ArgosWatch Prop News and Volatility Guard MT5
- Indicadores
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Antonios Kokkalis
Trader and systems developer 12 years on MT4 MT5, and NinjaTrader 8.
▸ See my published work: "Smart Session Breakout MT4" in CodeBase — a non-repainting
Asian range breakout indicator with an ATR body-quality filter, on-chart dashboard - Versão: 1.10
- Atualizado: 14 agosto 2026
- Ativações: 5
ArgosWatch Prop News & Volatility Guard MT5 — Institutional News & Spread Restriction Monitor
Many prop trading firms enforce a High-Impact News Trading Restriction: no opening or closing trades within a set window (commonly 2 minutes) before or after red-folder news events (NFP, CPI, FOMC, Rate Decisions). The exact rule and window length vary by firm — always verify against your firm's rulebook and configure the inputs accordingly.
ArgosWatch Prop News & Volatility Guard is engineered specifically for prop challenge traders. It connects directly to MetaTrader 5's native Economic Calendar to track high-impact events in real time, display live countdown banners on your chart, detect sudden spread widening spikes, and monitor your entire watchlist across Asia, Europe, and America sessions.
Key Features:
- Native MT5 Calendar Integration: Reads directly from MetaTrader 5's built-in calendar feed. Zero external DLLs, zero WebRequest authorizations, and zero third-party web scraping required.
- Live Red-Folder Countdown Banner: Real-time countdown on your chart showing exact time remaining until the next high-impact release (e.g. NEXT: CPI USD in 00:12:45).
- Prop Restricted Window Alert: When price enters your firm's restricted window (default: 2 minutes before to 2 minutes after), the dashboard shifts into high-visibility warning mode (NO-TRADE WINDOW ACTIVE).
- Live Spread Widening Confirmation: High-impact releases trigger sudden spread explosions. Built-in rolling EMA spread monitoring alerts you when spread exceeds normal market averages.
- Multi-Symbol Currency Watchlist Table: Monitors all major pairs (EURUSD, GBPUSD, USDJPY, XAUUSD, etc.) simultaneously in a neat grid, giving you instant SAFE vs NO-TRADE status for your entire portfolio.
- Session & Region Filtering: One-click toggle buttons to filter events by Asia (JPY, AUD, NZD), Europe (EUR, GBP, CHF), and America (USD, CAD) sessions.
- Event Info & Forecast Viewer: Click the built-in DETAILS button to inspect Previous vs Forecast release data and concise macroeconomic explanations.
- Emergency Pause Function: Temporarily pause alerts during discretionary trading sessions (default 45 min, configurable) with auto-resume — never stays silently disabled.
Part of the ArgosWatch Prop Suite:
Pair this tool with our sister prop firm guardians for 360-degree account protection:
- ArgosWatch Prop Challenge Guardian MT5: Real-time daily drawdown, overall drawdown breach protection, and lot size matrix.
- ArgosWatch Prop Consistency Guard MT5: Profit consistency rule tracking (Best Day / Best Trade % cap) and currency exposure guard.
Input Settings:
- Look Ahead Hours: Number of hours ahead to scan calendar events (default: 24h).
- Minimum Importance: Choose the minimum calendar importance to track — None, Low, Moderate, or High (Red Folder).
- No-Trade Window Before/After (Min): Set exact minutes required by your prop firm rules (default: 2 min).
- Watched Symbols: Comma-separated list of symbols for the multi-currency monitor table.
- Confirm With Live Spread: Enable/Disable spread widening multiplier alert.
- Alerts: On-screen popups, sound notifications, mobile Push alerts, and Email alerts.
Note: Requires the terminal's built-in Calendar to have data enabled for your broker/server (check Toolbox > Calendar tab). Covers scheduled economic calendar releases only — it cannot detect breaking/unscheduled news (surprise statements, geopolitical events). For informational and compliance monitoring purposes only. No trades are automatically executed.
