News EA (Close All / Turn Off AutoTrading)
News-event auto-close/AutoTrading-disable utility · DLL required · MT4
About News EA (Close All / Turn Off AutoTrading)
This category of News EA tools, documented via projects like the open-source "News Stopper EA" (faraz-hk, GitHub) and discussed extensively on stevehopwoodforex.com and Forex Factory, are MetaTrader 4 utilities that monitor scheduled news events and automatically close open positions and/or disable AutoTrading before and after high-impact releases, re-enabling once the risk window has passed.
Some variants allow selective closing — e.g. only closing orders/charts directly affected by the news currency (a USD news event would only close USD-pair positions, leaving others open). Because this class of tool typically needs to interact with the MT4 terminal's AutoTrading state at the Windows level, many implementations require DLL imports to be enabled (Tools → Options → Expert Advisors → "Allow DLL imports").
- Platform: MetaTrader 4
- Type: News-event auto-close / AutoTrading-disable utility
- Selective mode: Some variants close only currency-affected positions
- Requirement: DLL imports must be enabled for full functionality
- Price: Free (open-source variants available)
- Source: GitHub · News Stopper EA — disable auto trading before/after news events