- February 19, 2025
- Posted by: Forex Wiki Team
- Category: Free Forex EA

Introduction
The NewsStrike EA is a forex trading tool designed to capitalize on major fundamental news events. By opening two pending orders—Buy Stop and Sell Stop—it aims to capture significant market movements during volatile news releases. This article provides an in-depth review of the NewsStrike EA, exploring its features, settings, advantages, and disadvantages.
Technical Specifications
Version: 1
Year of issue: 2025
Working pairs: Any
Recommended timeframe: Any
Minimum Deposit: $500
Average of account: 1:30 To 1:1000
Best Brokers List
NewsStrike EA System works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
How NewsStrike EA Works
The NewsStrike EA operates within a specific time frame, from a set period before the news release to an expiration time. It follows a sequence of states:
- Waiting: The EA is on standby, waiting for the pre-set activation time.
- Passed: The EA has executed trades based on market conditions.
- Expired: The EA has reached its expiration time and ceases trading.
Once attached to a chart, the EA displays key information, including trade type, lot size, gap, take profit (TP), stop loss (SL), trailing settings, and activation/expiration times.
Key Features of NewsStrike EA
Trade Settings
- Trade Type:
- Buy Trade (opens only a Buy Stop order)
- Sell Trade (opens only a Sell Stop order)
- Both (opens both Buy Stop and Sell Stop orders)
- Lot Size: Determines the volume of the trade.
- Buy/Sell Gap: Defines the price gap for pending orders.
- Take Profit & Stop Loss: Set exit levels for risk management.
- Comment & Magic Number: Identifiers for trade tracking.
Trailing Settings
- Enable Trailing: Activates trailing stop to secure profits.
- Trail Only Profit: Trails only when the trade is profitable.
- Trailing Start: Defines the initial point where trailing begins.
- Trailing Step: Specifies the incremental movement of the trailing stop.
Time Settings
- News Time: The specific time when the EA initiates trades.
- Expiration Time: Defines when the EA stops placing trades.
- Seconds Before News Time: Allows trades to be placed just before the news release to avoid extreme volatility.
Additional Settings
- Trade Only Once: Ensures the EA executes trades only once per setup.
- Cancel Opposite Order: Cancels the untriggered pending order if one trade is executed.
- Close Pending Orders on Expiry: Removes all pending orders after expiration.
- Close Live Orders on Expiry: Ensures all active trades are closed once the EA expires.
Expected Results and Performance Analysis
-
Strong Performance in High Volatility Events
- When major economic news (like Non-Farm Payrolls, CPI reports, or central bank rate decisions) is released, the NewsStrike EA can capture large price movements.
- If executed correctly with minimal slippage, profits can be significant as the price moves rapidly in one direction.
-
Challenges with Slippage and Spread Widening
- Some traders report mixed results due to high slippage during volatile events, meaning orders may not be executed at the desired price.
- Spreads may widen excessively, reducing the effectiveness of take profit (TP) and increasing the risk of early stop loss (SL) hits.
-
Success Rate Based on Broker Execution
- ECN brokers with low latency and minimal slippage tend to yield better results.
- Market makers and brokers with dealing desks may restrict or delay execution, affecting profitability.
-
Long-Term Profitability Considerations
- Traders using VPS (Virtual Private Server) for fast execution generally report better results.
- While the EA can generate profits during key news releases, overuse or improper risk management can lead to potential drawdowns.
Live Trading Results
- High-impact news trades: Users report profits ranging from 10-50 pips per trade if executed efficiently.
- Slippage impact: Some users experience negative slippage, reducing potential gains or leading to losses.
- Consistency: While the EA can be profitable in major news events, inconsistent execution across different brokers affects long-term profitability.
Advantages of NewsStrike EA
- Captures Volatile Market Movements: NewsStrike EA is effective for high-impact news trading, allowing traders to capitalize on sharp price movements.
- Automated Trading: Eliminates manual execution, reducing emotional bias and human errors.
- Flexible Trade Management: Customizable settings such as trailing stops and lot sizes enhance risk management.
- Pre-set Activation and Expiry: Ensures trades are executed only within a designated time window.
- Multiple Safety Features: Options to cancel opposite orders and close trades at expiry help in risk mitigation.
Disadvantages of NewsStrike EA
- High Slippage Risk: During major news events, brokers may experience slippage, causing orders to be executed at unfavorable prices.
- Broker Restrictions: Some brokers have limitations on trading strategies like straddling, leading to potential execution delays or rejections.
- Requires Low-Latency Execution: To maximize efficiency, traders may need a VPS (Virtual Private Server) to reduce execution delays.
- Not Suitable for All Market Conditions: While effective for news trading, it may not perform well in ranging or low-volatility markets.
- Potential Order Rejections: Due to high spreads and liquidity issues, pending orders might not be triggered as expected.
Conclusion
The NewsStrike EA is a powerful tool for traders who specialize in news trading. Its ability to automate trades and adapt to rapid market movements provides an edge during high-impact economic releases. However, traders must consider factors such as broker limitations, slippage, and execution speed to fully harness its potential. Proper risk management and strategic settings are essential to ensure profitability and minimize losses when using this EA.