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 · MT5
Semi-Automated News Trading System
This semi-automated expert advisor facilitates trading around high-impact economic events by bridging Python and MetaTrader 5.
GitHub stars1
Forks0
Last update1 year ago1 May 2025
LicenceNone stated
Overview
A Python-based scraper collects macroeconomic data from Trading Economics, allowing users to filter events and manually input trading directions via a graphical interface. The MetaTrader 5 component then monitors the schedule and executes orders based on these user-defined signals. It includes risk management features such as take profit, trailing stops, percentage-based lot sizing, and a maximum position duration. Note that the system requires manual direction input before events and defaults to no stop loss.
- Python-based economic calendar scraper
- Manual signal input via GUI
- Bridge between Python and MQL5
- Automated trailing stop management
- Percentage-based risk lot sizing
Details
Author
Mathis-Royer on GitHub
Type
News trading
Platform
MetaTrader 5 (MQL5)
Strategy
News
Markets
Forex, Indices, Gold
Timeframes
Any timeframe
Risk profile
- Trades without a fixed stop loss
EA files
Input parameters
Read from CalendarTrading-V0.6.2.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StopLoss | int | 0 | |
Takeprofit | int | 800 | |
RiskPercentage | double | 0.3 | |
maxTimeOpenPosition | int | 8 | |
maxTotalMarge | int | 100 | |
Trailing_Stop_Points | int | 15 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Mathis-Royer/Semi-Automated-Economic-News-Trading-System 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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