Tools MT5 NewsTrading(MT5)
776
Applicable Platform
Applicable productsAll Symbol
Last Updated Time2025-03-25
Authorization cyclePermanent
Backtesting data does not represent future performance
This strategy is primarily designed for trading during news events by placing pending orders in advance.
USD 0.99 USD 280.00 648 people paid
I agree to《Risk Agreement》
EA Description
EA Name
NewsTrading
Features
News breakout trading.
Functions
1. This strategy is a news event-based trading strategy.
2. BuyStop and SellStop orders are placed before the news is released.
3. The time for placing orders in advance and the order expiration time can be set.
4. Stop loss and take profit can be set for orders, with 0 indicating deactivation.
5. When a position is opened in one direction, orders in the opposite direction can be deleted.
6. The distance for pending orders can be set based on the Bid price at the time of order placement.
7. Users must set position size, stop loss, and take profit according to their risk preferences.
Suitable Markets
News-driven markets
Parameter Explanation
Lots: Position size.
News start time: Set the time of the news event.
Advance order placement in minutes: Number of minutes to place orders before the news event.
Order expiration in minutes: Expiration time for pending orders.
Order distance in points: Distance of pending orders from the Bid price at the time of order placement.
Cancel the other pending order after execution: Whether to delete orders in the opposite direction after execution (true means delete).
Stoploss points: Stop loss points (0 means deactivated).
Takeprofit points: Take profit points (0 means deactivated).
Trading_MAGIC: EA Magic number.
Investment Advice - Risk Warning
This strategy is a tool and requires testing based on the user's market predictions.
Test Details
This strategy is a tool.