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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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This utility will allow you to copy any trades from one terminal with the Master setting to other terminals with the Slave setting At the same time, you can choose which pairs to copy, set the size of the copied order by several parameters. Set the limit losses by DrawDown or copy only profitable trades You can copy deals from MT4/MT5 to MT4/MT5 other brokers Now it will not be difficult to copy the signals of any Expert Advisor working in MT4 to the MT5 terminal or back Use Copy Master to copy
Forex copier
Alexandr Bryzgalov
We offer simple and reliable software that can  copy trades  between any MT4 accounts. Easy to use MetaTrader copier which saves valuable time Reliable, so you are protected from technical issues Powerful, with a lot of features available Who can use this MT4 copier? Forex Copier is a solution for individual traders or account managers who need to execute trade signals from external sources or who need to  manage several MetaTrader 4 accounts  at the same time. We do not offer you “yet another
Zone Trader MT4
LEE SAMSON
5 (2)
Trade support and resistance or supply and demand zones automatically once you have identified the key areas you want to trade from. This EA allows you to draw buy and sell zones with a single click and then place them exactly where you expect price to turn. The EA then monitors those zones and will automatically take trades based on price action you specify for the zones. Once the initial trade is taken, the EA will then get out in profit at the opposite zone you place, which becomes the target
Trade copier MT4
Alfiya Fazylova
4.52 (29)
Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT4> MT4, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem
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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
FREE
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
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Koenraad Vanhaeren
3571
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.

Reply to review
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