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This MetaTrader 5 expert advisor is designed for news trading by managing pending orders around scheduled economic events. The robot places orders at a specific start time and dynamically shifts their distance from the market price until the news release triggers a breakout. It features a trailing stop that can be exec
News trading · MT5
News Trading
News Trading is an automated expert advisor for MetaTrader 5 that executes breakout strategies based on high-impact economic events.
GitHub stars1
Forks3
Last update1 year ago27 Apr 2025
LicenceNone stated
Overview
The EA monitors built-in calendars for major releases such as NFP, FOMC, and GDP to identify potential volatility. It analyzes price action within specific time windows before and after events to enter trades when a confirmed breakout occurs. Risk management includes manual lot sizing and stop loss protection, which can be dynamically adjusted using the Average True Range indicator to account for market volatility.
- Economic calendar integration
- ATR-adjusted stop loss levels
- Customizable event impact filtering
- Configurable pre-news and post-news windows
Details
Author
JonusNattapong on GitHub
Type
News trading
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, News
Markets
Forex, Gold
Timeframes
M1-M5, M15-H1
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 NewsTrading.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
NewsSettings | string | ==== News Trading Settings ==== | News Settings |
EnableNewsTrading | bool | true | Enable News Trading |
NewsImpact | ENUM_NEWS_IMPACT | HIGH | Minimum News Impact Level |
MinutesBeforeNews | int | 15 | Minutes to wait before news |
MinutesAfterNews | int | 30 | Minutes to wait after news |
TradeNFP | bool | true | Trade Non-Farm Payroll |
TradeFOMC | bool | true | Trade FOMC Announcements |
TradeCPI | bool | true | Trade CPI Announcements |
TradeGDP | bool | true | Trade GDP Announcements |
TradeSettings | string | ==== Trade Settings ==== | Trade Settings |
BreakoutStrategy | ENUM_BREAKOUT_STRATEGY | AFTER_CONFIRMATION | Breakout Entry Strategy |
LotSize | double | 0.1 | Lot Size |
Show all 23 inputs
| Name | Type | Default | Description |
|---|---|---|---|
StopLoss | int | 100 | Stop Loss in points |
TakeProfit | int | 200 | Take Profit in points |
BreakoutPips | int | 20 | Breakout confirmation (pips) |
MaxSlippage | int | 10 | Maximum allowed slippage in points |
TimeframeSettings | string | ==== Timeframe Settings ==== | Timeframe Settings |
AnalysisTimeframe | ENUM_TIMEFRAMES | PERIOD_M15 | Analysis Timeframe |
EntryTimeframe | ENUM_TIMEFRAMES | PERIOD_M5 | Entry Timeframe |
VolatilitySettings | string | ==== Volatility Settings ==== | Volatility Settings |
UseATR | bool | true | Use ATR for SL/TP adjustment |
ATRPeriod | int | 14 | ATR Period |
ATRMultiplier | double | 2.0 | ATR Multiplier for SL/TP |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone JonusNattapong/NewsTrading 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, and any .mqh files into the Include folder the code expects.
- 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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