Available soon

NewStorm

NewStorm is an MT5 expert advisor that opens trades around high-impact news events and can manage them with ATR-based grid baskets, trailing stops and drawdown reduction. It includes an on-chart panel for manual control.

News trigger mode with currency and keyword filters
Grid baskets in buy and sell directions with optional ATR spacing
Dynamic lot and grid allocation after a set number of trades
Drawdown reduction and trailing stop options
On-chart panel for manual buy, sell and close actions
Configurable trading time window

Type: Expert Advisor
Platform: MetaTrader 5
Strategy: Scalping, Grid
Status: Launching soon

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Overview

NewStorm is an expert advisor for MetaTrader 5 built around news events. It watches a news calendar, reacts to high-impact releases for a chosen currency and can then manage the resulting trades either with fixed stop loss and take profit levels or with a grid recovery system.

How it works

The EA is a framework rather than a single fixed strategy. You decide which parts to switch on, so it can behave like a short-term scalper around a release or like a slower position that relies on your own fundamental view.

News trigger mode

In this mode the EA reads an external news calendar and starts trades when a high-impact event for the selected currency occurs. Events can be filtered by keywords, which lets you focus on particular releases and ignore others.

Grid baskets

Trades are grouped into baskets for each direction. If price moves against a basket, further orders are added at set intervals. With the ATR option enabled, the spacing adapts to current volatility instead of staying fixed.

Other management features

Dynamic allocation, which changes lot size and grid distance after a chosen number of trades.
Drawdown reduction, which becomes active after a set number of trades and under certain profit conditions.
Trailing stop, which starts once price has moved in your favour by a set number of points.
Trading window, which limits activity to chosen hours of the day.
On-chart panel, which lets you open or close trades by hand and shows profit and basket counts.

Markets and timeframes

Two example setting files are supplied, one for XAUUSD and one for EURUSD. Both rely on grid recovery. Other symbols can be tried, but spreads, contract sizes and news sensitivity differ, so inputs need to be reviewed carefully. Confirm the recommended timeframe in the user guide.

Settings

Exact values depend on the symbol and your risk limits, so start from the supplied example sets and change one group at a time.

Group	What to check
News trigger	Currency, impact level, keyword filters
Lot sizing	Starting lot, dynamic allocation step
Grid	Fixed distance or ATR-based spacing, maximum trades
Exit rules	Stop loss, take profit, trailing start and step
Drawdown reduction	Trade count and profit conditions
Time window	Start and end hours, using your broker's server time

Risk

Combining news trading with a grid can expose an account to large drawdowns, because spreads widen and prices can gap during releases. The author suggests about 1000 USD for a 0.01 starting lot with grid recovery, but this is only a guide. Make sure you understand every setting before using a live account.

Trading carries risk and you can lose more than you expect. Past results, including any published signals, do not predict future ones. Test on a demo account first.

Installation

In MetaTrader 5 choose File, then Open Data Folder.
Place the expert advisor in MQL5/Experts and restart the terminal or refresh the Navigator.
Open a chart of the symbol you want to trade and drag the EA onto it.
Enable Algo Trading and allow automated trading in the EA properties.
Load an example settings file, then review lot size, grid and time window inputs.
If the news calendar needs web access, check the user guide for the permission to add in the terminal options.

Because news events cannot be backtested, watch the EA on a demo account through several releases before relying on it.

Specifications

Product type	Expert Advisor
Platform	MetaTrader 5
Strategy focus	Scalping, Grid
Delivery	Download from your account after purchase
License key	Not needed
Status	Launching soon
Category	Expert advisor
Trade style	News-triggered entries, scalping, grid recovery
Markets	Forex pairs and gold; example sets for XAUUSD and EURUSD
Timeframes	Not fixed; check the user guide and example sets
Suggested balance	Author suggests about 1000 USD for a 0.01 start lot with grid
Backtesting	Not practical, as news events cannot be replayed in the tester
Controls	On-chart panel plus input parameters

Reviews

No reviews yet. Customers who own NewStorm can review it here.

Before you run it on a live account

Backtest it properly. Use real tick data and your broker's spread. How to backtest an EA
Load the right set file. Use the settings file for your symbol and timeframe, and check the digits and GMT offset against your broker. Set files in MT4 and MT5
Run it on a demo account. A few weeks of live demo trading shows how it handles real spreads and slippage.
Size it to your risk. Set the lot size from the amount you're prepared to lose per trade. Position size calculator
Know the worst case. Check how deep a losing streak could take the account. Risk of ruin calculator
Keep it running. An EA only trades while its terminal is open. Running an EA on a VPS
If it opens no trades, check the Algo Trading button, the EA's own permission and its filters before anything else. EA not trading checklist

Frequently asked questions

Does NewStorm work on MT4?

No. This listing is for MetaTrader 5 only. An MT5 build will not load on an MT4 terminal, so check which platform your broker account uses before buying.

Can I backtest it in the Strategy Tester?

Not in a meaningful way. Trades are triggered by live news calendar events, which the tester cannot reproduce. Most users test on a demo account first and watch how it behaves around several releases before using real money.

Which markets does it trade?

Two example setting files are provided, one for XAUUSD and one for EURUSD. Both use grid recovery. Other symbols may be possible, but you would need to adjust the inputs yourself and check your broker's spreads and symbol names.

How much capital do I need?

The author suggests around 1000 USD for a 0.01 starting lot when grid recovery is on. This is a guide rather than a safe level. Grid methods can build large exposure, so size positions for your own risk tolerance and check the current documentation.

How do I install it?

Copy the expert advisor into the MQL5/Experts folder via File, Open Data Folder in MetaTrader 5, then restart the terminal or refresh the Navigator. Drag it onto a chart, enable Algo Trading and load one of the example settings. Check the user guide for any news calendar permission needed in the terminal options.

Can I use it with any broker?

Generally yes, provided the account is MT5 and allows expert advisors. Spreads, slippage and execution speed around news can vary a lot between brokers, which affects results, so test on a demo account with your broker first.

NewStorm

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