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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 ยท MT5
News Detector
This MetaTrader 5 utility monitors upcoming economic events by reading news data from a local binary file.
GitHub stars1
Forks0
Last update1 year ago17 Mar 2025
LicenceNone stated
Overview
News Detector functions as a notification tool that alerts the user via the terminal log before a scheduled event occurs. The software identifies market holidays by checking forecast and actual values and cycles through a chronological event list automatically. It includes adjustable parameters for the notification lead time and the delay before switching to the subsequent event. The repository is minimal with no documentation or trade execution capabilities.
- Automated economic event monitoring
- Pre-event terminal notifications
- Market holiday detection logic
- Configurable notification and delay timers
Details
Author
vestorfinance on GitHub
Type
News trading
Platform
MetaTrader 5 (MQL5)
Markets
Any symbol
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
Input parameters
Read from news-detector.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
NotifyBeforeSeconds | int | 300 | Announce 5 minutes before event time |
AfterEventDelay | int | 60 | 1 minute after event time to switch to next event |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone vestorfinance/news-detector from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 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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