Revolutionize Your Trading with Newstrader_v5 – A Powerful Forex EA!

Unleash the potential of your trading journey with the Newstrader_v5 Expert Advisor (EA), a cutting-edge Forex Robot designed to elevate your trading experience. Our forex EA leverages advanced algorithms to navigate the dynamic forex market, ensuring optimal performance and consistent results.

Named newstrader_v5, this EA has undergone rigorous testing on leading brokers, including LQDFX and FXOpen. Dive into the world of automated trading and watch as this powerful tool transforms your strategy with precision and efficiency.

Say goodbye to manual trading hassles and embrace the future of forex trading. Elevate your profits, minimize risks, and stay ahead of market trends with newstrader_v5 your key to unlocking unparalleled trading success.

Download now and witness the difference. Your journey to forex prosperity begins here.

Profit Potential with NewsTrader_v5 EA with suggested settings.

The EA's strategy revolves around trading before and after economic news events. It can place pending orders (BuyStop and SellStop) with specified gaps from the current price, and it offers the option to trail these orders with a trailing stop.

Key Functions and Features:

NewsTrader_v5 is a fully automated trading tool that can open and manage trades for you.
It reads economic news events from a specified calendar file (e.g., "Calendar0207.txt") and analyzes the impact of these events on currency pairs.
You can configure the lot size (Lots) and choose between fixed lot size or money management based on risk (MM).
You can set parameters for time gaps between news events (TimeGap), order duration time (OrderDuration), session end time (SessionEnd), and Friday end time (FridayEnd).
You can filter news events by currency pairs (USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD) and their rating (MaxRating and MinRating).
You can set stop loss (InitialStop), take profit (TakeProfit), and trailing stop (TrailingStop) levels for your trades.
There's an option to set a breakeven level (BreakEven) for your trades.
You can choose to display lines and text on the chart to visualize news events and trading activities (DisplayLine and DisplayText).

Setting Up the EA:

Ensure you have the "Calendar0207.txt" file or any other suitable economic calendar file.
Set your desired parameters in the EA's input settings, including lot size, time gaps, filters, and trading preferences.
Attach the EA to the chart of the currency pair you want to trade.
The EA will automatically read news events from the calendar file and execute trades based on your settings.

Adjustable parameters for the NewsTrader_v5 EA:

Magic: An identifier to distinguish EA's trades.
Slippage: Maximum allowed slippage for trade execution.
Lots: The fixed lot size for trading.
TimeZone: The time zone difference between the server and local time.
TimeGap: Time gap between news events and order open time.
OrderDuration: Duration of pending orders in minutes.
ProcessTime: Time for order processing in minutes.
SessionEnd: Time when the trading session ends.
FridayEnd: Time when trading ends on Fridays.
OrdersNum: Number of pending orders from one side.
PendOrdGap: Gap for pending orders from the current price in pips.
OrdersStep: Step between pending orders in pips.
DelOpposite: Switch to delete opposite orders.
TrailOpposite: Switch for trailing opposite orders.
TakeProfit: Take profit in pips.
TrailingStop: Trailing stop in pips.
InitialStop: Initial stop loss in pips.
BreakEven: Breakeven in pips.
DisplayLine: Option to display lines on the chart for visualization.
DisplayText: Option to display text on the chart for visualization.
USD: Enable/disable filtering for USD currency.
EUR: Enable/disable filtering for EUR currency.
GBP: Enable/disable filtering for GBP currency.
JPY: Enable/disable filtering for JPY currency.
AUD: Enable/disable filtering for AUD currency.
CAD: Enable/disable filtering for CAD currency.
CHF: Enable/disable filtering for CHF currency.
NZD: Enable/disable filtering for NZD currency.
MaxRating: Maximum rating filter for news events.
MinRating: Minimum rating filter for news events.
MM: Enable/disable money management.
MaxRisk: Risk factor for money management.
LossMax: Maximum loss by 1 lot for money management.

Here's a suggested setting for the NewsTrader_v5 EA:

Currency Pair: EUR/USD
Time Frame: 1-hour (H1)
Minimum Budget: $1,000
EA Parameters:

Magic: 55555
Slippage: 6
Lots: 0.1
TimeZone: 0
TimeGap: 5
OrderDuration: 15
ProcessTime: 2
SessionEnd: 24
FridayEnd: 23
OrdersNum: 1
PendOrdGap: 20
OrdersStep: 10
DelOpposite: 0
TrailOpposite: 0
TakeProfit: 100
TrailingStop: 0
InitialStop: 50
BreakEven: 0
DisplayLine: False
DisplayText: False
USD: True
EUR: True
GBP: True
JPY: True
AUD: True
CAD: True
CHF: True
NZD: True
MaxRating: 3
MinRating: 1
MM: False
MaxRisk: 0.05
LossMax: 0

Please note that these settings are for reference purposes only. It's important to backtest any trading strategy, including EA settings.

Share

Facebook Twitter Print Pinterest Gmail Email App