AutoNewsTraderEA is a MetaTrader 4 Expert Advisor source file. Static analysis documents Trailing Stop, Risk or Lot Sizing, File Access, 19 exposed input declarations, and 2 include dependencies.
Source-code analysis only. No backtest or live-performance claim is provided.
Source code overview
- Platform: MT4
- Resource type: Expert Advisor
- File format: .mq4
- Event handlers:
init,deinit,start
Detected code components
- Trailing Stop
- Risk or Lot Sizing
- File Access
Input parameters
| Parameter | Type | Default | Code comment |
|---|---|---|---|
Pipsaway |
int | 10 |
|
TP |
int | 20 |
The Exact Amount Of the Pips u will get as the profit in your account |
SL |
int | 10 |
Stop Loss amount in pips |
CTCBN |
int | 0 |
Numbers Candles to check Before News For determining High & Lows , when it is 1 it check 2 candles the current candle and the 1 last one |
SecBPO |
int | 120 |
Seconds Before News Which EA Will Place Pending Orders |
SecBMO |
int | 0 |
Seconds Before News Which EA Will Stop Modifying Orders |
STWAN |
int | 150 |
Seconds To Wait After News to Delete Pending Orders |
OCO |
bool | true |
One Cancel The Other , will cancel the other pending order if one of them is hit |
BEPips |
int | 0 |
Pips In profit which EA will Move SL to BE+1 after that |
TrailingStop |
int | 0 |
Trailing Stop |
mm |
bool | false |
|
RiskPercent |
int | 3 |
|
Lots |
double | 0.1 |
|
TradeLog |
string | " MI_Log" |
|
time_zone_gmt |
int | 0 |
London GMT.. adjust to 1 for day light saving |
news_url |
string | "https://quant.b123.com/" |
|
trade_low_news |
bool | false |
|
trade_high_news |
bool | true |
|
trade_medium_news |
bool | true |
Dependencies and package notes
MarketNewsLib.mqh– matched_in_supplied_librarystdlib.mqh– not_in_supplied_library
The downloadable derivative replaces non-runtime external URLs and contact details with the B123 site URL. Functional runtime endpoints remain unchanged to avoid breaking code.
Compilation and first test
- Place the source and required dependencies in the matching MetaTrader data folder.
- Compile it in MetaEditor and resolve every error before use.
- Inspect the inputs and code risks, then test only on a demo account or isolated chart.
Code and operational risks
- The code accesses files in the MetaTrader sandbox. Inspect filenames, read/write behavior, and retained data before use.
- The source contains risk or lot-sizing logic. Confirm defaults against account size, symbol specifications, and maximum exposure.
- One or more include files were not matched in the supplied MQH library. They may be standard MetaTrader includes or external dependencies.
Download access
Registration and sign-in are required. WooCommerce grants the private file through a zero-total order. Each account may initially claim 3 distinct free source products per site day.
Questions
What is AutoNewsTraderEA?
AutoNewsTraderEA is a MetaTrader 4 Expert Advisor source file. Static analysis documents Trailing Stop, Risk or Lot Sizing, File Access, 19 exposed input declarations, and 2 include dependencies.
Does this source include verified performance results?
No. This page is based on static source-code analysis and does not provide a backtest, live result, profit, win-rate, or drawdown claim.
What is required before compiling this file?
Install the listed include files and any custom indicators or DLL dependencies, then compile in an isolated MetaEditor data folder.
Why are some external URLs retained in the code?
Only detected functional runtime endpoints are retained to avoid breaking WebRequest or network behavior. Non-runtime URLs and contact details are replaced with the B123 site URL.
Do I need an account to download the source?
Yes. Registration and sign-in are required. WooCommerce grants the private download through a zero-total order, with an initial limit of 3 distinct free source products per site day.
Need a ready-to-use EA instead of source code?
This free download is useful when you want editable MT4 Expert Advisor source code. If you want a cleaner ready-to-use path, compare it with the paid BBTrading products that already include private delivery, setup notes, and backtest evidence where available.
Paid BBTrading alternatives to compare
These products are selected by platform, detected code signals, and available catalog evidence. They are comparison options, not a claim that they use identical logic.
- Albatross ver4 EA – Profitable backtest
- Apex Scalper EA – Profitable backtest
- Aura Absolute EA – Profitable backtest
Want this source checked or fixed?
Diagnostic status: dependency_missing. If the file does not compile, has missing dependencies, or behaves differently on your broker, use the page details when contacting B123/BBTrading support. The free source is a starting point; fixed, compiled, or backtested alternatives may save time.
Common reasons a free source may need work
- missing MQH include files or custom indicators
- legacy MQL syntax written for an older compiler
- broker-specific symbols, digits, spreads, or execution modes
- inputs that need risk review before any demo test
