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News Scope EA Pro MT5

5

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. 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 GBPUSDClick 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!





Reviews 2
Sascha Kleemeier
201
Sascha Kleemeier 2024.12.31 07:43 
 

So far So good. With setfile it is easy to set up. Lets See how it works

Heiko
340
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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Aura Black Edition MT5
Stanislav Tomilov
4.38 (32)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Boring Pips MT5
Thi Thu Ha Hoang
4.75 (32)
New Year, New Opportunities: Get 8 activations for just $399 USD. Hurry – limited quantity available! 2025 is here, and it’s time to take your trading to the next level. Start the year strong with Boring Pips EA – your reliable trading solution: - Proven, tracked signals - Easy to install - 100% automated Don’t miss this opportunity to trade with confidence and precision. Secure your Boring Pips EA now. Have you ever wondered why most expert advisors are not effective in live trading, despite t
Aurum AI mt5
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5 (13)
Attention! From December 31 to January 5, disable Aurum AI auto-trading, due to the New Year holidays! January 6 (Monday) enable auto-trading! Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade
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5 (2)
Introducing Eagle Odyssey EA with excellent capabilities in automatic trading whose analysis is based on the orderblock concept. Order blocks are often formed in response to significant market moves driven by institutions. When a large order is placed in the market (such as buying or selling a large amount of an asset), the price tends to move to a certain level to "fill" that order. Once this process happens, the area where the institutional order took place acts as a level of support or resist
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HFT PropFirm EA MT5 is  also known as Green Man due to its distinctive logo by Dilwyn Tng, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. Free  Swing Signal Group and Gold Scalping Signal after you have passed a challenge. MT4 Version:  https://www.mql5.com/en/market/product/104871 Passing HFT MT5 Challenge Performance Monitor (not for live account): Broke
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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
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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'
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
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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Sascha Kleemeier
201
Sascha Kleemeier 2024.12.31 07:43 
 

So far So good. With setfile it is easy to set up. Lets See how it works

Heiko
340
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!

Reply to review
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.