News Trader EA for MT4/MT5/cTrader - Free

The author's warning: this expert advisor does not trade in a fully automatic mode. It only trades based on the time and price parameters that you enter before the trade.

Its main purpose is to automate news trading based on pre-release position opening with a take-profit significantly greater than the stop-loss. It is aimed at the high volatility around economic news announcements.

The author recommends using it only on zero-spread or fixed-spread trading accounts.

Check before you use it

Test it on a demo account around a real news release before you try it live: enter the time and price parameters, watch the orders it opens before the release and check the result afterwards. The author recommends zero-spread or fixed-spread accounts, so check your account type first, because wide spreads around announcements can change the outcome.

Platforms: MetaTrader 4, MetaTrader 5, cTrader.

Source and license

Published by EarnForex.com as open source under the Apache License 2.0. TraderCommons does not host the files: the links on this page lead to the author's GitHub repository and product page. TraderCommons is not affiliated with EarnForex.

Test any trading tool on a demo account before you use it on a live one. Trading involves risk.