why do I need it?
The FXStreet Market Impact Signals app quantifies the potential volatility of an event based on historical data. This is the information a news-term trader needs to make an immediate buy/sell decisions upon economic data releases. If the surprise is big,
the trader will be looking for big rewards, if the surprise is small, the opportunity may not be attractive.
Which economic releases does it follow?
The app follows economic releases from US, Canada, Euro Zone, Germany, UK, Japan, Australia and New Zealand. Not all economic releases are traded, the app picks only those with the biggest potential impact. The curation of the releases is a selection
made by our team, which is then, case by case, validated automatically.
Is the trading done automatically?
Yes, you can choose to trade in and out on fully automated mode. Alternatively, you can opt to automate only the entry of a position (and exit is manually thereafter) or, you can even choose to enter the trade manually following the visual and sound alerts
of the widget (which is our recommendation).
How does it work?
The FXStreet Market Impact Signals app calculates the deviation between the Actual data released and the Consensus, which is the data the market was expecting. Our proprietary model detects when the deviation is statistically significative and trades accordingly.
The app will only trade an economic event which has produced a certain average price movement in the recent five releases. Moreover, the app measures if those price movements recorded in the aftermath of an economic release were usual or exceptional. It follows a Volatility Ratio to measure whether the size of the move is greater than the usual market volatility displayed by a certain currency pair.
Questions & answers
- How to get your Market impact Signals widget?
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- Go to the payment page
- Make your 19.99€ one time fee
- Receive your download code via email
- Why these signals?
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These are FXstreet signals! Unique in the market.
These signals you receive are signal that FXStreet generates and uses to trade on live accounts. The information you receive has been already tried and tested live by FXStreet. The signals we use are based on more than 600 strategies that generate more than 3,000 monthly signals, out of which we only inform you about the ones that worked for us.
- How does it work?
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The Market Impact widget calculates the deviation between the Actual data released and the Consensus number. This deviation, or surprise, is a proprietary indicator. It is basically the ratio between the standard deviation of past releases and the Actual
number.
The software will only trade an economic event which has produced a certain average price movement in the recent five releases. Moreover, the Market Impact widget measures if those price movements recorded in the aftermath of an economic release were usual or exceptional. In order to do that, it follows a volatility ratio to measure whether the size of the move is greater than the usual market volatility displayed by a certain currency pair. - Is the trading done automatically?
- Yes, you can chose to trade in and out on a full automated mode. Alternatively, you can opt to automate only the entry of a position (and exit it manually thereafter) or, you can chose to entry the trade manually following the visual and sound alerts of the widget, and exit the trade also manually.
- What is the risk/reward ratio of the trades it generates?
- Trading on a full automated mode, the risk to reward ratio is 1 to 1. The software will determine what is the average pip movement for each particular event at that time and set the take profit accordingly. At the same time, the stop loss is also set at a distance equal to the take profit, hence the 1 to 1 ratio. The hypothetical backtesting results also reflect this ratio.
- Can I manage the trade once it is executed?
- Yes, you can move the exit orders (the take profit and/or the stop loss) on your platform once you are in a trade. The software places the orders at the moment of the release and leaves you the choice to trail the stop, reduce the stop to enhance the risk/reward ratio, or modify the take profit.
- Which mode do you recommend using?
- We recommend the full-automated mode, though you can optimise its results by tweaking the stop loss and take profit if you have a sound knowledge how to read price charts.
- How does the manual mode work?
- It’s simple: with 24 hours advance you will see what economic events the software will track and a timer countdown appears next to it. A minute before the report, the countdown changes to seconds so you set the mouse over the Buy/Sell button. Once the trigger is hit, the Buy/Sell button will be highlighted and clickable. Then, simply click on it, and the software enters the trade. Note that by choosing the manual mode, no exit orders are associated with the entry.
- Which economic releases does it follow?
- The software follows over 50 economic releases from US, Canada, Euro Zone, Germany, UK, Japan, Australia and New Zealand. Not all economic releases are traded: it will initially pick those where a high delivery speed has been a constant, which is usually a list over 40 releases. Thereafter, the software will pick those with the biggest potential impact. In the end, only those generating a "surprise" at the moment of the release will be effectively converted into a tradable signal.
- How does it handle simultaneous calendar events?
- The software will trade them separately, that is, if both hit a trigger in terms of deviation, it will enter two separate trades, even if both triggers were hypothetically opposed.
- Is this system based on straddling?
- No, this tool places only one directional bet upon the release of the economic event, not before. Straddling is a term used to describe placing two trades, a buy and a sell trade, just seconds before a news release. Experienced news-traders know this is not the optimal method.
- Are there risks to trading economic events?
- Yes, the risks are mostly associated with the diminishing market liquidity during news releases, which produces a significant increase in spreads, as well as slippages and requotes which could affect trade performance.
- What if my broker does not fill my trade?
- If your broker occasionally doesn't fill your order at news time you might be able to enter manually on a retracement based on the signal the software provides.
- Can I test it on a demo account?
- Yes, we recommend to test the software on a demo account, so you get comfortable with it.
- One more recommendation?
- Our strongest recommendation is to trade small position sizes in the beginning until you are comfortable with the software, and you get to know about your broker's behavior during news releases.
Contact us: [email protected]