News Catcher Pro EA v4.24 MT4 with SetFiles (Terminal 1422+)

What is News Catcher Pro EA?

News Catcher Pro MT4 employs a mean reversion approach, leveraging seasonal intraday volatility patterns triggered by significant news events. The Expert advisor (EA) strategically enters the market just before such events occur, focusing on GBPUSD, EURUSD and EURGBP pairs, and operates within the M5 timeframe. Trading frequency is selective, targeting optimal opportunities.

• Vendor website: Click here

News Catcher Pro Overview

About the author

This product is compiled by Valeriia Mishchenko. This Russia author has more than 3 years of experience working on MQL5 with many famous products such as Night Hunter Pro, Evening Scalper Pro, Perceptrader AI and other products. Among them, News Catcher Pro is his best performing product.

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News Catcher Pro is developed by experts

News Catcher Pro’s professional trading features

1. Main features:

• Mean reversion strategy: Focuses on taking advantage of market movements that tend to revert to the mean after high-impact news events.
• News filter: Identify and react to high-impact news events (Can be used for backtesting).
• Single chart setup: Manage trades across multiple currency pairs using a single chart.
• Professional risk management: Set Take profit (TP) and Stop loss (SL) targets based on market movements.

2. Additional features:

• Backtesting and solid live performance: Allows for real-time historical and trade testing.
• Automatic GMT detection: Automatically adjusts to your time zone.
• Trade control: Enable/disable buy/sell, hedge and set maximum open positions.
• Position management: Define position holding time and Friday closing time.
• Professional management system integration: FIFO system integration supports professional system management.

3. What is News Catcher Pro’s trading strategy?

• News event focus: Enter and exit trades around high-impact news events.
• Price channels: Use price channels (PCh) to identify potential entry and exit points.
• Daily ATR: Look at the Average True Range (ATR) for volatility-based Stop loss and Take profit levels.
• Time management: Limit the time you hold a position and stop trading before the weekend.

News Catcher Pro MT4 Review

1. News Catcher Pro Results:

News Catcher Pro has consistently demonstrated its ability to generate stable and secure profits in real-world trading scenarios. With an initial investment of just $200, the system has achieved a remarkable 91% total profit over 84 consecutive trading weeks. Moreover, its maximum drawdown risk of 18.3% highlights the system’s resilience and risk management capabilities.

Key performance metrics:

• Initial investment: $200
• Total profit: 91%
• Consecutive trading weeks: 84
• Maximum drawdown: 18.3%
• Live Signal: Click here 

News Catcher Pro Real Trading Results

2. News Catcher Pro backtest:

News Catcher Pro passes backtesting tests in the years 2008 – 2024 showing unlimited profit potential in the future. At the same time, the advisor is optimized and uses professional trading strategies, the drawdown risk level is maintained at 10%.

News Catcher Pro MT4 Review

News Catcher Pro MT4 Review

3. Profit performance evaluated by professional Traders:

News Catcher Pro is a highly rated trading advisor by professional traders in the MQL5 community. The ratings show transparency and real performance in the long term.

News Catcher Pro is highly rated by the MQL5 Community

Recommended settings

Recommended settings and parameters to pay attention to from developers and experts:

>>> Reviewed by David Easton

What’s in the package?

• Experts: News Catcher Pro EA V4.24_fix_1420.ex4
• Presets:
  • NCP_Default.set
  • NCP_Trail_ProfLimit.set
  • NCP_Trail_ProfLimit_AddTrades_Hedging.set

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