Note: If you have any problems with the download, please contact us via Telegram or by email, and good luck with your financial transactions.
Telegram:https://t.me/masterytrader2013
Email:[email protected]
Our website assures that if you have purchased any resources from us within the past 6 months and are unable to use them due to updates in the MT4/MT5 versions, you can contact us at any time and provide your purchase proof. We will offer you equivalent resources free of charge on our website.
https://www.myfxbook.com/members/MischenkoValeria/news-catcher-pro/10429901
Product Catalog
Vendor website:https://www.mql5.com/en/market/product/72439
Product List
+ Expert :
- News Catcher Pro_V4.24_fix.ex4 (Unlocked-NoDLL)
+ Set
- │ NCP_Default.set
│ NCP_Trail_ProfLimit.set
│ NCP_Trail_ProfLimit_AddTrades_Hedging.set
+ Document
- NO
Products Introduction
News Catcher Pro EA is a mean reversion strategy that uses seasonal intraday volatility patterns caused by high-impact news events. News Catcher Pro EA enters the market at a certain time right before a high impact news event occurs. Just one chart to trade all the symbols, it supports recommended trading currency pairs and timeframes, backtesting and solid live performance plus advanced news filter functionality high (can be used in Strategy Checker), auto detect GMT. What’s more special is that it doesn’t trade often!
Key Takeaways:
- News Catcher Pro EA is a trading robot that utilizes intraday seasonal volatility patterns caused by high-impact news events
- The EA supports multiple currency pairs and has a solid backtest and live performance
- It offers advanced features such as an auto GMT detection, self-diagnostic system, and an advanced news filter.
News Catcher Pro EA Features
- Compatible with the platform Meta Trader 4
- Supported currency pairs: GBPUSD, EURUSD, EURGBP
- Timeframe: M5
- News Catcher Pro EA is FIFO compatible
- Advanced News Filter(can be used in Strategy Tester)
- Auto GMT detection
- Self Diagnostic System
Signals News Catcher Pro EA: https://www.mql5.com/en/signals/1849794?source=Unknown
News Catcher Pro EA Setting
- The EA must be attached to ONLY one M5 chart, EURUSD is recommended
- If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
- Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA
- Please allow web requests to the following URLs for news filter and GMT detection (delete spaces)
- https://ec.forexprostools.com
- https://www. worldtimeserver.com
- http://timesrv.online
- Allow Opening a new Trade – on/off opening new trades
- Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lotswill use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
- Fixed Lot – fixed trading lot
- Dynamic Lot – balance/equity to be used per 0.01 lot
- Maximum Lot – max allowed trading lot
- Maximum Spread, in pips – max allowed spread for positionclosing
- Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
- Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
- Maximum Net Number of Currencies – max allowed number of open trades with the same currencies (not symbols/currency pairs) in the same direction
- Allow to Buy/Sell – on/off Buy/Sell trades
- Allow Hedging – allow opening multi-directional trades on the same symbol
- Minimum Free Margin % – if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones
- Max Floating Drawdown % (in Money) – if current floating drawdown exceeds the specified % (value) the EA will close open positions
- Max Drawdown Action – allows specifying actions to be taken after the max. drawdown is reached (in money or %)
News Catcher Pro EA Strategy
- Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
- PCh Period – period of the price channel (PCh)
- PCh Offset – offset for the PCh levels
- ATR Period – period of the daily ATR indicator
- Position Time Stop – max position holding time, in M5 bars
- Hour to Stop Trading on Friday – hour to stop trading on Friday. All open positions will be closed at this hour
- New Year Holiday Filter – on/off Christmas/New Year filter
- TakeProfit / StopLoss, %ATR – volatility-based take profit / stop loss in %ATR
- Hide StopLoss – on/off SL hiding
- News Filter Enabled – on/off News Filter
- Minutes Before/After Event – allow trading before/after the high-impact event