Version 6.57
2024.01.11
- Fixed a bug in the News Filter that prevented backtesting later than 2024. The bug does not affect LIVE trading.
Version 6.56
2023.03.28
Bug fix release
Version 6.55
2023.03.23
Mandatory update
- Fixed problems with news filter and automatic GMT detection
- Added a new backup URL for the news filter and GMT detection: http://valerytools.com
Please allow web requests to it here: Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL
Version 6.28
2022.05.24
Optional update that you can safely skip
- Added a new parameter: Close Profitable Trades Start Time 23:XX - when to start automatically closing profitable trades before midnight;
- Minor bug fixes.
Version 6.24
2022.05.14
Fixed version display bug.
Version 6.23
2022.05.14
- Disable Built-in News Filter Settings - disables the built-in news filter settings, allowing you to fine-tune the news filter.
- Custom Events (separated by comma, disabled if empty) - custom rules allowing you to fine-tune the news filter.
Format: Key[-Currency pair],Key[-Currency pair],.........,Key[-Currency pair]
Key - currency of the news event or keyword in the news header. You can use multiple currencies without a separator, for example USDAUDGBP.
If you specify a keyword, letter case does not matter. For example FOMC.
[-Currency pair] - optional parameter specifying which currency pair the rule applies to. For example -EURUSD.
Example: USD,AUDGBP-GBPUSD-NZDUSD,CHFEUR-EURUSD,FOMC,Rate-AUDCAD
USD, - takes into account all news events for USD on all currency pairs
AUDGBP-GBPUSD-NZDUSD, - takes into account all news events for AUD and GBP on GBPUSD and NZDUSD currency pairs
CHFEUR-EURUSD, - takes into account all news events for CHF and EUR on EURUSD currency pair
FOMC, - takes into account news events with the word (or part of the word) FOMC in the header on all currency pairs
Rate-AUDCAD - takes into account news events with the word (or part of the word) Rate in the header on AUDCAD currency pair
Each rule must be separated by a comma. if 'Disable Built-in News Filter Settings'=false, then the custom rules are in addition to the built-in ones. The built-in settings are as follows:
USD,EUR-EURUSD,GBPEUR-GBPUSD-EURGBP,CAD-USDCAD,CHFEUR-USDCHF-EURCHF,JPYCHF-CHFJPY,JPYEUR-EURJPY,JPYAUD-AUDJPY,CADAUD-AUDCAD,CADEUR-EURCAD,AUDEUR-EURAUD
- Medium Impact News - enable/disable news events with medium impact (2 stars news).
- Low Impact News - enable/disable news events with low impact (1 star news).
- Speaks - if false, then the EA will not take into account news events marked as Speeches/Speaks.
- News List Refresh Rate - news events list update frequency (selection from the drop-down list).
- Symbol Suffix - here you can specify a symbol suffix if your broker uses one.
- Placing Orders During Rollover Time - enable/disable placing pending orders during rollover time.
- Friday Half Lots - halving trading lots on Friday evening.
- Handle Max Drawdown Events on Every Tick - enable/disable drawdown event handling on every tick (instead of once a minute that is used by default, it may consume more CPU resources).
- Max Daily Drawdown Limit % FTMO Rules in Money [0-disabled] - maximum daily drawdown limit in MONEY, calculated according to the FTMO rules. Non-trading operations (like withdrawals) during the day are not taken into account.
- Max Daily Drawdown Reset Hour FTMO Rules (Broker time) - hour to reset the max. drawdown with the prop firm.
- Min Profit To Close Trade Before Midnight, in pips [0-disabled] - automatically closes profitable trades before midnight if the specified profit is reached.
- Hide TakeProfit - on/off TakeProfit hiding.
- Max Open Lots - here you can put a value limiting the total lots that can be opened by the EA on all currency pairs.
- Minutes to Stop Trading - minutes to stop trading.
- Block Trading for the Entire Day - prohibits opening new trades throughout the day if HV hits the specified level just once at any moment during the day.
- Show Stats - show a panel with some statistics.
Version 5.52
2022.02.16
- 'HourToStopPlacingOrders' now works correctly if it's not equal to 0.
- The value of historical volatility (HV) is displayed on the information panel if 'StockMarketCrashFilter' is enabled.
- Several small improvements that do not affect performance.
Version 5.46
2022.02.15
Fixed problems with access https://ec.forexprostools.com
Please allow web requests to both URLs:
https://ec.forexprostools.com
http://ec.forexprostools.com
Version 5.45
2022.02.11
Added new parameters and features
'Use Even LotSize' - trading only with even lots to reduce commissions.
'Minutes To Start/Stop Placing Orders' - allows you to fine-tune the trading interval.
*'Minutes To Start Placing Orders' must be multiples of 5 (0, 5, 10, 15...50, 55)
'Rollover Start Time 23:XX' - rollover start minutes.
'Rollover End Time 00:XX' - rollover end minutes.
'Remove TakeProfit During Rollover' - removes TP for all orders at the specified rollover time. This option helps to avoid closing trades via TP during bad trading conditions, since slippage can turn a profitable trade into a losing one.
'Increase StopLoss During Rollover' - increases SL for all orders at the specified rollover time. This option helps to avoid activating SL due to spread widening during bad trading conditions (which may lead to a big loss).
'StopLoss, in % ATR' - volatility based stop loss expressed as a percentage of the Average True Range indicator.
'Check for Instances of the EA' - checks that only one instance of the EA is running at a time. If EA detects other instances with the same UID, trading will be disabled.
'Trade on Monday/Tuesday/Wednesday/Thursday/Friday - enable/disable trading on Monday/Tuesday/Wednesday/Thursday/Friday'
'Disable Trading on Holidays' - enable/disable trading on bank holidays according to the real-time Economic Calendar (https://www.investing.com). This filter is currency-specific. For example, with it EA won't take trades on USD pairs during bank holidays in the USA. It also works in Strategy Tester.
Stock Market Crash Filter settings:
'Stock Market Crash Filter Enabled' - enable/disable the stock market crash filter.
'Stock Market Symbol' - symbol name of the S&P500 stock index of your broker. It is usually called something like US500 or SPX500 (press Ctrl+U to see all symbols).
'Filter Period' - period of the stock market crash filter.
'Max Historical Volatility (HV)' - max. annualized standard deviation of H1 returns (HV in %).
Added support of EURGBP, EURJPY and AUDJPY.
'Adjust TP Price?' - if false, TP of child orders will be placed at the same price (without a step). If true, then TP of child orders will be placed with the step specified by 'TP Price Step' parameter (positive or negative).
'Adjust Order Price?' - if false, all child orders will be placed at the same price (without a step). If true, then the entry price of child orders will be placed with the step specified by 'Order Price Step' parameter (positive or negative).
'Font Size' - reduce this value if you're having trouble with the info panel.
'Show News List' - displays a list of upcoming news events to the right of the info panel.
'Max Daily Drawdown Limit % FTMO Rules' - maximum daily drawdown limit, calculated according to the FTMO rules. Non-trading operations (like withdrawals) during the day are not taken into account.
Version 4.96
2021.10.21
Optional update that you can safely skip
Added a new parameter: Minimum Price Range - minimum distance between pending buy and sell orders expressed in %ATR.
The option can significantly improve performance (Profit Factor, Expected Payoff), but reduces the number of trades.
Recommended value - 0...20
Minor bug fixes.
Version 4.89
2021.09.28
Optional update that you can safely skip
Added a new parameter: Randomize Order/TP/SL Levels - if enabled, the EA will randomly slightly change the entry/TP/SL levels. This option allows you to have unique entry/TP/SL values and can help improve execution.
Version 4.82
2021.09.07
Optional update
- Added new parameters:
Adjust TP Price - allows you to adjust take profit. In case of a positive/negative value, take profit will be increased/decreased by the specified number of pips;
Minimum Free Margin % - if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones.
- Several small improvements that do not affect performance.
Version 4.68
2021.08.25
Bug fix release
Version 4.66
2021.08.23
Recommended update
- Added new feature 'Max Spread for Pending Orders'. If the current spread exceeds the specified value, the EA will not place new pending orders and will cancel already placed ones.
- Added new parameter 'Adjust Order Price?' If 'false', all child orders will be placed at the same price (without step).
- Added new feature 'Max Floating Drawdown in Money'. If the floating drawdown in money exceeds the specified value, the EA will perform actions specified in the 'Max Drawdown Action' parameter.
- Added new parameter 'Max Drawdown Action' which allows specifying actions to be taken after the max. drawdown is reached (in money or %):
'Close trades & stop trading for 24h' - the EA will close all open trades and will not open new ones for 24 hours;
'Close trades & stop trading until restart' - the EA will close all open trades and will not open new ones until the EA/MT restarts;
'Prohibit opening new trades' - new trades will be prohibited as long as the floating drawdown is above a specified value;
'Prohibit opening new trades until restart' - new trades will be prohibited until the EA/MT restarts.
- Added new parameter 'Max Drawdown Calculation' allowing specify how the maximum drawdown is calculated:
'The account' - takes into account all positions opened on the account, including trades opened manually or by other EAs;
'This strategy' - takes into account only positions opened by this EA.
- Improved backtesting speed.
Version 4.35
2021.08.11
Major update
- Improved trading algorithm and volatility filters;
- Added new supported pairs: AUDCAD, EURCAD, EURAUD;
- News filter works correctly with unsupported currency pairs;
- Improvements to the Swap Filter: it can be applied to all days of the week; the triple swap day is detected automatically;
- Added a new item to the info panel: Maximum risk. It allows you to estimate the maximum risk in the worst case scenario (when the price simultaneously hits SL for all selected pairs).
- Added a new feature 'Split Orders' helping to fill large orders with less slippage. It allows splitting a large parent pending order into a specified number of child orders (up to 10 child orders). The child orders are placed with a small step of 0.1pips. You can use 'Adjust Order Price' parameter to specify a custom step.
Version 3.56
2021.07.21
Recommended update
- Added backup URL for automatic GMT detection: http:/ / timesrv.online (delete spaces!)
- Added new parameter: 'Disable Automatic GMT Detection'. Set it to 'true' to disable automatic GMT detection. You can use the GMT Test/Manual' and 'DST Test/Manual' parameters to manually set the GMT offset in live trading.
- Added option to use News Filter in the Strategy Tester. To apply the option you should download the news events data file 'NewsEvents.txt' and copy it to the common MT4/5 directory - '\Common\Files' (File -> Open Data Folder -> Up to ‘Terminal’ -> Common -> Files). The data file can be found in the Comments section.
Version 3.45
2021.07.05
Recommended update
- Improvements to the 'Swap Filter' that increase performance (the number of trades).
- Added a new supported pair: CHFJPY.
- Added a new feature 'Adjust Order Price' allowing to adjust the open price of pending orders. This parameter can help to improve order execution on big accounts.
Version 3.33
2021.06.21
Recommended update
- A new 'Maximum Net Number of Currencies' parameter is introduced, allowing to limit the number of open trades with the same currencies (not symbols/currency pairs) in the same direction. The parameter does not lead to performance improvements on tests, still, it limits risks, so it is recommended to be used with a value of 2 when more than 3 pairs are traded at a time.
For example, we set 'Maximum Net Number of Currencies'=2 and got 3 position open:
long EURUSD
long GBPUSD
short EURCHF
Net number of open positions with the same currencies:
EUR = 0 (long EURUSD + short EURCHF)
USD = -2 (long EURUSD + long GBPUSD)
GBP = 1 (long GBPUSD)
CHF = 1 (short EURCHF)
As you can see, USD has reached the max. limit (-2), so any orders that can lead to a new short USD trade (for example, short USDCHF) will be canceled and prohibited.
- Improvements to parameter 'Maximum Symbols at a time'. It is now handled on every tick, if necessary.
However, the EA enters a trade with pending orders, so the maximum limit can be exceeded if many limit orders are simultaneously triggered/filled by a large price movements.
- Fixed some issues with logging.
- Several small improvements that do not affect performance.
Version 3.28
2021.06.16
- Changed default value of the parameter 'Lot-sizing Method' (from 'Low Risk Preset' to 'Fixed Lots');
- Minor bug fixes.
The system is stable. There are periods of stagnation, but this is not a problem. The main thing is to wait and the adviser comes out of drawdowns without any problems. Moreover, the seller posted a link to the real accounts on which his advisers work. The key is risk management. Do not go beyond reasonable risks. The market is unpredictable. Who has nowhere to put money, you can set aggressive parameters. Who does not know how to wait and do not know what a stable and small profit is, go to the casino and look for fortune there or learn how to trade yourself.