Question 1

How does News Catcher Pro MT5 work?

Accepted Answer

News Catcher Pro MT5 is a news trading EA that focuses on high-impact economic events. It waits for news-driven volatility, then uses mean-reversion logic combined with machine learning filters to find trading opportunities after the initial market reaction.

Question 2

Is News Catcher Pro safe to use around news?

Accepted Answer

While it is designed for news trading, the EA uses strict news timing filters (90 minutes before and 10 minutes after) and ML-based filtering to avoid trading during the most volatile moments, helping to reduce risk.

Question 3

Does News Catcher Pro use Martingale or Grid?

Accepted Answer

It does not use classic Martingale. However, it has an optional Grid mode with Weighted TakeProfit, allowing it to manage multiple levels in a controlled way when needed.

Question 4

Does the EA have a News Filter?

Accepted Answer

Yes. It features an Advanced News Filter with customizable timing. By default, it avoids opening trades too close to major news releases to prevent unpredictable price spikes.

Question 5

Which currency pairs does it trade?

Accepted Answer

It mainly trades major pairs such as EURUSD, GBPUSD, and EURGBP. The EA limits the number of symbols and net currencies at the same time to maintain better risk control.

Question 6

What is the recommended minimum capital?

Accepted Answer

We recommend starting with at least $100 – $2,000 when using 0.01 lot. Because the EA can use grid logic and has wide stop losses, sufficient capital is important for proper risk management.

Question 7

Can News Catcher Pro be used with prop firms?

Accepted Answer

It can be used with some prop firms, but you should check their rules carefully. Many prop firms have restrictions on news trading and grid strategies, so it’s important to review their guidelines before using this EA.

News Catcher Pro MT5Premium

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