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
Strategy Meta News
This MetaTrader 5 expert advisor acts as a news-based controller that executes various trading strategies according to economic news impact.
GitHub stars1
Forks1
Last update2 years ago25 Aug 2024
LicenceNone stated
Overview
Built on the EA31337 framework, the robot utilizes embedded historical news data ranging from 2018 to 2024 to determine market conditions. It supports operations across multiple timeframes, specifically from M15 up to H8. The EA manages trade entries and logic dynamically, while risk controls and position management are inherited from the underlying framework components. Users can monitor activity through an on-chart information display and adjustable logging levels.
- Dynamic strategy selection based on news impact
- Multi-timeframe analysis from M15 to H8
- Embedded multi-year news data resources
- Integrated EA31337 framework architecture
Details
Author
EA31337 on GitHub
Type
News trading
Platform
MetaTrader 5 (MQL5)
Strategy
News
Markets
Any symbol
Timeframes
M15-H1, H4 and above
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 Stg_Meta_News.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Log_Level | ENUM_LOG_LEVEL | V_INFO | Log level. |
Info_On_Chart | bool | true | Display info on chart. |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone EA31337/Strategy-Meta_News 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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