MID NewsGuard

MID_NewsGuard_EA v3.13 — Description

Short Description

MID_NewsGuard_EA is a DLL-free MT5 Expert Advisor that reads the native MetaTrader 5 economic calendar, displays upcoming high/medium/low-impact news on your chart, and automatically protects your trading during configurable news windows by closing open positions, deleting pending orders, and blocking new entries. Fully MQL5 Market compliant — no DLL imports.

1. What It Is

MID_NewsGuard_EA is a news-aware risk-management utility for MetaTrader 5. It does not generate signals or place trades. It is a companion EA that runs alongside your existing strategy and shields it from volatility spikes around scheduled economic releases.

Three pillars:

  1. Native MT5 calendar — reads CalendarValueHistory / CalendarEventById directly from MetaQuotes' servers. No scraping, no HTTP, no DLL. Times are already in broker server time.

  2. Visual awareness — top-left news panel with countdowns, vertical lines per event, colored guard-zone rectangles, bottom-right parameter dashboard.

  3. Automated protection — during a user-defined window around each selected news event, closes open positions, deletes pending orders, and blocks new entries, filtered by magic number and/or symbol.

Every action is logged and optionally alerted.

2. The Problem It Solves

Scheduled releases (NFP, CPI, FOMC, ECB, BoE, GDP, PMIs, holidays) produce spread explosions (3× to 20×), slippage, stop-level widening, gap risk, liquidity holes, and requote storms. For any EA or manual trader with a strict risk model, this can mean losses far beyond the intended stop-loss, grid systems filled at every level at once, and drawdowns that violate prop-firm rules.

Many prop firms now forbid holding or opening trades within minutes of high-impact news. Violations can invalidate a payout. Even where allowed, spread/slippage cost often makes such trades negative-expectancy.

Why existing solutions fall short: manual watching doesn't scale; calendar websites drift from broker time; DLL-based or scraped news EAs are fragile and forbidden on the Market; setting the Algo button OFF kills every EA at once.

What this EA brings: the same calendar your broker uses (perfect time alignment), impact-level selection, currency/symbol filtering, per-magic protection, logged close/delete/block, audio alerts, and full MQL5 Market compliance.

3. Features

Calendar ingestion — per-currency calls, refresh every InpRefreshMinutes (min 60 s on failure), last known list preserved on network error, server-time aligned.

Two independent impact filters — InpShow* controls what appears on chart; InpGuard* controls what triggers protection.

Currency & symbol filtering — InpCurrencies (CSV, empty = all), InpSymbolMatch (only trigger if news currency matches position symbol), InpOnlyChartSymbol (only current chart's symbol).

Guard window — [T − InpMinutesBefore, T + InpMinutesAfter] per event; overlapping windows are unioned per symbol.

Enforcement (from OnTick , OnTimer , OnTradeTransaction ):

  • Positions opened before window → close if InpClosePositions .

  • Positions opened inside window → close if InpBlockNew .

  • Pending orders opened before → delete if InpDeletePending ; inside → delete if InpBlockNew .

  • All filtered by InpMagics (empty = all magics), symbol filters, and union window.

Alerts — pre-news popup + sound InpAlertBeforeMin before each event (deduplicated); optional post-action alerts on every close/delete.

Visual layer — top-left panel (title, refresh status, color-coded guard status, per-news countdown + impact icon + currency + title + optional A/F/P values), next-day news in smaller font, vertical lines colored by impact, guard-zone rectangles (red = active, orange = upcoming), bottom-right dashboard, auto theme detection (dark/light).

Robustness — background created once and only updated (fixes MT5 z-order bug), orphan labels cleaned, counters (G_ClosedCount , G_DeletedCount ) shown in status, all in-memory, no files, no globals, no timer drift.

4. Who It's For

Suitable for: EA portfolio operators wanting a single news-guard layer by magic; discretionary traders wanting visual calendar + manual-trade protection; prop-firm traders needing rule compliance with logged evidence; grid/martingale/averaging EAs (most vulnerable to spikes); scalpers avoiding noisy 5–10 min windows; demo users evaluating news exposure without risk.

Not designed for: generating trades; replacing the global Algo toggle (v3.13 cannot toggle the terminal button — DLL-free constraint); fundamental forecasting (acts on scheduled time, not content); backtesting (Strategy Tester has no calendar; the EA correctly reports unavailable and does nothing).

5. Architectural Choices

Native MT5 calendar — same source as broker → no time-zone drift, no scraping breakage, official API, filterable at source.

Per-magic and per-symbol filtering — real portfolios mix strategies and symbols; a blanket close-all guard is too blunt. This EA can protect all of a specific EA's trades, only the current symbol, only symbols containing the news currency, or any combination.

Close-before / block-during — real strategy EAs cannot be paused externally without DLL, and the Algo button is global. Closing and blocking is the only mechanism in pure MQL5 that gives a portfolio-wide news guard, and it is auditable.

DLL-free — the Market forbids DLLs. v3.12 used user32.dll (PostMessageW + GetAncestor ) to click the Algo button: Windows-only, fragile, blockable, non-compliant. v3.13 removes it and replaces the global toggle with per-trade protection — a deliberate trade-off: loses ability to kill other EAs, gains portability and compliance.

Close and block — close handles existing exposure; block handles new exposure during release (including EAs that ignore the calendar and triggered pending orders). Doing only one leaves a hole.

6. Example Scenarios

A — EURUSD grid EA (magic 20240001 ): with InpMagics="20240001" , high-impact, −10/+20 min, close + block → at 14:20 the EA closes all grid positions and deletes pending limits; any leg opened at 14:31 is closed; normal activity resumes at 14:50.

B — Multi-EA portfolio (100,200,300 on EURUSD/GBPUSD/USDJPY): InpSymbolMatch=true , InpGuardHigh=true → US news protects GBPUSD and USDJPY but not EURUSD; EUR news protects EURUSD only.

C — Prop-firm compliance (±2 min on high impact): every close/delete logged with ticket and time; the log is your compliance evidence.

D — Demo observation: InpEnableGuard=false → panel + alerts only, no intervention, perfect to learn when your strategy is exposed.

7. Limitations

  • No global Algo toggle (v3.13): cannot stop EAs whose magics aren't listed. Freeze everything by listing all magics or using the terminal button.

  • Scheduled news only: does not react to surprise headlines or geopolitical shocks.

  • Requires MT5 calendar online: on server failure, uses last cached list and logs an error.

  • Broker-dependent: PositionClose may fail with 10018 /10030 if stops widen or fill mode rejected; retries every tick but cannot force a close the server refuses.

  • No Strategy Tester support: no calendar in tester; use demo.

  • Dangerous combo: InpMagics empty + InpSymbolMatch=false + InpOnlyChartSymbol=false = close ALL positions during news.

  • Multiple instances each fire their own alerts (by design).

8. Positioning

Approach Time accuracy DLL-free Market-compliant Per-magic Per-symbol
Manual watching Good N/A N/A No No
News websites ± minutes N/A N/A No No
DLL-based EAs Good ❌ ❌ Sometimes Sometimes
Web-scraping EAs ± minutes ✅ Sometimes Rarely Rarely
Terminal Algo button Instant ✅ ✅ No (global) No (global)
MID_NewsGuard v3.13 Exact ✅ ✅ ✅ ✅

9. Technical Snapshot

Attribute Value
Platform MetaTrader 5 (build 3000+)
Language MQL5
DLL imports None
External deps Native MT5 economic calendar
Files / globals written None
Timer 1 s (EventSetTimer(1) )
Calendar refresh Every InpRefreshMinutes (min 60 s on failure)
Compilation 0 errors, 0 warnings
Chart objects OBJ_VLINE , OBJ_RECTANGLE , OBJ_RECTANGLE_LABEL , OBJ_LABEL (prefix MIDGuard_ )
Cleanup ObjectsDeleteAll(0, G_PREFIX) in OnDeinit

10. Summary

MID_NewsGuard_EA v3.13 is a purpose-built, DLL-free, Market-compliant news guard for MT5. It combines the accuracy of the native MT5 calendar, the clarity of an on-chart news dashboard, and the safety of automated close/delete/block during high-impact events. It protects only the trades you designate (by magic and/or symbol), logs every action, and adapts visually to your chart. It is not a strategy — it is the risk layer your strategy should have been built on top of, especially for grid, martingale, scalping, and prop-firm use cases.


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DrawDown Limiter v5.0 — Advanced Account Protection Controller DrawDown Limiter v5.0 is a client-side account protection controller designed to supervise your trading account and automatically react when configured risk, profit, news, schedule, rollover, or position limits are reached. It can monitor manual trades, automated strategies, multiple Expert Advisors, pending orders and floating positions from one dedicated chart. It can protect the complete account or be configured to supervise a spe
Master Your Trading Discipline   Stop losing your hard-earned gains to overtrading and emotional decisions. The Discipline Tool is your ultimate trading assistant, ensuring strict risk management in real-time. Key Protection Features: Advanced Drawdown Defense : Automatically halts trading if your daily drawdown exceeds a preset threshold (percentage or dollar amount). Real-Time Equity Lock : Safeguard profits by referencing peak equity, ensuring drawdown stays within control. Hard Profit Target
Sentinel Master
Luca Barone
5 (1)
PROFESSIONAL MULTI-ACCOUNT TRADE COPYING FOR METATRADER 5 Sentinel Master is a trade-publishing Expert Advisor designed to work together with Sentinel Follower , providing a reliable and configurable solution for copying trades between MetaTrader 5 accounts. The system is designed for traders who manage multiple accounts and want to replicate their trading activity without manually opening and closing positions on every account. Sentinel Master continuously monitors the source account and publis
Dealer Panel
Mian Rameez Ali
Dealer's Panel No signal decides anything here — a hand does. One click, and the panel calculates what's underneath: lot size from risk, target from a 30-step balance ladder that remembers exactly how far an account has climbed. Toggle between market and pending without touching an input field. Set a stop, and the take-profit can write itself — a fixed share of the balance, translated into price with no arithmetic left for the trader to get wrong. One trade live at a time; it won't let a seco
AW Shepherd Safety MT5
AW Trading Software Limited
5 (5)
AW Shepherd Safety EA is an Expert Advisor for managing open positions. The trader opens the first order from the panel, and from there the EA runs the basket on its own: it adds recovery orders with a trend filter, closes a side on TakeProfit, trailing or stop, and shows the close levels on the chart. Buys and sells are managed separately, and both sides can be open at the same time. A recovery order opens not just on a price step but once Parabolic SAR, two MAs or candle color show a reversal
Astro Trade MT5
Indra Maulana
5 (8)
25% discount on the release of the tool: only for the next 3 buyers Send a message to receive a demo version. AstroTrade Trading Assistant AstroTrade is a comprehensive multi-functional trading utility developed for the MetaTrader 5 platform. It integrates essential tools for trade execution, risk management, and technical monitoring into a single unified interface. The application is designed to assist traders in managing their daily operations through a visual and structured environment. Vi
My Chart Generator
Trade The Volume Waves Single Member P.C.
5 (1)
What if your chart adapted to the market instead of the clock?   THE PROBLEM IT SOLVES   Instead of trying to find the best indicator that fits your timeframe chart, build a chart and find the most appropriate indicator.   My Chart Generator is a MetaTrader 5 background service that builds  live, fully historical three types of custom charts :1. Range/Volume Balanced chart, 2.  Range/Volume Absorption chart and 3. Constant Volume chart from any symbol — Forex pairs, crypto, indices, commodities,
AlgoRadar
Stephen J Martret
5 (4)
AlgoRadar is an on-chart analytics dashboard for MT5 that aggregates Expert Advisor performance across multiple accounts, brokers, and platforms, including both MT4 and MT5 data, into a single live view on your MT5 chart. All analysis runs from the chart interface, with no external applications or manual report processing required. EA Analysis and Ranking For traders running multiple Expert Advisors, AlgoRadar provides a consolidated view of each EA's performance across accounts. Active EAs a
REVDEN AI Desk: Run Your Trading From One Conversation With Your Own AI, on REVDEN's Market Context Imagine running your trading from one conversation. REVDEN AI Desk brings it into MetaTrader 5: you ask your own AI how it reads the market, and it answers from REVDEN's full context on the symbols you trade, with their state, their risk picture and the releases ahead. Its proposals arrive with entry, stop, target and risk, and you approve the ones that fit. Your rules change the same way: write w
Close by percentage MT5
Konstantin Kulikov
5 (1)
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets"   https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open   one   additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following fu
Sentinel Follower
Luca Barone
5 (1)
MULTI-ACCOUNT TRADE COPYING WITH ADVANCED RISK MANAGEMENT Sentinel Follower is an automated trade-copying Expert Advisor for MetaTrader 5, designed to receive and execute trading positions published by Sentinel Master . The system allows traders to replicate trading activity across multiple accounts while maintaining independent control over position sizing, risk exposure, basket management, and trade execution. Unlike traditional trade copiers, Sentinel Follower includes additional risk-managem
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