Hi, this is a good idea, I will update this EA, thank you very much!

Hi, may you give some more details? Or you can try to set the SL size smaller to get the pending orders closer to the current price.

Thank you for your answer! I would like to keep SL at 15 pips but put pending order in around 5 pips from current price - or have a setting how far the pending order should be placed from current price [that would be an ideal solution].
So for example I want to have risk 100 USD, SL 15 pips from Pending Order and 5 pips distance from current price to pending order. Now the distance for pending order is equal SL value what is not very optimal because if you want to have bigger SL then your pending order is placed very far from current price.
And 2 min time [minimum value] could be reduced to 1min - Then perfect piece of EA - I would buy you coffee for that! I can not make any screens right now [market close] but I can make them on Monday if you need any.
Please let me know if those suggestions are possible to implement, or did I missed something? 
Thank you!

Hi, thanks for your idea, I will put it in the next release. Let me know if you need any supports and happy trading!

Hi, it's now updated and able to backtest, let me know if you need any support, thanks!

Hi, this is now available with "Entry distance" option, you can try and let me know if any problem, thanks!

Hi, there is an option "Auto Close Pending", its default value is "When an order triggered", with that option the EA will close the other order when the opposite order has been activated. If it does not work with you, please let me know, thanks!

Hi,

I am unable to download MT5 version to Windows desktop. Kindly help me to down load.

Hi, release time includes Hour and Minute, so if the news released time is 15:30, then you can set the Hour = 15, Minute = 30, remember the time is your broker's server time.

Hi, here is the instruction of installing an EA after you have purchased a product from MQL5 market, https://www.mql5.com/en/articles/498

My products are free so you can skip the payment step from the instruction.

This EA is pretty awesome!!!

Few ideas to improve this tool even more :-)

1. Can you add a button that closes a running trade even if it did not yet hit takeprofit? So lets say I have a green trade but it did not yet come to my TP and I want to leave it since it moves weakly. Instead of clicking manually on "x" in my terminal I want to click a button in your tool.
2. Maybe a panic-button. This button closes everything: pending order, filled order, ...
3. Please add to your "Auto open orders" smaller opening trade times like 10s before news or 5s before news or even 1s before news.

Hi, the lot size is calculated from currency pair, risk amount, and stoploss distance, so it might cause some confusion if we fix the lot size from beginning and then when the setup is updated, but lot size is not changed. About the profit, it is now in a convinience way to setup, and in this strategy we need to watch it manually, so it is better to not just set the profit distance and leave it running

Hi, you can click "Close All" to close the opening orders on your chart, it will not close your other orders which you've already have, sorry for this confusing. 

About the offset timing, most brokers don't allow open orders at the time arround news released, so 10s or 5s will probably make some confusing when it does not open orders if the time is too close. For example, now the closest one is 1 minute, and from my broker it's failed to open orders, so I have to set to 3 minutes before the new release time.

Hey thank you for the reply!

I trade with a prop firm. Here I can also trade news and can open positions whenever I want. So opening a trade seconds before news release would be a big benefit for me. Maybe you could add a warning box so that ppl with a broker know that there might be issues with opening a position too close to news release.

I have the latest version of your tool but I can only choose "2mins before news" as the smallest time period. Not 1min.

This "Close all" doesnt work at all on my mt5 plattform. It doesnt close neither pending orders nor filled orders. It simply does nothing at all xD

Even with the issues above it is a great tool :)