News Catcher Pro EA – Professional News Trading & Mean Reversion Expert Advisor

News Catcher Pro EA is a professional automated Forex Expert Advisor designed to capitalize on intraday market volatility generated by high-impact economic news events. Using an advanced mean reversion trading strategy, the EA enters carefully timed trades shortly before major scheduled news releases, seeking to benefit from price movements as the market returns to equilibrium after periods of increased volatility.

Unlike traditional breakout systems, News Catcher Pro focuses on high-probability trading opportunities rather than frequent market entries. Its intelligent risk management, advanced news filtering, and multi-currency support make it an excellent solution for traders looking to automate news-based trading with confidence.

The EA is optimized for GBPUSD, EURUSD, and EURGBP on the M5 timeframe and offers a simple one-chart setup capable of managing all supported currency pairs simultaneously.

Why Choose News Catcher Pro EA?

News Catcher Pro combines a sophisticated news-driven trading strategy with professional-grade money management and trade protection features. Whether you’re an experienced trader or looking to automate your trading workflow, the EA provides reliable tools to help manage risk while taking advantage of market volatility surrounding major economic announcements.

Key benefits include:

• Advanced news-based mean reversion strategy
• One-chart multi-pair trading
• Intelligent risk management
• Automatic GMT and DST detection
• Professional trade management
• Advanced drawdown protection
• FIFO compatibility
• VPS-friendly operation
• Optimized for low-frequency, high-quality trading opportunities

Key Features

Advanced News Trading Strategy

News Catcher Pro is specifically designed to trade around scheduled high-impact economic events.

Features include:

• Mean reversion trading methodology
• Entries before major news releases
• Selective, high-quality trade execution
• Designed to avoid unnecessary overtrading
• Built for intraday market volatility

Multi-Currency Trading

The EA supports multiple currency pairs simultaneously from a single chart.

Supported Currency Pairs

• GBPUSD
• EURUSD
• EURGBP

Only one chart is required to manage all supported symbols.

One-Chart Setup

News Catcher Pro offers a convenient one-chart installation.

Benefits include:

• Easy installation
• Lower platform resource usage
• Centralized trade management
• No need to run multiple charts

Recommended Chart: EURUSD M5

Advanced Economic News Filter

The built-in News Filter helps the EA identify high-impact economic events and manage trading around scheduled announcements.

Features include:

• High-impact news detection
• Adjustable trading window before news
• Adjustable trading window after news
• Strategy Tester compatibility
• Fully customizable settings

Automatic GMT & DST Detection

The EA automatically detects your broker’s GMT offset and Daylight Saving Time settings to ensure accurate news timing.

Additional options include:

• Automatic GMT detection
• Manual GMT configuration
• Manual DST configuration
• Broker time synchronization

Professional Risk Management

News Catcher Pro includes multiple money management methods suitable for different trading styles.

Supported lot sizing methods include:

• Fixed Lot
• Dynamic Lot
• Percentage Risk Per Trade
• Automatic Risk Presets

Risk protection features:

• Maximum Lot Size
• Maximum Spread Filter
• Maximum Slippage Filter
• Minimum Free Margin Protection
• Maximum Floating Drawdown Protection
• Automatic Drawdown Actions

Smart Trade Management

The EA incorporates advanced trade management tools to protect open positions.

Features include:

• ATR-Based Take Profit
• ATR-Based Stop Loss
• Hidden Stop Loss
• Position Time Stop
• Friday Closing Filter
• Christmas & New Year Holiday Filter
• Buy Only Mode
• Sell Only Mode
• Hedging Support

Exposure Management

News Catcher Pro helps control overall portfolio exposure.

Available controls include:

• Maximum Symbols Traded Simultaneously
• Maximum Net Currency Exposure
• Directional Trade Limits
• Hedging Controls

Built-in Self Diagnostic System

A built-in diagnostic system continuously monitors trading conditions to help ensure the EA operates correctly and efficiently.

Trading Strategy

News Catcher Pro utilizes a sophisticated combination of market volatility analysis and technical filters.

The strategy incorporates:

• Price Channel (PCh) calculations
• ATR volatility analysis
• Economic news timing
• Position time management
• Dynamic stop-loss and take-profit levels
• Volatility-based exit management

This combination helps identify high-probability trading opportunities during periods of increased market activity.

Recommended Trading Environment

For optimal performance, the following setup is recommended:

Installation Guide

Follow these steps to install News Catcher Pro EA correctly:

1. Attach the EA to only one M5 chart (EURUSD is recommended).
2. If your broker uses symbol suffixes (for example, EURUSD.a), update the Symbol parameter accordingly.
3. Use only the recommended currency pairs.
4. All recommended settings are stored internally within the EA, so additional preset files are generally not required.
5. Enable WebRequest permissions for the required service URLs listed below.
6. Run the EA continuously on a VPS for uninterrupted operation.

Required Web Requests

To enable automatic news filtering and GMT detection, allow WebRequest access to the following URLs in your trading platform:

• http://timesrv.online
• http://valerytools.com
• http://valeryservice.com

To enable WebRequest:

1. Open Tools → Options → Expert Advisors.
2. Enable Allow WebRequest for listed URL.
3. Add each URL listed above.

Backtesting Requirements

For accurate historical testing, the following setup is recommended:

• Tick Data Suite
• GMT+2 Broker Time
• US Daylight Saving Time (DST)
• Download the NewsEvents.txt data file.
• Copy the file to:

Common → Files

You can access this folder through:

File → Open Data Folder → Terminal → Common → Files

Main Input Parameters

Trading Controls

• Allow Opening New Trades
• Allow Buy Trades
• Allow Sell Trades
• Allow Hedging

Lot Management

• Fixed Lot Size
• Dynamic Lot Size
• Risk-Based Lot Calculation
• Maximum Lot Size

Protection Settings

• Maximum Spread
• Maximum Slippage
• Minimum Free Margin
• Maximum Floating Drawdown
• Drawdown Recovery Actions

Strategy Settings

• Price Channel Period (PCh)
• Price Channel Offset
• ATR Period
• Position Time Stop
• Friday Closing Hour
• Holiday Filter
• ATR-Based Take Profit
• ATR-Based Stop Loss
• Hidden Stop Loss

News Settings

• Enable News Filter
• Minutes Before News
• Minutes After News

Additional Settings

• Trade Comment
• Unique EA Instance (UID)
• Information Panel
• Manual GMT Settings
• Manual DST Settings

Who Should Use News Catcher Pro EA?

News Catcher Pro is ideal for:

• Automated Forex traders
• News event traders
• Mean reversion strategy traders
• Professional money managers
• VPS users
• Traders seeking disciplined, low-frequency trading systems

Technical Specifications

Frequently Asked Questions

Does News Catcher Pro trade every day?

No. The EA trades selectively around scheduled high-impact economic news events, focusing on quality setups rather than frequent trades.

Can the EA trade multiple currency pairs?

Yes. One EA instance can manage all supported currency pairs from a single M5 chart.

Is a VPS required?

A VPS is strongly recommended to ensure continuous operation and stable execution during important news releases.

Which broker is recommended?

For optimal performance, an ECN or Raw Spread broker with a Hedging account is recommended.

Risk Disclaimer

Trading Forex and CFDs involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Always test the Expert Advisor on a demo account before trading live and use appropriate risk management based on your trading objectives and financial situation.