News Trader is a semi-automatic expert advisor for MetaTrader 4 and MetaTrader 5 designed to execute trades around high-volatility economic announcements. Users manually input the scheduled news release time, and the robot opens positions a specified number of seconds before the event. It supports single-direction trad
News trading · MT4
Forex News Killer
Forex News Killer is a protective utility for MetaTrader 4 designed to manage market exposure during high-impact economic events.
GitHub stars4
Forks2
Last update3 weeks ago12 Oct 2026
LicenceNone stated
Overview
Forex News Killer monitors external news calendars and automatically intervenes by closing open positions, deleting pending orders, or disabling the platform's global algorithmic trading button. The EA offers granular control, allowing users to filter events by impact level, currency, or specific keywords like Non-Farm Payrolls. It provides visual chart markers for upcoming events and includes options to close trades only when they reach a minimum profit threshold before the news release.
- Automated news calendar integration
- Pre-news position and pending order closure
- Global algorithmic trading toggle control
- Keyword and impact level filtering
- Visual news event chart markers
Details
Author
DodsonPeek on GitHub
Type
Platform
Markets
Forex
Timeframes
Any timeframe
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA Files
Topics
automationexpert-advisorfinanceforexforex-botforex-newsmql4mt4news-filternews-scrapertrading
Input Parameters
Read from ForexNewsKillerEA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
info1 | string | ------- NEWS SETTINGS ------- | |
news_link | string | https://nfs.faireconomy.media/ | |
min_before | int | 5 | Close trades X minutes before news |
min_before_zero | int | 60 | Close at profit X minutes before |
min_after | int | 45 | Wait X minutes after news |
include_high | bool | true | High impact news |
include_medium | bool | false | Medium impact news |
include_low | bool | false | Low impact news |
use_title | bool | true | Filter by title |
title_phrase | string | Non-Farm,Unemployment,ISM,PMI,CPI,FOMC,Retail Sales,GDP,PCE, | |
news_update_hour | int | 2 | Update news every X hours |
symbol_type | currencies | type1 | Auto or Custom |
Show all 29 inputs
| Name | Type | Default | Description |
|---|---|---|---|
news_symbols | string | USD,EUR,GBP,JPY,CAD,CHF | |
close_only_news_pair | bool | false | |
draw_news_lines | bool | true | |
Line_Color | color | clrRed | |
Line_Style | ENUM_LINE_STYLE | STYLE_DOT | |
Line_Width | int | 1 | |
info2 | string | ------- ORDER MANAGEMENT ------- | |
stop_algo | bool | true | Stop auto trading |
close_open | bool | true | Close open trades |
close_pending | bool | true | Delete pending orders |
close_zero | bool | true | Close at break-even |
close_profit | double | 1 | Min profit ($) |
close_charts | bool | false | Close all charts |
info3 | string | ------- NOTIFICATIONS ------- | |
send_notif | bool | true | |
send_alert | bool | true | |
delay | int | 5 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone DodsonPeek/forex-news-killer from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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