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News Advisor MT4 Pro

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:

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). You can also find some sets for this expert in the comment section, but I recommend you to not deal with this Expert as a magic solution and to develop your own news strategy based on your understanding of the best news to trade and their impact on the market. Indeed, this Expert is offering you many adjustable settings and you can use the strategy optimization tool of Metatrader to get the best setting for your strategy. 

I highly recommend you perform optimizations on many years (+5 years) to get stables and profitable strategies. By doing this, the out of sample results are generally profitable.

To make your Backtests and Optimization faster, you can use the “Control points” method.

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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Beidou Trend EA is a trend EA with a large profit-loss ratio.   Breakout trading is a very old method. It has been widely used since Livermore in the 1900s. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility. I have been using the breakout method to make profits on XAUUSD since the beginning of my investment career. I am familiar with this method. It is old, simple and effective. Beidou Trend EA is improved based on Rising Sun Go
AW Double Grids EA
AW Trading Software Limited
4.43 (7)
Advisor AW Double Grids MT4 - is an aggressive, fully automated grid advisor, with an information trading panel and simple setup. The strategy consists of simultaneous two-way work, multiplying the volume of one direction. Built-in automatic lot calculation, various variations of increasing the volume of positions, and other functions are implemented. Instructions ->  HERE  /  Problem solving ->  HERE  / MT5 version ->  HERE How the advisor trades: AW Double Grids conducts two-way trading with
AW Scalping Dynamics EA
AW Trading Software Limited
4.67 (12)
Fully automatic advanced trading robot that works based on trend reversals. If necessary, it is possible to use a grid strategy. Built-in 3 types of notifications and position locking when the maximum cart load is reached. The default settings are recommended for EURUSD on the M15 timeframe. Features and Benefits: Ability to work in two directions at the same time Built-in ability to work on time in several stages Uses a virtual StopLoss not visible to the broker Algorithm of work based on the
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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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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 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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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) : News Advisor MT4 Pro. News Advisor MT5 Pro. News Advisor MT5 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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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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