Amazing Forex Expert Advisor is not a typical trading robot that relies on fixed technical strategies to trade continuously. Instead, it is a powerful news trading EA specifically designed to capitalize on high-impact Forex news events such as interest rate decisions, economic reports, and major announcements.

This automated breakout system places smart pending orders around key price levels before a scheduled news release, aiming to catch strong market volatility while controlling risk through predefined stop-loss, take-profit, breakeven, and trailing stop features.

Amazing EA is fully compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

How Amazing Forex EA Works
The EA follows a structured six-step trading process:

Pre-news market analysis
A set number of seconds before the news release (SecBPO), the EA calculates recent high and low price levels using the range of the latest candles (CTCBN + 1).

Smart pending order placement

• A Buy Stop order above the recent high with stop-loss and take-profit
• A Sell Stop order below the recent low with predefined risk levels

Dynamic adjustment
Pending orders are continuously updated based on changing price highs and lows until a specified time before the news (SecBMO).

OCO protection (One Cancels Other)
Once one order is triggered, the opposite pending order is automatically removed.

Post-news cleanup
Any remaining pending orders are deleted a set time after the news release (STWAN).

Automated trade management
The EA manages open trades using breakeven and trailing stop features to lock in profits and reduce risk.

Important Note
Due to the nature of news trading, backtesting results are not reliable or included. This EA is best suited for traders who focus on fundamental analysis and high-volatility market events rather than traditional technical strategies.

Input Parameters Overview

Main Settings

• NewsDateTime – Date and time of the scheduled news event
• TP – Take-profit in pips (default: 20)
• CTCBN – Number of candles used to calculate high/low ranges
• SecBPO – Seconds before news to place pending orders
• SecBMO – Seconds before news to stop modifying orders
• STWAN – Seconds after news to delete untriggered orders
• OCO – Cancels opposite order after one is triggered
• BEPips – Profit in pips to move stop-loss to breakeven
• TrailingStop – Trailing stop distance in pips

Money Management

• MM – Enable automatic lot sizing
• RiskPercent – Risk percentage of free margin
• Lots – Fixed lot size if MM is disabled

Miscellaneous

• Slippage – Maximum acceptable slippage
• TradeLog – Log file name prefix
• Commentary – Trade comment label

Conclusion
Amazing Forex Expert Advisor offers a fully automated solution for traders who want to profit from high-impact news volatility while maintaining strict risk control. With smart breakout logic, real-time order adjustments, and flexible money management, this EA is a powerful tool for serious Forex news traders on MT4 and MT5.
 

Password:forexsignalpro.net

⚠ Disclaimer: Always test the robot on a demo account before using real money. Trading involves risk.