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NEWS BLASTER EA MT4 – Full Input Settings Analysis
News Blaster EA is a sophisticated Expert Advisor (EA) that is built to capitalize on fundamental economic news events. Developed for the MetaTrader 4 platform, it uses cutting-edge technology to deliver lightning speed and laser precision. Equipped with intricate algorithms and strategic functionality, News Blaster EA allows traders to capitalize on profit potential during high-impact market events — trading volatility into opportunity. Whether you’re a professional trader or a beginner, this EA empowers you with the tools to ride out and gain from market extremes confidently.
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Basic Trading Settings & Order Management
- Basic Trade Settings
- Lot Size: 1.0
- Fixed trade lot size of 1.0.
- Stop Loss / Entry / News Blast (in pips):
- Stop Loss: 10 pips
- Entry Distance: 4 pips
- News Blast Buffer: 5 pips
- Expiry Seconds: 12s
- The order will be cancelled if it is not triggered within 12 seconds.
- Magic Number: 1010
- Specific number for the EA trades.
Equity Protection, Trailing & Day Management
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- Equity Protection
- Daily Loss Limit: $1000 (Daily Loss EQ Value)
- Daily Profit Target: $1000 (Daily Profit Target Value)
- Limit Type: Based on monetary values fixed.
- Trailing Stop Settings
- Enable Trailing: true
- Trailing Stop: 2.0 (how far the stop will trail the price)
- Trailing Start: 20.0 (trailing starts at profit of 20 points)
- Day Management
- Trading can be enabled all day or defined by user-defined time sessions.
- Equity Protection
- Example:
Two sessions are defined on Monday:- 09:00–15:00
- 16:00–20:00
- Any given weekday can be structured with a maximum of two trading sessions per day.
News & Display Settings
- News (Fundamental Events) Environments
- Pause Before/After News:
- Before News: 15 minutes
After News: 30 minutes - Impacted Currencies:
AUD, CAD, EUR, GBP, JPY, NZD, USD - News Impact Filtering
- High Impact News: Enabled
Medium Impact News: Enabled
Low Impact News: Disabled (false) - News Color Coding:
- High Impact: Red
Medium Impact: Orange
Low Impact: Yellow (not used in this configuration) - Display Settings
- Show News Lines/Text: true
High Resolution Display: Full (employs high-quality interface rendering)