Where to get the MT4 News Stopout EA?

MT4 News Stopout EA:

The MT4 News Stopout EA is an Expert Advisor (EA) that automatically closes all open trades during news releases. This is done to protect traders from losses that can be caused by sharp price movements during news releases.

How does it work?

The News Stopout EA uses a variety of methods to identify news releases. These methods include:

• Checking the economic calendar
• Monitoring news websites
• Listening to news feeds

Once a news release is identified, the EA will close all open trades. The EA can be configured to close trades a few minutes before the news release, or it can be configured to close trades immediately after the news release.

Benefits:

The MT4 News Stopout EA can help traders to protect themselves from losses that can be caused by sharp price movements during news releases. This is especially important for traders who are using automated trading strategies, as these strategies are more likely to be affected by news releases.

• Protects from losses caused by news volatility
• Can be used with automated trading strategies
• Easy to set up and use

Risks:

The News Stopout EA can also lead to missed opportunities. If the EA closes a trade just before a news release that causes the price to move in the trader’s favor, the trader will miss out on the profit.

• Can lead to missed opportunities
• Not suitable for all trading strategies
• Must be used in conjunction with other risk management techniques

How to use:

To use the MT4 News Stopout EA, you will need to:

1. Install the EA on your MetaTrader 4 platform.
2. Configure the EA to your liking.
3. Start the EA.

The EA will automatically close all open trades during news releases.

Here are some of the things you can configure in the MT4 News Stopout EA:

• The list of news events that the EA will close trades for.
• The time in advance of the news release that the EA will close trades.
• The maximum number of trades that the EA will close during a news release.

You can also configure the EA to close trades for specific symbols or timeframes.

Once you have configured the EA, you can start it by clicking on the “Start” button. The EA will then start monitoring the news calendar and will close all open trades when a news event is triggered.

Here are some additional tips for using the MT4 News Stopout EA:

• Test the EA on historical data to see how it would have performed in the past.
• Use the EA in conjunction with other risk management techniques, such as stop losses and trailing stops.
• Be aware of the risks of using the EA, such as the possibility of missing out on profitable trades.

By following these tips, you can increase your chances of success when using the MT4 News Stopout EA.

Where to get the MT4 News Stopout EA?

The MT4 News Stopout EA is available for free on the MQL5 forum. You can also find it on other websites, such as 4xPip.

Here are some of the places where you can get the MT4 News Stopout EA:

• MQL5 forum: The MQL5 forum is a forum where traders and developers can share trading strategies, indicators, and EAs. You can find the MT4 News Stopout EA in the “Expert Advisors” section of the forum.
• 4xPip: 4xPip is a website where you can find different trading bots, indicators, EAs, and other trading tools. They also offer a free trial so you can test out the bots before you buy them.

• Other websites: There are other websites that offer the MT4 News Stopout EA. However, it is important to be careful when downloading EAs from third-party websites, as there is a risk of downloading malware or viruses.

When choosing a website to download the MT4 News Stopout EA from, it is important to consider the following factors:

• The reputation of the website: Make sure that the website is reputable and has a good track record of providing quality products and services.
• The security of the website: Make sure that the website uses secure protocols to protect your personal information and financial data.
• The terms and conditions of the website: Make sure that you understand the terms and conditions of the website before downloading the EA.

Once you have chosen a website to download the MT4 News Stopout EA from, follow the instructions on the website to download and install the EA.

4xPip:

4xPip is a website where you can find different trading bots, indicators, EAs, and other trading tools. They also offer a free trial so you can test out the bots before you buy them.

The MT4 News Stopout EA is one of the products that 4xPip offers. It is an Expert Advisor (EA) that automatically closes all open trades during news releases. This is done to protect traders from losses that can be caused by sharp price movements during news releases.

Here are some of the features of the MT4 News Stopout EA:

• It can be configured to close trades for specific news events, symbols, or timeframes.
• It can be configured to close trades a certain number of minutes before or after the news release.
• It can be configured to close trades based on the volatility of the market.
• It is easy to install and use.

4xPip also offers a free trial of the MT4 News Stopout EA. This allows you to test the EA on historical data to see how it would have performed in the past. If you are looking for an EA to help you protect your profits during news releases, then the MT4 News Stopout EA from 4xPip is a good option.