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  • Reviews (13)
  • Comments (23)
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News Catcher Pro MT5

5

EA has a live track record

Live performance (very high risk account)

6 copies out of 10 left at $899

Next price --> $999

Price will be kept high to lower the number of users for this system!

News Catcher Pro is a mean-reversion strategy that uses intraday seasonal volatility patterns caused by high-impact news events. It enters the market at a certain time shortly before a high-impact news event occurs. It does not trade frequently!

Supported currency pairs: GBPUSD, EURUSD, EURGBP

Recommended timeframe: M5

MT4 version can be found here

EA is FIFO compatible

The EA does not use martingale or grid, each trade protected by a stop loss!

To backtest the EA you should download the news events data file 'NewsEvents.txt' and copy it to the common MT4/5 directory - '\Common\Files' (File -> Open Data Folder -> Up to ‘Terminal’ -> Common -> Files). The data file can be found in the Comments section.

Features:

  • One Chart Setup: you only need one chart to trade all symbols
  • Multiple currency pairs support
  • Solid backtest and live performance
  • Advanced News Filter (can be used in Strategy Tester)
  • Auto GMT detection
  • Self Diagnostic System
Backtests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers

How to install

  • The EA must be attached to ONLY one M5 chart, EURUSD is recommended
  • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
  • Use recommended pairs only. You don't need .set files, all settings are stored internally in the EA
  • Please allow web requests to the following URLs for news filter and GMT detection (delete spaces!):

      1. https: //ec.forexprostools.com
      2. https: //www. worldtimeserver.com
      3. http: //timesrv.online
     

    Requirements

    • Hedging account!
    • The EA should run on a VPS continuously
    • Good ECN broker is preferable

    Setting

    • Allow Opening a new Trade - on/off opening new trades
    • Lot-sizing Method - select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the "Fixed lot" parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
    • Fixed Lot - fixed trading lot
    • Dynamic Lot - balance/equity to be used per 0.01 lot
    • Maximum Lot - max allowed trading lot
    • Maximum Spread, in pips - max allowed spread for position closing
    • Maximum Slippage for a non-ECN acc, in pips - max allowed slippage
    • Maximum Symbols at a time - max allowed number of symbols that can be opened at the same time
    • Maximum Net Number of Currencies - max allowed number of open trades with the same currencies (not symbols/currency pairs) in the same direction
    • Allow to Buy/Sell - on/off Buy/Sell trades
    • Allow Hedging - allow opening multi-directional trades on the same symbol
    • Minimum Free Margin % - if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones
    • Max Floating Drawdown % (in Money) - if current floating drawdown exceeds the specified % (value) the EA will close open positions
    • Max Drawdown Action - allows specifying actions to be taken after the max. drawdown is reached (in money or %)
    Strategy
    • Symbols separated by comma - list of pairs to trade. Suffix needs to be included if your broker uses one!
    • PCh Period - period of the price channel (PCh)
    • PCh Offset - offset for the PCh levels
    • ATR Period - period of the daily ATR indicator
    • Position Time Stop - max position holding time, in M5 bars
    • Hour to Stop Trading on Friday - hour to stop trading on Friday. All open positions will be closed at this hour
    • New Year Holiday Filter - on/off Christmas/New Year filter
    • TakeProfit / StopLoss, %ATR - volatility-based take profit / stop loss in %ATR
    • Hide StopLoss - on/off SL hiding
    • News Filter Enabled - on/off News Filter
    • Minutes Before/After Event - allow trading before/after the high-impact event
    Others
    • Trade Comment - comment
    • UID (0...9) - unique EA instance number. Usually no need to change it
    • ShowPanel -  on/off Info-panel
    • Disable Automatic GMT Detection - set it to 'true' to disable automatic GMT detection. You can use the GMT Test/Manual' and 'DST Test/Manual' parameters to manually set the GMT offset in live trading.
    • GMT/DST Test/Manual - GMT offset in winter and DST


    Reviews 13
    huiycwilliam
    161
    huiycwilliam 2022.04.21 09:57 
     

    I purchased this EA based on the real signal from Valeria, it is really a good EA and all the trade in my trading account exactly the same as the Valeria signal. Highly recommend this EA to anyone that need a safe and profitable EA.

    Carlos Rodrigo Gonzalez Gavilan
    199
    Carlos Rodrigo Gonzalez Gavilan 2022.04.05 15:24 
     

    Hi. Please add me to private group in telegram if you have one :)

    pdev
    76
    pdev 2022.04.05 02:49 
     

    The best EA I have come across so far. Few but very good quality trades.

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    HughesEA
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    Filter:
    huiycwilliam
    161
    huiycwilliam 2022.04.21 09:57 
     

    I purchased this EA based on the real signal from Valeria, it is really a good EA and all the trade in my trading account exactly the same as the Valeria signal. Highly recommend this EA to anyone that need a safe and profitable EA.

    Carlos Rodrigo Gonzalez Gavilan
    199
    Carlos Rodrigo Gonzalez Gavilan 2022.04.05 15:24 
     

    Hi. Please add me to private group in telegram if you have one :)

    Valeriia Mishchenko
    12637
    Reply from developer Valeriia Mishchenko 2022.04.07 10:29
    Hi! Of course, answered you in private. Please, write it to me in questions or in private messages. I do not look at reviews every day, so I may miss requests that you leave here
    pdev
    76
    pdev 2022.04.05 02:49 
     

    The best EA I have come across so far. Few but very good quality trades.

    Rosemiro Hoffmann
    184
    Rosemiro Hoffmann 2022.03.31 14:45 
     

    Very good product ! I really trust the EAs that Valeriia develops. In addition to being a robust product, the service for questions and additional configurations is perfect. Congratulations Valerie!

    hoblermathias
    451
    hoblermathias 2022.03.29 18:11 
     

    It's the third product i purchased from Valeriia. As all Ea's bevor it is well developed and had great support. After 2 Weeks of live Trading i have the exact same results as her live signal and just profit trades.

    琮hui qq2117721312
    470
    琮hui qq2117721312 2022.03.21 14:24 
     

    刚购买了ea,之后更新评论。

    andyangwei
    85
    andyangwei 2022.03.21 11:14 
     

    Hi Valeriia, Can you add me to your telegram group? Thanks!

    George Maxwell Sturgeon
    238
    George Maxwell Sturgeon 2022.03.20 20:12 
     

    This my third EA purchase from Valeriia and as always as in the past she provides a very well designed and reliable EA. She provides professional support and always tries her best to assist anyone.

    Kaziel
    86
    Kaziel 2022.03.16 18:43 
     

    Valeriia is fantastic! I have been following her various Ea's results for a long time - by far the best value, and most stable results! Her mature approach to trading concepts is very refreshing. So far the Ea has done very well. I have great faith in her work. I would highly recommend any of her Ea's!

    FX4EVERANDEVER
    133
    FX4EVERANDEVER 2022.03.15 18:00 
     

    Valerria Mishchenko does really great EAs and her support is really unbeatable. That's why I bought this EA right after its release and I'm sure it will be a great EA again. Thank you Valerria for your great work.

    220072256
    1891
    220072256 2022.03.15 16:35 
     

    This Ea is a purchase based on the trust and professionalism that Valeriia has shown As soon as this EA came out I bought it immediately because the author's seriousness deserves it.

    Abdelmaseh Adel Azez Abdelmaseh
    431
    Abdelmaseh Adel Azez Abdelmaseh 2022.03.15 04:56 
     

    Valeriia Mishchenko is one of the best, All her products are professional and safe for trading.

    Mooncloud
    471
    Mooncloud 2022.03.14 03:59 
     

    I trust this seller and her professional support, so I bought it. And hope this also can make profit. I will update review 1 month later.

    Reply to review
    Version 2.18 2022.03.27
    - 'Speaks' - if false, then the EA will not take into account news events marked as Speeches/Speaks.
    - 'News List Refresh Rate' - news events list update frequency (selection from the drop-down list).
    - 'Allow Additional Trades' - if true, then the EA is allowed to open/keep more than 1 trade simultaneously in the same direction.
    - 'StopLoss, in pips' - fixed SL in pips.
    - 'TakeProfit, in pips' - fixed TP in pips. It takes into account commissions and swaps.
    - 'Close in Profit if Open for X Minutes' - trade will be automatically closed if the floating profit and position holding time exceed the 'Minimum Profit to Close, in pips' and 'Minutes Since Trade Opened' respectively. 'Minimum Profit to Close, in pips' can be negative.
    - 'Enable TrailStop & BreakEven' - enable/disable trailing stop-loss or breakeven.
    - 'Trailing StopLoss, in pips' - trailing stop in pips.
    - 'Trailing StopLoss Start, in pips' - min. floating profit in pips to activate trailing stop-loss.
    - 'BreakEven, in pips' - min. floating profit in pips to activate breakeven.

    - Added transparent background for the News List.
    - TP now takes into account swaps and commissions.