News Catcher Pro

News-event mean-reversion EA · GBPUSD EURUSD EURGBP · Live calendar · ATR risk mgmt · MT4

About News Catcher Pro

The News Catcher Pro (NCP) is a mean-reversion Expert Advisor for MetaTrader 4 and MT5, available on the MQL5 Market (product/72439), created by developer Valeriia Mishchenko. It is built specifically around intraday seasonal volatility patterns caused by high-impact economic news events — entering the market at a precisely timed window shortly before a scheduled high-impact release, rather than trading continuously.

The EA trades a mean-reversion strategy on GBPUSD, EURUSD, and EURGBP, opening both pending and market orders based on live data pulled directly from the MQL5.com economic calendar. Its design emphasises disciplined, low-frequency exposure through an advanced real-time news filter, ATR-based risk management, and strict time-controlled exits — trading selectively around specific catalysts rather than constantly.

Platform: MetaTrader 4 & MT5
Pairs: GBPUSD, EURUSD, EURGBP
Strategy: Mean-reversion around high-impact news events
News data: Live feed from MQL5.com economic calendar
Risk management: ATR-based, strict time-controlled exits
Trade frequency: Low — disciplined, selective exposure only around catalysts
License: 10 MT4/MT5 licenses, lifetime, 14-day free trial
Developer: Valeriia Mishchenko
Source: mql5.com/en/market/product/72439

Key Features

✓ News-catalyst specialist — exploits a specific, well-documented volatility pattern rather than generic price action

✓ Live MQL5 calendar integration — timing is data-driven, not manually scheduled

✓ Low trading frequency — selective, high-conviction entries reduce overtrading risk

✓ ATR-based risk management — position sizing adapts to current volatility conditions

⚠ News trading requires reliable low-latency execution — verify your broker doesn't widen spreads excessively around releases

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