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Expert: NewsTrader_v6.4.mq4 (Unlocked – Source Code), NO MANUAL.
π 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.
π§ Key Features:
β Automated News-Based Trading
β DailyFX Calendar Integration
β Backtest & Optimize with Historical Data
β Timezone and Data Source Customization
βοΈ Backtesting & Optimization Setup:
To successfully backtest and optimize the EA:
Enable File-Based Mode
Set the following parameter:LoadFromFile = true
Prepare Historical News Data
Unpack the
DailyFX_History.zip
archive.Place the extracted files in the following directory:
../tester/files/
Configure Time Settings
Set
UseAutoTimeZone = false
Adjust the
TimeZone
parameter to reflect your broker/serverβs correct GMT offset.
Activate Historical Reading Mode
Set
ReadFromFile = true
to allow the EA to read from the historical news file during backtesting.
π 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.