NewsGuard News Filter

  • Utilities
  • Nick Illig
    Nick Illig
    MT5/MT4 developer focused on prop-firm tooling and trading utilities: equity/drawdown
    guards, news filters, trade managers, risk panels. Multi-year MQL5 experience building
    and operating expert advisors under real prop-firm rules (FTMO-style daily loss limits,
  • Version: 1.0
  • Activations: 5
NewsGuard is a news filter and news-protection utility for prop-firm and funded-account risk management. It watches high-impact economic events and can automatically close positions before the release, helping you respect a "no trading around news" rule and avoid holding open positions and pending orders into unpredictable volatility. It runs entirely on the MetaTrader 5 built-in economic calendar. No external feeds, no WebRequest, no third-party news source to configure or trust - it works out of the box on any broker that provides the standard MT5 calendar. It is made for traders who must follow news rules on prop-firm evaluation and funded accounts (for example a "no trading X minutes around high-impact news" rule), and for anyone who simply does not want a position running through a red-folder release. WHAT IT DOES - Reads upcoming events directly from the built-in MQL5 economic calendar - no internet request, no external data feed. - Shows the next relevant events on a clean chart panel: time, currency, importance, event name and a live countdown. - Filters by importance (high only, or high plus medium) and by currency: chart symbol currencies, currencies of all open positions, or a custom list. - Protection window around each event: configurable minutes before and after the release. - Inside the window it acts as configured: alert only, close the chart symbol's positions, or close all positions whose symbols involve the event currency. - Magic-number filter: protect every trade, or only one strategy's trades. - Alert dedupe: one alert per event, persisted so a chart reload does not re-alert. - Optional push notifications and sound. WHAT IT DOES NOT DO - It generates no trade signals and places no entries. It is a pure protection utility, not a trading system. - It cannot manage pending orders it is not configured for, and it does not guarantee any outcome: closing positions requires a connected terminal and an open market. - The built-in economic calendar returns no data in the Strategy Tester; the panel tells you so. Attach it to a live or demo chart to see it work. - Always confirm your firm's exact news rule yourself - this tool helps you follow it, it does not replace it. INPUTS - Minutes before / after the event (protection window) - Importance filter: high only, or high plus medium - Currency mode: chart symbol / all open positions / custom CSV list - Action inside the window: alert only / close symbol positions / close all matching - Magic-number filter, push notifications, sound, number of upcoming events shown RECOMMENDED USE Attach one instance per account. To follow a prop-firm challenge news rule, set the protection window slightly wider than the official one (for example 6 minutes for a 2-minute rule if you want a safety margin) and choose the close action that matches how strictly your firm counts news trades. Test it first on a demo account so you know exactly how it behaves before a live evaluation.
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DayGuard is a risk management and trading-discipline utility for prop-firm challenge and funded-account traders who must respect a daily profit target and a consistency rule. It watches your daily profit in real time, closes the trading day for you when the target is reached, and tracks how much of your total profit each day contributes - the metric behind consistency rules. It is also for anyone who keeps giving back a good day's profit by overtrading. WHAT IT DOES - Daily profit target in acco
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