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MyNewsTrader

MyNewsTrader is a powerful and fully automatic EA that trades during news times.

Due its heavy customization ability you can make it trade on your own your pre-defined strategy using market, stop or limit orders, advanced targets and different trail types.

It is designed to run as a 'set and forget' EA meaning you don't have to type in any event times to trade, but you can also use it as a manual trader with its on chart buttons.

There is built in event scanner that will look for string matches in the news title and only trade those events it has a match for.

Recommendations

  1. Choosing a good broker is critical because many brokers are widening the spread a lot during news times and that will make it a lot harder to profit during those times
  2. Use a VPS close to your broker for better fill prices and faster execution times
  3. FIFO restrictions? Change setting 'Order count per side' to 1

Signals

  • https://www.mql5.com/en/signals/151740

General settings

  • Order comments
  • Magicnumber - 0=autogenerate
  • Broker to GMT offset hours - important! example: -2 is when gmt is 2 hours behind brokertime
  • Maximum spread allowed - 0=any
  • Slippage - 0=any
  • Trade direction - choose trade directions
    • buy
    • sell
    • both
  • Order type - choose ordertype to use
    • marketorders
    • stoporders
    • limitorders
  • Ecn method - sl/tp is set after order becomes a market order
  • Stealth orders - hide sl/tp from broker, you can also use this if your broker has minstop limitations

News settings

  • Include High impact - include high impact news
  • Include Medium impact - include medium impact news
  • Include Low impact - include low impact news
  • Include USD news - include USD events even if the current symbol is non a non USD
  • TradeEventStr - search for stringmatches in event name to trade. example "FOMC, CPI, Retail Sales". leave empty to include all events
  • SkipEventStr - search for stringmatches in event name to not trade. example "speaks, Speaks, Conference" leave empty to disable this filter
  • Show newstime verticle lines - show vertical lines when news times are on chart
  • Open orders +/- seconds to newstime - create/open order this many seconds to (+) or before (-) news. example: -5 will create orders 5 seconds before newstime

Trade settings

  • Order counter per side - how many orders above and below price to create. only works if stop/limit orders are chosen
  • First order distance/entry - how many points from price to create first pending orders. or after how many points price have to move to enter marketorder.
  • Order to order distance - how many points between pending orders
  • Delete pending order after seconds - all pending orders will be deleted or it will not enter marketorder after this many seconds
  • Stoploss - 0=no stoploss
  • Takeprofit - 0=no takeprofit
  • First target - 0=disable first target. if disables Takeprofit is only target
  • First target partitial close percentage - close this pecentage of active lots when first target is hit
  • First target move to Breakeven - enable/disable move stoploss to breakeven if first target is hit
  • Trailing distance - trailstop distance (0=disable trailstop)
  • Trailing jump - trailstop jump/step (0=disable trailjump)
  • Trailing candle - enable/disable last candle trail mode
  • Trailing fractal - enable/disable fractal trail mode
  • Trailing fractal and psar - enable/disable psar mixed with fractal. only works if fractal tail mode is enabled
  • Trailing indicator timeframe - choose witch timeframe to get values from if candle/fractal/psar trail mode is enabled
  • Breakeven - move stoploss to breakeven after this many points (0=disable)
  • Breakeven jump - breakeven locks in this many points in profit (0=disable)

Money management

  • Lots method - choose lots calculation method
    • fixed_lots
    • margin_mm
    • risk_mm
  • Lots value - lots size or percentage depending on what Lots_method you have chosen

Tradetime settings

  • Daily start hour
  • Daily stop hour
  • Monday start hour
  • Friday stop hour - don't create orders after this hour
  • Friday close hour - close and delete all orders at this hour
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Experts
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Ho Tuan Thang
4.15 (13)
Experts
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5 (1)
Experts
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2.9 (20)
Experts
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Experts
-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, whi
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5 (5)
Experts
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Experts
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5 (2)
Experts
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
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Experts
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
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Experts
Consultor totalmente automático baseado no princípio da oferta e da procura . O primeiro a oferecer um consultor de oferta e demanda totalmente automatizado . Negociar agora é fácil e você tem controle total sobre sua estratégia de negociação Através de um conveniente painel de operações gráficas. Você obtém software de negociação algorítmica de altíssima qualidade com mais de 15.000 linhas de código. Guia EA ProBot de oferta e demanda A melhor maneira de negociar os desafios da Prop Firms e
Dark Algo
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4.76 (54)
Experts
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HeXon FX MT4
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Experts
HeXon FX – A solução de trading líder para traders de Forex HeXon FX é um Expert Advisor (EA) altamente avançado, projetado para operar com precisão nos mercados de câmbio. Utilizando estratégias de negociação de ponta, o HeXon FX oferece uma solução flexível e estável para negociar o principal par de moedas EURUSD. Este EA destaca-se durante as fases voláteis do mercado, adaptando-se eficientemente a diferentes condições para gerar lucros consistentes, minimizando o risco. Sinais: Live Signa
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5 (8)
Experts
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Plotter
Daniel Sic
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Plotter is an indicator that was created during the ICT mentorship to make charting quick, easy and fun for everybody. Assign a function to any hotkey in indicator settings or use the default keys to perform smart actions that usually takes a lot of time to perform. Click on any bar, press OHLCMBVPOKJH to plot objects, color them with keys 0-9 or modify them with keys ERAZ and much much more. Indicator settings are described below. CHART SETTINGS gmt_offset auto -23 - 23 daylightsavings= set dst
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Versão 1.8 2019.11.15
Hardcoded news URL address is now soft coded and can be changed in settings.
Default URL changed to: "http://cdn-nfs.faireconomy.media/ff_calendar_thisweek.xml

Some Tips!
Set up your own strategy in settings.
Dont forget to set GMT
Dont forget to set NewsCurrencies (Default is USD). Multiple Symbols can be used. Example: USD,GBP,AUD
Dont forget to set OrderTimeOffset. Default is -60 seconds before news event.
Keep spread limit and slippage filter high or 0=off
On some red news spread and slippage can be high on various brokers.

Versão 1.6 2016.05.25
- recoded a lot of the code to work with less CPU and memory
- added new trailing options
- added ma trailing
- added close other side function
- new default settings