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MyNewsTrader

MyNewsTrader is a powerful and fully automatic EA that trades during news times.

Due its heavy customization ability you can make it trade on your own your pre-defined strategy using market, stop or limit orders, advanced targets and different trail types.

It is designed to run as a 'set and forget' EA meaning you don't have to type in any event times to trade, but you can also use it as a manual trader with its on chart buttons.

There is built in event scanner that will look for string matches in the news title and only trade those events it has a match for.

Recommendations

  1. Choosing a good broker is critical because many brokers are widening the spread a lot during news times and that will make it a lot harder to profit during those times
  2. Use a VPS close to your broker for better fill prices and faster execution times
  3. FIFO restrictions? Change setting 'Order count per side' to 1

Signals

  • https://www.mql5.com/en/signals/151740

General settings

  • Order comments
  • Magicnumber - 0=autogenerate
  • Broker to GMT offset hours - important! example: -2 is when gmt is 2 hours behind brokertime
  • Maximum spread allowed - 0=any
  • Slippage - 0=any
  • Trade direction - choose trade directions
    • buy
    • sell
    • both
  • Order type - choose ordertype to use
    • marketorders
    • stoporders
    • limitorders
  • Ecn method - sl/tp is set after order becomes a market order
  • Stealth orders - hide sl/tp from broker, you can also use this if your broker has minstop limitations

News settings

  • Include High impact - include high impact news
  • Include Medium impact - include medium impact news
  • Include Low impact - include low impact news
  • Include USD news - include USD events even if the current symbol is non a non USD
  • TradeEventStr - search for stringmatches in event name to trade. example "FOMC, CPI, Retail Sales". leave empty to include all events
  • SkipEventStr - search for stringmatches in event name to not trade. example "speaks, Speaks, Conference" leave empty to disable this filter
  • Show newstime verticle lines - show vertical lines when news times are on chart
  • Open orders +/- seconds to newstime - create/open order this many seconds to (+) or before (-) news. example: -5 will create orders 5 seconds before newstime

Trade settings

  • Order counter per side - how many orders above and below price to create. only works if stop/limit orders are chosen
  • First order distance/entry - how many points from price to create first pending orders. or after how many points price have to move to enter marketorder.
  • Order to order distance - how many points between pending orders
  • Delete pending order after seconds - all pending orders will be deleted or it will not enter marketorder after this many seconds
  • Stoploss - 0=no stoploss
  • Takeprofit - 0=no takeprofit
  • First target - 0=disable first target. if disables Takeprofit is only target
  • First target partitial close percentage - close this pecentage of active lots when first target is hit
  • First target move to Breakeven - enable/disable move stoploss to breakeven if first target is hit
  • Trailing distance - trailstop distance (0=disable trailstop)
  • Trailing jump - trailstop jump/step (0=disable trailjump)
  • Trailing candle - enable/disable last candle trail mode
  • Trailing fractal - enable/disable fractal trail mode
  • Trailing fractal and psar - enable/disable psar mixed with fractal. only works if fractal tail mode is enabled
  • Trailing indicator timeframe - choose witch timeframe to get values from if candle/fractal/psar trail mode is enabled
  • Breakeven - move stoploss to breakeven after this many points (0=disable)
  • Breakeven jump - breakeven locks in this many points in profit (0=disable)

Money management

  • Lots method - choose lots calculation method
    • fixed_lots
    • margin_mm
    • risk_mm
  • Lots value - lots size or percentage depending on what Lots_method you have chosen

Tradetime settings

  • Daily start hour
  • Daily stop hour
  • Monday start hour
  • Friday stop hour - don't create orders after this hour
  • Friday close hour - close and delete all orders at this hour
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Live Signal available here:  https://www.mql5.com/en/signals/2223440   (high risk 7.5%) Cari Trader, Sono entusiasta di presentarvi il nostro nuovo consulente esperto rivoluzionario, "Trade Fusion" - una soluzione all'avanguardia destinata a trasformare il mondo del trading automatizzato. Trade Fusion è il risultato di mesi di ricerca intensiva, sviluppo e rigorosi test, che combinano la tecnologia all'avanguardia con le strategie di trading più sofisticate per offrire un'esperienza di trading
TopBottomEA
lizhi fu
4.78 (50)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Ai Hybrid Robot MT4
Mansour Babasafary
71% discount for the next 5 buyers (original price $9000): 1 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
Candle EA MT4
Mansour Babasafary
4.58 (38)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Bitcoin Scalp Pro
Profalgo Limited
5 (2)
Promo attuale: Solo 1 rimasto a 349$ Prezzo finale: 999$ Assicurati di dare un'occhiata al nostro "   pacchetto combinato Ultimate EA   " nel nostro   blog promozionale   !   NOVITÀ:   ora supporta anche Ethereum! Bitcoin Scalp Pro è un sistema di trading unico sul mercato.  È completamente focalizzato sullo sfruttamento della volatilità del mercato Bitcoin scambiando i breakout dei livelli di supporto e resistenza. L'attenzione dell'EA si trova sulla sicurezza, che si traduce in prelievi e
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Gold Excel
Gregory Hay
4.5 (4)
benvenuto a       GoldExcel EA   , trader giornaliero per la coppia di valute XAUUSD (oro). Sviluppato dal nostro team, può essere utilizzato per account regolari, account di oggetti di scena sponsorizzati e concorsi di oggetti di scena. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk
2 of 5 Units at 600 USD. Next price 900 USD This expert advisors search for perfect impulse setups. The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default parameters. Only the parameters re
Big Forex Players MT4
Marzena Maria Szmit
4.64 (22)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
SprutFx MT4
Salavat Yulamanov
5 (1)
Fai trading solo dai livelli di supporto e resistenza. I filtri vengono utilizzati sugli indicatori proprietari. È inclusa una griglia di ordini con chiusura parziale degli ordini!   Segnali                               https://www.mql5.com/ru/signals/1776144?source=Site +Profile+Seller   Coppie di valute: EURGBP, GBPUSD, EURUSD, USDCAD, EURCAD, utilizza il lotto minimo Per le coppie di valute di rollback, puoi utilizzare un lotto maggiore di AUDCAD, AUDNZD, NZDCAD. Tempi: M15 Impo
Altri dall’autore
Plotter is an indicator that was created during the ICT mentorship to make charting quick, easy and fun for everybody. Assign a function to any hotkey in indicator settings or use the default keys to perform smart actions that usually takes a lot of time to perform. Click on any bar, press OHLCMBVPOKJH to plot objects, color them with keys 0-9 or modify them with keys ERAZ and much much more. Indicator settings are described below. CHART SETTINGS gmt_offset auto -23 - 23 daylightsavings= set dst
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Versione 1.8 2019.11.15
Hardcoded news URL address is now soft coded and can be changed in settings.
Default URL changed to: "http://cdn-nfs.faireconomy.media/ff_calendar_thisweek.xml

Some Tips!
Set up your own strategy in settings.
Dont forget to set GMT
Dont forget to set NewsCurrencies (Default is USD). Multiple Symbols can be used. Example: USD,GBP,AUD
Dont forget to set OrderTimeOffset. Default is -60 seconds before news event.
Keep spread limit and slippage filter high or 0=off
On some red news spread and slippage can be high on various brokers.

Versione 1.6 2016.05.25
- recoded a lot of the code to work with less CPU and memory
- added new trailing options
- added ma trailing
- added close other side function
- new default settings