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EA Mbot News Trader MT5

EA Mbot News Trader MT5 is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot.

The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release is not followed by price movement, the two orders are deleted after the specified time.


Recommendations on trading

  • 0.01 lot with a minimum deposit of $100
  • It is recommended to test the EA on a demo account to understand what kind of settings you should use with your broker.
  • It can be optimized to work on any instrument
  • ECN brokers with low spread and slippage are recommended for trading


Settings

MagicNumberEA - unique number for the robot to distinguish its orders

slippage - maximum slippage in points

lotMode - lot settings

  • LOT_MODE_CONST - fixed lot mode
  • LOT_MODE_STEP_BALANCE - automated lot calculation based on the lot and balance step
  • LOT_MODE_DEPO_RISK_PER_ORDER - automated lot calculation based on risk % of balance
    • lotConst - trade volume in the fixed sizing mode
    • lotModeStep_BalanceStep - balance step
    • lotModeStep_LotStep - lot step. For example, if you set the balance step to 100 and the lot step to 0.01, then 0.01 lot will be opened per each 100 of balance.
    • lotModeDepo_riskPerOrderPercent - risk percent of balance. (1-100%)

timeSettings - time settings

  • timeOfNewsLocal - news release data and time (local time)
  • secondsToStart - the time in seconds before the news release to place pending orders and to hold them at the given distance from the current price
  • secondsToCancel - time in seconds after which pending orders will be deleted
  • inpDistanceToBuy - distance between the Buy order and the current price
  • inpDistanceToSell - distance between the Sell order and the current
  • inpPendingOPModifyStep - orders price change step before a news release

strategy - choose a trading strategy

  • STRATEGY_STOPS - a breakout strategy. The EA places 2 orders: Sell Stop below the current price and Buy Stop above the current price
  • STRATEGY_LIMITS - a rollback strategy. The EA places 2 orders: Sell Limit below the current price and Buy Limit above the current price
  • STRATEGY_BUYSTOP - a Buy Stop order is placed
  • STRATEGY_SELLSTOP - a Sell Stop order is placed
  • STRATEGY_BUYLIMIT - a Buy Limit order is placed
  • STRATEGY_SELLLIMIT - a Sell Limit order is placed
  • deleteRemainingOrder - enable/disable deletion of the second order after a trade is opened
  • deleteUfterTimeCancel - enable/disable deletion of pending orders after timeout
  • StopLossBuy - configuration of the protective order in points for Buy trades
  • TakeProfitBuy - Take Profit for Buy trades in points
  • StopLossSell - configuration of the protective order in points for Sell trades
  • TakeProfitSell - Take Profit for Sell trades in points
  • SizeTrallStart - distance in points, after which Trailing Stop is activated
  • SizeTrall - Trailing Stop distance from the current price
  • SizeTrallStep - trailing step
  • NPipsTurnOnNoLoss - distance in points, after which the protective stop loss order is moved to the open price
  • NPipsShiftNoLossProfit - shift of the breakeven level from the opening level

OtherVariables

  • ordersCommentConst - a comment to orders
  • sleepIfFailedMs - a pause in seconds after an unsuccessful request
  • displayComment - enable/disable the information panel
  • displayPrint - enable/disable logs
  • messageType - notification about opening/closure of trades (alert, E-mail, Push)
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4.79 (39)
Experts
The King Advisor è un algoritmo altamente avanzato di  reti neurali . La sua strategia si basa sull'identificazione dei livelli di supporto, resistenza e linee di tendenza attraverso un sofisticato sistema di autoapprendimento e un sistema di trading ideato con anni di esperienza e lavoro.  Sviluppato da un team di trader esperti. SI PREGA DI NOTARE CHE CI SARA' UN LIMITE DI 200 ESEMPLARI --> Totale copie vendute aggiornate: 190 Nuovo segnale live:   https://www.mql5.com/en/signals/2252376?sourc
Gold Trade Pro MT5
Profalgo Limited
4.56 (32)
Experts
Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una
TrendMaster FX
Chen Jia Qi
4.48 (81)
Experts
Presentazione del nostro EA MT5: Alimentato da algoritmi avanzati e tecnologia di apprendimento profondo, il nostro Expert Advisor (EA) è meticolosamente progettato per guidarvi attraverso il mondo intricato del trading sul forex. Il sistema analizza diligentemente le attività di mercato ed effettua operazioni in base a criteri prestabiliti, consentendovi di cogliere le tendenze di mercato in modo più efficace. Coppie di valute consigliate: Segnale dal vivo:   TrendMaster FX Versione MT4:   Tre
The law of Jungle MT5
Inrexea Limited
5 (1)
Experts
Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
Big Forex Players MT5
Marzena Maria Szmit
4.84 (49)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
HFT PropFirm EA MT5
Dilwyn Tng
4.83 (24)
Experts
Versione MT4: https://www.mql5.com/en/market/product/104871 Monitor delle prestazioni della sfida HFT MT5 (non per account live): Broker: Fusion Market Login: 89600 Password: Greenman89$ Server: FusionMarkets-demo Oltre 700 recensioni autentiche a 5 stelle per la versione MT4 rilasciata in precedenza: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canale pubblico: https://www.mql5.com/en/channels/hftpropfirmea Versione MT4: https://www.mql5.com/en/market/product/104871
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
Experts
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Bitcoin Robot MT5
Marzena Maria Szmit
4.43 (40)
Experts
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Gold Mana MT5
Dilwyn Tng
4.22 (23)
Experts
Gold Mana è stato sviluppato con oltre un anno di intense ricerche e test. Questo esperto consulente utilizza misurazioni della volatilità su più timeframe, analizza le intenzioni dei partecipanti al mercato e anticipa i movimenti dei prezzi prima che si verifichino con l'aiuto di modelli di candele e analisi della domanda e dell'offerta per ingressi precisi che sono altamente reattivi ai movimenti dei prezzi dell'oro, rompendo a livelli critici del prezzo dell'oro. Gold Mana ha dimostrato di
Hercules AI
Aleksandr Chebotaev
2.6 (30)
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Parrots Breaker
Siti Hadijah Lena
4.67 (3)
Experts
Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Dark Algo MT5
Marco Solito
5 (51)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Daytrade Pro Algo MT5
Profalgo Limited
4 (9)
Experts
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente dal broker Si sviluppa indipendente Mostra backtest mol
Altri dall’autore
EA Mbot News Trader
Maxim Sokolov
5 (1)
Experts
EA Mbot News Trader is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot. The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release is n
LevelPAttern
Maxim Sokolov
Indicatori
LevelPAttern is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications. Indicator operation features It is suitable for working with any CFD and FOREX trading instrum
LevelPAttern MT5
Maxim Sokolov
Indicatori
LevelPAttern MT5 is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications. Indicator operation features It is suitable for working with any CFD and FOREX trading ins
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Versione 2.0 2020.01.18
- Добавлен режим торговли по уровням
- Добавлена опция визуального отображения уровней на графике