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MyNewsTrader

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

  1. 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
  2. Use a VPS close to your broker for better fill prices and faster execution times
  3. 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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No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
Index Scalping Pro
Julia Lopez
5 (2)
Index Scalping Pro is a  indices trading Expert Advisor (EA). What sets us apart from others? This EA utilizes 3 real trading strategies . Unlike many EAs that have filled their systems with flashy yet risky grid systems and heir own martingale systems (often disguised as "neural network/artificial intelligence/machine learning" and manipulated in tests to achieve higher sales), Index Scalping Pro relies on a simple approach. It employs a highly effective strategy based on daily support and res
Luna AI PRO
Profalgo Limited
4.5 (2)
Launch promo: Only 1 copies available at 399$ Final price: 2000$ There will be only a limited number of copies sold of this EA Luna AI is a very advanced night scalper and one of the best you can find on the market.  It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was developed over the years, the EA is very effective and has
ET9 for MT4
Hui Qiu
5 (2)
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 3.50 !!   Important update:    Enable automatic closing of profits. Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4 is a powerful automated trading program with a 9-in-1 trading strategy for gold (XAUUSD) and  GBPUS
Bonnitta EA
Ugochukwu Mobi
3.6 (20)
Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
SSX Titan TT MT4
Artem Minchuk
2.55 (11)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
TS Prop Firm MT4
Marzena Maria Szmit
5 (3)
TS Prop Firm MT4 has been prepared for Prop Trading Firms and Forex Brokers. TS Prop Firm EA is a version that support the EURUSD, XAUUSD and US30 . There are three risk levels to choose from: Low, Medium and High. This robot is also protected during important news , when high-impact news comes out, the robot doesn't open positions for 60 minutes before and 60 minutes after the important news. TS Prop Firm is available in one version for MetaTrader 4. If you click on my profile, you can find the
Buy it now for $259. The next price will be $349! PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right direction, the rob
More from author
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
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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