
Control Multi Trading News MT5 is an expert advisor that opens trades on forex pairs when economic news events line up with indicator signals. It works on M5 to M30 charts and needs a hedging account.
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Control Multi Trading News MT5 is an expert advisor that combines scheduled economic news with a set of technical indicators. It aims to enter a trade only when both the news calendar and the price action point in the same direction, and it can watch many forex pairs from one chart.
The EA reads a news calendar and sorts events into low, medium and high impact. Each class can be enabled or disabled on its own, so you decide which kinds of announcements are allowed to trigger activity. When a relevant event is near, the EA checks for small price deviations on several indicators: CCI, standard deviation, a moving average, RSI, momentum and MACD. A position is opened only when those readings and the news condition agree.
Open positions are handled with an adaptive breakeven, a trailing stop and partial closing. According to the developer, the profit target adapts to how volatile the news is and to the day of the week, with quicker, smaller exits on Fridays. Treat this as a description of the design, not a promise of any outcome.
The EA is set up for 26 forex pairs, including majors and several EUR, GBP, AUD, NZD, CAD and CHF crosses. It works on M5, M15 and M30, but not every pair is tuned for every timeframe. Pairs such as EURUSD and GBPJPY cover all three, while many crosses are tuned only for M5 or M15. Check the pair and timeframe combinations you plan to use before going live.
The input list is long, but most of it falls into these groups:
| Group | What it controls |
|---|---|
| Pair switches | Enable or disable each of the supported symbols |
| Magic numbers and symbol prefix or suffix | Trade identification and broker symbol naming |
| Risk | Risk-based stop loss, percentage risk, balance or free margin basis, fixed lot, slippage |
| Spread | Maximum spread, stop adaptation to spread, a pause on trend entries when spread is high |
| News filter | High, medium and low impact selection, update interval, protocol choice, line colours and styles |
| Schedule | Weekdays, daily start and end time, GMT handling, Friday cut-off time |
| Display and testing | Information panels and the multi-currency test option |
Exact default values can differ between releases, so review each input in the terminal before running the EA on a live account.
Trading leveraged products carries a high level of risk, and past results, including backtests and monitoring data, do not predict future ones. News events can cause wide spreads, slippage and sudden price jumps. Test on a demo account first and only risk money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account type required) |
| Strategy focus | Signals, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | News-confirmed momentum entries with indicator filters |
| Markets | 26 forex pairs, including EUR, GBP, USD, JPY, AUD, NZD, CAD and CHF crosses |
| Timeframes | M5, M15 and M30, depending on the pair |
| Requirements | Allowed WebRequest URLs for news data; VPS recommended |
| Broker type | 5-digit quotes; hedging account; cent accounts supported |
| Position sizing | Percentage risk from stop loss, or fixed lot |
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No. It is built for hedging accounts only. Before buying, confirm with your broker that your MT5 account uses the hedging mode, because a netting account will not support how the EA manages its positions.
The EA downloads economic news data from the internet. In MetaTrader 5 open Tools, then Options, then the Expert Advisors tab, tick the option to allow WebRequest for listed URLs and add https://ec.forexprostools.com and https://world-time-zone1.com. Without this the news filter cannot update on a live chart.
No. The recommended approach is to attach it to a single chart and switch individual pairs on or off in the settings. If your broker adds a prefix or suffix to symbol names, enter it in the matching setting so the EA can find the symbols.
Yes. The EA includes built-in news data for a limited historical period, so check that your test range falls inside it. A multi-currency test option is available, and the developer says the EA does not need every tick, so M1 OHLC simulation can be used for quicker runs. Test results do not predict live results.
The developer suggests a balance of about 1000 USD, or 10 USD on a cent account, for the recommended pairs and timeframes. Use a broker with 5-digit quotes and reasonably tight spreads, and consider a VPS for continuous running. Always check the settings against your own risk tolerance.
This listing is for MetaTrader 5 only. Files for MT4 and MT5 are not interchangeable, so make sure you install the build that matches your platform.
Control Multi Trading News MT5
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