News Filter MT5 FX

News Filter MT5 FX

Important: Contact me for installation instruction

What Is NewsFilter MT5 FX?

NewsFilter MT5 FX is a professional news protection Expert Advisor for MetaTrader 5. It automatically monitors the economic calendar, detects high-impact news events, closes all open positions before the release, and disables AlgoTrading during the volatility window — then re-enables everything automatically once the window has passed. No manual intervention required.

It is designed to be overlaid on any chart alongside your main trading EA, acting as a silent guardian that activates only when needed.

How It Works

The EA fetches the upcoming economic calendar for the next 7 days at startup and refreshes it every 5 minutes. For each event it computes a time window:

• Stop zone starts N minutes before the news release

• Resume zone starts N minutes after the news release

Both values are fully configurable. When the current broker time enters the stop zone the EA:

1. Closes all open positions across all symbols on the account using a robust retry mechanism

2. Disables AlgoTrading at terminal level via the native MT5 WinAPI toggle — the same button you would press manually

3. Displays a live countdown on the panel showing when trading will resume

When the window expires it re-enables AlgoTrading automatically and resets to normal state. If the EA is removed while AlgoTrading is still disabled, it re-enables it during  OnDeinit  to leave no orphaned state.

Key Features

News Filtering

• Filter by impact level independently: LOW / MED / HIGH — enable or disable each tier

• Filter by currency: monitor only the pairs you trade ( USD ,  EUR ,  GBP ,  CAD ,  AUD ,  NZD , or any combination)

• Optional keyword filter: restrict protection to specific event names (e.g.  "NFP" ,  "CPI" ,  "employment" )

• Upcoming news shown up to 7 days ahead

Position Management

• Closes all open positions account-wide, across all symbols

• Robust retry loop: configurable max attempts and delay between retries

• Full diagnostic logging: every close attempt (success or failure) is printed to the Journal with ticket, symbol, volume and error code

• Alert()  popup if any position could not be closed after all retries — critical for prop firm compliance

AlgoTrading Control

• Uses native MT5 WinAPI  PostMessageW  to toggle the AlgoTrading button — identical to pressing it manually

• Confirms the state change after 400ms and logs a warning if the toggle did not take effect

• Safe re-enable on EA removal via  OnDeinit

Timezone System

• Broker Server Time mode (recommended): automatically calculates the offset between broker time and UTC — zero configuration needed, works with any broker

• Manual GMT mode: set a fixed GMT offset manually; a dedicated Ref. time line on the panel shows the current adjusted time in real-time so you can verify the offset is correct

Info Panel

• Always-on overlay panel showing:

  • Filter status (NORMAL / NEWS WINDOW ACTIVE)

  • AlgoTrading state (ON / OFF / disabled by EA)

  • Open positions count

  • Local broker time

  • Timezone mode and offset

  • Reference time (Manual GMT mode)

  • Live countdown to next news and to stop zone

  • Up to 7 upcoming filtered events with impact color coding

• Each news line color-coded: ? LOW · ? MED · ? HIGH

• Sub-line shows the full event name in grey

• Resume in countdown shown in green during active window

• Fully customizable: position, width, font, size, colors, border

Vertical Chart Lines

• Optional vertical lines drawn at each news event time directly on the chart

• Separate color per impact level (LOW / MED / HIGH)

• Configurable style (solid, dot, dash) and width

• Lines automatically removed for past events on each reload

Ideal For

• Prop firm traders (FTMO, My Forex Funds, The Funded Trader, etc.) where news trading is restricted or positions must be flat before high-impact releases

• Algorithmic traders running EAs 24/5 who need automatic news protection without monitoring the screen

• Any trader who wants a professional, zero-maintenance news guard running alongside their strategy