Risk Guard Prop
MetaTrader 5 Expert AdvisorDaily and weekly loss locks, trailing drawdown, lot caps, forced stop-loss and trading windows, enforced on every position.
US$39 MQL5 MarketDetails & specs
News Guard Prop
Does what your prop firm's news rule asks, automatically, every time.
Overview
What News Guard Prop does
News Guard Prop reads the MetaTrader 5 economic calendar for the currencies you actually trade, then does, automatically and every time, what a prop-firm rule book asks for around a news release.
Features
Everything it does
Around each event
FlattenClose all positions, or only the losing ones, N minutes before the event.
Delete pending ordersSo a spike cannot fill them.
Protect winnersMove stops to break-even with an offset, and cap stop distance (only ever tightening).
Flag new tradesPositions opened inside the news window are flagged, with close options.
Signal other EAsSets terminal global variables other Expert Advisors can read.
Event selection
Importance filterHigh only, moderate and high, or all.
CurrenciesDetected automatically from the positions it manages, or set by hand.
Keywords and custom eventsInclude or exclude events by keyword, and add your own events for brokers with an outdated calendar.
Display and control
Countdown panelTime to the next events, with chart lines coloured by importance.
Journal and alertsCSV journal of every action; terminal, push and email alerts.
Observe-only, pause, restart-proofTest without executing, pause without removing it, and keep state across restarts.
Specifications
Technical details
- Platform
- MetaTrader 5 (desktop terminal)
- Licence
- One-time US$39, or rent US$30 for 3 months
- Activations
- 5 per purchase
- DLLs / external files
- None
- Try before buying
- Free demo in the MT5 Strategy Tester
- Type
- Expert Advisor (news filter)
- Calendar
- MetaTrader 5 built-in economic calendar
- Account types
- Hedging and netting
FAQ
News Guard Prop: questions
Where does the news data come from?
The economic calendar built into MetaTrader 5, refreshed every N minutes. You can add custom events if your broker's calendar is outdated.
Can I see what it would do first?
Yes. Observe-only mode logs every action without executing it.
Related
Also from Brain Grain
Smart Loss Exit Prop
MetaTrader 5 Expert AdvisorCuts losing positions on eight rules (ATR, time, EMA, RSI, money cap, give-back and more) before they reach the hard stop.
US$39 MQL5 MarketDetails & specs
Need it customised, or something like it built?
News Guard Prop started as a problem someone described. Tell us yours, and we reply with what is actually needed before we quote.