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BF News Trader EA

FREE

Published: 13 May 2020

Current version: 1.2

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Overview
Reviews (9)
Comments (68)
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BF News Trader EA

Name: BF News Trader EA
Rating: 4.25 (8 reviews)
Author: Lachezar Krastev

4.25

Experts
Lachezar Krastev
Version: 1.2
Updated: 23 July 2021

BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, execution delay and slippage. However, if you want to try this type of trading free of charge, BF News Trader EA is the right tool for you.

BF News Trader EA features

Semi-automated and fully automated modes
Precise time filter
High spread detection filter
Single or multiple-cascade orders modes
Exit by a trailing stop, or back-tick detection
Multiple currency pairs support
Longs only and shorts only option

...If you are into news trading, News Trader EA is the best tool for you!

If you wish to check a professional expert advisor for trading news please check News Scope EA PRO

Instructions and recommendations

Recommended timeframe: M1

Supported currency pairs: EURUSD, GBPUSD, AUDUSD, USDCAD and USDJPY.

I have prepared set files for each supported pair. Since I cannot include them here i have uploaded them in the blog. Please check this post: https://www.mql5.com/en/blogs/post/736549

Please, make sure that you have loaded the set files for each individual currency pair!

IMPORTANT: Use “News Trader EA” only on well-known ECN brokers with good reputation. If you notice repeatedly unusual spread increase, too high slippage, or execution delay, you should not use News Trader EA on this broker anymore.

BF News Trader EA Settings

==== Risk Management ====

FixedLots - fixed trading volume (works if AutoMM=0).
AutoMM - values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

Slippage - maximal allowed slippage for position opening.
MaxSpread - maximal allowed spread for position opening.
MagicNumber - magic number - it is extremely important to keep this different for all robots.
StartTrail - value in pips. When trade's profit is equal to this value the EA set trailing stop.
TrailStop - value in pips. The trailing stop value.
EA_Coment - text which will be added as a comment to each trade opened by BF News Trader EA.

==== Pending Orders Settings ====

PlaceOrders_OnInit - true/false - whether to place or not pending orders during initialization of the EA.
ExitAll_OnDeinit - true/false - whether to close or not all orders during de-initialization of the EA.
ExitAll_OnInit - true/false - whether to close or not all orders during initialization of the EA.
CloseOnTradeHour - true/false - whether to close or not all orders before to place pending orders.
TradeDirection - possible values: -1 only short trades; +1 only long trades; 0 long and short trades;
AddDistance - the distance between the current price and the first pending order in pips.
AddStep - the distance between each pending orders in pips.
AddCount - the number of pending orders to be placed.
StopLoss - the stop loss value for pending orders. 0 - means not stop loss.
ExpireMinutes - the expiration time for pending orders in minutes.
DeleteAfterSeconds - placed pending orders will be deleted X second after the news release (X is value of DeleteAfterSeconds)
CloseOnReversePips - when there is a reverse X pips then the EA will close all active orders with the idea to protect the profit. (X is value of CloseOnReversePips)
........

For more info, complete list of settings and .set files, visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend!

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2312

MattyTrading 2023.10.17 09:13 #

SIEMPRE me gustaron los robots de Noticias y este supera las espectativas .BUEN TRABAJO GRACIAS

794

NN 2023.07.07 18:47 #

This Programmer created a very easy to use EA for News Trading that is profitable. Thank you!

1120

yalewang 2023.06.11 15:35 #

i will test it next week .

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CHRISTMAS SALE! --> Buy GOLD Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (Regular Price: $397) - The offer ends soon! GOLD Scalper PRO Live Results: https://www.mql5.com/en/signals/2259548 GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for trading GOLD (XAUUSD) . I have used the most proven trading principle since the market exist – namely a position entry in t

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CHRISTMAS SALE! --> Buy News Scope EA PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $117 (Regular Price: $327) - The offer ends soon! For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effective and potentially highly profitable strategy for high impact news trading. Usua

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CHRISTMAS SALE! --> Buy Infinity Trader EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (Regular Price: $497) - The offer ends soon! Infinity Trader EA Live Results: https://www.mql5.com/en/signals/2226322 Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistic

167 USD

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CHRISTMAS SALE! --> Buy GOLD Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (Regular Price: $397) - The offer ends soon! GOLD Scalper PRO Live Results: https://www.mql5.com/en/signals/2259548 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trad

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CHRISTMAS SALE! --> Buy Trend Matrix EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (Regular Price: $397) - The offer ends soon! Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 terminals is designed to spot and capitalize on trends, ensuring you stay on the rig

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CHRISTMAS SALE! --> Buy BF Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (Regular Price: $397) - The offer ends soon! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance . The improved exit logic reduces the dra

137 USD

The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L

FREE

MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE! As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL - Trailing Stop System - Broker protection System - Custom Magic

FREE

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CHRISTMAS SALE! --> You can get Pips Master PRO as a GIFT! You only need to buy one of our products. Check here our products: https://www.mql5.com/en/users/autotrader/seller Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers, this cutting-edge forex robot redefines automated trading, equipping you with a suite of advance

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CHRISTMAS SALE! --> Buy Smart Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (Regular Price: $397) - The offer ends soon! Smart Scalper PRO is the PRO version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Smart Scalper PRO is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse, after a reasonable cor

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CHRISTMAS SALE! --> Buy Smart Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (Regular Price: $397) - The offer ends soon! Smart Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things. Smart Scalper PRO is the professional version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Continue reading to learn mor

137 USD

367 USD

Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)

FREE

Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig

FREE

Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the

FREE

Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management

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CHRISTMAS SALE! --> Buy Forex Trend Detector with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (Regular Price: $497) - The offer ends soon! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent performance. I built Forex Trend Detector on a trading strategy that works! I didn'

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CHRISTMAS SALE! --> Buy Trend Reader Indicator with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $97 ( Regular Price: $297) - The offer ends soon! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes complex mathematical calculations and the Average True Range (ATR) indicator to identify and highlight the init

97 USD

137 USD

167 USD

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2328

agrushev777 2024.02.17 18:00 #

User didn't leave any comment to the rating

364

Hardik K Chapla 2023.10.19 15:32 #

Hi, I have tested in demo account and the result was good. but when I started in the real account, and now at a loss. a completely different result in a real account. don't waste time.

69996

Reply from developer Lachezar Krastev 2023.10.20 07:48 #

Hi, Thanks for the 1 star. You are very generous. This is a free product. You have not spent even a cent for this product. Instead to thank that someone has shared such EA for free you complain about the results. I am 100% sure that your broker conditions in real trading are very bad which explain why you get such different results between demo and real trading. Check the previous reviews of other users. Everyone is satisfied you only not. If you are smart enough you will understand that the problem is on your "television" not on the EA!

2312

MattyTrading 2023.10.17 09:13 #

SIEMPRE me gustaron los robots de Noticias y este supera las espectativas .BUEN TRABAJO GRACIAS

794

NN 2023.07.07 18:47 #

This Programmer created a very easy to use EA for News Trading that is profitable. Thank you!

1120

yalewang 2023.06.11 15:35 #

i will test it next week .

266

Rajat Kumar Vishwakarma 2023.04.29 11:49 #

live test is sucesss with profit

palmer134 2022.11.18 14:33 #

good job

1428

Tony Franciscus Jans 2022.10.17 18:03 #

Good EA, Useful. Simplify trading preparation before news.

ABDULRAHMANIBNAUF580 2022.07.16 03:22 #

Best EA.. thank you Lachezar Krastev...

Version 1.2 2021.07.23

Some small changes.

Version 1.1 2021.04.15

I have made some improvements in the EA code. I have also fixed a small bug.