News Amazing EA 1.0.5
From the Old Kings archive: News Amazing EA 1.0.5, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is economic news times. It places pending orders and moves the stop behind price. It has 7 settings, for example TP (default 25), NHour (default 0) and NMin (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About News Amazing EA 1.0.5
News Amazing EA 1.0.5 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 7 settings, such as TP, N hour and N min. MQL source code included.
Files in the download: News_AmazingEA_1.0.5.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| TP | 25 | Take profit distance |
| N hour | 0 | |
| N min | 0 | |
| Be pips | 11 | |
| Trailing stop | 0 | Trailing stop distance or switch |
| Lots | 0.2 | Trade size in lots |
| Trade log | MI_Log |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: News Trading · Pending Orders · Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code