The News Filter MT4 is a tool designed to filter all expert advisors and manual charts during news events. It includes an order management system to handle open positions and pending orders before news releases. Users can customize news selection and manage trading strategies, ensuring optimal performance during volatile market times.
Advantages of The News Filter MT4
The News Filter MT4 is an essential tool for traders looking to minimize their risks and enhance their trading strategy during news events. Here are some of the key advantages that this product offers:
Comprehensive Filtering Capabilities
- All-in-One Solution: The News Filter MT4 can filter both expert advisors and manual charts during news times, ensuring a smoother trading experience.
- Customizable News Events: Users can add their own custom news events, allowing for tailored filtering based on personal trading strategies.
- Multiple Currency Selections: The product allows you to filter news based on any number of currencies, empowering traders who operate in diverse markets.
- Keyword Identification: Select news based on keyword identification, making it easier to focus on the most relevant information.
- Automatic Mode: The automatic mode helps filter news related to the current chart, streamlining the process.
- Frequent Updates: The news source refreshes automatically based on user-defined intervals, ensuring timely information.
- Pre and Post-News Filtering: Users can input minutes before and after news events to filter trades, enhancing risk management even further.
Advanced Order Management System
- Efficient Position Management: The system enables closing of open positions and deletion of pending orders before news, with options to restore them afterward.
- Flexible Stop-Loss and Take-Profit Management: Users can remove, move, and restore stop-loss and take-profit levels, giving them full control over their trades during news events.
- Targeted Order Selection: Easily select orders to manage based on chart symbols, magic numbers, and comments for precise control.
Additional Features
- Built-in API: Developers can integrate the news filter directly into their source code, enhancing the product’s versatility.
- Seamless Integration: Automatically detects both expert advisors and manual setups, simplifying the user experience.
- Preventing New Positions: Stops other expert advisors from opening new positions during news, safeguarding from unexpected volatility.
- Unique Inputs: The feature to have distinct inputs for every filtered chart, catering to diverse trading needs.
- Interactive Display: The news display is interactive, and users are provided with useful notifications directly to their MT4 mobile application.
- Visual Indicators: The ability to plot vertical lines during news events aids traders in staying informed at a glance.
Simplified Setup Process
The setup process for The News Filter MT4 is straightforward:
- Attach The News Filter to a new, empty chart to display all filtered charts.
- Attach “Filter This” to any chart you wish to filter. The product will automatically detect expert advisors or filter manual setups.
- Click “Filter Selected” on the main chart to begin filtering news from any desired chart.
By investing in The News Filter MT4, traders can enhance their strategies and navigate market volatility more effectively during critical news events.
For more detailed instruction and a demonstration video, be sure to check the provided links. Purchase The News Filter today and take command of your trading during news times!
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