NewsTrader Ea (Source Code)

$9.00

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

Verified Purchase

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Price: $9.00

Expert: NewsTrader_v6.4.mq4 (Unlocked – Source Code), NO MANUAL.

 

πŸ“Š News Trader EA β€” Powered by DailyFX Financial Calendar

News Trader EA is a powerful expert advisor specifically designed to trade around high-impact news events using the DailyFX Financial Calendar. This EA can be both live-traded and backtested, offering flexibility and precision for traders who want to capitalize on market volatility during economic news releases.

🧠 Key Features:

  • βœ… Automated News-Based Trading

  • βœ… DailyFX Calendar Integration

  • βœ… Backtest & Optimize with Historical Data

  • βœ… Timezone and Data Source Customization

βš™οΈ Backtesting & Optimization Setup:

To successfully backtest and optimize the EA:

  1. Enable File-Based Mode
    Set the following parameter:

    • LoadFromFile = true

  2. Prepare Historical News Data

    • Unpack the DailyFX_History.zip archive.

    • Place the extracted files in the following directory:
      ../tester/files/

  3. Configure Time Settings

    • Set UseAutoTimeZone = false

    • Adjust the TimeZone parameter to reflect your broker/server’s correct GMT offset.

  4. Activate Historical Reading Mode

    • Set ReadFromFile = true to allow the EA to read from the historical news file during backtesting.

πŸ“Œ Important Notes:

  • Backtesting with the correct timezone and data file setup ensures more realistic performance evaluation.

  • The EA automatically adjusts for past economic releases, making it a reliable tool for forecasting news-based price movements.

  • Ensure the news file is always up-to-date if you are regularly running new backtests.

Master the news. Trade with precision.
Use News Trader EA to stay one step ahead during volatile market moments.

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