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News Day Trader MT4

4 advisors for the price of one  

Introducing the News Day Trader. This Expert Advisor trades on economical news releases. This EA can use four different strategies for trading news releases. It doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA works even better when used in combination with the Range Breakout Day Trader, which will optimize the amounts of trades made per day.

Introduction price of only 179.00 USD ! (44.75 USD per EA strategy)

Live Signal: Click here 

This thoroughly tested Expert Advisor opens one position during high and/or medium impact news releases. 

Four different strategies can be used for trading news events:

  • Strategy 1: The news release straddle strategy opens seconds before the news release a buy stop and a sell stop order at a certain price distance from the current open price. When one of the orders gets triggered after the news release, the other order can be cancelled.
  • Strategy 2: The news release trend strategy opens a buy or sell order seconds before the news release. The trend filter determines if a buy or sell order is opened and will increase the probability of opening the position in the right direction of the price surge.
  • Strategy 3: The news reversal strategy opens a buy or sell order after the news release. The reverse signal indicator on the higher timeframe determines if a reverse trade is made when a certain amount of price change has occurred.
  • Strategy 4: The reverse reaction strategy does not work only during news releases but at any moment when on the higher timeframe a price movement occurs where the Inverse Signal indicator affirms a price reversal after a certain minimal price change has occurred. For this strategy it is not necessary that the news calendar is activated.

    All four strategies can be used with an optimized trailing stop which will start after a certain amount of profit has been reached. This way your profits will stay protected if the market reverses.

    News from different countries can be selected depending on which currency pair you use. This Expert Advisor uses the highly accurate economical calendar from Forex Factory.

    The news events can not be back tested in MT4, because MT4 cannot handle the large amount of data for these news events. For back testing the news events, you can use the free MT5 demo version, which you can find here. The back test results for the MT5 version can be used for live trading the MT4 version, since both versions use exactly the same algorithms for live trading. So the back test results in the MT5 version will give a good reflection of how the MT4 version will perform in live trading and which settings in the EA will give the best results.

    With back testing hundreds of news events you will have a big advantage compared to the manual traders which have a higher probability of losing their trades during news events.

    But make sure when trading the news that you have a broker which doesn’t widen the spread to much, as they will take a big piece of your profit by widening the spreads or immediately after the news release take out your stop loss. Preferably use a broker with an ECN account.

     

    Recommendations:

    • Any currency pair can be used which has one of the following currencies: EUR, USD, GBP, CHF, AUD, NZD, JPY, CHY
    • Optimized set-files for USDJPY and GBPUSD can be downloaded here.
    • Timeframe: M5
    • Minimum deposit : $100
    • Account type: ECN, Raw or Razor with very low spreads
    • It is important to use low spread accounts for best results
    • Use VPS to keep EA running 24/7
    • Leverage 1:30 (1:500 if using high risk settings)

    Specifications:

    • No Grid or Martingale system
    • Every trade is protected with a Stop Loss
    • Extra protection possible by setting up the max. equity drawdown
    • Different strategies which can be used for trading economical news
    • Exit strategy incorporates a take profit level and a trailing stop using ATR values
    • Option to choose risk based lot size or fixed lot size
    • Option to send notification/email alert before high and/or medium impact news releases
    • Time settings are automatically adjusted to your brokers server time



    PARAMETERS DESCRIPTION

    Trade settings:

    • Magic number: EA identification number
    • Trade comment: Text which can be added as a comment to the trades
    • Maximum spread size: If the current spread is higher than the predefined spread size the position or order will not be opened
    • Lot mode: choose to set lot size according to the risk percentage or a fixed lot size
    • Risk percentage: The risk percentage at which the lot size will be calculated
    • Fixed lot size: The value of the lot size if a fixed lot size is set in the lot mode
    • *Maximum equity drawdown (on/off)
    • Loss percentage (equity drawdown) at which the position will automatically be closed
    • Close at predefined take profit percentage (on/off)
    • Profit percentage at which the position will automatically be closed
    • Close position at predefined time  (on/off)
    • Set hour and minutes at which the position will be closed
    • Time offset: Time settings are automatically adjusted, but if an adjustment is still needed you can offset the time here in amount of hours
    • Close open position or pending order after set expiration time (on/off)
    • Expiry time (minutes) pending order
    • Expiry  time (hours) open position
    • Select news trading strategy: strategy 1, 2, 3 or 4

    Strategy 1 (News release straddle) settings:

    • Amount of seconds to place orders before news release
    • Distance of sell-/buy stop from current price (in forex points)
    • Take Profit (in forex points)
    • Stop loss (in forex points)
    • Stop Loss based on ATR value (on/off)
    • ATR multiplier
    • ATR period
    • Turn on/off OCO orders (One Cancels the Other)

    Strategy 2 (Trend following) settings:

    • Amount of seconds to place order before news release
    • Distance of sell-/buy stop from current price (in forex points)
    • Take Profit (in forex points)
    • Stop loss (in forex points)
    • Stop Loss based on ATR value (on/off)
    • ATR multiplier
    • ATR period
    • Timeframe used for trend filter
    • Signal period used for trend filter

    Strategy 3/4 (News reversal/Reverse reaction) settings:

    • Amount of minutes to open position after news release (max 45 min)
    • Take Profit (in forex points)
    • Stop loss (in forex points)
    • Stop Loss based on ATR value (on/off)
    • ATR multiplier
    • ATR period
    • Timeframe used for reversal indicator
    • Signal period used for reversal indicator
    • Confidence coefficient (value between 1 to 3)
    • Minimum bar size for signal
    • Maximum bar size for signal

    Trailing stop settings:

    • Turn on trailing stop (on/off) 
    • Profit percentage at which the trailing stop starts
    • ATR multiplier: Value which will be multiplied with the ATR value (to set the trailing stop distance)
    • ATR period: The period used for calculating the ATR (average true range)

    **News settings:

    • Turn on the news of the two currencies from the currency pair which you are trading (Make sure to turn off the news of the other currencies)
    • Trade high impact news (on/off)
    • Trade medium impact news (on/off)
    • URL to get calendar data from Forex Factory
    • Ignore news containing the word you place here
    • Send notification before news release
    • Send email before news release
    • Amount of minutes to send notification/email before news release

    *Note: If you use the maximum equity drawdown, it needs to be checked with the stop loss setting. If the percentage max. equity drawdown is too low, your positions might get closed before it reaches the stop loss order and might increase your losses.

    **Note: Add this URL: "nfs.faireconomy.media/ff_calendar_thisweek.xml" in the 'Allow webrequest' in menu: 'Tools/Options/Expert Advisors' to be able to use the Forex Factory calendar.


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    Bogdan Ion Puscasu
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    Profalgo Limited
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    Profalgo Limited
    4.62 (29)
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    AW Trading Software Limited
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    Marzena Maria Szmit
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    Profalgo Limited
    5 (5)
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    Marzena Maria Szmit
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    Fanur Galamov
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    Lo Thi Mai Loan
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    Denis Kurnev
    5 (1)
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    Marzena Maria Szmit
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    lizhi fu
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    Mansour Babasafary
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    Profalgo Limited
    4.61 (23)
    프로모션 시작! 449$에 얼마 남지 않았습니다! 다음 가격: 599$ 최종 가격: 999$ 1EA를 무료로 받으세요(2개의 거래 계정에 대해) -> 구매 후 저에게 연락하세요 Ultimate Combo Deal   ->   click here New 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 JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro는 금 거래 EA의 클럽에 합류하지만 한 가지 큰 차이점이 있습니다. 이것은 진정한 거래 전략입니다. "실제 거래 전략"이란 무엇을 의미합니까?   아시다시피 시장에 있는 거의 모든 Gold EA는 단순한 그리드/마팅게일 시스템으로 시
    FT Gold Robot MT4
    Marzena Maria Szmit
    4.4 (35)
    Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
    실시간 신호-1: 여기를 클릭하세요 MT5 버전: 여기를 클릭하세요 Quantum Pip   를 무료로 받으세요 (2개 거래 계좌용) -> 구매 후에 저에게 연락주세요 Nasdaq Algo Trading에 오신 것을 환영합니다 이 EA (Expert Advisor)는 13년 이상의 프로그래밍 및 거래 경험을 가진 팀에 의해 생성 및 설계되었습니다. 이 EA는 장기적이고 안정적인 수익을 제공할 수 있는 시스템을 개발하는 데 중점을 둡니다. 리스크가 없는 전략을 사용하며, 마틴게일, 그리드, 헤징 방법이나 사실상 스톱로스가 없는 것과 같은 지나치게 긴 스톱로스를 사용하는 전략을 피합니다. 이 EA는 거래 봇에 대한 당신의 시각을 바꿀 것입니다. 상세 기능 - Dravas 돌파 사고방식에 기반하여 진입점을 찾기 위해 가격 행동 전략을 사용합니다. - Prop firm에 적합한 기능을 포함하고 있습니다: 드로우다운 관리, 뉴스 관리, 거래 시간 관리 등. - 선택할
    AI Meta EA MT4
    Denis Kurnev
    4.43 (7)
    Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra
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    4 advisors for the price of one     Introducing the News Day Trader. This Expert Advisor trades on economical news releases. This EA can use four different strategies for trading news releases. It doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA works even better when used in combination with the Range Breakout Day Trader , which will optimize the amounts of trades made per day. Introduction price of only  179.00 USD !  (44.75 USD per EA strategy) Live Signal:  Clic
    Introducing the Range Breakout Day Trader. This Expert Advisor only trades during the day (European time). This EA uses proven strategies and doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA shows that safe and reliable automated trading systems don't need to cost that much. Introduction price of only 129.00 USD !   Prop Firm Ready Live Signal (medium risk): Click here   This carefully crafted Expert Advisor opens one position every day after a range has been set betw
    This script exports the economic calendar from MT5 as a .csv-file into the common directory of the terminal (...\Terminal\Common\Files). The generated file news.csv is necessary for using the news filter in back testing the Range Breakout Day Trader EA. Input parameters: Country 1: First country from which the news will be exported Country 2: Second country from which the news will be exported Date from: Start date from which the calendar data will be exported Date to: End date to which the
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    Introducing the Range Breakout Day Trader. This Expert Advisor only trades during the day (European time). This EA uses proven strategies and doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA shows that safe and reliable automated trading systems don't need to cost that much. Introduction price of only  129.00 USD !   Prop Firm Ready Live Signal (medium risk):   Click here   This carefully crafted Expert Advisor opens one position every day after a range has been set b
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