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News Advisor MT4

This Expert Advisor is designed for news trading. This version is the free version for MT4. The amount of news to handle is limited to 5 news in USDPY (0.01 Lot).

Please find below the other versions of this expert (The Pro versions have not limitations) :

The main advantage of this expert is that it’s offering backtesting capabilities (something that is not found in most news expert advisors).

This ability gives you the opportunity to optimize and test the efficacity, the stability and robustness your news strategy for many years and on many currency pairs and stocks before taking a decision of investing real money.

You can find some backtests showing some examples of the performance of this expert over many years (see the screen shots and the comments section – Please note that long term backtesting is available only in the Pro version).

The operating principle of this robot is very simple! You just need to prepare a CSV File containing the list of the upcoming news you want to trade and adjust the expert parameters (Time, Money Management, Take Profit, Stop Loss, Trailing SL, Slippage…) and it’s done, the expert is going to automatically open pending orders before the news release.

The CSV File must be placed in this path:

C:\Users\...\MetaQuotes\Terminal\Common\Files

The CSV file containing the news for trading must respect the following structure (see the attached file in the comments section):

ReleaseDt;Currency;EventName

Where:

ReleaseDt: Date and time of the release of the news (YYYY.MM.DD HH:MM).

Currency: Currency affected by the news (USD, EUR, JPY, GBP, XAU…).

EventName: News event (GDP Growth Rate, Unemployment rate…).

In the comment section, you can find files containing the history of all news for most of currency pairs with different DST (GMT+2), the news files are downloaded from the “Mql5 Economic calendar”:

 You can also find some examples of CSV file to use for backtesting this Expert.

Please note that I will regularly upload updates the news files in the comment section so you can use them for live trading.  You can also use some free tools to perform this task:

The parameters of the “News Advisor” are fully described within the expert, but please pay attention to these notes about these parameters:

News Time Adjustment (minutes): This variable allows you to adjust the time of the news to the time of your broker - might be negative (the EA is using the time of your broker).

Max Slippage: Calculated in the time of triggering of the pending order.

Maximum Spread: Calculated in the time of sending the pending order.


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Marzena Maria Szmit
5 (12)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Tiger Trade Pro
Soraya Bahlekeh
5 (9)
Original price $269 —> 50% discount only $129 Live Results :   link in Bio Tiger Trade Pro - Your Key to Confident Trading! Tiger Trade Pro is a real and consistently profitable EA that uses the Scalp-Trend system and has a very favorable risk compared to other similar EAs. This EA offers both simple and advanced settings to match your trading style. Tailored Settings:  Whether you prefer simplicity or advanced controls, Tiger Trade Pro has you covered. Advanced options include: Trailing
FXMachine
Alexander Kozachuk
4.75 (12)
Statistics on a real account since 2020 Backtest for the last 13 years Low drawdown strategy Multi-currency algorithm Compatible with any broker Proven drawdown control system Trading on a real account since 2020 : Click Here Trading on USDCAD, EURGBP, GBPUSD, EURUSD: Click Here Trading on EURGBP: Click Here Trading on GBPUSD: Click Here Full backtests of the FXMachine EA are available for download here: Click Here About us: The development and support of FXMachine and our oth
Daytrade Pro Algo
Profalgo Limited
5 (6)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Position Trader EA
LEE SAMSON
4.67 (6)
Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
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The Magic Dice
Zakaria Rachid
4.44 (9)
The Magic Dice is an expert advisor that trades during large markets movements. It’s using pending orders. I’m sharing with you this expert in order to find the best broker for live trading because this expert need a broker with low spread and very fast execution. So, thank you in advance for giving me your feedbacks on this subject Please note that this expert is designed to be profitable only in low spread condition. In the default setting I’m using a spread filter of 3.0 just for passing the
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Hello, This indicator is a unique high reliability 7-in-1 multicurrency indicator comprising these sub-indicator’s: A Trend Power Crossover Indicator. A Percent Change Crossover Indicator. A Currency Overbought/Oversold Indicator. A Currency Deviation Indicator. A Currency Impulse Signal Indicator. A Trend Power Indicator. A Currency Volatility Indicator. The main advantage of this indicator is that it's reasoning by currency and not by currency pair. The values of each sub-indicator are calcula
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This Expert Advisor is designed for news trading. This version is the free version for MT5. The amount of news to handle is limited to 5 news in USDPY (0.01 Lot). Please find below the other versions of this expert (The Pro versions have not limitations) : News Advisor MT5 Pro. News Advisor MT4 Pro. News Advisor MT4 Free. The main advantage of this expert is that it’s offering backtesting capabilities (something that is not found in most news expert advisors). This ability gives you the opportun
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Hello, This indicator is a unique high reliability 7-in-1 multicurrency indicator comprising these sub-indicator’s: A Trend Power Crossover Indicator. A Percent Change Crossover Indicator. A Currency Overbought/Oversold Indicator. A Currency Deviation Indicator. A Currency Impulse Signal Indicator. A Trend Power Indicator. A Currency Volatility Indicator. The main advantage of this indicator is that it's reasoning by currency and not by currency pair. The values of each sub-indicator are calcul
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This Expert Advisor is designed for news trading. This version is the professional version for MT4. The price of this version is going to be 50 USD for a limited number of copies. The Final price is 99 USD. Please find below the MT5 version of this expert: News Advisor MT5 Pro. The main advantage of this expert is that it’s offering backtesting capabilities (something that is not found in most news expert advisors). This ability gives you the opportunity to optimize and test the efficacity, the
This Expert Advisor is designed for news trading. This version is the professional version for MT5. The price of this version is going to be 50 USD for a limited number of copies. The Final price is 99 USD. Please find below the MT4 version of the expert: News Advisor MT4 Pro. The main advantage of this expert is that it’s offering backtesting capabilities (something that is not found in most news expert advisors). This ability gives you the opportunity to optimize and test the efficacity, the s
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