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News Scope EA Pro MT5

157 USD

Demo downloaded: 227

Published: 22 December 2022

Current version: 1.4

News Scope EA Pro MT5

Experts
Lachezar Krastev
Version: 1.4
Updated: 18 September 2024
Activations: 5

PROMOTION: BUY 1 GET 1 FREE! --> Buy News Scope EA PRO with -50% OFF + 1 FREE EA (of your choice)!

NOTE: Promo price: $157 (Regular Price: $327) - The offer ends soon!

For more info about the promotion and possible free EAs, contact me!

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. 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 strong enough, the trader cold 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, in the last years the brokers conditions improves continuously and the spreads during major news events are lower than ever. This creates a good opportunity for profitable news trading.

There is a MT4 version too! Click here to check it!

IMPORTANT: Due to impossibility for internet connection during test in the strategy tester of MT5 terminal you will not be able to back-test News Scope EA PRO. In order to test, try the MT4 version here. There is no such problem in the MT4 terminal. Or contact me to get a special test version.

News Scope EA PRO Features

Semi-automated and fully automated modes
Precise time and news detecting filters
High spread detection filter
Single or multiple-cascade orders modes
Exit by a trailing stop, or back-tick detection
NFP and FOMC only trading mode
Multiple currency pairs support
Longs only and shorts only option
Custom time management feature

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

Recommended timeframe: M1

Supported currency pairs: EURUSD, USDJPY, USDCAD, AUDUSD and GBPUSD. Click here to download .set files for all supported pairs.

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

IMPORTANT: Use “News Scope EA PRO” 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 Scope EA PRO on this broker anymore.

News Scope EA PRO 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 News Scope EA PRO.

==== 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.
.............

For more info, complete list of settings, .set files and LIVE Results, click here to 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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319

Heiko 2023.06.23 15:03 #

The EA works perfectly! It does exactly what it was programmed to do! But as with all EAs, this does not mean that you will be rich tomorrow. The result always depends on the market situation and there are phases when things don't go optimally....... Thanks to Lachezar and his team, who answered all questions quickly and friendly!

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Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:

1 333.99 USD

ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting: https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o

399 USD

The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S

899 USD

197 USD

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247 USD

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197 USD

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247 USD

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157 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

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247 USD

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, exe

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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

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197 USD

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197 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)

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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

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

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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

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197 USD

247 USD

147 USD

Filter:

319

Heiko 2023.06.23 15:03 #

Version 1.4 2024.09.18

I have added a new parameter called TradeSeconds. This new parameter is a part of the "Static News Trading" settings. Now, you can set the exact seconds for placing pending trades during static news/events. Previously, you could only specify the hour and minute at which the EA would place pending trades, while the seconds were hardcoded to a fixed value of 50 seconds. While this worked effectively, I realized that providing users with the ability to control the exact seconds could add an extra layer of precision and flexibility.

Version 1.3 2023.01.16

I have fixed a typo in the name of the parameter EA_Comment.