Introduction
News Trader EA is a powerful MetaTrader Expert Advisor designed to help Forex traders profit from volatility during major economic news releases. It automates a news trading strategy while still allowing full control over risk management and trade direction.

Unlike fully hands-off robots, News Trader EA requires traders to specify the exact news release time and preferred stop-loss and take-profit levels. For advanced users, the EA also supports ATR-based dynamic risk management, automatically adjusting SL and TP based on market volatility.

The EA is compatible with MT4, MT5 providing flexible position sizing for both fixed and risk-based trading styles.

How It Works
Before a scheduled news event, News Trader EA opens one or two trades (Buy, Sell, or both by default). It automatically sets stop-loss and take-profit levels according to user inputs or ATR volatility calculations.

Key operational features include:

• Opens trades seconds before news release
• Adjusts SL & TP dynamically before the announcement (optional)
• Applies breakeven or trailing stop after price movement
• Automatically closes trades after a defined time period

This ensures tight risk control while capturing fast market moves caused by economic announcements.

Position Sizing Options
News Trader EA supports two professional money management modes:

• Fixed lot size trading
• Risk-based position sizing using percentage or cash risk

This allows traders to scale safely regardless of account size.

ATR-Based Smart Risk Management
The EA can calculate stop-loss and take-profit levels using the Average True Range (ATR) indicator:

• Automatically adapts to market volatility
• Uses customizable multipliers for SL and TP
• Ideal for unpredictable news-driven price spikes

No Backtesting
Due to the unique nature of news events and broker execution differences, traditional backtesting is not supported. This is standard for most professional news trading systems.

Main Trading Parameters (Highlights)

• NewsTime – Exact release time
• StopLoss & TakeProfit (or ATR-based)
• Trade direction: Buy, Sell, Both, or Random
• Trailing Stop & Breakeven options
• Spread protection filter
• Automatic close after news event

Money Management Features

• Fixed lot size
• Percentage risk per trade
• Cash risk per trade
• Equity or balance based calculations

Built for professional risk control.

Built-In News Countdown Timer
The EA includes a visual countdown timer on the chart so traders always know when the next news release is approaching.

Best News to Trade
News Trader EA performs best on high-impact economic events such as:

• Interest rate decisions
• Central bank statements & minutes
• CPI & inflation data
• Employment reports (NFP)
• GDP releases

The stronger the news impact, the better the volatility potential.

Recommended Currency Pairs
Best used on highly liquid pairs:

• EUR/USD
• GBP/USD
• USD/CAD
• NZD/USD

Avoid exotic pairs due to spread spikes and slippage.

Important Risk Notes
Possible higher losses may occur due to:

• Price gaps after news releases
• Spread widening
• Both Buy & Sell positions hitting stop-loss

These are natural risks of news trading and should be managed with proper lot sizing.

Why Choose News Trader EA?

• Designed specifically for news volatility
• Professional risk management tools
• ATR smart automation
• Works on MT4, MT5
• Fully customizable strategy control

Optional Short Summary (for website “Summary” field)
News Trader EA is an advanced automated trading system for Forex news events, designed to capture high-volatility price movements with smart risk management, ATR-based stop levels, and flexible position sizing on MT4, MT5.

Password:forexsignalpro.net

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