News Scope EA Pro

==== Risk Management ====

• FixedLots - fixed trading volume (works if AutoMM=0).
• AutoMM - values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

• Slippage - maximal allowed slippage for position opening.
• MaxSpread - maximal allowed spread for position opening.
• MagicNumber - magic number - it is extremely important to keep this different for all robots.
• StartTrail - value in pips. When trade's profit is equal to this value the EA set trailing stop.
• TrailStop - value in pips. The trailing stop value.
• EA_Coment - text which will be added as a comment to each trade opened by News Scope EA PRO.

==== Pending Orders Settings ====

• PlaceOrders_OnInit - true/false - whether to place or not pending orders during initialization of the EA.
• ExitAll_OnDeinit - true/false - whether to close or not all orders during de-initialization of the EA.
• ExitAll_OnInit - true/false - whether to close or not all orders during initialization of the EA.
• CloseOnTradeHour - true/false - whether to close or not all orders before to place pending orders.
• TradeDirection - possible values: -1 only short trades; +1 only long trades; 0 long and short trades;
• AddDistance - the distance between the current price and the first pending order in pips.
• AddStep - the distance between each pending orders in pips.
• AddCount - the number of pending orders to be placed.
• StopLoss - the stop loss value for pending orders. 0 - means not stop loss.
• ExpireMinutes - the expiration time for pending orders in minutes.
• CloseOnReversePips - when there is a reverse X pips then the EA will close all active orders with the idea to protect the profit. (X is value of CloseOnReversePips)

==== Time Management System ====

With the Time Management System you can set which days the EA to trade. By default it trades every weekday.

• MondayTrading - true/false - enable or disable trading on Monday
• TuesdayTrading - true/false - enable or disable trading on Tuesday
• WednesdayTrading - true/false - enable or disable trading on Wednesday
• ThursdayTrading - true/false - enable or disable trading on Thursday
• FridayTrading - true/false - enable or disable trading on Friday

==== Static News Trading ====

There are 5 slots for setting custom time for placing pending orders. For example the news will be at 11:30 then you can set TradeHour_1=11 and TradeMinute_1=29. The EA will place pending orders 10 seconds before the news time - i.e. 11:29:50. If you wish to set the pending orders earlier for example 30 seconds before the news then set TradeSeconds=30. By default this parameter has value 50 which means 10 seconds before the news.

• TradeHour_1 - hour for placing pending orders. Slot 1.
• TradeMinute_1 - minutes for placing orders. Slot 1.
• TradeHour_2 - hour for placing pending orders. Slot 2.
• TradeMinute_2 - minutes for placing orders. Slot 2.
• TradeHour_3 - hour for placing pending orders. Slot 3.
• TradeMinute_3 - minutes for placing orders. Slot 3.
• TradeHour_4 - hour for placing pending orders. Slot 4.
• TradeMinute_4 - minutes for placing orders. Slot 4.
• TradeHour_5 - hour for placing pending orders. Slot 5.
• TradeMinute_5 - minutes for placing orders. Slot 5.
• TradeSeconds – its default value is 50 and this means that pending trades will be placed 10 seconds before the news time. If you follow the above example which is 11:29:50 you will easily find what this parameter does.
• DeleteAfterSeconds - placed pending orders will be deleted after X second (X is value of DeleteAfterSeconds)

==== GMT Settings ====

• GMT_Offset - winter GMT offset of your broker.
• Calculate_DST - true/false - Set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker use same GMT offset whole year.

==== News Filter Settings ====

• PlaceOrdersOnNews - true/false - enable/disable placing trades before news.
• Include_Medium_News - true/false – include, or not the medium impact news. The high impact news are included by default.
• NFP_FOMC_ONLY - true/false - when true the EA will place pending orders only during NFP and FOMC news.
• PlaceOrdersBefore - value in seconds. The EA will place the pending orders X second before the news (X is value of PlaceOrdersBefore).
• DeleteAfterNews - placed pending orders before news will be deleted after X second (X is value of DeleteAfterNews). This parameter is different than DeleteAfterSeconds. It is only for panding orders placed before news while DeleteAfterSeconds is for pending orders placed based on the Time Management System.
• Tolerance - the EA may place the pending orders with X seconds delay (X is value of Tolerance).. Sometimes there are not ticks at the right moment and the EA may wait a few second for the first tick to appear after the right moment.

==== Notifications ====

• EMAIL_Notification - true/false - enable/disable email notifications.
• PUSH_Notification - true/false – enable/disable push notifications to mobile phones.

Configure MT4 terminal to allow WEB Requests to the following url: http://www.fxautomater.com Only this way the news filter will be able to work properly!

You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):