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News Trader Pro

News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes.

News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciting than ever. No waiting, no missing, no confusing anymore. Just setup for important news once a week, and this tool will trade all those news exactly as you planned.

Demo: Since this is not an auto-trading robot (it is semi-auto), you need to download a separate demo version at: https://www.mql5.com/en/market/product/5931

Reference: If you only need to load the news (without trade), you can check News Loader Pro at: https://www.mql5.com/en/market/product/5463


Features

  • Contains all the features of News Loader Pro (check it for details).
  • Builds your own strategy for each piece of news with very flexible parameters.
  • Supports five advanced strategies with a lot of control parameters (SL, TP, Trailing, Grid interval, Lot size scale, etc.).
  • Trade of each piece of news is operated independently and does not conflict with each other.
  • Uses advance technology to minimize the price slippage at news release.
  • Trades all news with all symbols/pairs with only one attached chart, no need to attach the robot to every chart.
  • Allows adjustment and cancellation of the trading plan after setup.
  • Special features: Anti widen spread and auto adjust SL/TP distance at news release.
  • Straightforward description and illustration inside the tool, so that even an amateur can understand the strategies.


News Trading

Clicking on any ahead news to setup the trading plan for it. The following strategies are supported:

1. Predict the news

This strategy is very simple, just predict the market move direction after news release, then set it to open Buy or Sell order before news release. This method can maximize the profit and avoid slippage because order is opened when market is still silent, but it also can whipsaw your account if you choose the wrong direction in big news. This is for one who likes to take risk.

2. Pending trap

This is typical strategy that places two opposite pending stop orders before news release to catch the breakout. Regardless of direction of the price move, we expect a large jump and it will trigger one of the pending orders. In some rare cases, some traders may want to use limit orders instead of stop ones, to catch the reversion of a price move. In this strategy, setting a reasonable SL, TP and trailing SL is critical.

3. Grid pending trap

Similar to pending trap strategy, but grid pending trap strategy sets a series of pending orders (like a grid). This strategy catches the price move in smaller parts and sums them up in the final result.

4. Martingale pending trap

Also known as "Never lose again" strategy, martingale strategy uses lot size increase to cover its previous losses (if any). This is great when combining with news, when the price usually has big move. However, do not set the initial lot size too large since if there are spikes on the news, your account will be margin called before price moves in one direction.

5. Based on actual report

This strategy waits until the actual report of the news is loaded, then compare it to forecast/previous data in order to decide the direction of the trade. This strategy is suitable for important news that impact the market in mid to long-term.


Common Parameters

  • Fixed pending: Pending orders will stand constantly, but may be triggered at the wrong moment by price's fluctuation before news release.
  • Floating pending: Pending orders will always keep a distance from the current Bid/Ask until news release, so they are usually triggered by news impact only.
  • At some parameters, setting value by zero (0) means not set (SL, TP, Trailing, Cancel time) or unlimited (martingale loop times).

Warning: News trading is risky. It depends a lot on your broker's order filling ability. This tool is not a fully automated robot. It only trades on your custom strategy. You take the responsibility for the trading result made by your own setup strategy.

Payam Zolfagharian
442
2017.03.15 22:17 
 

We would like to express our gratitude.

Jorge Llantoy Parra
130
2016.10.24 17:17 
 

I don't recommend this EA. According to the author, it need about 1-2 minutes for the EA to update the news result. And, you must manually refresh some news

Fallet Willy
1267
2016.10.11 20:58 
 

je ne recommande pas cet EA

Valeri Simov
516
2015.06.15 11:50 
 

I can describe in few words: THE PEOPLE YOU CAN TRUST !!!!

This guy is amazing !! will always be here for you! always will help if something going wrong, always will answer all your inquiries

i am going to try this product just now .. so do not have anything to say yet .. but this company is so professional so you just can trust all of products they have !! 10 stars from me!

najemeddin
72
2015.06.07 13:52 
 

trading news is generally very risky...maybe this EA will work fine with certain brokers but for me I lost much more than I gained from this EA.

abdalla aldhuhoori
146
2015.05.22 07:52 
 

great EA

THANKS..

Marius Alin Druga
221
2015.04.18 16:01 
 

Great thing about this EA is that i rented it for one month and in 2 days i already make the money to buy it

Le Vu Nguyen
173
2015.03.02 04:20 
 

Great EA!

Traders can use it for News Trading and Daily Trading very well!

Hemang Kotadiya
223
2015.02.23 10:05 
 

its my life changing ea.

i make huge profit from this ea.

thanks.

you can also subscribe my signal by following signal

https://www.mql5.com/en/signals/91321

Ralph Holdermann
158
2015.01.28 15:29 
 

5 Stars from me for this great trading-tool...I´m glad to have it...the hidden SL during high-spread-situations is a clever solution.

osogunle
200
2014.12.30 16:35   

its a nice EA am satisfy with it and I will like to recommend to friends

Andrew Pepera
222
2014.11.11 20:47 
 

I have just purchased this EA and I am very happy with the author of this EA giving me prompt service. I must say that he is very understanding and will always be there for you 24 hours a day.

bullish15
488
2014.11.06 06:21 
 

This is an amazing EA. It has multiple strategies out of the box for you to trade. And it is more than just a news trading EA. You can set the time for it to trade X seconds before the news and virtually have it open and manage trades for you instantaneously.

It also gives you the option to close the opposite pending orders when one side of the stop/limit order becomes a market order or you can set it to keep the opposite pending orders there, or you can have it close the pending order based on X amount of time ellapse. A lot of features for you to utilize and trade effectively.

I absolutely love this EA and I will highly recommend it to anyone... and for those who think this is just a news EA, its more than that. I just used it to scalp few pips on my live account while testing it, and it worked like a charm.

And I'm one of those people who hate leaving reviews, unless I've had a bad experience and want to leave a warning review for others. But this is the second or third time in my history that I've been so pleased that I took the time to leave a positive and a very happy review.

The author of the EA is very helpful too, I had questions and sent him messages and he promptly responded... when my questions got a little detailed oriented, he was reachable on skype to chat and he answered all my questions and helped me understand all the features of this EA.

Version 2.2 - 2016.06.22
- Fixed: Different news with same name show same actual data.
Version 2.1 - 2016.06.13
- Improved: OnChartEvent() function is adaptable with MT4 version 4.00 build 971 (7 Jun 2016).
Version 2.0 - 2016.06.08
- Improved: Better reading news feed data.
Version 1.99 - 2016.05.20
- Improved: Better reading data from ForexFactory.
Version 1.98 - 2016.05.12
- Fixed: Correct actual data feed.
Version 1.97 - 2016.04.04
- Improved: Auto-recognize GMT and Server timezone.
Version 1.96 - 2015.06.10
- Fixed: Error when setting trade symbol as NULL.
Version 1.95 - 2015.04.29
- Improved: Increased start-up speed.
Version 1.94 - 2015.03.27
- Fixed: Unexpected "array out of range" error.
- Fixed: Agressive alert informing AutoTrading feature.
Version 1.93 - 2015.03.17
- Fixed: Minor bug about "out of array".
Version 1.92 - 2015.03.03
- Fixed: It was impossible to uncheck "Cancel opposite order .... if close in profit" checkbox.
Version 1.91 - 2015.02.03
- Fixed: Force to display all graphic objects to the front of the chart. They could be hidden at few low RAM computers with previous version.
Version 1.9 - 2015.01.23
- Fixed: Trading symbol recognition correction.
Version 1.8 - 2015.01.16
- Fixed: Expert Advisor's status message correction.
- Fixed: Eliminate potential zero divides.
Version 1.7 - 2014.11.26
- Fixed: Zero divide when file crashed (MT4 is shutdown suddenly) or untradeable pair exists in market watch.
Version 1.6 - 2014.10.29
- Added: Anti widen spread by hiddening the initial SL and cut SL at narrow spread only.
- Added: Auto adjust the SL and TP distance according to actual triggered EP.
- Added: Advanced trailing SL with trailing start point.
- Fixed: Duplicate setup with similar name's news
Version 1.5 - 2014.10.07
- Fixed: Typo bugs.
- Added: More news description details.
Version 1.4 - 2014.10.02
- Improved: Better news management.
Version 1.3 - 2014.09.30
- Fixed: Martingale strategy order's management.
- Fixed: Minor bugs.