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News Filter based EA Controller

1.5

The News Filter based EA Controller (NFC) is a very convenient utility to control the live trading status of your Expert Advisors during important news events. The NFC was programmed to prevent all Expert Advisors of live trading during significant news events. The NFC is resource-efficient and uses the Forex Factory Calendar. It is not necessary to set offset hours dependent on your broker, it will be done by the NFC.

The NFC was successfully used and tested under MetaTrader 4 on a personal computer with Microsoft Windows as operating system. It cannot be guaranteed, that it will work on other systems. Nevertheless I'm interested in removing all limitations existing on other operating systems. Set the NFC to any Chart with any Time Frame and allow Live Trading. The Controller will check after a specified time if it is necessary to prevent EAs of live trading or not. Please note, that during the news event period no new trades can be opened and no current trades can be closed by other Expert Advisors.


How does the NFC work in detail?

Due to the fact that the usage of DLLs in the MQL Market is not allowed, you can not enable or disable the interior Live Trading Condition of the MetaTrader. To overcome this issue, the NFC works as follows during important news events. A specific time before a significant news event the NFC saves the Properties and Templates of all Charts (including all settings of the Expert Advisors and Indicators) and closes all Charts except the Chart with the NFC. After the news event is over it opens the saved Charts and applies the saved Templates to these Charts. Thereby, the templates will be saved in the templates folder and the settings of the Charts will be saved within a csv file in the MQL4/Files folder of the current MT4 Client.


Steps for correct Implementation

  1. Add the following Link to the allowed WebRequests in the MetaTrader 4 and enable this option: "http://nfs.faireconomy.media/ff_calendar_thisweek.xml"
  2. Add the NFC to any Chart with any Time Frame and enable the Live Trading option

Be careful with NFC settings which close trades and orders, as new trades or orders can be opened by other Expert Advisors during the process when the NFC disables live trading! For correct operation you have to enable the Live Trading option for the NFC. Otherwise Expert Advisors will be applied by the templates without Live Trading option! Before using the NFC with your major MT4 Client, test the NFC and its settings with a trial MT4 Client. Further, please make a backup of the profile with your individual settings before using NFC, as errors and bugs of MetaTrader can damage the current profile. Even though it never happened to me, a backup can save you a lot of troubles!


Settings and Parameters

News Filter Settings

  • Enable NFC Operation
  • Update Interval for News
  • Disable EAs only if all Trades and Orders are closed
  • Enable EAs after News (in Minutes)
  • Disable EAs before News (in Minutes)
  • Minimum Impact of News

Session Settings

  • Session Number
  • Load previously saved Session (false: Delete old Session)

Order and Trade Settings

  • Close pending Orders
  • Close active Trades
  • Close only Trades in Profit
  • Close only Trades in Loss

Currency Settings

  • Use Filter for all News
  • Use Filter for EUR News
  • Use Filter for USD News
  • Use Filter for GBP News
  • Use Filter for JPY News
  • Use Filter for NZD News
  • Use Filter for AUD News
  • Use Filter for CHF News
  • Use Filter for CAD News
  • Use Filter for CNY News

Other Settings

  • Consider all Magic Numbers
  • Magic Number
  • Consider all Symbols (false: Consider Symbol of current Chart)
  • Maximum Attempts to close and delete Orders
  • Maximum Slippage in Pips to close Trades
  • URL for News


Responsibility

The Developer is not responsible for any loss, damage and missed profit caused by this product.

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Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the Grid manual will automatically create a grid of orders for it and will accompany it until the close. Ful
PZ Custom Trader EA
PZ TRADING SLU
3 (2)
Would you like to automate your trading using a custom indicator of your choice? This EA trades using almost any custom indicator. It offers fully customizable settings, flexible position management, customizable trading sessions and weekdays, an inverse mode and a martingale mode. All the robot needs from you are two inputs: The filename of the indicator to trade The signal buffer or the buy/sell buffers to call That's it! The signal buffer or the buy/sell buffers should be provided by the dev
DrawDown Limiter MT4
Haidar, Lionel Haj Ali
5 (9)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that operates their entries and exits at the close of a candle and manage the risk using A
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The Margin Level Notifier is a simple but a very useful and reliable Indicator which notifies you in case of a small Margin Level to avoid a sudden margin call and a risky high draw down. The Indicator does not trade, it is intended to monitors your account. Does the margin level of your drop under a preset minimal level, the Indicator sends immediately notifications per email, per push on your smartphone and per popup with audio alarm in your MetaTrader. The Indicator can be attached to any cha
The News Filter based EA Controller (NFC) is a very convenient utility to control the live trading status of your Expert Advisors during important news events. The NFC was programmed to prevent all Expert Advisors of live trading during significant news events. The NFC is resource-efficient and uses the Forex Factory Calendar. It is not necessary to set offset hours dependent on your broker, it will be done by the NFC. The NFC was successfully used and tested under MetaTrader 4 on a personal com
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Koenraad Vanhaeren
3440
Koenraad Vanhaeren 2022.11.07 19:57 
 

It doesn't work properly and the author doesn't respond

dp35
824
dp35 2022.02.24 16:10 
 

Works well when it does work, but lost two ftmo accounts with this due it not working on a few different occasions.

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Version 1.3 2021.03.16
- Changed URL (new URL: http://nfs.faireconomy.media/ff_calendar_thisweek.xml)
- Added the possibility to customize the URL in the settings: URL for News
Version 1.2 2019.07.17
- Changed URL (new URL: http://cdn-nfs.faireconomy.media/ff_calendar_thisweek.xml)
- Fixed minor bugs
Version 1.1 2017.03.21
Bugs fixed:
- News could not be loaded
- Charts templates could not be saved and opened