News Catcher Pro V4.24
(1 customer review)

USD  12

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Product Published or Updated on June 9, 2024

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Description

News Catcher Pro V4.24

Master Market Volatility with News Catcher Pro V4.24

Introducing News Catcher Pro V4.24, a state-of-the-art Expert Advisor (EA) designed to capitalize on intraday seasonal volatility patterns caused by high-impact news events. This mean-reversion strategy enters the market at precise moments, shortly before major news events, ensuring maximum profit potential with minimal trading frequency. Perfect for traders who value precision and strategic entry points, News Catcher Pro is the ultimate tool for mastering market volatility.

Key Features and Benefits

One Chart Setup: Simplify your trading process with News Catcher Pro’s one chart setup, allowing you to trade all supported symbols from a single chart. This feature is designed for convenience and efficiency, ensuring that you can manage your trades with ease.

Multiple Currency Pair Support: News Catcher Pro V4.24 supports a range of major currency pairs, including GBPUSD, EURUSD, and EURGBP. This versatility allows you to diversify your trading strategy and maximize your profit potential across different markets.

Advanced News Filter: The EA’s advanced news filter can be used in the Strategy Tester, enabling you to backtest your strategies with the most accurate data. This filter helps you avoid trading during undesirable market conditions, ensuring that your trades are placed at optimal times.

Auto GMT Detection and Self-Diagnostic System: With automatic GMT detection, News Catcher Pro adjusts to your broker’s server time seamlessly. The self-diagnostic system ensures that the EA is running smoothly, providing you with peace of mind and reliable performance.

Solid Backtest and Live Performance: Rigorous backtesting from 2017 to 2024 demonstrates the EA’s reliability and consistent profitability. This proven performance gives traders confidence in its ability to deliver results in live trading conditions.

Requirements

To ensure optimal performance, News Catcher Pro V4.24 should run on a VPS continuously. A good ECN broker is preferable to take advantage of the low spreads and fast execution speeds necessary for this strategy.

Settings and Customization

Allow Opening a New Trade: Toggle this setting on or off to control the opening of new trades.

Lot-sizing Method: Choose your preferred lot-sizing method based on your risk tolerance: Fixed Lots, Dynamic Lots, or Max Risk per Trade. This flexibility allows you to tailor your trading strategy to your personal risk preferences.

Fixed Lot: Specify the fixed trading lot size.

Dynamic Lot: Set the balance/equity to be used per 0.01 lot.

Maximum Lot: Define the maximum allowed trading lot size.

Maximum Spread: Set the maximum allowed spread for position closing in pips.

Maximum Slippage: Define the maximum slippage allowed for non-ECN accounts in pips.

Maximum Symbols at a Time: Specify the maximum number of symbols that can be opened simultaneously.

Maximum Net Number of Currencies: Set the maximum number of open trades with the same currencies in the same direction.

Allow to Buy/Sell: Toggle on or off to control Buy/Sell trades.

Allow Hedging: Enable or disable multi-directional trades on the same symbol.

Minimum Free Margin %: If the free margin percentage falls below the specified value, the EA will not place new pending orders and will cancel existing ones.

Max Floating Drawdown %: Set the maximum allowed floating drawdown in percentage or money terms. Exceeding this limit will trigger the closure of open positions.

Max Drawdown Action: Define actions to be taken once the maximum drawdown is reached.

Strategy Settings: Customize your strategy with settings like PCh Period, PCh Offset, ATR Period, Position Time Stop, Hour to Stop Trading on Friday, New Year Holiday Filter, and more. These settings allow for extensive customization to suit your trading style.

News Filter Settings: Control trading activities around high-impact news events with the News Filter. Specify the minutes before and after the event during which trading is allowed.

Other Settings: Additional customization options include Trade Comment, UID, ShowPanel, Disable Automatic GMT Detection, GMT/DST Test/Manual, and more. These settings provide comprehensive control over the EA’s behavior and performance.

Conclusion

News Catcher Pro V4.24 is a sophisticated, fully automated Expert Advisor designed to leverage high-impact news events for profitable trading. Its mean-reversion strategy, combined with advanced features and extensive customization options, makes it an essential tool for traders looking to capitalize on market volatility. Whether you’re an experienced trader or new to the market, News Catcher Pro offers a reliable and efficient way to enhance your trading strategy and achieve consistent results.

Feature Description
Platform Compatibility MT4
Supported Currency Pairs GBPUSD, EURUSD, EURGBP
Timeframe M5
News Filter Advanced News Filter
Auto GMT Detection Yes
Self Diagnostic System Yes
VPS Requirement Yes
ECN Broker Preferable
Minimum Free Margin % Specified by user
Max Floating Drawdown % Specified by user

Brand

EA MT4

Refund

Refund and Replacement Policy

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1. Digital Product Nature: Our products are exclusively digital, encompassing downloadable software, e-books, templates, and other digital content. As these products are intangible and delivered electronically, physical returns are not applicable.

2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.

3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.

4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.

5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.

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Install

The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).

This is the easiest type of installation for Expert Advisors.

This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.

Copy the EA folder content from your product to the EA folder of your MT4 installation.

 

Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.

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1 review for News Catcher Pro V4.24

  1. admin (store manager) –

    Great EA, recommended

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