Market / MetaTrader 4 / Experts /

MyNewsTrader

249 USD

Demo downloaded: 130

Published: 15 January 2016

Current version: 1.8

MyNewsTrader

Experts
Daniel Sic
Daniel Sic
Sweden

1077
2.7 (7)
2 products 9 topics 15 comments
Version: 1.8
Updated: 15 November 2019
Activations: 5

MyNewsTrader is a powerful and fully automatic EA that trades during news times.

Due its heavy customization ability you can make it trade on your own your pre-defined strategy using market, stop or limit orders, advanced targets and different trail types.

It is designed to run as a 'set and forget' EA meaning you don't have to type in any event times to trade, but you can also use it as a manual trader with its on chart buttons.

There is built in event scanner that will look for string matches in the news title and only trade those events it has a match for.

Recommendations

Choosing a good broker is critical because many brokers are widening the spread a lot during news times and that will make it a lot harder to profit during those times
Use a VPS close to your broker for better fill prices and faster execution times
FIFO restrictions? Change setting 'Order count per side' to 1

Signals

https://www.mql5.com/en/signals/151740

General settings

Order comments
Magicnumber - 0=autogenerate
Broker to GMT offset hours - important! example: -2 is when gmt is 2 hours behind brokertime
Maximum spread allowed - 0=any
Slippage - 0=any
Trade direction - choose trade directions

buy
sell
both

Order type - choose ordertype to use

marketorders
stoporders
limitorders

Ecn method - sl/tp is set after order becomes a market order
Stealth orders - hide sl/tp from broker, you can also use this if your broker has minstop limitations

News settings

Include High impact - include high impact news
Include Medium impact - include medium impact news
Include Low impact - include low impact news
Include USD news - include USD events even if the current symbol is non a non USD
TradeEventStr - search for stringmatches in event name to trade. example "FOMC, CPI, Retail Sales". leave empty to include all events
SkipEventStr - search for stringmatches in event name to not trade. example "speaks, Speaks, Conference" leave empty to disable this filter
Show newstime verticle lines - show vertical lines when news times are on chart
Open orders +/- seconds to newstime - create/open order this many seconds to (+) or before (-) news. example: -5 will create orders 5 seconds before newstime

Trade settings

Order counter per side - how many orders above and below price to create. only works if stop/limit orders are chosen
First order distance/entry - how many points from price to create first pending orders. or after how many points price have to move to enter marketorder.
Order to order distance - how many points between pending orders
Delete pending order after seconds - all pending orders will be deleted or it will not enter marketorder after this many seconds
Stoploss - 0=no stoploss
Takeprofit - 0=no takeprofit
First target - 0=disable first target. if disables Takeprofit is only target
First target partitial close percentage - close this pecentage of active lots when first target is hit
First target move to Breakeven - enable/disable move stoploss to breakeven if first target is hit
Trailing distance - trailstop distance (0=disable trailstop)
Trailing jump - trailstop jump/step (0=disable trailjump)
Trailing candle - enable/disable last candle trail mode
Trailing fractal - enable/disable fractal trail mode
Trailing fractal and psar - enable/disable psar mixed with fractal. only works if fractal tail mode is enabled
Trailing indicator timeframe - choose witch timeframe to get values from if candle/fractal/psar trail mode is enabled
Breakeven - move stoploss to breakeven after this many points (0=disable)
Breakeven jump - breakeven locks in this many points in profit (0=disable)

Money management

Lots method - choose lots calculation method

fixed_lots
margin_mm
risk_mm

Lots value - lots size or percentage depending on what Lots_method you have chosen

Tradetime settings

Daily start hour
Daily stop hour
Monday start hour
Friday stop hour - don't create orders after this hour
Friday close hour - close and delete all orders at this hour

more...

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MacroAU (try 15m in tester since Jan - it was a trying time for Gold) new extra modules coming see comments. One trade per day. That's the whole discipline. Not ten trades. Not a grid. One. Gold gives you one clear opportunity most days, and dozens of tempting traps. MacroAU is built to take the first and refuse the rest. Each morning it studies the structure the market has built overnight, decides whether today qualifies at all, then takes a single position with a real stop, a defined target an

250 USD

Plotter is an indicator that was created during the ICT mentorship to make charting quick, easy and fun for everybody. Assign a function to any hotkey in indicator settings or use the default keys to perform smart actions that usually takes a lot of time to perform. Click on any bar, press OHLCMBVPOKJH to plot objects, color them with keys 0-9 or modify them with keys ERAZ and much much more. Indicator settings are described below. CHART SETTINGS gmt_offset auto -23 - 23 daylightsavings= set dst

49 USD

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Daniel Sic