Red Folder EA

RED FOLDER EA - Stop Missing the Biggest Moves of the Week

Do you love trading high-impact news, but keep missing the big moves?

You know the feeling. NFP is about to drop. You're watching the chart, finger on the button. The number hits, price explodes 40 pips in seconds... and by the time you've clicked, it's already gone. Or worse, you jump in late, right at the top, and watch it reverse into your stop.

Maybe you've tried pending orders above and below price before the release. Then the spike triggered BOTH sides, the slippage ate your account, and the spread blew out to 15 pips right when it mattered.

Maybe you've simply given up and you stay out of the market every time there's a red folder on the calendar, while the biggest moves of the week happen without you.

Red Folder EA was built to solve exactly that.


IT REACTS FASTER THAN ANY HUMAN CAN, WITH NONE OF THE PANIC

You can't watch nine markets, read the number and execute in under a second. Red Folder EA can.

Seconds before every release, it locks in the last clean price. The moment the news is out, it watches every symbol affected by that currency, and enters only when the move is real:
- Price has broken a volatility-adjusted distance from the pre-release price
- It has HELD beyond that level, not just spiked and snapped back
- The spread has returned to normal, so you're not paying 15 pips to get in
- The move hasn't run too far yet, so you're not buying the top

No hesitation. No fat fingers. No revenge trades.


TWO ENTRY MODES - TRADE THE NEWS YOUR WAY CONFIRMED BREAKOUT (default) Nothing is placed before the release. The EA waits for the number, confirms the breakout, checks the spread and only then enters at market. Fake spikes and whipsaws are filtered out before you ever take the trade. SMART STRADDLE Prefer to catch the move from the very first tick? Switch on straddle mode. Seconds before the release, the EA places a Buy Stop above and a Sell Stop below price. When one side fills, the other is cancelled instantly. If nothing triggers, both orders are removed automatically. Unlike basic straddle EAs, it: - Won't place orders while the spread is already blown out - Never leaves a one-sided order on the server - Attaches stop loss and take profit to the orders from the start - Cleans up every unfilled order after the release Run the straddle only on the pairs that move cleanest on NFP and FOMC (USDJPY, EURUSD and GBPUSD by default), and use the confirmed breakout everywhere else.


SUPPORTED SYMBOLS

Recommended:
1. USDJPY
2. EURGBP
3. EURUSD
4. XAUUSD (Gold)

Also supported:
5. GBPUSD
6. USDCHF
7. AUDUSD
8. NZDUSD
9. USDCAD

All nine are enabled by default. Trade all of them, or keep only the ones you want. Broker suffixes and prefixes (EURUSD.m, EURUSDpro, GOLD and similar) are detected automatically.

Gold has its own volatility setting. Every stop, target and trigger distance is automatically widened for XAUUSD, so gold trades get the room they need while your FX settings stay untouched.


NEVER CHECK THE CALENDAR AGAIN

Forget setting alarms for 2:30 AM and converting time zones in your head.

Red Folder EA reads the ForexFactory red-folder calendar automatically, with the MetaTrader 5 economic calendar as a backup. It knows when every high-impact release is coming and counts down to it on your chart:
- NFP, CPI, FOMC, ECB, BoE, BoJ, RBA, BoC, SNB, RBNZ and more
- Trade every red folder, or only the ones you choose (NFP, CPI, rate decisions, GDP...)
- Speeches, testimonies and press conferences are skipped automatically, because they don't produce a clean release spike
- Switch each currency on or off: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD

When news hits, the EA trades only the symbols that contain that currency. USD news moves USDJPY, EURUSD, gold and the other dollar pairs. EUR and GBP news moves EURGBP.


ANY CHART, ANY TIMEFRAME - THE EA MANAGES EVERYTHING

No timeframe to choose, no indicators to load, no charts to set up. Attach Red Folder EA to any chart, on any timeframe, and it does the rest. It reads live price ticks, measures volatility on its own, and pulls the weekly and daily levels automatically. One chart runs all nine symbols.


PROTECTION BUILT FOR VOLATILE MARKETS

News is where accounts get hurt. Every trade is protected from the moment it opens:
- Risk a fixed percentage of your balance per trade, or use fixed lots
- A hard stop loss and take profit on every position
- Automatic break-even once the trade moves in your favour
- A maximum hold time, so news trades never turn into week-long hostages
- Limits on trades per release and on total open positions
- An optional filter that avoids breakouts running straight into a weekly or daily high or low


FINALLY GET AN ANSWER TO "DO NEWS SPIKES REALLY BOUNCE OFF KEY LEVELS?"

You've heard it on every trading forum: "News always reverses at the weekly and daily highs and lows." Is it true?

Red Folder EA tests it for you on your own broker's live data. After every release, it tracks the previous week's and previous day's highs and lows, and runs two simulated strategies alongside the live engine: fading the level, and trading the breakout retest. Every result is scored in R and saved to a CSV file. These simulations never place real orders. They give you hard evidence instead of opinions.


SEE EVERYTHING AT A GLANCE

A clean, modern dashboard keeps you informed without watching the screen:
- The next release, with a live countdown to the second
- Which symbols will be traded
- The EA's current state: Waiting, Armed or Live
- Weekly and daily levels for the current symbol
- Your live results and simulation results
- The upcoming red-folder schedule

Every planned, simulated and live trade is drawn on the chart with its entry, stop loss and take profit, so you can review exactly what happened on every release, even the ones you slept through.


GETTING STARTED TAKES TWO MINUTES
1. Tools > Options > Expert Advisors > tick "Allow WebRequest" and add: https://nfs.faireconomy.media
2. Attach Red Folder EA to any chart, on any timeframe.
3. Keep MetaTrader running through release times. A VPS near your broker is strongly recommended.

That's it. The next time there's a red folder on the calendar, you won't be waiting at the screen.


RECOMMENDED
- ECN / raw-spread account with fast execution
- Low-latency VPS
- Start at 0.5% risk per trade or less


A NOTE ON BACKTESTING

News trading is one of the hardest strategies to backtest accurately, and we believe you should know that upfront.

The Strategy Tester fills orders instantly at the exact price, with no slippage, no execution delay, and spreads that are often far calmer than they really are in the seconds after a release. Real news trading includes all of these. That means backtest results will usually look better than live trading.

Use the backtest to see how the EA behaves: how it waits for the release, confirms the breakout, and manages each trade. Don't treat it as a forecast of live performance. For the most realistic test, run the EA on a demo account through a few live releases.

Backtests run out of the box using a built-in US Nonfarm Payrolls schedule. Live trading uses the full ForexFactory / MT5 red-folder calendar. For the closest results, backtest on M1 or M5 with "Every tick based on real ticks".
RISK DISCLOSURE - News trading involves high volatility, slippage and widened spreads. No EA can guarantee profits, and past results do not guarantee future performance. Trade only with capital you can afford to lose.
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Experts
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