News Trade EA MT4

The EA leaves a lot to be desired for many reasons that I am going to highlight. It is complex to optimize and the sets that Konstantine provides are too generic and risky, you can easily lower the risk but you cannot backtest a news EA. Don't even think about entering his telegram, as soon as you register in it, you will be contacted by a fake konstantine who by chance is also Russian, and he will ask you for money in crypto for some improved sets, it is a trap This would not happen if Konstantine responded to everything publicly in the EA forum in MQL5, but he prefers to divert you to Telegram, where as soon as you register, the scammers enter you privately, seconds apart, with their name, logo, etc... The EA sets are very poor, they are hardly optimized. He has a lot of options that he doesn't use in his sets, and he uses too high risk. It seems that by not answering publicly in the product forum in MQL5 he wants to take you to Telegram, and it does not offer anything of interest there and it is a trap of Russian scammers. The EA may be good, but being a news EA it makes it almost impossible to optimize in backtesting and the sets, as I said, are extremely poor, with hardly any deep configuration on their part. The EA is old, it is not capable of getting the GMT time right, something that modern EAs do, they do not bother to update this aspect. He does not use the product forum to inform correctly, he always prefers to respond with a link from his blog or privately in internal messaging, it does not seem like fair play to me. You should answer publicly in the product forum. Because the doubt that a person solves is read later by other people. It makes no sense to sign up for your telegram, it's a scammer's trap. Being able to provide all the support in the product forum here in Mql5, it seems to be of special interest. Summarizing. Bad old GMT configuration that causes many doubts. Sets offered too generic. It does not offer public help in the product forum in MQL5, it redirects you to Telegram, what it does makes no sense. It makes no sense to provide support on Telegram knowing that the scammers are there, and that does not happen through MQL5. If you know that they scam there, why do you offer Telegram? I would like to see much more information in the forum when you are asked something about a topic and you answer it in the forum and not privately, and I would like to see much more elaborate sets, since the risk and DD I lower myself, but the configuration should give it better quality. And an EA with a bad Set is a bad EA. When I improve the sets, I improve the GMT programming (I wouldn't even have to ask for it) and when I really respond to everything on the product forum, then I will give it more than 1 star. I beg people to stay away from this product due to its poor support and poorly designed sets. Do not enter your telegram.

Отличный бот, брал мт5 сейчас для мт4 советую , 5+ от меня.

The seller is very available if there is a need to solve problems. I always use it to diversify my investments in addition to my main EA.

Just my 2 cents worth. In principle this is probably an excellent EA, but very dependent on which broker you use and even within Broker performance seems to vary quite significantly. I am running this on 2 FP real accounts - note Konstantin also uses FP Markets for monitoring. One FP account with GBP base currency experienced a horrendous drawdown of nearly 60% (!!) luckily the account did not go bust! while the other FP account with CHF currency had - so far - drawdown of only less than 10 % but has not been running that long. both accounts run on FPMarkets-Live2. I have now limited the number of open trades under the Grid mode to 2 (the 60% drawdown happened after the EA opened 3 trades with increasing lot sizes against the trend! )

I have also had good experiences running it on Axi real accounts.. (in that context I also ran it initially on a FP Demo account but that only worked for a few months then stopped)

Again, puzzling to see that with the same broker performance in different accounts with different base currencies can be so different. Also much lower drawdown there with Axi, maximum 11% so far for both accounts. I initially had the standard risk settings of 0.01 lot per 100 balance, but obviously after the horrendous drawdown reduced this to 0.01 lot per 150; AND (as mentioned before) reduced number of open positions to maximum 2. I am still concerned about the grid mode used. I subscribed to a previous version of the "joint work of 5 EAs" that Konstantin offered. That account went bust after opening 3 positions with increasing lot sizes against the trend even though I had "moderate risk" settings and allegedly such a drawdown of >99% should not happen.

I am only running Newstrade EA (and I would avoid "Grid Martin" as this was probably the culprit for the 99% drawdown of the "joint work of 5 EAs")

So I think Newstrade EA on its own probably good EA but risky.

Отличный советник, использую его уже почти пол года, много настроек, есть все что может понадобится. За 4 месяца на счете с моими настройками +75% от вложенного. Торгую с ним в полуавтоматическом режиме, но и в автоматическом он справляется. Рекомендую! (настройки не стандартные,свои)

我购买了作者好几个EA，非常好，在新闻前打开订单并很快获得利润！I bought several EA from the author, very good, signal time is long enough to be trustworthy。

Grid. No SL.

This was my second EA from Konstantin. It's very precise on entries and exits so the grid positions are rarely activated. If you manage your risks well, you will be very successful with this EA. Konstantin's support is outstanding. Thank you.

very good ea

been using this EA for almost a month. I'm using this as a complementary Expert, and very satisfied with the result. not so many trades, but stable.

Excellent product. Be aware may not work well with some brokers that restrict the placing of T/L and S/L to a certain distance from current price. For 99% of the brokers you will not be having that problem. I tested for a week now the EA and works well

top super Kostantin

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seldom but accurate, like published signal. I love this kind of EA. So far 100% accuracy. Thanks Konstantin

I have used all four of Konstantin's EAs for awhile now, with solid results on both MT4 and MT5. I expect News Trade will compliment the current set very well :) Thank you for your hard work, Konstantin.

Regardless of whether the work is good or not, the author is very attentive, So I believe I am willing to pay for the products he made.