EA Mbot News Trader MT5

EA Mbot News Trader MT5 is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot.

The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release is not followed by price movement, the two orders are deleted after the specified time.


Recommendations on trading

  • 0.01 lot with a minimum deposit of $100
  • It is recommended to test the EA on a demo account to understand what kind of settings you should use with your broker.
  • It can be optimized to work on any instrument
  • ECN brokers with low spread and slippage are recommended for trading


Settings

MagicNumberEA - unique number for the robot to distinguish its orders

slippage - maximum slippage in points

lotMode - lot settings

  • LOT_MODE_CONST - fixed lot mode
  • LOT_MODE_STEP_BALANCE - automated lot calculation based on the lot and balance step
  • LOT_MODE_DEPO_RISK_PER_ORDER - automated lot calculation based on risk % of balance
    • lotConst - trade volume in the fixed sizing mode
    • lotModeStep_BalanceStep - balance step
    • lotModeStep_LotStep - lot step. For example, if you set the balance step to 100 and the lot step to 0.01, then 0.01 lot will be opened per each 100 of balance.
    • lotModeDepo_riskPerOrderPercent - risk percent of balance. (1-100%)

timeSettings - time settings

  • timeOfNewsLocal - news release data and time (local time)
  • secondsToStart - the time in seconds before the news release to place pending orders and to hold them at the given distance from the current price
  • secondsToCancel - time in seconds after which pending orders will be deleted
  • inpDistanceToBuy - distance between the Buy order and the current price
  • inpDistanceToSell - distance between the Sell order and the current
  • inpPendingOPModifyStep - orders price change step before a news release

strategy - choose a trading strategy

  • STRATEGY_STOPS - a breakout strategy. The EA places 2 orders: Sell Stop below the current price and Buy Stop above the current price
  • STRATEGY_LIMITS - a rollback strategy. The EA places 2 orders: Sell Limit below the current price and Buy Limit above the current price
  • STRATEGY_BUYSTOP - a Buy Stop order is placed
  • STRATEGY_SELLSTOP - a Sell Stop order is placed
  • STRATEGY_BUYLIMIT - a Buy Limit order is placed
  • STRATEGY_SELLLIMIT - a Sell Limit order is placed
  • deleteRemainingOrder - enable/disable deletion of the second order after a trade is opened
  • deleteUfterTimeCancel - enable/disable deletion of pending orders after timeout
  • StopLossBuy - configuration of the protective order in points for Buy trades
  • TakeProfitBuy - Take Profit for Buy trades in points
  • StopLossSell - configuration of the protective order in points for Sell trades
  • TakeProfitSell - Take Profit for Sell trades in points
  • SizeTrallStart - distance in points, after which Trailing Stop is activated
  • SizeTrall - Trailing Stop distance from the current price
  • SizeTrallStep - trailing step
  • NPipsTurnOnNoLoss - distance in points, after which the protective stop loss order is moved to the open price
  • NPipsShiftNoLossProfit - shift of the breakeven level from the opening level

OtherVariables

  • ordersCommentConst - a comment to orders
  • sleepIfFailedMs - a pause in seconds after an unsuccessful request
  • displayComment - enable/disable the information panel
  • displayPrint - enable/disable logs
  • messageType - notification about opening/closure of trades (alert, E-mail, Push)
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SomaOil is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for WTI crude oil (XTIUSD). One chart, one EA, 20 independent strategies running together as a single diversified portfolio. Live Signal. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD (48 hours) Starting from Monday the price increases by 100 USD for every 10 copies sold Price increases happen at most once per day, even when more than 10 copies are sold t
Gold House MT5
Chen Jia Qi
4.49 (59)
Experts
Gold House — Gold Swing Breakout Trading  One EA. Three Trading Modes. Choose the One That Fits Your Style. No Grid. No Martingale. The price will increase by $50 after every 10 purchases. Final planned price: $1,999. Live Signals:  Profit Priority Mode： https://www.mql5.com/en/signals/2359124 BE priority Mode :  https://www.mql5.com/en/signals/2372604 Adaptive Mode:   https://www.mql5.com/en/signals/2379287  (High-Risk Configuration Reference – Potential profits and losses are amplified. N
Wave Rider EA MT5
Adam Hrncir
4.88 (43)
Experts
Scalper speed with sniper entries. Built for Gold. Tired of all the fake EAs that eventually disappear?  Wave Rider  is honest, transparent EA without any fake AI or manipulated back-test that's being continuously developed $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new pre
Impulse MT5
Simon Reeves
5 (13)
Experts
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
XG Gold Robot MT5
MQL TOOLS SL
4.3 (111)
Experts
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
Bypass Generator
Connor Michael Woodson
2.5 (4)
Experts
Bypass Generator is a deterministic scalping system for XAUUSD based on institutional-grade algorithms. Live Signal: CLICK HERE This is not a typical EA that thoughtlessly opens trade after trade, destroying your margin and putting your deposit at unnecessary risk. Every entry passes through 16 independent validation layers before opening a single position. There are no grids, and every trade has a virtual Take Profit and Stop Loss. The backtest curve was not optimized for unrealistic performan
Chiroptera
Rob Josephus Maria Janssen
4.62 (45)
Experts
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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EA Mbot News Trader is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot. The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release is n
LevelPAttern
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LevelPAttern is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications. Indicator operation features It is suitable for working with any CFD and FOREX trading instrume
LevelPAttern MT5
Maxim Sokolov
Indicators
LevelPAttern MT5 is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications. Indicator operation features It is suitable for working with any CFD and FOREX trading inst
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