• Overview
  • Reviews (2)
  • Comments (48)
  • What's new

Auto News

5

Introduction

Expert adviser Auto News - 100% algorithmic Forex news trading robot for Meta trader 4 - With this adviser you never miss any news, you manually input time to enter the market (news range) to process and what type of news once - at setup and after that it's all done automatically. Different order types to use, pending stops and limits - chose whether you want to trade in each direction or just with a one direction buy or sell. Pending orders can be set to expire by news time (minutes after news been announced) or by OCO (one cancel other). Fully configurable news types - Low,Medium,High and NFP's (Non farm payrolls)

Advantages

  • Web request news type module - no (DLL) used!
  • News module cover all type of news
  • No dangerous trading methods used such as martingale,hedging or anything else
  • Orders always executed with stop loss and take profit
  • Automatic or defined entry price distance
  • Trailing stop and break even to secure position profits
  • Spread and weekday filters
  • Risk assessment with fixed or risk % sized contracts
  • Works with any account type and leverage
  • Low initial deposit ~$20~50/symbol based on leverage 1:500

Other information

Auto News can't be back tested,in tester mode it launches orders were you can test/setup desired order levels. Run adviser on a demo account first and adjust settings to fit your needs before entering live trading. Remember that each new currency pair you trade may require it's own specific settings. Setup Auto News according to your own trading plan. There are no presets available for any symbol.

    News module web request URL

    Web Request needs an URL link to be working and download it's news data for processing news. Be sure to check ' Allow Web Request for listed URL's in tab Tools/Options/Expert advisers and copy-paste provided link into the field 'Add new url'.

    http://ec.forexprostools.com/

      Expert menu settings

      • Risk assessment - Fixed or risk % sized contracts
      • Adviser settings - Rounds per news announcement,manually pause adviser,slippage,spread,auto/manual magic number set and order string comment
      • Order settings - Automatic or defined price distance,order types (Pending buy stop,sell stop,buy-sell stop,buy limit,sell limit,buy-sell limit,pending expiration, timer mode,news timer,OCO or combined(a combination for OCO orders),pending order distance pips from price,take profit and stop loss.
      • Trailing stop - On/off, trailing stop pips, trailing step pips
      • Beak even - On/off, trigger pips, padding pips
      • News settings - Server GMT offset,news types (low-medium-high-nfp) and timers
      • News chart objects - Draw objects true/false, object colors and styles
      • Weekday manager - Handle what days to trade on (Mon - Fri) on/off
      • Dashboard settings - Back ground and frame colors


        Reviews 2
        Gregg Housh
        79
        Gregg Housh 2020.08.20 23:50 
         

        This EA does exactly what it was built to do. The options are easy to understand, and the programmer gives great support in the comments. If you want to trade the news with OCO then this is the EA to do it.

        Giordan Costa
        1122
        Giordan Costa 2020.06.03 19:51 
         

        For now 5 star for trust at demo version,will update in a Month.

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        Gregg Housh
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        Gregg Housh 2020.08.20 23:50 
         

        This EA does exactly what it was built to do. The options are easy to understand, and the programmer gives great support in the comments. If you want to trade the news with OCO then this is the EA to do it.

        Giordan Costa
        1122
        Giordan Costa 2020.06.03 19:51 
         

        For now 5 star for trust at demo version,will update in a Month.

        Reply to review
        Version 2.4 2020.12.16
        This version;
        1. Additional expert checks added
        2. Spread filter added
        Version 2.3 2020.08.24
        This version;
        1. Sunday trading switch added
        Version 2.2 2020.08.22
        This version;
        1. Bug fix event timer
        Version 2.1 2020.08.22
        This version;
        1: New rebuilt trailing stop and break even functions
        2: Small corrections for ATR level calculations on some orders
        3: Added multiplier factor to ATR and fully configurable time frame and period
        Version 2.0 2020.08.20
        This version as per user request;
        1. Combined pending expiration mode added
        Version 1.9 2020.08.20
        This version;
        1. Tiny alert removed
        Version 1.8 2020.08.20
        This version;
        1: A new function which allows you to select type of pending entry price distance to use. Automatic dynamic (ATR) levels or fixed (Defined) levels which you set yourself. Please test on demo first before use on real account
        Version 1.7 2020.08.15
        This version;
        1: A tiny pointer bug fix
        Version 1.6 2020.05.15
        This version;
        1: Dashboard fix (RPN count)
        Version 1.5 2020.05.13
        This version;
        1: RPN dispatch fix
        Version 1.4 2020.05.11
        This version;
        1: Pending orders timer fix
        Version 1.3 2020.05.11
        This version;
        1: Dash board objects fix
        Version 1.2 2020.05.02
        This version;
        1: Dashboard update
        Version 1.1 2020.05.01
        This version;
        1: Correction order arrow colors