EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT4 · MT5
News Trading EA
News Trading EA is a volatility-capture robot for MetaTrader 4 and MetaTrader 5 designed to trade high-impact economic events.
GitHub stars3
Forks0
Last update3 years ago4 Aug 2023
LicenceNone stated
Overview
The EA places simultaneous buy stop and sell stop orders at a specific user-defined time before news releases. Once one order triggers, the robot is designed to close the opposite pending order. It includes risk controls such as target profit in pips and a risk management function that monitors the account balance to close losing trades at a one or two percent threshold.
- Simultaneous buy and sell stop orders
- Time-based entry execution
- Configurable pip offset for pending orders
- Account balance risk percentage filter
Details
Author
Badzoneyv4n on GitHub
Type
Trading robot
Platform
Strategy
Markets
Forex
Timeframes
M1-M5
Risk Profile
- Trades without a fixed stop loss
EA Files
Input Parameters
Read from NewsTrading.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StartTime | string | 05:29:50 | Time to place trades |
Pipdiff | string | 5 | Pip difference |
TargetProfit | string | 10 | Target Profit in pips |
StopLoss | string | 0 | Stop Loss in pips |
Number_trades | int | 0 | How many trades 0 = 2trades, 2= 4 trades, 4 = 6 trades |
rsk | int | 1 | Risk 1% or 2% Per trade |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Badzoneyv4n/NewsTrading from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .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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