News Filter based EA Controller

1.5

The News Filter based EA Controller (NFC) is a very convenient utility to control the live trading status of your Expert Advisors during important news events. The NFC was programmed to prevent all Expert Advisors of live trading during significant news events. The NFC is resource-efficient and uses the Forex Factory Calendar. It is not necessary to set offset hours dependent on your broker, it will be done by the NFC.

The NFC was successfully used and tested under MetaTrader 4 on a personal computer with Microsoft Windows as operating system. It cannot be guaranteed, that it will work on other systems. Nevertheless I'm interested in removing all limitations existing on other operating systems. Set the NFC to any Chart with any Time Frame and allow Live Trading. The Controller will check after a specified time if it is necessary to prevent EAs of live trading or not. Please note, that during the news event period no new trades can be opened and no current trades can be closed by other Expert Advisors.


How does the NFC work in detail?

Due to the fact that the usage of DLLs in the MQL Market is not allowed, you can not enable or disable the interior Live Trading Condition of the MetaTrader. To overcome this issue, the NFC works as follows during important news events. A specific time before a significant news event the NFC saves the Properties and Templates of all Charts (including all settings of the Expert Advisors and Indicators) and closes all Charts except the Chart with the NFC. After the news event is over it opens the saved Charts and applies the saved Templates to these Charts. Thereby, the templates will be saved in the templates folder and the settings of the Charts will be saved within a csv file in the MQL4/Files folder of the current MT4 Client.


Steps for correct Implementation

  1. Add the following Link to the allowed WebRequests in the MetaTrader 4 and enable this option: "http://nfs.faireconomy.media/ff_calendar_thisweek.xml"
  2. Add the NFC to any Chart with any Time Frame and enable the Live Trading option

Be careful with NFC settings which close trades and orders, as new trades or orders can be opened by other Expert Advisors during the process when the NFC disables live trading! For correct operation you have to enable the Live Trading option for the NFC. Otherwise Expert Advisors will be applied by the templates without Live Trading option! Before using the NFC with your major MT4 Client, test the NFC and its settings with a trial MT4 Client. Further, please make a backup of the profile with your individual settings before using NFC, as errors and bugs of MetaTrader can damage the current profile. Even though it never happened to me, a backup can save you a lot of troubles!


Settings and Parameters

News Filter Settings

  • Enable NFC Operation
  • Update Interval for News
  • Disable EAs only if all Trades and Orders are closed
  • Enable EAs after News (in Minutes)
  • Disable EAs before News (in Minutes)
  • Minimum Impact of News

Session Settings

  • Session Number
  • Load previously saved Session (false: Delete old Session)

Order and Trade Settings

  • Close pending Orders
  • Close active Trades
  • Close only Trades in Profit
  • Close only Trades in Loss

Currency Settings

  • Use Filter for all News
  • Use Filter for EUR News
  • Use Filter for USD News
  • Use Filter for GBP News
  • Use Filter for JPY News
  • Use Filter for NZD News
  • Use Filter for AUD News
  • Use Filter for CHF News
  • Use Filter for CAD News
  • Use Filter for CNY News

Other Settings

  • Consider all Magic Numbers
  • Magic Number
  • Consider all Symbols (false: Consider Symbol of current Chart)
  • Maximum Attempts to close and delete Orders
  • Maximum Slippage in Pips to close Trades
  • URL for News


Responsibility

The Developer is not responsible for any loss, damage and missed profit caused by this product.

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TP Splitter Pro MT4 TP Splitter Pro MT4 is an advanced Expert Advisor (EA) designed to optimize your take-profit strategy by automatically placing copy trades with multiple TP levels. It ensures a structured exit plan while maximizing profits and managing risk efficiently. Unlike standard trade copiers, TP Splitter Pro MT4 only executes copy orders when the entry price is more favorable than the master order. It places sell orders at a higher price and buy orders at a lower price. With built-in
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
Grid Manual è un pannello di trading per lavorare con una griglia di ordini. L'utilità è universale, ha impostazioni flessibili e un'interfaccia intuitiva. Funziona con una griglia di ordini non solo nella direzione delle perdite, ma anche nella direzione dell'aumento dei profitti. Il trader non ha bisogno di creare e mantenere una griglia di ordini, lo farà l'utilità. È sufficiente aprire un ordine e il manuale di Grid creerà automaticamente una griglia di ordini per esso e lo accompagnerà fino
EAs Manager MT4
Abdeljalil El Kedmiri
The  MT4  EAs Manager   is a professional risk management and trade assistance tool designed to monitor, control, and optimize all trading activities on your MT5 account. It acts as a   central command center   that oversees every trade - whether opened by other Expert Advisors or manually by you. How it's work with other EAs :   Blog post  MT5 version :  https://www.mql5.com/en/market/product/166211 Only 10 copies will be sold at the early-bird price. After 10 copies, the price jumps directly t
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
If you need an advisor on any arrow indicator signals - this utility will definitely help you.  You will be able, with the help of this utility to form an unlimited number of EAs on YOUR signals , with your set of settings, with your copyright and complete source code . You will be able to use the resulting EAs unlimitedly , including adding them to the Market and other resources. Free simple version of the generation script to help you understand how it works - here What does the utility do? 
Take a Break
Eric Emmrich
5 (31)
News filter, equity guard & session control for all your EAs — one tool, full protection Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individual built-in filters that may o
Edge Zone EA
FXsolutions
5 (1)
With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
MultiOrder Assistent V3.0   - Your professional trading assistant for MetaTrader 4 The  MultiOrder Manager  is a powerful trading tool designed to optimize your trading while managing risk efficiently. With intuitive features and a user-friendly interface, this Tool is ideal for traders who want to manage multiple orders simultaneously without losing track.   Symbols: FX pairs, gold and cryptocurrencies Here you get a detailed description of the parameters and functions Manual     Features and
News Filter EA MT4
Rashed Samir
5 (9)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Copy Master mt4
Evgenii Aksenov
5 (5)
Questa utility ti permetterà di copiare qualsiasi transazione da un terminale con L'impostazione Master ad altri terminali con L'impostazione Slave Allo stesso tempo, puoi scegliere quali coppie copiare, impostare la dimensione dell'ordine copiato su più parametri. Impostare il limite di perdita di prelievo o copiare solo le operazioni redditizie È possibile copiare le transazioni da MT4 o MT5 a MT4 o MT5 di altri broker Ora non sarà difficile copiare i segnali di qualsiasi esperto che lavor
Altri dall’autore
The News Filter based EA Controller (NFC) is a very convenient utility to control the live trading status of your Expert Advisors during important news events. The NFC was programmed to prevent all Expert Advisors of live trading during significant news events. The NFC is resource-efficient and uses the Forex Factory Calendar. It is not necessary to set offset hours dependent on your broker, it will be done by the NFC. The NFC was successfully used and tested under MetaTrader 4 on a personal com
FREE
The Margin Level Notifier is a simple but a very useful and reliable Indicator which notifies you in case of a small Margin Level to avoid a sudden margin call and a risky high draw down. The Indicator does not trade, it is intended to monitors your account. Does the margin level of your drop under a preset minimal level, the Indicator sends immediately notifications per email, per push on your smartphone and per popup with audio alarm in your MetaTrader. The Indicator can be attached to any cha
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Koenraad Vanhaeren
3666
Koenraad Vanhaeren 2022.11.07 19:57 
 

It doesn't work properly and the author doesn't respond

dp35
824
dp35 2022.02.24 16:10 
 

Works well when it does work, but lost two ftmo accounts with this due it not working on a few different occasions.

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