Forex Sugar EA is completely user friendly. There is a combination of technical indicators with live news-events, being used in the EA. Forex Sugar robot receives trading signals from these Technical Indicators in order to open a position. Once a position opened then like other trading systems EA won't close the position at fixed TP/SL. This ea again calculates few indicators to decide when to close the position. So SL/TP are not fixed in this EA, these are completely dynamic.
This EA likes stable market, it doesn't like volatility. Markets are volatile during news events. So this EA gets news and pause itself for certain duration during Low Impact News, Medium Impact News & High Impact News release. EA can either be allowed or stopped to trade during any News release. This feature of EA is VERY IMPORTANT and enhances its trading skills.
So Forex Sugar EA
Stratgy Used in this EA
Forex Sugar EA uses few Technical indicators and Price action movement. It reacts on Live News events. You can use fixed SL/TP in this EA, but we don't recommend small and fixed SL/TP for this EA. We have set big SL/TP by default in this EA. Every position closed according to indicators and News impact.
So by using this technique: