What Is News Catcher Pro?
Before I started testing News Catcher Pro, I wanted to understand exactly how it works and what type of trading strategy it uses. After researching its features and spending time observing its performance, I found that News Catcher Pro is an automated MetaTrader 4 (MT4) Expert Advisor designed to trade around important economic news events.
Unlike traditional Forex robots that remain active throughout the day, News Catcher Pro focuses on periods when the market experiences increased volatility due to high-impact economic releases. The EA aims to identify trading opportunities created by major news announcements while using built-in risk management features to help reduce unnecessary exposure.
According to my testing and overall experience, the EA supports EURUSD, GBPUSD, and EURGBP, although I personally found that it performed best on EURUSD. Another feature I appreciated was its Advanced News Filter, which helps the EA avoid trading during selected news events or manage trades more intelligently around volatile market conditions.
Overall, News Catcher Pro is designed for traders who want to automate news-based Forex trading without having to monitor the charts manually throughout the day. In the following sections, I’ll share my personal experience with its performance, setup process, recommended settings, and whether I believe it’s worth using in real trading.
My Experience with the News Catcher Pro Features
After spending time testing News Catcher Pro, I found several features that make it easier to use compared to many other Forex Expert Advisors I’ve tried.
One Chart Setup
One feature I really liked is the One Chart Setup. Instead of opening separate charts for every currency pair, I only needed a single MT4 chart, and the EA was able to manage all supported trading symbols from there. This makes the setup process much simpler, especially for traders who prefer a clean and organized trading platform.
multiple currency pairs
The EA also supports multiple currency pairs, giving traders the flexibility to diversify their trading instead of relying on just one market. Although it can trade several pairs, I personally achieved the most consistent results on EURUSD during my testing.
solid backtesting and live trading performance
Another aspect that gave me more confidence was its solid backtesting and live trading performance. While I always recommend testing any Expert Advisor on a demo account before moving to a live account, my experience showed that News Catcher Pro behaved consistently when the recommended settings were used.
Advanced News Filter
One of the standout features for me is the Advanced News Filter. Since high-impact economic news can create unpredictable price movements, this feature helps the EA manage or avoid trades during major market events. I also appreciated that the news filter works inside the MT4 Strategy Tester, making it easier to perform more realistic historical testing.
Auto GMT Detection
The Auto GMT Detection feature is another useful addition. I didn’t have to manually adjust the broker’s server time because the EA automatically detected the correct GMT offset, saving time and reducing the chance of configuration errors.
Self-Diagnostic System
Finally, the Self-Diagnostic System helps verify that the EA is configured correctly before trading begins. During my setup, this feature made it easier to identify potential configuration issues, which is especially helpful for traders who are new to automated Forex trading.
Overall, these features make News Catcher Pro straightforward to install and operate while reducing much of the manual work involved in setting up a news-based Forex trading system.
Recommended Settings for News Catcher Pro
During my testing, I followed the developer’s recommended setup to see how News Catcher Pro EA performed under its intended trading conditions. Using the correct settings is important because they can have a significant impact on both performance and risk management.
Based on my experience and the official recommendations, the EA supports the following currency pairs:
- EURUSD
- GBPUSD
- EURGBP
Although the EA is capable of trading all three pairs, I personally found EURUSD to be the most consistent in terms of trade quality and overall stability.
The recommended timeframe is M5 (5-Minute). I used this timeframe throughout my testing, and it matched the trading strategy the EA was designed for. Changing the timeframe may affect the EA’s behavior, so I recommend sticking with the default M5 chart unless you have thoroughly tested other configurations.
Another advantage I noticed is that News Catcher Pro is FIFO compliant, making it suitable for traders whose brokers or regulations require First In, First Out (FIFO) order execution. This is particularly useful for traders using US-regulated Forex brokers.
If you prefer trading on MetaTrader 5, the developer also provides an MT5 version of News Catcher Pro. Be sure to download the version that matches your trading platform to ensure full compatibility.
Overall, I recommend using the default settings before making any adjustments. Once you’re familiar with the EA’s trading behavior, you can perform additional testing on a demo account to determine whether any optimizations suit your broker or trading style.
Requirements to Run News Catcher Pro
During my testing, I found that News Catcher Pro performs best when it is installed in the right trading environment. To get stable and consistent performance, I recommend the following setup:
- Use a Forex VPS: I highly recommend running the EA on a VPS (Virtual Private Server) so it can operate 24/7 without interruptions. This helps prevent missed trading opportunities caused by internet outages, computer shutdowns, or power failures.
- Choose a Reliable ECN Broker: In my experience, News Catcher Pro performs better with a low-spread ECN broker. Faster trade execution and lower trading costs can make a noticeable difference, especially during high-impact news events when market volatility increases.
My Review of the Live MQL5 Signal Performance
After reviewing the News Catcher Pro Live MQL5 Copy Trading Signal, here are the key performance metrics that stood out to me:
Live Signal Link – Check live performance
- Account Growth: 217.35%, showing strong overall account growth over the tracked period.
- Total Profit: $255.84 generated from live trading.
- Current Balance: $455.84
- Current Equity: $449.62
- Initial Deposit: $200.00
- Additional Deposits: $400.00
- Total Withdrawals: $400.00, indicating that profits have been withdrawn while the account remained active.
- Winning Trades: 94.5%, which is an excellent win rate based on the available signal statistics.
- Losing Trades: 5.5%
- Trading Activity: 57.1%, meaning the EA trades selectively rather than being active all the time.
- Maximum Deposit Load: 39.7%, reflecting the highest level of account exposure used during trading.
- Maximum Drawdown: 52.6%, which I consider relatively high, so proper risk management is essential.
- Algorithmic Trading: 100%, confirming that every trade is executed automatically without manual intervention.
My Review of the News Catcher Pro Myfxbook Results
Before using any Forex Expert Advisor on a live account, I always review its Myfxbook performance to understand how it has performed in real market conditions. After checking the available statistics for News Catcher Pro, here are my observations.
News Catcher Pro – Real Account Performance
Account Details- Live Link
- Account Type: Real (USD)
- Broker: IC Markets
- Trading Type: Fully Automated
- Platform: MetaTrader 5
- Leverage: 1:500
Performance Statistics
- Total Gain: +223.86%
- Absolute Gain: +42.67%
- Daily Growth: 0.09%
- Monthly Growth: 2.81%
- Maximum Drawdown: 37.64%
- Current Balance: $455.84
- Current Equity: $451.62 (99.07%)
- Highest Recorded Balance: $496.06
- Total Profit: $255.96
My Opinion on the Real Account
From my perspective, the real account demonstrates strong long-term growth with a respectable profit record. The 37.64% drawdown indicates that the EA does experience periods of higher risk, so I would recommend using sensible lot sizes and following proper money management. Overall, I believe the performance is encouraging, especially for traders who understand the risks associated with automated Forex trading.
News Catcher Pro – High-Risk Demo Account
Account Details – Live Link
- Account Type: Demo (USD)
- Broker: Ox Securities
- Trading Type: Fully Automated
- Platform: MetaTrader 5
- Leverage: 1:500
- Risk Profile: High Risk
Performance Statistics
- Total Gain: +3.51%
- Absolute Gain: +3.51%
- Daily Growth: 0.00%
- Monthly Growth: 3.51%
- Maximum Drawdown: 4.99%
- Current Balance: $25,877.83
- Current Equity: $25,877.83 (100%)
- Highest Recorded Balance: $25,877.83
- Total Profit: $877.83
- Interest Earned: $101.48
My Opinion on the High-Risk Demo Account
The demo account has shown steady positive growth while maintaining a low drawdown of just 4.99% during the reported period. Although demo results should never be considered a guarantee of future live performance, they can still provide useful insights into how the EA behaves under different market conditions. I always place greater importance on verified live trading results, but I also use demo accounts to evaluate consistency and test different settings before trading with real money.
Who Should Use News Catcher Pro?
Based on my testing and overall experience, I believe News Catcher Pro EA is a good choice for the following traders:
- Forex traders who want to automate their trading without constantly monitoring the charts.
- Beginners who prefer an easy-to-install MT4 Expert Advisor with a straightforward setup process.
- Experienced traders looking for a news-based automated trading strategy.
- EURUSD traders, as I personally found this currency pair delivered the most consistent performance.
- Traders who appreciate an Advanced News Filter to help manage trading during high-impact economic events.
- Traders who use MetaTrader 4 (MT4) and want a fully automated Expert Advisor.
- Traders willing to follow the recommended settings and use proper risk management.
- Anyone who prefers a trading system with live performance records and verified trading statistics.
Who Should Not Use News Catcher Pro?
In my opinion, News Catcher Pro may not be the best option for everyone. I would not recommend it if you are:
- Looking for guaranteed profits or a completely risk-free trading system.
- Unwilling to accept periods of drawdown, as all Forex Expert Advisors experience losing trades.
- Planning to trade with high-risk lot sizes without following proper money management.
- Expecting the EA to generate profits without first testing it on a demo account or a small live account.
- Using a broker or trading conditions that are not compatible with the EA’s recommended setup.
- Someone who prefers making manual trading decisions instead of relying on automated trading.
How to Install News Catcher Pro
Setting up News Catcher Pro EA was straightforward during my testing. I followed the recommended installation steps, and the EA was ready to trade within a few minutes. To avoid configuration issues, I suggest following these steps carefully.
Installation Steps
- Open a Single M5 Chart
- Attach the EA to only one M5 (5-Minute) chart.
- I recommend using EURUSD, as this pair delivered the most consistent results during my testing.
- Check Your Broker’s Symbol Name
- If your broker uses a symbol suffix such as EURUSD.a, EURUSDm, or EURUSD.pro, update the symbol names in the Symbol parameter so they match your broker’s market watch.
- Use Only the Recommended Currency Pairs
- For the best performance, trade only the supported currency pairs recommended by the developer.
- In my experience, changing to unsupported symbols may affect the EA’s trading logic.
- No .set Files Required
- One thing I liked is that News Catcher Pro does not require any .set files.
- All recommended settings are already built into the Expert Advisor, making the installation process much simpler for beginners.
- Enable Web Requests
- To allow the Advanced News Filter and Auto GMT Detection to work correctly, enable “Allow WebRequest for listed URL” in MetaTrader 4.
- Then add the following URLs exactly as shown:
- http://timesrv.online
- http://valerytools.com
- http://valeryservice.com
My Overall Experience with News Catcher Pro EA
After testing and analyzing News Catcher Pro EA, I found it to be an interesting automated Forex trading solution, especially for traders who focus on news-based trading strategies. The EA comes with several useful features, including the Advanced News Filter, one-chart setup, automatic GMT detection, and support for multiple currency pairs.
During my testing, I liked the simplicity of the installation process. The EA does not require complicated configuration or additional .set files, which makes it easier for both beginner and experienced Forex traders. Once the correct settings were applied, the EA was able to operate automatically without requiring constant manual monitoring.
One of the strongest points I noticed was the news filtering system. Since major economic events can create extreme volatility in the Forex market, having a dedicated news filter can help manage trading activity during important announcements.
However, like any Forex Expert Advisor, News Catcher Pro is not a guaranteed profit system. The performance can depend on several factors, including broker conditions, spread, execution speed, account settings, and risk management. The drawdown levels shown in performance reports should also be considered before using it with real capital.
Overall, my experience with News Catcher Pro EA was positive. I believe it can be a useful tool for traders who understand automated trading, use proper money management, and have realistic expectations. I would recommend testing it on a demo account first and gradually moving to a live account after understanding how it behaves in different market conditions.
Must-Have Resources for Forex Traders
During my Forex trading journey, I found that having the right knowledge and tools is just as important as choosing the right Expert Advisor. Before using any automated trading system, I recommend understanding the basics of Forex trading, risk management, and common mistakes traders should avoid.
Below are some useful resources that I believe every Forex trader should check:
- How to Choose the Best Forex EA
Learn the important factors to consider before selecting a Forex Expert Advisor, including trading strategy, backtesting results, drawdown, broker compatibility, and risk management features. - Best Forex EAs for Beginners
A helpful guide for new traders who want to understand which automated trading systems are more suitable for beginners and what features to look for before investing. - Forex Trading Mistakes Checklist Calculator
A practical tool to help identify common Forex trading mistakes and improve your overall trading discipline and risk management approach.
Download News Catcher Pro EA Free with VIP Membership
On my website, I provide access to News Catcher Pro EA and many other Forex trading tools through the VIP Membership program.
Once you become a Premium member, you can access and download News Catcher Pro EA along with other available Expert Advisors, indicators, and trading resources included in the membership plan.
The purpose of the VIP membership is to give Forex traders a convenient way to access multiple trading tools from one place instead of purchasing each product separately. Members can explore different Expert Advisors, test various strategies, and choose the tools that best match their trading style.
If you are interested in using News Catcher Pro EA, make sure to follow the recommended settings, test it properly, and always apply suitable risk management before using any automated trading system on a live account.
News Catcher Pro EA is an automated Forex Expert Advisor designed for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. It focuses on trading opportunities created around important economic news events by using an integrated news filter and automated trading logic.
Based on my testing, News Catcher Pro supports the following currency pairs:
- EURUSD
- GBPUSD
- EURGBP
Although the EA supports multiple pairs, I personally found EURUSD to be the most consistent option during my testing.
The recommended timeframe for News Catcher Pro is M5 (5-minute timeframe). I followed this setting during my testing because the EA's trading logic is designed around short-term market movements during news events.
No. One thing I liked about this EA is that it does not require additional .set files. The main settings are already stored internally, which makes the installation process easier, especially for beginners.
Yes. News Catcher Pro includes an Advanced News Filter. In my experience, this is one of the most useful features because major economic announcements can create unpredictable price movements. The filter helps the EA manage trading activity around important news events.
No. The recommended setup is to attach the EA to only one M5 chart. From that single chart, the EA can manage all supported currency pairs automatically.
Yes. Based on my experience, using a reliable ECN broker with low spreads and fast execution is preferable. Since news trading can involve high volatility, better execution conditions can help improve the overall trading environment.
A VPS is highly recommended. I prefer running automated Expert Advisors on a Forex VPS because it allows the EA to operate continuously without depending on my personal computer, internet connection, or power supply.
Yes, beginners can use News Catcher Pro because the installation process is relatively simple. However, beginners should first understand basic Forex risk management and test the EA on a demo account before using real money.
Like any Forex Expert Advisor, profitability is not guaranteed. During my review, I found encouraging results from available live and demo performance records, but I always consider factors such as drawdown, broker conditions, and risk management before making a final decision.
In my opinion, News Catcher Pro is suitable for traders who:
- Want to automate news-based Forex trading.
- Prefer an MT4/MT5 Expert Advisor instead of manual trading.
- Understand the risks involved with automated systems.
- Are willing to use proper money management.
- Have realistic expectations about Forex trading.
I would not recommend it for traders who:
- Expect guaranteed profits.
- Want a completely risk-free trading system.
- Are not comfortable with possible drawdowns.
- Plan to use aggressive lot sizes without risk control.
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The Avantir EA-INDEX MASTER MT5 is an automated Expert Advisor designed for the MetaTrader 5 platform, focusing specifically on US30 (Dow Jones Index) and NASDAQ trading.
The EA uses automated market analysis, algorithmic trade execution, and position management features to help traders execute a structured trading approach without constantly monitoring charts.
According to the available product information, Avantir EA-INDEX MASTER MT5 is optimized for the M5 timeframe, supports automated trading, and includes set files and installation assistance.
In this review, we analyze Avantir EA-INDEX MASTER MT5 based on its trading features, settings, supported instruments, risk controls, and suitability for different trading environments.
Trading indices like US30 and NASDAQ requires fast decision-making, strict risk management, and the ability to react quickly to changing market conditions. Manual trading can become challenging, especially during high-volatility sessions.
The Avantir EA-INDEX MASTER MT5 is an automated Expert Advisor designed for the MetaTrader 5 platform, focusing specifically on US30 (Dow Jones Index) and NASDAQ trading.
The EA uses automated market analysis, algorithmic trade execution, and position management features to help traders execute a structured trading approach without constantly monitoring charts.
According to the available product information, Avantir EA-INDEX MASTER MT5 is optimized for the M5 timeframe, supports automated trading, and includes set files and installation assistance.
In this review, we analyze Avantir EA-INDEX MASTER MT5 based on its trading features, settings, supported instruments, risk controls, and suitability for different trading environments.
Avantir EA-ELITE AI MT5 V3.3 is an automated Expert Advisor developed for the MetaTrader 5 platform. It uses algorithmic trading logic to scan the market, identify potential trading opportunities, and manage trades automatically based on predefined rules.
Rather than relying on emotional decision-making, the EA follows its programmed strategy consistently, making it suitable for traders who prefer automated execution. The package includes the Expert Advisor, preset configuration files (SetFiles), and installation instructions to help you get started quickly.
Whether you are building an automated trading portfolio or testing different Expert Advisors on a demo account, Avantir EA-ELITE AI MT5 offers a straightforward solution for MetaTrader 5 users.
Smart Gold Hunter MT5
Gold trading has always attracted automated trading developers because of its liquidity, volatility, and frequent intraday opportunities. However, many automated Gold Expert Advisors fail because they rely on risky recovery techniques such as Grid trading, Martingale position sizing, or averaging down during losing trades.
Smart Gold Hunter MT5 takes a different approach.
This MetaTrader 5 Expert Advisor is designed specifically for XAUUSD (Gold) trading and focuses on controlled execution using single-entry trading, predefined Stop Loss protection, flexible money management, and built-in risk control features.
In this review, we analyze Smart Gold Hunter MT5 from a trader's perspective, including its strategy approach, available live trading results, historical testing data, risk management system, recommended settings, and potential limitations.
Important: Past trading results do not guarantee future profitability. Automated trading involves risk, especially when trading volatile instruments such as Gold.
Educational Purpose Only: All Expert Advisors (EAs), indicators, software tools, and related content on this platform are provided strictly for educational and informational purposes. Nothing on this site constitutes financial, investment, or legal advice.
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