Once you load News Catcher Pro Pro on your chart, pop-up box will appear showing the settings of your EA. Make sure that all the settings and alerts are correct before clicking OK.

News Catcher Pro strategy:

• Symbols separated by comma - list of pairs to trade. Suffix needs to be included if your broker uses one! Supported pairs: GBPUSD, EURUSD, EURCHF, USDCAD, USDCHF + CHFJPY, AUDCAD, EURCAD, EURAUD. First 3 ones are the preferred option (like on Best Pairs and MT 5 Extreme signals)

• Hour to Start/Stop Placing Orders - when to start/stop placing pending orders. Set Smart Time Filter to false if you want to optimize these parameters

• Smart Time Filter - enable/disable smart time filter, it is preferred to enable this parameter, unless using custom set files with optimized timing parameters

• Hour to Stop Trading (on Friday) - hour to stop trading (on Friday). All open positions will be closed at this hour. Set it to 22 if you do not want trades to be held over weekends

• New Year Holiday Filter - enable/disable Christmas/New Year filter.  It is recommended to use this filter to prevent low-liquidity market tricks during these holidays

• StopLoss, in pips - stop loss value in standard 4 digit pips. By default are used different optimal SL values for different pairs

• Hide StopLoss - enable/disable SL hiding. You may use this option to hide your real SL from the broker

• Rollover Time Filter - enable/disable the rollover filter

• Swap Filter - cancels trading on Wednesday evening in the direction of the negative swap or cancels trading on every day when swap is exceeded (parameter is adjustable). It is preferred to be used with the default value. Can be disabled on swap-free accounts

• Max Negative Swap, in pips - max negative swap

• News Filter Enabled - enable/disable News Filter (must be allowed access to the URL http://ec.forexprostools.com/ in order to use this filter)

• Wait Minutes Before/After Event - suspend trading before/after the news (default values are preferred)

• Split Orders - embedded feature allowing to split the entry on several slightly different entries. With the default value feature is disabled, 10 is the maximum value (splitting the lot size on 10 different entries)s. Preferred to use with large lot sizes to prevent slippages!

• Adjust Order Price? - if false, the EA will not use the price adjustment for 'Split Orders' parameter and all orders will be placed at the same price

• Minimum Price Range - minimum distance between pending buy and sell orders expressed in %ATR. The option can significantly improve performance (Profit Factor, Expected Payoff), but reduces the number of trades. Recommended value - 0...20. The value of 0 usually shows best results with EURUSD and GBPUSD pairs, while value of 20 is recommended in case of trading other pairs or in case of having bad trading conditions with the broker (higher values make EA less susceptible to bad trading conditions of the broker)

• Randomize Order/TP/SL Levels - if enabled, the EA will randomly slightly change the entry/TP/SL levels. This option allows you to have unique entry/TP/SL values

• Adjust TP Price - allows you to adjust take profit. In case of a positive/negative value, take profit will be increased/decreased by the specified number of pips

• Minimum Free Margin % - if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones

• Trade Comment - comment