News Trapper EA

The News Trapper EA is a highly secure and dependable forex software designed for automated trading. With its advanced features and robust performance, this expert advisor (EA) ensures stable trading results. It is specifically programmed to focus on high impact news events and interest rate changes, making it an ideal tool for traders who want to capitalize on market volatility.

Key Features

The News Trapper EA stands out for its simplicity and ease of use. It does not employ risky strategies such as martingale or grid trading, ensuring the safety of your investments. The program comes with flexible settings, allowing you to customize it according to your trading preferences. However, it should be noted that the EA cannot be tested in the strategy tester and requires real-time market conditions to function optimally.

How It Works

To use the News Trapper EA, you need to add the news site URL to the list of allowed URLs in the terminal settings. This can be done by clicking on Tools > Options > Expert Advisors and checking the option “Allow Web Requests for listed URL.” The recommended news site URL for this EA is https://nfs.faireconomy.media/. Additionally, you need to open six charts and attach the EA to GBPUSD, EURUSD, NZDUSD, USDCAD, AUDUSD, and USDCHF charts of any timeframe.

It is recommended to use a VPS (Virtual Private Server) for optimal performance. The EA works well with different balance levels, with the recommended settings being $1000 balance and 0.1 lot size or $100 balance and 0.01 lot size. The set files for the EA can be found in the comments section of the product description.

FAQ

Can I test the News Trapper EA in the strategy tester?

No, the News Trapper EA cannot be tested in the strategy tester. It requires real-time market conditions to function properly.

Where can I find more information about the parameters and settings of the EA?

You can find a detailed description of all parameters and settings of the News Trapper EA in the following link: https://www.mql5.com/en/blogs/post/749662.

Is there any independent testing available for this product?

Yes, independent testing of the News Trapper EA can be found on the forexroboteasy.com website. You can visit the website to watch the testing results and subscribe for updates on the performance of this product.

Conclusion

The News Trapper EA is a reliable and secure forex software that offers automated trading based on high impact news events and interest rate changes. With its stable performance and user-friendly interface, it provides traders with an efficient tool to capitalize on market opportunities. If you are looking for a safe and reliable forex software, the News Trapper EA is worth considering.

We invite you to share your experience of using the News Trapper EA and discover how it can enhance your trading strategies.