Update 1.1

Fixed a bug in the calculation of "Multiplier_of_Min_minutes_pause" and "Multiplier_of_Min_pips_between_positions" parameters.
This update does not affect sets and profiles, the settings remain the same.

How to update in order not to reset the settings of Expert Advisors on open charts.
1) Save your current profile (tab "file" -> "profiles").
2) Switch to another profile (for example, the default profile).
3) Update the experts in the terminal (via the market).
4) Open your profile (saved in step 1).
This can be done even if you have open positions.

Update 1.2

Fixed a bug in the operation of parameters from the "consider other positions" block.
This update does not affect sets and profiles, the settings remain the same.

How to update in order not to reset the settings of Expert Advisors on open charts.
1) Save your current profile (tab "file" -> "profiles").
2) Switch to another profile (for example, the default profile).
3) Update the experts in the terminal (via the market).
4) Open your profile (saved in step 1).
This can be done even if you have open positions.

Hi Konstantin, I would like that EA trade before and during news speeches of high and medium importance. Are following EA settings correct to comply with this

Include speaks - true

Speacks high - false

Speacks Medium - false

Speackslow - true

Please advice

Hello,

IncludeSpeaks=true

SpeaksHigh=true

SpeaksMedium=true

Speackslow=false

Don't forget to adjust the seconds:

SecondBeforeSpeaks - the number of seconds before the release of the news-speech of the considered importance, when pending orders are placed;
SecondAfterSpeaks - the number of seconds after the release of the news-speech of the considered importance, when pending orders are deleted.

By the way, you can open orders even during the speech (and not just before).

I will give a couple of examples.

1) Open orders 1 minute (60 seconds) before the start of speech and delete orders 5 minutes (300 seconds) after the start of speech (if the price has not reached them):

SecondBeforeSpeaks=60;

SecondAfterSpeaks=300.

2) Open orders after 1minute (60 seconds) as the speech began and close 5 minutes (300 seconds) after the start of the speech (if the price has not reached them):

SecondBeforeSpeaks=-60;

SecondAfterSpeaks=300.

Trading on speeches is very different from trading on regular news (during speeches, the price is much more volatile and can move a greater distance), so for speeches, use separate settings on a separate chart (charts), and disable trading on regular news (IncludeHigh=false, IncludeMedium=false, IncludeLow=false).

In my opinion, when a speech happens, for the first minutes (from 1 to 5), it goes in one direction, and then it turns around and goes in the other direction. Speech goes on for 30 minutes and there can be strong movements in both directions.
This set comes to my mind:
Type_Orders = LIMIT;
offset_from_price = 10;
TakeProfit_Safety=5;
SecondBeforeSpeaks=0;
SecondAfterSpeaks=300.

Here you can come up with a lot and test your vision.

Hello Antonio,

I am using the default settings.

In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this: https://ec.forexprostools.com/

Attach the EA to the GBPUSD chart (only one chart) of any timeframe (the timeframe doesn't matter) to get the same result. If your terminal has currency pairs with a suffix, then write this suffix to the Symbol_suffix parameter in the EA settings.

This will be a repeat of my signal settings.

Can you send me a screenshot like this for me to check:

Update 1.3

Added the following.

1) Ability to avoid interest rate decision days.

InterestRateDecision_StopOpen - if true, then do not open any orders within the time ranges specified via the "SecondBeforeRate" and "SecondAfterRate" parameters.

SecondBeforeRate - the number of seconds before the release of the interest rate decision.

SecondAfterRate - the number of seconds after the release of the interest rate decision.

2) Ability to use a virtual trailing stop.

Trailing_Reall - if true, then a real trailing stop is used, if false, then a hidden trailing stop.

3) Ability to open orders every day at a specified time.

At_this_time_every_day - if true, then open orders every day at the time specified in "Add_Event" (hours:minutes:seconds).

This update does not affect sets and profiles, the settings remain the same.

How to update in order not to reset the settings of Expert Advisors on open charts.

1) Save your current profile (tab "file" -> "profiles").

2) Switch to another profile (for example, the default profile).

3) Update the experts in the terminal (via the market).

4) Open your profile (saved in step 1).

This can be done even if you have open positions.

If you want to use NewsTrade without the grid mode, and play with StopLoss and Trailing Stop, then set a maximum of one trade in settings EA:

Total_open_transactions=1

A separate signal for "News Trade EA" was removed by the broker, as they stopped supporting residents of some countries.

"News Trade EA" statistics can be tracked by the magic number (12345) on my general signals, for example: myfxbook.com/members/sixth_sense/final-gm-profile-for-5/5741125

Hello Konstantin,

At 0.01 / 300 lot size, what is your largest historical drawdown?

Hello  Reynor,

the default set is a mesh and potentially 100% with any risk. But 0.01 per 300 is a medium risk, you can even force close at a 30% drawdown, so far this is the maximum drawdown for these settings for me.

Hello my friend, thank you for making this ea.

Would you consider adding a simple breakeven function? With input to have SL go to Entry after (x) pips?

Also would you help me understand the TrailingStop input?

Trailing_Stop - trailing stop value (0 - disabled);  >>>> I don't understand what this means, and what I should input there. What is the difference if I put 1 in there, or perhaps if I put 3 in there?

Thank you!

Hi my friend,

This is probably what you think "Trailing_Step".

Trailing_Stop is the number of points from the price where the SL needs to be set.

Trailing_Step - and this is the minimum change step so as not to modify the SL every pip, I usually use 0.5 points (5 pips).