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Automatic Forex News Trader EA (MT4)

    The Automatic Forex News Trader EA for Metatrader 4 will trade high/medium/low impact news events fully automated for you.

    You can set your own news trade preferences in the EA’s inputs section.

    How Does It Work?

    The EA will place pending orders in both buy/sell directions just before the news release.

    When the order (s) is executed, it will add a stop loss and take profit order.

    In essence, the Automatic Forex News Trader EA takes advantage of market momentum.

    You can rake in many pips! The Forex robot made an amazing 56.78% monthly gain so far.

    The news trader robot will work best on the major currency pairs.

    As always, please try the EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.

    Free Download

    Download the “News Trader EA v1.4.1.ex4” expert advisor

    Track Record 

    Find below the detailed strategy tester report for the Automatic Forex News Trader EA (click on the picture for full size view).

    • Absolute gain: +1,643.08%
    • Monthly gain: 56.78%
    • Profit: $91,478.61

    Chart Example

    The picture below shows the Automatic Forex News Trader robot attached to British Pound / U.S. Dollar 15-minute chart.

    Recommendations & Specifications

    • Works best for the major currency pairs
    • Any time frame works
    • Does not use risky trading strategies
    • Minimum account balance: $250
    • Demo account: Yes
    • Real account: Yes
    • Trading platform: Metatrader 4

    Input Parameters & Settings

    The following input parameter values can be modified by accessing the EA’s “Inputs” tab:

    Magic number, broker GMT offset, seconds before news to set pending orders, pending distance from market price, seconds after news to delete untriggered orders, lot size, risk percentage, take profit, stop loss, move to break-even, trailing stop, trailing stop trigger, max. spread, max. slippage pips, news filters, high impact news, medium impact news, low impact news, alerts

    Download This Expert Advisor

    Download the “News Trader EA v1.4.1.ex4” EA

    How to install and run the Automatic Forex News Trader EA?

    • Open the Metatrader 4 platform
    • From the top menu, click on “File”
    • Now click on “Open Data Folder”
    • Open the “MQL4” folder
    • Open the “Experts” folder
    • Copy the News Trader EA v1.4.1.ex4 file here
    • Then close and restart the MT4 platform
    • Attach the expert advisor to the chart

    Now, you are ready to start using the Automatic Forex News Trader EA!