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News Catcher Pro

Find the Right Edition That Fits You
Scalperology Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
30-Day Profit: 0%
7-Day Profit: 0%
Support: 24ั…7 via Telegram
Test it Free๐Ÿš€
Breakopedia Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 0%
7-Day Profit: 0%
Support: Developer
Test it Free๐Ÿš€

What is News Catcher Pro?

  • News Catcher Pro is an advanced expert advisor designed for trading news events.
  • It utilizes economic data from calendars like those provided on mql5.com.
  • The EA can automatically open pending and market orders based on the news data.
  • It is capable of trading various symbols, including commodities like Gold and Oil.

    • Trading Strategies

  • Strategy 1 involves opening pending orders above and below the current price prior to news releases.
  • Strategy 2 focuses on evaluating the actual data versus forecasts after release and placing market orders accordingly.
  • Both strategies can be used simultaneously for a more dynamic approach to trading news events.

    • Key Features

  • Automatic download of the economic calendar to stay updated with important events.
  • It correctly applies stored strategy settings to each economic event.
  • Offers full automation capabilities, allowing traders to minimize manual interventions.
  • Tracks high-volatility events like CPI, GDP, and Nonfarm Payrolls to trigger trades at optimal moments. ๐Ÿš€

    • User Experience

  • Traders have reported that the flexibility in setting up events enhances their trading strategies.
  • Users can adjust event settings easily and the EA remembers these settings for future use.
  • Performance can be monitored closely, with outcomes reflecting the volatility associated with high-impact news. ๐Ÿ“ˆ

    • Considerations

  • Trading during major news events can lead to increased risks due to high volatility, including slippage and wider spreads.
  • While the automation of the EA is highly beneficial, traders should regularly review upcoming events for effective strategy refinement.
  • It may not be the best approach for every trader, as some still prefer manual trading during news releases for better control. ๐Ÿ˜…
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