Market / MetaTrader 4 / Experts /

MyNewsTrader

249 USD

Demo downloaded: 123

Published: 15 January 2016

Current version: 1.8

MyNewsTrader

Experts
Daniel Sic
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

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Trade only from support and resistance levels. Filters are used on proprietary indicators. A grid of orders with partial closing of orders is included! Signals https://www.mql5.com/ru/signals/1776144?source=Site +Profile+Seller Currency pairs: EURGBP, GBPUSD, EURUSD, USDCAD, EURCAD, use minimum lot For rollback currency pairs, you can use an increased lot of AUDCAD, AUDNZD, NZDCAD. Timeframe: M15 Settings Lots=0.01 Fix lot LotsMartinp= 1 Lot

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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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Version 1.8 2019.11.15

Hardcoded news URL address is now soft coded and can be changed in settings.
Default URL changed to: "http://cdn-nfs.faireconomy.media/ff_calendar_thisweek.xml

Some Tips!
Set up your own strategy in settings.
Dont forget to set GMT
Dont forget to set NewsCurrencies (Default is USD). Multiple Symbols can be used. Example: USD,GBP,AUD
Dont forget to set OrderTimeOffset. Default is -60 seconds before news event.
Keep spread limit and slippage filter high or 0=off
On some red news spread and slippage can be high on various brokers.

Version 1.6 2016.05.25

- recoded a lot of the code to work with less CPU and memory
- added new trailing options
- added ma trailing
- added close other side function
- new default settings