News Catcher Pro is a sophisticated mean-reversion trading strategy meticulously designed to capitalize on intraday seasonal volatility patterns driven by high-impact news events. This meticulously crafted trading algorithm initiates market entry at a strategically determined timeframe just prior to the occurrence of significant news events, ensuring optimal positioning for potential market movements.Due to its trading logic, this Expert Advisor does not trade frequently.[SCREENSHOT]Features:Trading style: News tradingSupported currency pairs: GBPUSD, EURUSD, EURGBPRecommended timeframe: M5 (5 minutes)Does not use martingale or gridRequires good brokerage conditions: low spread and slippage during the rollover time. I advise using a really good ECN brokerFIFO/FTMO compatibleProfit calculator3 risk management sets+20 years high-quality back-testing dataOne chart-setupMulti-currency pairs supportAdvanced news filter, stock market cash filter, new year holiday filterNegative swap filterAuto GMT detectionSelf diagnostic systemNeed to run on VPSStatistics panel14 days free trial, 30 days money-back guarantee2 months free ValeryVPSTelegram private group

One crucial aspect in the realm of Expert Advisors is the ability to verify their track records using a reliable third-party platform. In this industry, there are unfortunately numerous individuals with malicious intentions who make false claims about their EAs, aiming to deceive unsuspecting individuals venturing into Forex trading.Without a trustworthy third-party platform that tracks the performance of Expert Advisors over time, it becomes challenging to ascertain their actual capabilities. As a result, you are left with the option of either blindly believing the claims made by the developer or questioning their authenticity.Fortunately, there are several reputable third-party platforms available for verifying track records, with MyFxBook and MQL5 being the most popular and trustworthy choices. They provide a comfortable trading environment, facilitate analysis of trading systems and accounts, and encourage idea-sharing among traders. Advanced traders can optimize their forex trading systems and monitor their trading performance, while investors and managers can connect with each other. MyFxBook and MQL5 ensure guarantee, security, and transparency in these interactions. To ensure transparency and trust, I maintain verified public MyFxBook and MQL5 profiles. It showcases more than 15 different track records of variations of my expert advisors, each with different configurations. These profile updates in real-time with every trade executed in my official accounts, meticulously recording the trading history.News Catcher Pro verified MyFxBook track records:News Catcher Pro News Catcher Pro RecoveryNews Catcher Pro verified MQL5 live signals:News Catcher ProNews Catcher Pro Recovery

Before ever deciding to trade with an Expert Advisor, it is a good idea to back-test it. Backtesting is a method of analyzing how well a trading strategy could perform by applying it to historical data from the real world. It helps you compare different strategies and choose the one that gives you the best results.The idea behind backtesting is that strategies that worked well in the past are likely to perform well in similar market conditions in the present and future. By testing trading plans on previous datasets that closely match current market conditions, you can see how they would have performed before actually making any trades.However, it's important to remember that backtesting doesn't guarantee success in the current market. Past results are not a foolproof indicator of future performance. Backtesting is simply a part of doing your research before entering a trade. It helps you understand the potential volatility of an asset and take steps to manage your risk accordingly.You should also keep in mind that real trades involve fees that may not be considered in backtests. It's crucial to account for these trading costs when conducting simulations, as they will affect the profit-loss margins on a live trading account.That’s why constantly back-test all of my Expert Advisors, with real tick data and 100% accuracy trading history. Here you have links to up to 20 years of backtests for News Catcher Pro:News Catcher Pro back-testing data

Once you load News Catcher 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 parameters:Allow Opening a new Trade - enable/disable opening of new trades. You can disable it while having opened trades to have the EA close trades that are opened, but stop opening new ones after thatLot-sizing Method - select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the 'Fixed lot' parameter, Dynamic Lots will use 'Dynamic Lot' parameter, Max Risk per Trade will calculate lots based on % risk per trade, and 3 predefined presets will calculate risk automatically for you. When you choose one method you will only use the parameters that refer to it. For example, if you have chosen Dynamic Lots option you should use the 'Dynamic Lot' parameter below. Changing 'Fixed Lot' and 'Max Risk per Trade' won't matter. Also when you choose one of the predefined risk profiles all the three parameters below won't matterFixed Lot - fixed trading lot. If you want to have all trades the same fixed lot size, select "Fixed Lots" in the 'Lot-sizing Method' and set here the lot size you wantDynamic Lot - balance/equity to be used per 0.01 lot. If you want to have for example 0.01 lot size per 100 of your deposit select "Dynamic Lots" in the 'Lot-sizing Method' and set 100 in the 'Dynamic Lot' parameterMax Risk per Trade - will calculate the lot size, so that risk per trade stays within specified limit. E.g. setting this parameter to 5 will have all trades lose 5% of the deposit in case of hitting SLMaximum Lot - maximum allowed trading lot. The EA won't open trades higher than this lotMaximum Spread, in pips - maximal allowed spread for position closing. Works rarely, as most of the trades are closed using TPPortfolio Mode - allows you to run more than one set file (instance of the EA) and/or my other EAs (instances of Perceptrader AI and Golden Pickaxe) on the same account so that the EAs do not open new initial trades simultaneously.Initial Delay for Portfolio Mode, ms - time delay, which will be set automatically based on the UID value. This delay is necessary to ensure one set file recognizes the opened trades of another and skips the trading signal. Please note that set files of the same EA must have a unique UID!For example, if you run 2 set files on the same account and want to prevent the same pair from being opened by both set files simultaneously, then I recommend setting as follows:First set file: Portfolio Mode=true, UID=Second set file: Portfolio Mode=true, UID=1Consider WAKA Orders (Portfolio only) - the EA will take into account open trades of WakaWaka in portfolio mode.Consider PAI Orders (Portfolio only) - the EA will take into account open trades of Perceptrader AI in portfolio mode.Consider GP Orders (Portfolio only) - the EA will take into account open trades of Golden Pickaxe in portfolio mode.ML-based Pattern Recognition & Filtering - enable/disable filtering of trades using ML-based candlestick pattern filter. The filter increases the trading quality but reduces the number of trades.ML-based Pattern Filter Threshold - the minimal predicted probability that a trade will result in profit.Max Floating Drawdown in Money - if the floating drawdown in money exceeds the specified value, the EA will perform actions specified in the 'Max Drawdown Action' parameter. This option can be used, for example, to prevent losses higher than specified by your prop trading firmMax Floating Drawdown % for each Symbol, separated by comma - allows you to specify the max. drawdown % separately for each symbol.Only One Symbol if Grid reaches this Level [0-disabled] - this option allows you to temporarily reduce the "Maximum Symbols at a Time" to one if an open grid reaches the specified level.Do Nothing if During Rollover - set to true if you want to ignore max. drawdown checks during rollover.Max Random Delay before sending Orders, sec [0-disabled] - maximum random delay in seconds before sending an order. Values over 15 seconds are not recommended.Allow sending SL along with an order (for a non-ECN acc.) - if true, then the EA will send SL along with orders. If false, then SL will be set after the order is sent and executed.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 parametersSmart Time Filter - enable/disable smart time filter, it is preferred to enable this parameter, unless using custom set files with optimized timing parametersHour 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 weekendsNew Year Holiday Filter - enable/disable Christmas/New Year filter.  It is recommended to use this filter to prevent low-liquidity market tricks during these holidaysStopLoss, in pips - stop loss value in standard 4 digit pips. By default are used different optimal SL values for different pairsHide StopLoss - enable/disable SL hiding. You may use this option to hide your real SL from the brokerRollover Time Filter - enable/disable the rollover filterSwap 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 accountsMax Negative Swap, in pips - max negative swapMax Drawdown Action - allows specifying actions to be taken after the max. drawdown is reached (in money or %):'Close trades & stop trading for 24h' - the EA will close all open trades and will not open new ones for 24 hours;'Close trades & stop trading until restart' - the EA will close all open trades and will not open new ones until the EA/MT restarts;'Prohibit opening new trades' - new trades will be prohibited as long as the floating drawdown is above a specified value;'Prohibit opening new trades until restart' - new trades will be prohibited until the EA/MT restartsMax Drawdown Action - Max Drawdown Calculation -  allows to specify how the maximum drawdown is calculated:'The account' - takes into account all positions opened on the account, including trades opened manually or by other EAs;'This strategy' - takes into account only positions opened by this set file of the EAMaximum Net Number of Currencies -  allows to limit the number of open trades with the same currencies (not symbols/currency pairs) in the same direction. The parameter does not lead to performance improvements on tests, still, it limits risks, so it is recommended to be used with a value of 2 when more than 3 pairs are traded at a time. This parameter limits the exposure to risk in a smart way (not just by limiting the number of pairs traded)For example, we set 'Maximum Net Number of Currencies'=2 and got 3 position open:- long EURUSD- long GBPUSD- short EURCHF- Net number of open positions with the same currencies- EUR = 0 (long EURUSD + short EURCHF- USD = -2 (long EURUSD + long GBPUSD)- GBP = 1 (long GBPUSD)- CHF = 1 (short EURCHF)As you can see, USD has reached the max. limit (-2), so any orders that can lead to a new short USD trade (for example, short USDCHF) will be canceled and prohibitedMedium Impact News - enable/disable news events with medium impact (2 stars news)Low Impact News - enable/disable news events with low impact (1 star news)Speaks - if false, then the EA will not take into account news events marked as Speeches/SpeaksNews List Refresh Rate - news events list update frequency (selection from the drop-down list)Symbol Suffix - here you can specify a symbol suffix if your broker uses onePlacing Orders During Rollover Time - enable/disable placing pending orders during rollover timeFriday Half Lots - halving trading lots on Friday eveningHandle Max Drawdown Events on Every Tick - enable/disable drawdown event handling on every tick (instead of once a minute that is used by default, it may consume more CPU resources)Max Daily Drawdown Limit % FTMO Rules in Money [0-disabled] - maximum daily drawdown limit in MONEY, calculated according to the FTMO rules. Non-trading operations (like withdrawals) during the day are not taken into accountMax Daily Drawdown Reset Hour FTMO Rules (Broker time) - hour to reset the max. drawdown with the prop firmMin Profit To Close Trade Before Midnight, in pips [0-disabled] - automatically closes profitable trades before midnight if the specified profit is reachedHide TakeProfit - on/off TakeProfit hidingMax Open Lots - here you can put a value limiting the total lots that can be opened by the EA on all currency pairsMinutes to Stop Trading - minutes to stop tradingBlock Trading for the Entire Day - prohibits opening new trades throughout the day if HV hits the specified level just once at any moment during the dayShow Stats - show a panel with some statisticsAllow Opening a new Trade - enable/disable opening of new trades. You can disable it while having opened trades to have the EA close trades that are opened, but stop opening new ones after thatUse ChatGPT Forecast - enable/disable filtering of trades using ChatGPT forecasts.Use Bard Forecast - enable/disable filtering of trades using Google Bard.Rollover Start Hour - rollover start hour.Rollover Start Minutes - rollover start minutes.Rollover End Hour - rollover end hour.Rollover End Minutes - rollover end minutes.Send Orders During Rollover - enable/disable sending orders (including grid trades) during rollover time.Remove TakeProfit/StopLoss During Rollover - removes TP/SL for all orders at the specified rollover time. This option helps to avoid closing trades via TP/SL during bad trading conditions.Pause Between Grid Trades, in min [0-disabled] - a minimum pause between grid trades in minutes.Custom Multipliers sep. by comma (e.g., 2,4,8,16,32) - custom multipliers for each GRID step separated by a comma, for example - 2,4,8,16,32Calculate Levels from Initial Trade - if true, then entry prices of grid levels will be calculated based on the entry price of the initial trade. In this case, if the distance of the previous grid is very large, the next grid can be formed shorter than 35 (by default) or even inside the previous grid. If false, then the entry price of a grid level will be calculated based on the entry price of the previous grid to form grids with distances greater than 75 (by default).Force Basket Closure once the Initial Order is Closed - option to force basket closure once the initial order/trade is closed by TP or by manual intervention

News Catcher Pro has been integrated with both ChatGPT and Google’s Bard AI, giving the user the possibility to receive weekly market forecasts from these language models and filter trades according to them.Here’s how the market forecasts functionality works:If you want to make use of the market forecasts functionality, the first step is to enable it from News Catcher Pro's parameters.To do so, head over to the “Inputs” section of the Expert Advisor, when you load it into your chart or if the EA is already loaded there, and scroll down until you see a section called “--> Forecast settings..”Once there you can enable ChatGPT or Bards forecast by switching the value from “false” to “true”. There is nothing else you need to do after that. If the values are set to “true”, News Catcher Pro will automatically use the forecasts to filter trades, without any intervention from you.The forecast is the same for both language models, the only difference being how they word it. This means that the filter will work exactly the same way if you choose ChatGPT or Bard. Once you click on the button, a window will open, where you’ll be able to choose within two dropdown menus:Here you can choose within ChatGPT or Google’s Bard to formulate the market forecast for youHere you can choose within the 3 currency pairs that News Catcher Pro supportsAfter selecting the language model and currency pair, click on the “Forecast” button, and you’ll receive your market forecast. This is a brief technical analysis of the pair’s price action, chart patterns, and an educated guess of future market movements.Based on this forecast, News Catcher Pro will filter trades, taking one of four paths: Trade normally Not to tradeOpen only buy positionsOpen only sell positionsIt is very important to understand here that once you enable ChatGPT or Google Bard’s forecasts in your EA parameters, all this process will be done automatically.Even though you can manually get the market forecast, that is not actually needed for the filter to work.  That means if you activate the forecast in your EA parameters, and never click on the “Get forecast” button, the filter will still work.

Once you’ve selected a broker and opened an account with them, you can proceed to install Evening Scalper Pro Expert Advisor in order to start trading with itThere are three different things you will need for that:VPS (Virtual private server): A virtual machine offered as a service, that can be accessed remotely. I strongly recommend you to install my EAs on a VPS to ensure they will be able to run continuously without interruptions, or needing to have your PC switched on all day long.Trading platform (MetaTrader 4 or 5): The gateway platform that will connect your Forex broker and my Expert Advisors. You will be using MetaTrader 4 or 5, the most popular and complete platforms used for Forex retail trading.Expert Advisor files: These are my Expert Advisor .EX4/.EX5 files that you will be loading in your MetaTrader 4 or 5 platform, in order to trade with them in your account.To make the installation process as simple and flexible as possible, you can choose three different options:“Easy installation” (recommended): Where you get everything done for you, by simply accessing to a ValeryVPS server, where you’ll find all my Expert Advisors already downloaded, installed & configured in all of the main MetaTrader brokers, ready to go. Best for beginner/intermediate traders.“Manual installation”: Where you download, install, and configure my Expert Advisors by yourself, in your preferred VPS or your own computer. Best for advanced/professional traders.“MQL5 installation”: Where you download, install and configure my Expert Advisors in your MQL5 VPS or own PC, directly through the MQL5 marketplace platform.It’s up to you which one to choose, and it will probably depend on how much experience you have with Expert Advisors and MetaTrader platforms in general.

When it comes to selecting a risk level which is appropriate for you personally I recommend using the table below. You can find it also on this Telegram channel post.Select the risk level with which you get a maximum historical drawdown, which is 1.5 times smaller than what you can handle. That should give you a good estimate of what your ideal risk level is.

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 parametersSmart Time Filter - enable/disable smart time filter, it is preferred to enable this parameter, unless using custom set files with optimized timing parametersHour 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 weekendsNew Year Holiday Filter - enable/disable Christmas/New Year filter.  It is recommended to use this filter to prevent low-liquidity market tricks during these holidaysStopLoss, in pips - stop loss value in standard 4 digit pips. By default are used different optimal SL values for different pairsHide StopLoss - enable/disable SL hiding. You may use this option to hide your real SL from the brokerRollover Time Filter - enable/disable the rollover filterSwap 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 accountsMax Negative Swap, in pips - max negative swapNews 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 priceMinimum 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 valuesAdjust 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 pipsMinimum Free Margin % - if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed onesTrade Comment - commentUID (0...9) - unique EA instance number. Usually no need to change it, unless using different set files on the same pair (might be needed for advanced users with their own custom configurations). In this case you need to make sure that every set file uses unique UID numberShowPanel -  enable/disable Info-panel. It is better to enable the info-panel, as it will show most of what can go wrong there. But it can be disabled to save VPS resourcesGMT/DST Test - GMT offset in winter and DST in Tester. This parameter has no effect on live trading (unless 'Disable Automatic GMT Detection' is set to true)Disable Automatic GMT Detection - Set it to 'true' to disable automatic GMT detection. You can use the 'GMT Test/Manual' and 'DST Test/Manual' parameters to manually set the GMT offset in live tradingNews Filter can be used in the Strategy Tester. To apply the option you should download the news events data file 'NewsEvents.txt' and copy it to the common MT4/5 directory - '\Common\Files' (File -> Open Data Folder -> Up to ‘Terminal’ -> Common -> Files). The data file can be found using the link above