News Catcher Range Breakout MT4 EA

News Catcher Range Breakout MT4 EA

"Trade on news and capture sudden price movement"


What this EA does:
This EA will help you trade on News.


User input the news hour and time or read the next news date and time from a text file.
The text file should be in MQL4\Files folder for live trading.
and in tester\files folder for back test.


Specify trading window time, start minutes before and end minutes after news.

User can also trade after the news to avoid risk of slippage
and capture price reversal or continuation by
putting minus sign in the "Minutes Trade Start before News" parameters.
It becomes trade start minutes after news.

Use Price(avg bid & ask) as the base.

Add distance pts on top and bottom of the base to create range.

Send Pending BUY STOP @ range high and SELL STOP @ range Low.
Sandwiching the price to catch price sudden movement.

Features or Setting:

Parameters must be re-tune or recalibrate according to pairs and market condition.


Option to delete or leave pending orders after trading window closed.
Option to close or leave open orders after trading window closed.

Order Frequency to limit over trading
or to trade Long only or to trade Short only
if there is strong trend in fundamental or macroeconomics.

Trailing Stop, SL trail market price by pts
when triggered pts from Order Price.

Locking Stop or Breakeven Stop, Lock SL at Order Price by pts
when triggered pts from Order Price.

Partial Close, close partial(some) lot
when triggered pts from Order Price.

Partial Close, close partial(some) lot
when triggered minutes after the news.
Secure profit ASAP after news but trading window still open to catch if there is price reversal.
or do not secure profit and expect price make a continuation move or hit target.

*Martingale* option to change lot size after number of trades.

Equity Stop to delete and close orders when triggered.
(*Orders from this EA or all orders within this account)

Disclaimer:
There is no winning guarantee.
Treat this EA as a tool to help you trade, to test on your theory or strategy or parameters.
Combine it with other techniques, fundamentals, macroeconomics.
Since this is a breakout strategy, always look for strong trend or strong momentum
like news, trading session opening (Asia Session, London Session, New York Session).
If you are trading on USD pair, look for USD news and New York opening Session.

Risk:
Slippage,
Sudden Spike and Reversal at the same time,
Sideways or weak momentum hitting multiple StopLoss

Recommendation:

USDJPY pair and trade on US news with high importance
XAUUSD and other pair also can.


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Ahmad Sidik
3 (2)
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Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
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Profalgo Limited
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LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our   promo blog ! JOIN PUBLIC GROUP:   Click here Live results low risk Live results high risk Welcome to STABILITY PRO :  One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in every
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Bogdan Ion Puscasu
5 (6)
Experts
Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT5 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT4 and you could get Quantum Queen X or Quantum Athena X or Quantum Commander or Quantum Emperor or Quantum Baron or Quantum OmniGold or Quantum StarMan for free !*** Ask in
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Thi Thu Ha Hoang
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Introducing Boring Pips EA 6.0 — the 10th major update released over the past three years, and the most significant change yet to the EA’s trading algorithm and overall trading approach. Version 6.0 introduces a completely redesigned structure: No Grid and no Martingale 100% of positions use a hard Stop Loss, with risk allocated based on account balance for easier per-trade risk control New trading logic and configuration designed around clearer and more controlled risk management Setting files
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