#mynewstrader MyNewsTrader is a powerful and fully automatic EA that trades during news times. Due its heavy customization ability you can make it trade on your own your pre-defined strategy using market, stop or limit orders, advanced targets and different trail types. It is designed to run as a 'set and forget' EA meaning you don't have to type in any event times to trade, but you can also use it as a manual trader with its on chart buttons. There is built in event scanner that will look for string matches in the news title and only trade those events it has a match for. Recommendations Choosing a good broker is critical because many brokers are widening the spread a lot during news times and that will make it a lot harder to profit during those times Use a VPS close to your broker for better fill prices and faster execution times FIFO restrictions? Change setting 'Order count per side' to 1 Signals You are not allowed to view links. Register or Login General settings Order comments Magicnumber - 0=autogenerate Broker to GMT offset hours - important! example: -2 is when gmt is 2 hours behind brokertime Maximum spread allowed - 0=any Slippage - 0=any Trade direction - choose trade directions buy sell both Order type - choose ordertype to use marketorders stoporders limitorders Ecn method - sl/tp is set after order becomes a market order Stealth orders - hide sl/tp from broker, you can also use this if your broker has minstop limitations News settings Include High impact - include high impact news Include Medium impact - include medium impact news Include Low impact - include low impact news Include USD news - include USD events even if the current symbol is non a non USD TradeEventStr - search for stringmatches in event name to trade. example "FOMC, CPI, Retail Sales". leave empty to include all events SkipEventStr - search for stringmatches in event name to not trade. example "speaks, Speaks, Conference" leave empty to disable this filter Show newstime verticle lines - show vertical lines when news times are on chart Open orders +/- seconds to newstime - create/open order this many seconds to (+) or before (-) news. example: -5 will create orders 5 seconds before newstime Trade settings Order counter per side - how many orders above and below price to create. only works if stop/limit orders are chosen First order distance/entry - how many points from price to create first pending orders. or after how many points price have to move to enter marketorder. Order to order distance - how many points between pending orders Delete pending order after seconds - all pending orders will be deleted or it will not enter marketorder after this many seconds Stoploss - 0=no stoploss Takeprofit - 0=no takeprofit First target - 0=disable first target. if disables Takeprofit is only target First target partitial close percentage - close this pecentage of active lots when first target is hit First target move to Breakeven - enable/disable move stoploss to breakeven if first target is hit Trailing distance - trailstop distance (0=disable trailstop) Trailing jump - trailstop jump/step (0=disable trailjump) Trailing candle - enable/disable last candle trail mode Trailing fractal - enable/disable fractal trail mode Trailing fractal and psar - enable/disable psar mixed with fractal. only works if fractal tail mode is enabled Trailing indicator timeframe - choose witch timeframe to get values from if candle/fractal/psar trail mode is enabled Breakeven - move stoploss to breakeven after this many points (0=disable) Breakeven jump - breakeven locks in this many points in profit (0=disable) Money management Lots method - choose lots calculation method fixed_lots margin_mm risk_mm Lots value - lots size or percentage depending on what Lots_method you have chosen Tradetime settings Daily start hour Daily stop hour Monday start hour Friday stop hour - don't create orders after this hour Friday close hour - close and delete all orders at this hour
