News Catcher Pro is a mean-reversion strategy that uses intraday seasonal volatility patterns caused by high-impact news events. It enters the market at a certain time shortly before a high-impact news event occurs . It does not trade frequently!
Supported currency pairs: GBPUSD, EURUSD, EURGBP
Recommended timeframe: M5
EA is FIFO compatible
Features:
One Chart Setup: you only need one chart to trade all symbols
Multiple currency pairs support
Solid backtest and live performance
Advanced News Filter (can be used in Strategy Tester)
Auto GMT detection
Self Diagnostic System
How to install
The EA must be attached to ONLY one M5 chart, EURUSD is recommended
If your broker uses a suffix (eg EURUSD.a) you should update names in the Symbol parameter
Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA