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News Catcher Pro MT5

0.00

EA has a live track record

Live performance (very high risk account)

6 copies out of 10 left at $899

Next price –> $999

Price will be kept high to lower the number of users for this system!

News Catcher Pro is a mean-reversion strategy that uses intraday seasonal volatility patterns caused by high-impact news events. It enters the market at a certain time shortly before a high-impact news event occurs. It does not trade frequently!

Supported currency pairs: GBPUSD, EURUSD, EURGBP

Recommended timeframe: M5

MT4 version can be found here

EA is FIFO compatible

The EA does not use martingale or grid, each trade protected by a stop loss!

To backtest the EA you should download the news events data file ‘NewsEvents.txt‘ and copy it to the common MT4/5 directory – ‘\Common\Files’ (File -> Open Data Folder -> Up to ‘Terminal’ -> Common -> Files). The data file can be found in the Comments section.

Features:

  • One Chart Setup: you only need one chart to trade all symbols
  • Multiple currency pairs support
  • Solid backtest and live performance
  • Advanced News Filter (can be used in Strategy Tester)
  • Auto GMT detection
  • Self Diagnostic System
Backtests should be done with Tick Data Suite GMT 2 with US DST. This GMT offset is used by most brokers

How to install

  • The EA must be attached to ONLY one M5 chart, EURUSD is recommended
  • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
  • Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA

  • Please allow web requests to the following URLs for news filter and GMT detection (delete spaces!):

      1. //ec.forexprostools.com
      2. //www. worldtimeserver.com
      3. //timesrv.online

     

    Requirements

    • Hedging account!
    • The EA should run on a VPS continuously
    • Good ECN broker is preferable

    Setting

    • Allow Opening a new Trade – on/off opening new trades
    • Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
    • Fixed Lot – fixed trading lot
    • Dynamic Lot – balance/equity to be used per 0.01 lot
    • Maximum Lot – max allowed trading lot
    • Maximum Spread, in pips – max allowed spread for position closing
    • Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
    • Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
    • Maximum Net Number of Currencies – max allowed number of open trades with the same currencies (not symbols/currency pairs) in the same direction
    • Allow to Buy/Sell – on/off Buy/Sell trades
    • Allow Hedging – allow opening multi-directional trades on the same symbol
    • Minimum Free Margin % – if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones
    • Max Floating Drawdown % (in Money) – if current floating drawdown exceeds the specified % (value) the EA will close open positions
    • Max Drawdown Action – allows specifying actions to be taken after the max. drawdown is reached (in money or %)
    Strategy
    • Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
    • PCh Period – period of the price channel (PCh)
    • PCh Offset – offset for the PCh levels
    • ATR Period – period of the daily ATR indicator
    • Position Time Stop – max position holding time, in M5 bars
    • Hour to Stop Trading on Friday – hour to stop trading on Friday. All open positions will be closed at this hour
    • New Year Holiday Filter – on/off Christmas/New Year filter
    • TakeProfit / StopLoss, %ATR – volatility-based take profit / stop loss in %ATR
    • Hide StopLoss – on/off SL hiding
    • News Filter Enabled – on/off News Filter
    • Minutes Before/After Event – allow trading before/after the high-impact event
    Others
    • Trade Comment – comment
    • UID (0…9) – unique EA instance number. Usually no need to change it
    • ShowPanel –  on/off Info-panel
    • Disable Automatic GMT Detection – set it to ‘true’ to disable automatic GMT detection. You can use the GMT Test/Manual’ and ‘DST Test/Manual’ parameters to manually set the GMT offset in live trading.
    • GMT/DST Test/Manual – GMT offset in winter and DST

    [spoiler title=”Read More…”]

    EA has a live track record

    Live performance (very high risk account)

    6 copies out of 10 left at $899

    Next price –> $999

    Price will be kept high to lower the number of users for this system!

    EA has a live track record

    Live performance (very high risk account)

    6 copies out of 10 left at $899

    Next price –> $999

    Price will be kept high to lower the number of users for this system!

    News Catcher Pro is a mean-reversion strategy that uses intraday seasonal volatility patterns caused by high-impact news events. It enters the market at a certain time shortly before a high-impact news event occurs. It does not trade frequently!

    Supported currency pairs: GBPUSD, EURUSD, EURGBP

    Recommended timeframe: M5

    MT4 version can be found here

    EA is FIFO compatible

    The EA does not use martingale or grid, each trade protected by a stop loss!

    To backtest the EA you should download the news events data file ‘NewsEvents.txt‘ and copy it to the common MT4/5 directory – ‘\Common\Files’ (File -> Open Data Folder -> Up to ‘Terminal’ -> Common -> Files). The data file can be found in the Comments section.

    The EA does not use martingale or grid, each trade protected by a stop loss!

    • One Chart Setup: you only need one chart to trade all symbols
    • Multiple currency pairs support
    • Solid backtest and live performance
    • Advanced News Filter (can be used in Strategy Tester)
    • Auto GMT detection
    • Self Diagnostic System
    Backtests should be done with Tick Data Suite GMT 2 with US DST. This GMT offset is used by most brokers
    • The EA must be attached to ONLY one M5 chart, EURUSD is recommended
    • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
    • Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA

    • Please allow web requests to the following URLs for news filter and GMT detection (delete spaces!):

        1. //ec.forexprostools.com
        2. //www. worldtimeserver.com
        3. //timesrv.online

      • The EA must be attached to ONLY one M5 chart, EURUSD is recommended
      • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
      • Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA

      • Please allow web requests to the following URLs for news filter and GMT detection (delete spaces!):

          1. //ec.forexprostools.com
          2. //www. worldtimeserver.com
          3. //timesrv.online

        Please allow web requests to the following URLs for news filter and GMT detection (delete spaces!):

          • Hedging account!
          • The EA should run on a VPS continuously
          • Good ECN broker is preferable

          Setting

          • Allow Opening a new Trade – on/off opening new trades
          • Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
          • Fixed Lot – fixed trading lot
          • Dynamic Lot – balance/equity to be used per 0.01 lot
          • Maximum Lot – max allowed trading lot
          • Maximum Spread, in pips – max allowed spread for position closing
          • Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
          • Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
          • Maximum Net Number of Currencies – max allowed number of open trades with the same currencies (not symbols/currency pairs) in the same direction
          • Allow to Buy/Sell – on/off Buy/Sell trades
          • Allow Hedging – allow opening multi-directional trades on the same symbol
          • Minimum Free Margin % – if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones
          • Max Floating Drawdown % (in Money) – if current floating drawdown exceeds the specified % (value) the EA will close open positions
          • Max Drawdown Action – allows specifying actions to be taken after the max. drawdown is reached (in money or %)
          Strategy
          • Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
          • PCh Period – period of the price channel (PCh)
          • PCh Offset – offset for the PCh levels
          • ATR Period – period of the daily ATR indicator
          • Position Time Stop – max position holding time, in M5 bars
          • Hour to Stop Trading on Friday – hour to stop trading on Friday. All open positions will be closed at this hour
          • New Year Holiday Filter – on/off Christmas/New Year filter
          • TakeProfit / StopLoss, %ATR – volatility-based take profit / stop loss in %ATR
          • Hide StopLoss – on/off SL hiding
          • News Filter Enabled – on/off News Filter
          • Minutes Before/After Event – allow trading before/after the high-impact event
          Others
          • Trade Comment – comment
          • UID (0…9) – unique EA instance number. Usually no need to change it
          • ShowPanel –  on/off Info-panel
          • Disable Automatic GMT Detection – set it to ‘true’ to disable automatic GMT detection. You can use the GMT Test/Manual’ and ‘DST Test/Manual’ parameters to manually set the GMT offset in live trading.
          • GMT/DST Test/Manual – GMT offset in winter and DST

          • Hedging account!
          • The EA should run on a VPS continuously
          • Good ECN broker is preferable

          Setting

          • Allow Opening a new Trade – on/off opening new trades
          • Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
          • Fixed Lot – fixed trading lot
          • Dynamic Lot – balance/equity to be used per 0.01 lot
          • Maximum Lot – max allowed trading lot
          • Maximum Spread, in pips – max allowed spread for position closing
          • Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
          • Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
          • Maximum Net Number of Currencies – max allowed number of open trades with the same currencies (not symbols/currency pairs) in the same direction
          • Allow to Buy/Sell – on/off Buy/Sell trades
          • Allow Hedging – allow opening multi-directional trades on the same symbol
          • Minimum Free Margin % – if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones
          • Max Floating Drawdown % (in Money) – if current floating drawdown exceeds the specified % (value) the EA will close open positions
          • Max Drawdown Action – allows specifying actions to be taken after the max. drawdown is reached (in money or %)
          Strategy
          • Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
          • PCh Period – period of the price channel (PCh)
          • PCh Offset – offset for the PCh levels
          • ATR Period – period of the daily ATR indicator
          • Position Time Stop – max position holding time, in M5 bars
          • Hour to Stop Trading on Friday – hour to stop trading on Friday. All open positions will be closed at this hour
          • New Year Holiday Filter – on/off Christmas/New Year filter
          • TakeProfit / StopLoss, %ATR – volatility-based take profit / stop loss in %ATR
          • Hide StopLoss – on/off SL hiding
          • News Filter Enabled – on/off News Filter
          • Minutes Before/After Event – allow trading before/after the high-impact event
          Others
          • Trade Comment – comment
          • UID (0…9) – unique EA instance number. Usually no need to change it
          • ShowPanel –  on/off Info-panel
          • Disable Automatic GMT Detection – set it to ‘true’ to disable automatic GMT detection. You can use the GMT Test/Manual’ and ‘DST Test/Manual’ parameters to manually set the GMT offset in live trading.
          • GMT/DST Test/Manual – GMT offset in winter and DST
          • Allow Opening a new Trade – on/off opening new trades
          • Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
          • Fixed Lot – fixed trading lot
          • Dynamic Lot – balance/equity to be used per 0.01 lot
          • Maximum Lot – max allowed trading lot
          • Maximum Spread, in pips – max allowed spread for position closing
          • Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
          • Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
          • Maximum Net Number of Currencies – max allowed number of open trades with the same currencies (not symbols/currency pairs) in the same direction
          • Allow to Buy/Sell – on/off Buy/Sell trades
          • Allow Hedging – allow opening multi-directional trades on the same symbol
          • Minimum Free Margin % – if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones
          • Max Floating Drawdown % (in Money) – if current floating drawdown exceeds the specified % (value) the EA will close open positions
          • Max Drawdown Action – allows specifying actions to be taken after the max. drawdown is reached (in money or %)
          Strategy
          • Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
          • PCh Period – period of the price channel (PCh)
          • PCh Offset – offset for the PCh levels
          • ATR Period – period of the daily ATR indicator
          • Position Time Stop – max position holding time, in M5 bars
          • Hour to Stop Trading on Friday – hour to stop trading on Friday. All open positions will be closed at this hour
          • New Year Holiday Filter – on/off Christmas/New Year filter
          • TakeProfit / StopLoss, %ATR – volatility-based take profit / stop loss in %ATR
          • Hide StopLoss – on/off SL hiding
          • News Filter Enabled – on/off News Filter
          • Minutes Before/After Event – allow trading before/after the high-impact event
          Others
          • Trade Comment – comment
          • UID (0…9) – unique EA instance number. Usually no need to change it
          • ShowPanel –  on/off Info-panel
          • Disable Automatic GMT Detection – set it to ‘true’ to disable automatic GMT detection. You can use the GMT Test/Manual’ and ‘DST Test/Manual’ parameters to manually set the GMT offset in live trading.
          • GMT/DST Test/Manual – GMT offset in winter and DST

          [/spoiler]

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