FRZ News Trader MT5

(1 customer review)

$0.00

This is FREE

MT4 VERSION

FRZ News Trader is a fully automated forex news trading robot that you can just set up for once and for all and then it will run without any manual work as long as your MT5 is up and running. This robot follows a pending order strategy where two buy and sell pending orders are placed just before the high impact news releases. It uses an advanced algorithm to determine TP, SL, and Trailing Stop based on market conditions.

EA Specs

Product name FRZ News Trader EA
Current version 9.0
Platform supported MT5
Timeframes supported 01-minute chart
Supported pairs Any
No of trades a month It can be only a few or more trades a month with the default settings. You may adjust he settings to increase the trading.
Recommended broker Any broker with low spreads and fast execution during news-times
Recommended min. deposit Any amount. But do not risk more than 2% of your balance per trade.

A VPS server is recommended for this EA as it needs to be running 24/5.

User manual is available in the knowledgebase.

Screenshot

Installation Video:

NB: This is for an older version. In v9.0, you dont need to set the time difference manually. It is automatically adjusted now.

Recommended Pairs for Different News:

  • USD News: AUDUSD
  • EUR News: EURAUD
  • GBP News: EURGBP
  • CAD News: AUDCAD
  • NZD News: AUDNZD
  • AUD News: EURAUD

You may, of course, have more than one chart for one news. For instance, you can have several pairs with USD to target a US news event. But, this will, in turn, increase the risk.

Please note that past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here

FRZ News Trader MT5

1 review for FRZ News Trader MT5

  1. Jonathan K

    Really good EA and it is free!

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