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WONNFX NEWS FILTER EA
[MT4 / MT5]

WONNFX NEWS FILTER EA -

Free News Filter

for MT4 and MT5 [v10.8]

EA Description

is a simple yet indispensable tool for automatically managing risk during major economic news releases. The EA downloads an economic calendar and monitors the timing of upcoming events. When high-impact news is approaching (based on your settings), the robot automatically disables auto-trading in the terminal and re-enables it once the news period has passed.

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EA INSTALLATION INSTRUCTIONS USER GUIDE EA Support the release and update of free MT5 MT4 content
Key Features:
  • Automated Auto-Trading Control: Protects your account from unwanted trades during periods of high volatility.
  • Close Positions Before News: Optionally forces the closure of all open orders a specified number of minutes before the event.
  • Spread Control: Can close positions if the spread widens beyond a set value (protection against spread expansion during news).
  • Flexible Filtering: Choose the importance of news events (High, Medium, Low) and the specific currencies you want to monitor (USD, EUR, GBP, etc.).
  • Visual Feedback: Displays vertical lines on the chart for upcoming news and an information panel showing the current status.
  • Up-to-Date Data: Automatically updates the news list at a user-defined interval.
Versions:
  • WONNFX NEWS FILTER EA [MT4] v10.8 — For the MetaTrader 4 terminal.
  • WONNFX NEWS FILTER EA [MT5] v10.8 — For the MetaTrader 5 terminal.
  • Both versions are completely free and have identical functionality and settings.
Installation and Usage Guide:
  • Step 1: Terminal Configuration (IMPORTANT!)

To function correctly, the EA needs to download a news file from the internet. By default, this feature is disabled in MetaTrader terminals for security reasons. You must enable it manually.
  1. Open your terminal (MT4 or MT5).
  2. Go to the main menu: "Tools" -> "Options" -> "Expert Advisors" tab.
  3. In the "Allow WebRequest for the following URLs" section, check the box.
  4. In the input field, add the URL: https://nfs.faireconomy.media
  5. Click "OK".
If you skip this step, the EA will not be able to load any news!

  • Step 2: EA Installation
For MT4:
  1. Download the archive and extract the file WONNFX NEWS FILTER EA [MT4] v10.8.ex4.
  2. Copy the file to the /MQL4/Experts/ folder of your trading terminal.
  3. Refresh the list of Expert Advisors in the "Navigator" window or restart the terminal.
For MT5:
  1. Download the archive and extract the file WONNFX NEWS FILTER EA [MT5] v10.8.ex5.
  2. Copy the file to the /MQL5/Experts/ folder of your trading terminal.
  3. Refresh the list of Expert Advisors in the "Navigator" window or restart the terminal.
  • Step 3: Attaching to a Chart
  1. Drag and drop the EA onto any chart (e.g., EURUSD).
  2. In the settings window that opens, go to the "Common" tab and check the box "Allow Auto Trading" . The EA needs this permission to be able to disable and re-enable auto-trading on your behalf.
  3. Configure the input parameters according to your preferences (see the detailed description below).
  4. Click "OK".
The EA will now begin loading the news calendar. The first load can take anywhere from 0 to 20 minutes. The EA's status will be displayed on the panel in the top-left corner of the chart.

=Setting the "Time shift" parameter in the Advisor=

For example, if you check by UTC time (+3) at your broker.

Then the UTC "Time Shift" parameter = "3" summer time / "2" winter time.


*You need to set the "Time Shift" parameter correctly for accurate display and definition of news (depending on your broker's time)

After setting the "Time Shift" parameter and loading data on news events - additionally check the data on another portal (so that everything matches and is displayed correctly)

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⚡ WONNFX NEWS FILTER EA v10.8 — ININPUT PARAMETERS GUIDE

An automatic news filter for MT4 and MT5. Disables auto-trading during important economic events.

⚙️ CRITICAL SETUP STEP: In your terminal options (Tools -> Options -> Expert Advisors), you MUST add the URL https://nfs.faireconomy.media to the list of allowed URLs for WebRequest. The EA will not work without this.

MAIN NEWS PARAMETERS

  • News Filter ON/OFF — The master switch for the entire EA functionality.
  • Minutes before news to disable trading — How many minutes before a news event to disable auto-trading (and close positions, if that option is enabled).
  • Minutes after news to enable trading — How many minutes after the news event to re-enable auto-trading.
  • Close all positions before news — If set to true, all market orders will be forcibly closed and pending orders deleted before the news period starts.

EVENT FILTERS

  • High / Medium / Low news — Enable or disable news of different importance levels. You can ignore low-impact "noise" and focus only on High-impact events.
  • High / Medium / Low color — The colors used for drawing news lines on the chart and displaying news in the panel.
  • Symbol filter — A currency filter. Enter a comma-separated list without spaces. Example: USD,EUR,GBP. If left empty, news for all currencies will be considered.

CHART VISUALS

  • Show news lines on chart — Draw vertical lines on the chart at the exact time of the news event.
  • News update interval (minutes) — How often to refresh the news list from the internet (default is 15 minutes).
  • Only Future news — Display only upcoming news events on the panel and chart (hides events that have already passed).
  • Time shift — Shift the news time (in hours). May be needed if your broker's server time differs from the calendar's time zone.

️ INFORMATION PANEL SETTINGS

  • Show info panel — Enable the display of the status panel on the chart.
  • Show panel border — Show a border around the panel.
  • Panel colors — Customize the colors for the background, text, and status indicators (Active/Inactive).
  • Panel X / Y position — The screen coordinates for the panel's top-left corner.

️ PROTECTION & MISC

  • Max Spread close all orders (pips) — Protection against spread widening. If the spread exceeds this value (in pips), all positions will be closed. A value of 0 disables this function.
  • Info links — Informational fields containing links to the website and donation page. You can leave these as they are.

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