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BF News Trader EA

BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, execution delay and slippage. However, if you want to try this type of trading free of charge, BF News Trader EA is the right tool for you.


BF News Trader EA features
  • Semi-automated and fully automated modes
  • Precise time filter
  • High spread detection filter
  • Single or multiple-cascade orders modes
  • Exit by a trailing stop, or back-tick detection
  • Multiple currency pairs support
  • Longs only and shorts only option

...If you are into news trading, News Trader EA is the best tool for you!


Instructions and recommendations

Recommended timeframe: M1

Supported currency pairs: EURUSD, GBPUSD, AUDUSD, USDCAD and USDJPY.

I have prepared set files for each supported pair. Since I cannot include them here i have uploaded them in the blog. Please check this post: https://www.mql5.com/en/blogs/post/736549

Please, make sure that you have loaded the set files for each individual currency pair!


IMPORTANT: Use “News Trader EA” only on well-known ECN brokers with good reputation. If you notice repeatedly unusual spread increase, too high slippage, or execution delay, you should not use News Trader EA on this broker anymore.


BF News Trader EA Settings


==== Risk Management ====

  • FixedLots - fixed trading volume (works if AutoMM=0).
  • AutoMM - values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).


==== General Settings ====

  • Slippage - maximal allowed slippage for position opening.
  • MaxSpread - maximal allowed spread for position opening.
  • MagicNumber - magic number - it is extremely important to keep this different for all robots.
  • StartTrail - value in pips. When trade's profit is equal to this value the EA set trailing stop.
  • TrailStop - value in pips. The trailing stop value.
  • EA_Coment - text which will be added as a comment to each trade opened by BF News Trader EA.


==== Pending Orders Settings ====

  • PlaceOrders_OnInit - true/false - whether to place or not pending orders during initialization of the EA.
  • ExitAll_OnDeinit - true/false - whether to close or not all orders during de-initialization of the EA.
  • ExitAll_OnInit - true/false - whether to close or not all orders during initialization of the EA.
  • CloseOnTradeHour - true/false - whether to close or not all orders before to place pending orders.
  • TradeDirection - possible values: -1 only short trades; +1 only long trades; 0 long and short trades;
  • AddDistance - the distance between the current price and the first pending order in pips.
  • AddStep - the distance between each pending orders in pips.
  • AddCount - the number of pending orders to be placed.
  • StopLoss - the stop loss value for pending orders. 0 - means not stop loss.
  • ExpireMinutes - the expiration time for pending orders in minutes.
  • DeleteAfterSeconds - placed pending orders will be deleted X second after the news release (X is value of DeleteAfterSeconds)
  • CloseOnReversePips - when there is a reverse X pips then the EA will close all active orders with the idea to protect the profit. (X is value of CloseOnReversePips)
  • .......

For more info, complete list of settings and .set files, visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend!


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Super Trade AI  ***** Super Trade AI ***** Before you buy all of my products please be aware of the risks involved: 1) Please do not over believe in backtesting result . No one can 100% predict the future . 2) The best setting is default, but you can find the best by yourself each special conditions 3) Sometimes a confliction of market can cause the account a short period of Drawdown , Please get ready for it and wait for profit. 4) Super Trade AI are dependent on good brokerage conditions, l
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Golden Lion EA
Golden Lion EA
Hanna Zharkova
1 copy left at $149. Next price $199. Golden Lion is a professional multi-currency trading Expert Advisor for intraday trading. The EA contains an advanced entry filter, each potential market entry point is carefully analyzed, false entry points are eliminated. Accuracy of inputs exceeds 80%. To extract the maximum profit, the algorithm of multi-stage profit fixing and a two-level trailing stop with a breakeven function were used. For additional security, the EA has built-in high spread pr
149 USD
Aura Gold EA
Aura Gold EA
Stanislav Tomilov
Price: $995 4 of 10 copies left at this price Next price $1395 Recommended broker:  ICMarkets.com Aura Gold EA  is a fully automated EA designed to trade GOLD only. It is based on machine learning cluster analysis and genetic algorithms. EA contains self-adaptive market algorithm, which uses price action patterns and standard trading indicators (CCI,ATR). Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid, scalp or he
995 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. The EA draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the rever
199.50 USD
Advanced Hedge MT4
Advanced Hedge MT4
Ho Tuan Thang
In one week, i will have two sales discounts for only $49. Please pay attention. ONLY 3 COPIES OUT OF 10 LEFT AT $149! After that, the price will be raised to $249. Advanced Hedge MT4 is an EA that work with hedge strategy.It can trade Crypto, Forex pairs, Metals, Indice but need your optimize. Fully automatic adviser, with a system for recovering from losses.  This EA not use anything indicator for entries. Just use math logical. The EA has been tested from 2019 to the present day in various ma
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NightVision EA
NightVision EA
Alexander Kalinkin
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC Marke
449 USD
ATS Advisor
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
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NightTradeEA
NightTradeEA
Mikhail Voropaev
- Супер акция: 10 копий по цене $199!!! (осталось 3 копий) - Следующая цена: $249 Очень важно!!!!! Для тестирования и работы советника обязательно загрузите файл с настройками для соответствующей валютной пары и установите самый первый параметр - время вашего брокера от GMT!!! NightTradeEA - полностью автоматический торговый советник. Основная стратегия советника - ночной скальпинг в период перехода от американской к азиатской сессии. Советник был успешно опробован на реальных торговых счетах на
199 USD
DragonScalper
DragonScalper
Gregory Hay
Lets be honest, would you buy EA with no track record with just a sketchy backtest curve fitted to data that fails miserably on live trading? No, nor would we, that's why DragonScalper Expert Advisor has over +1000% Annual Gain with only -20% Drawdown in LIVE Trading IC MARKETS LIVE account over 1 YEAR RUNNING. Live Account Trading performance: myfxbook.com/members/AlnoTrade/dragonscalper/6525642 Dragon backtests extensively well and runs live very well. The secret to success is using price act
299 USD
The Prism
The Prism
Yaroslav Tarasov
Promotional price. 2 copies left of 10.  Next price will be 300 usd The Prism is a multicurency EA that trading on 7 EUR pairs (EURCAD, EURJPY, EURCHF. EURGBP EURAUD, EURNZD, EURUSD)  The EA working with Crosspairs trend filter which provides stable and safe entries in market. The Prism have Unique multithreaded system which provides quality auto lot size adjust  Deposit size can be any, Only one limit is using ea from 100 USD. More deposit making more entries and lot size To setup
200 USD
EA Quantum Lab
EA Quantum Lab
Vitali Vasilenka
Anger conquers fear p.s Thomas Shelby  LAST 3 OUT OF 10 COPIES AT 149  Next price will be $249. Unique trading algorithm  The Expert Advisor is based on two main indicators Allows you to more accurately determine the points of entry into the market with minimal risk per trade    The Expert Advisor has a virtual order system that allows filtering false signals  Now all the best is collected in one  Recommended pairs for trading :   GBPUSD, NZDUSD, EURUSD, USDCAD, AUDUSD, USDCHF, USDJPY,
149 USD
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Version 1.2 2021.07.23
Some small changes.
Version 1.1 2021.04.15
I have made some improvements in the EA code. I have also fixed a small bug.