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News Scope EA Pro MT5

327 USD

Demo downloaded: 151

Published: 22 December 2022

Current version: 1.3

News Scope EA Pro MT5

Experts
Lachezar Krastev
Version: 1.3
Updated: 16 January 2023
Activations: 5

SUPER SALE! -> BUY any of our EAs and get News Scope EA PRO as a GIFT! <- SUPER SALE!

After purchase contact me to get your gift!

For Settings, Instructions and LIVE Results Click Here!

News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things!

News Scope EA PRO is a very effective and potentially highly profitable strategy for high impact news trading. Usually, when a major news event occurs, the price spikes in one, or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is strong enough, the trader cold gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, execution delay and slippage. However, in the last years the brokers conditions improves continuously and the spreads during major news events are lower than ever. This creates a good opportunity for profitable news trading.

There is a MT4 version too! Click here to check it!

IMPORTANT: Due to impossibility for internet connection during test in the strategy tester of MT5 terminal you will not be able to back-test News Scope EA PRO. In order to test, try the MT4 version here. There is no such problem in the MT4 terminal. Or contact me to get a special test version.

News Scope EA PRO Features

Semi-automated and fully automated modes
Precise time and news detecting filters
High spread detection filter
Single or multiple-cascade orders modes
Exit by a trailing stop, or back-tick detection
NFP and FOMC only trading mode
Multiple currency pairs support
Longs only and shorts only option
Custom time management feature

...If you are into news trading, News Scope EA PRO is the best tool for you!

Recommended timeframe: M1

Supported currency pairs: EURUSD, USDJPY, USDCAD, AUDUSD and GBPUSD. Click here to download .set files for all supported pairs.

Please, make sure that you have loaded the set files for each individual currency pair!

IMPORTANT: Use “News Scope EA PRO” only on well-known ECN brokers with good reputation. If you notice repeatedly unusual spread increase, too high slippage, or execution delay, you should not use News Scope EA PRO on this broker anymore.

News Scope EA PRO Settings

==== Risk Management ====

FixedLots - fixed trading volume (works if AutoMM=0).
AutoMM - values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

Slippage - maximal allowed slippage for position opening.
MaxSpread - maximal allowed spread for position opening.
MagicNumber - magic number - it is extremely important to keep this different for all robots.
StartTrail - value in pips. When trade's profit is equal to this value the EA set trailing stop.
TrailStop - value in pips. The trailing stop value.
EA_Coment - text which will be added as a comment to each trade opened by News Scope EA PRO.

==== Pending Orders Settings ====

PlaceOrders_OnInit - true/false - whether to place or not pending orders during initialization of the EA.
ExitAll_OnDeinit - true/false - whether to close or not all orders during de-initialization of the EA.
ExitAll_OnInit - true/false - whether to close or not all orders during initialization of the EA.
CloseOnTradeHour - true/false - whether to close or not all orders before to place pending orders.
TradeDirection - possible values: -1 only short trades; +1 only long trades; 0 long and short trades;
AddDistance - the distance between the current price and the first pending order in pips.
AddStep - the distance between each pending orders in pips.
AddCount - the number of pending orders to be placed.
StopLoss - the stop loss value for pending orders. 0 - means not stop loss.
ExpireMinutes - the expiration time for pending orders in minutes.
.............

For more info, complete list of settings, .set files and LIVE Results, click here to visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend!

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303

Heiko 2023.06.23 15:03 #

The EA works perfectly! It does exactly what it was programmed to do! But as with all EAs, this does not mean that you will be rich tomorrow. The result always depends on the market situation and there are phases when things don't go optimally....... Thanks to Lachezar and his team, who answered all questions quickly and friendly!

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2 DAYS OFFER! --> -70% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $497 - The offer ends within 2 days! Click here to check News Scope EA PRO results! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI , providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkable predictive power. This ensures yo

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SUPER SALE! --> -$130 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance . The improved exit

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BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe

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The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L

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327 USD

SUPER SALE! --> -$130 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance . The improved exit

267 USD

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Heiko 2023.06.23 15:03 #

Version 1.3 2023.01.16

I have fixed a typo in the name of the parameter EA_Comment.