News Stopper EA v1.01 MT4 is an Expert Advisor (EA) designed specifically to help traders manage risk around major news events. News events can lead to sharp price movements, high volatility, and slippage, making it crucial for traders to avoid trading during these times to prevent significant losses. The News Stopper EA v1.01 is likely designed to automate this process, automatically closing open positions or preventing new ones from being opened during high-impact news events.

Key Features and Functions of the News Stopper EA v1.01

1. Automatic News Event Detection

• Economic Calendar Integration: The EA likely integrates with an economic calendar, which provides scheduled dates and times for high-impact news releases (e.g., Non-Farm Payrolls, interest rate decisions, GDP reports, etc.). When a high-impact news event is approaching, the EA will automatically disable trading or close open positions to avoid exposure to volatile price movements.
• Customizable News Events: Users may be able to customize the news events that trigger the EA’s actions, such as adding or removing specific events based on their trading strategy. The EA might allow traders to specify which types of news (e.g., economic indicators, central bank announcements, or geopolitical events) should trigger a halt in trading.

2. Risk Management During News Events

• Closing Open Positions: The News Stopper EA can automatically close open trades before the news event is released. This helps to minimize potential losses from sharp market movements or high volatility that often occurs around news events.
• Preemptive Trade Blocking: The EA may prevent new trades from being opened within a defined period before a news event. This is a proactive approach to avoiding any risk during times of heightened uncertainty, reducing exposure to sudden price movements.

3. Time-Based News Filter

• News Time Window: The EA likely allows you to configure a specific time window before and after the news event when trading will be disabled. For example, you can set the EA to stop trading 15 minutes before the news release and resume trading 30 minutes after the event, allowing the market to settle down before re-engaging.
• Customizable Time Buffers: The EA could give you the flexibility to choose the duration of the time window. This way, you can tailor the EA’s operation to your risk tolerance or the specific volatility characteristics of different news events.

4. Selectable News Event Impact Levels

• High, Medium, and Low Impact News: The EA may categorize news events into different impact levels (e.g., high, medium, or low). For high-impact news (such as central bank interest rate announcements or major geopolitical events), the EA may disable trading completely. For medium-impact events, it could limit trading to lower-risk strategies or reduce position sizes.

5. Customizable News Event Calendar

• User-Defined Calendar: The EA may allow users to define their own set of news events or provide the ability to import a news calendar from a reputable source. This enables the EA to stop trading only for news events that are relevant to the trader’s strategy and goals.
• Support for Major Currency Pairs: The EA might be focused on currency pairs that are most affected by specific news events (e.g., USD pairs for US news events, EUR pairs for European data), or it might offer options to adjust the news filter by currency pair.

6. Real-Time Alerts and Notifications

• Alerts Before News Events: Some versions of the News Stopper EA may offer alerts before a news event occurs, allowing the trader to be notified in advance of the scheduled news release. This can provide traders with a reminder to close positions manually if they prefer to handle the risk themselves.
• Email and Push Notifications: The EA may send email or push notifications to alert traders when a high-impact news event is approaching, or when the EA has taken action (like closing positions or disabling new trades).

7. Resuming Trading After News Events

• Automated Re-entry: After the news event has passed and the market stabilizes, the EA can automatically resume trading. It may also allow users to configure a delay after the news event, waiting for the market to settle before reactivating trading.
• Time-Based Resume: As with stopping trades, the EA will likely provide a setting to resume trading at a specific time after the news event, such as 30 minutes or 1 hour after the news release.

8. Trade Control Features

• Order Blocking: The News Stopper EA can prevent new orders from being placed within a certain period before a news event. It could also block pending orders or stop orders from triggering during this time.
• Manual Override Option: Some traders may prefer manual control over the automated process. The News Stopper EA may offer an option to enable or disable its features at any time during the trading session. This gives traders the flexibility to choose how they wish to manage risk.

9. Broker Compatibility

• Works with Major Brokers: As a news filter, the EA is typically compatible with most MetaTrader 4 brokers. However, the effectiveness of the EA will depend on your broker’s execution speed, spreads, and slippage. Traders should choose brokers that provide fast execution and low latency during critical news releases.

10. Backtesting and Optimization

• Backtesting for News Events: Although backtesting for news events may be tricky due to the nature of real-time volatility, some versions of the EA might allow for backtesting with news data. You can test how the News Stopper EA would have reacted during past high-impact news events.
• Optimization: Traders can optimize the EA’s settings (such as the timing of when to stop trading before and after news events) to better suit their trading strategy.

11. Testing on Demo Account

• It’s important to test the News Stopper EA on a demo account before applying it to a live account. This will allow you to understand how the EA reacts to news events and ensures that it works as expected with your broker’s platform.

12. Customizable Settings

• News Stop Time: Define the period before a news event when the EA will stop trading.
• News Resume Time: Set the time after a news event that the EA will resume trading.
• News Type: Choose the types of news events that the EA will react to (e.g., high, medium, low impact).
• Symbol Settings: Select which currency pairs or instruments the EA will monitor for news-related events.

Conclusion

The News Stopper EA v1.01 for MT4 is a powerful tool designed to protect traders from the heightened volatility and unpredictable price movements that often accompany major news events. By automatically closing positions or preventing new trades during high-impact news releases, the EA allows traders to focus on other aspects of their strategy and manage their risk more effectively.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts:

• News Stopper EA v1.01 MT4.ex4

Presets

• Newfilter V1.01 USD.set

===========================================================

MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION

Telegram Channel : https://t.me/TheTradeLovers

Telegram Contact : https://t.me/TheTradeLover

Email : [email protected]m

Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13

Instant Download

Your files will be available to download once payment is confirmed.

Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.

Our Payment Options:👇

1) Bitcoin Wallet:

19osRLGdcrdKGq8HseVimFv4sPtWiVXht

2) USDT(Tether) Wallet: (ERC20)

0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0

3). USDT(Tether) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

3) TRX(Tron) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

4) XRP(Ripple): XRP Ripple

rNxp4h8apvRis6mJf9Sh8C6iRxfrDWN7AV

Memo 382047608

And another crypto wallet: on request

5) Paypal: https://PayPal.Me/thetradelovers

7) You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: [email protected]m

Payment After we will provide product within 90 minutes.

If you want any proofs of Indicator or have any questions then feel free to message

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: [email protected]m

Thank You ❤️

Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.