News Spike Pro

News Spike Pro is an advanced MetaTrader 5 Expert Advisor designed for XAUUSD / Gold news trading around scheduled economic releases.


It combines pre-news grid preparation with post-release Actual-versus-Forecast analysis and intelligent directional grid execution. When sufficient release data is available, the EA uses the difference between Actual and Forecast together with automatic symbol-correlation logic to identify the relevant trading direction.


Before a selected economic event, News Spike Pro monitors the built-in MetaTrader 5 Economic Calendar and prepares a configurable grid of Buy Stop and Sell Stop pending orders around the market. The objective is to have the trading structure ready before the expected volatility begins.


After the release, the EA waits for the configured news-data delay and attempts to read the available Actual and Forecast values from the MetaTrader 5 Economic Calendar. When the Actual-versus-Forecast difference reaches the configured threshold, the EA applies its correlation logic to determine the relevant side for the attached symbol.


When a directional signal is identified, the EA can keep the corresponding side of the grid and cancel the opposite pending orders. This allows the pre-news two-sided grid to transition into a directional execution mode based on the available economic-release data.


If sufficient release data is unavailable within the configured waiting period, News Spike Pro can fall back to its configurable OCO-based pending-order management logic.


The EA also includes protective trade-management features designed specifically for the demanding execution conditions that can occur around major economic releases.


MAIN FEATURES


• Advanced news-trading EA for MetaTrader 5.

• Designed and optimized for XAUUSD / Gold news trading.

• Uses the built-in MetaTrader 5 Economic Calendar; no external calendar source is required.

• Filters economic events by High Impact and optional Medium Impact levels.

• Filters events by selected calendar currencies.

• Prepares a configurable Buy Stop and Sell Stop grid before scheduled news events.

• Supports up to 15 configurable grid levels with individual distance and lot-size settings.

• Uses configurable take-profit and stop-loss settings for grid orders.

• Reads Actual and Forecast release values when available.

• Uses configurable Actual-versus-Forecast directional processing.

• Applies automatic correlation logic between the news currency and the attached trading symbol.

• Supports manual correlation configuration when required.

• Automatically recognizes common Gold symbol names containing XAU or GOLD.

• Supports common broker symbol variations such as XAUUSD, XAUUSD.a, XAUUSDm, XAUUSD.pro, GOLD, and similar names containing XAU or GOLD.

• Uses OCO management to cancel the opposite pending-order side after directional confirmation.

• Includes spread filtering before grid placement.

• Includes slippage protection and execution safeguards.

• Includes break-even and trailing-stop management.

• Includes configurable cooldown management between news events.

• Includes pending-order, position, and event timeout protection.

• Includes optional whipsaw hedge management when Buy and Sell positions coexist.

• Includes an equity drawdown kill switch.

• Includes an on-chart information panel and optional news-event lines.


STRATEGY OVERVIEW


News Spike Pro is designed for scheduled economic events that may produce short-term volatility in XAUUSD / Gold.


Before a selected event, the EA prepares pending orders above and below the current market price. This creates a configurable pre-news grid ready for the release.


After the event, News Spike Pro evaluates the available economic-release data. When Actual and Forecast values provide a sufficient difference, the EA uses its correlation logic to determine the relevant direction for the attached Gold symbol.


For example, a positive surprise in important USD data may indicate relative USD strength. For XAUUSD, the EA applies its configured inverse commodity correlation so that USD-strength scenarios can be interpreted accordingly for Gold.


When a clear data-based directional signal is not available, the EA can use its configured fallback and OCO management logic.


If a fast two-sided whipsaw causes both Buy and Sell positions to coexist, the optional hedge-management module can manage the combined exposure according to its configured profit target, trailing, timeout, and maximum-loss parameters.


IMPORTANT SETTINGS


• TradeHighImpact / TradeMediumImpact: Select the economic-event impact levels to trade.

• TradeCurrencies: Comma-separated calendar currencies to monitor.

• NewsLookaheadHours: Number of hours used to search for upcoming economic events.

• GridLines: Number of active grid levels, up to 15.

• GridTPPips / GridSLPips: Take-profit and stop-loss settings for grid orders.

• MaxSpread: Maximum spread allowed when preparing the grid.

• UseHedgeMode: Enables hedge management when Buy and Sell positions coexist.

• UseKillSwitch / MaxDDPercent: Enables equity drawdown protection.


REQUIREMENTS AND USE


• MetaTrader 5 terminal with access to the built-in Economic Calendar.

• Attach News Spike Pro to an XAUUSD / Gold chart.

• The EA can be used on any chart timeframe. The selected timeframe does not change Economic Calendar event detection or the pending-order grid logic.

• The EA automatically uses the active chart symbol and recognizes common Gold symbol variations containing XAU or GOLD.

• A hedging account is required because the EA can manage Buy and Sell positions simultaneously in whipsaw conditions.

• A broker offering suitable execution, spread, stop-distance, volume-limit, and liquidity conditions for news trading.


Broker conditions can significantly affect news-trading execution. During major economic releases, spreads, slippage, liquidity, stop distances, and execution quality can vary substantially between brokers and account types.


Users should evaluate the EA under their own broker conditions and with appropriate risk settings before using it on a live account.


RISK WARNING


News trading involves substantial risk. During major economic releases, spreads may widen, liquidity may decrease, execution may be delayed, and orders may be filled at prices different from requested prices.


Grid trading and hedging can increase trade frequency and total market exposure. Users are responsible for selecting appropriate lot sizes, grid distances, stop-loss settings, drawdown limits, event filters, and broker conditions for their account.


The Actual-versus-Forecast directional logic depends on the availability and timing of economic-calendar release data. When sufficient release data is not available, the EA may use its configured fallback behavior.


Past results do not guarantee future results. This Expert Advisor does not guarantee profitability.

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ONLY 10 COPIES LEFT AT 199$  | NEXT 299$ | 499$ FINAL PRICE User manual Live signals Cepheus Loyalty Cepheus Ultimate (both breakout engines Cepheus Discipline Two Synergistic Engines. Zero Grid. Zero Martingale. Defined Risk. Cepheus is a dual-engine algorithmic trading system developed specifically for XAUUSD (Gold) . Instead of relying on a single trading model, Cepheus combines two independent strategies designed to identify different types of market opportunities. Each engine has its own
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Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan for free !*** Ask in private for more details Verified Signal:   Click Here MT4 Version
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Smart Golden Portfolio is an XAUUSD Expert Advisor designed for traders who want a stable strategy that can remain part of a trading portfolio for the long term. Live IC Markets Signal You can follow the live IC Markets signal results from today here: https://www.mql5.com/en/signals/2389307 The core strategy was developed before 2025 as part of a much larger research process involving thousands of generated and tested strategies. From that pool, only a small number were selected for extended for
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