Back to Products
0.0 (0 reviews)
Featured
Bestseller
Expert Advisors
News Catcher Pro EA MT4 V4.38 – News Scalping Forex Robot | Myfxbook Verified
$499.00
$16.99
96.6% OFFNews Catcher Pro EA MT4 V4.38 is an automated Forex Expert Advisor designed to capitalize on high-impact economic news releases. It automatically detects major market events and executes trades during periods of increased volatility, helping traders capture rapid price movements while minimizing manual intervention.
What is News Catcher Pro EA MT4 V4.38?
News Catcher Pro EA MT4 V4.38 is an automated Forex Expert Advisor designed to capitalize on high-impact economic news releases. It automatically detects major market events and executes trades during periods of increased volatility, helping traders capture rapid price movements while minimizing manual intervention.
Recommended Trading Currency Pairs
The EA performs best on major currency pairs that typically experience significant movement during economic news events.
✅ EUR/USD
✅ GBP/USD
✅ USD/JPY
✅ USD/CAD
✅ AUD/USD
✅ NZD/USD
✅ EUR/JPY
✅ GBP/JPY
Recommended Timeframe
✅ M1
✅ M5
Platform
✅ MetaTrader 4 (MT4)
✅ EUR/USD
✅ GBP/USD
✅ USD/JPY
✅ USD/CAD
✅ AUD/USD
✅ NZD/USD
✅ EUR/JPY
✅ GBP/JPY
Recommended Timeframe
✅ M1
✅ M5
Platform
✅ MetaTrader 4 (MT4)
News Catcher Pro EA MT4 V4.38 Features
Fully automated news trading system
Optimized for high-impact economic events
Fast order execution
Adjustable stop loss and take profit
Spread filter
Slippage protection
Built-in money management
Configurable lot sizing
Magic Number support
Works with ECN brokers
Low CPU usage
Easy parameter customization
Compatible with VPS hosting
Supports multiple currency pairs
Stable execution during volatile markets
News Catcher Pro EA MT4 V4.38 – Best Settings
For the best overall performance, many traders prefer the following configuration:
✅ Use a low-latency VPS.
✅ Trade only major currency pairs.
✅ Risk between 1% and 2% per trade.
✅ Enable AutoTrading in MT4.
✅ Use ECN brokers with low spreads.
✅ Avoid trading during holidays with abnormal liquidity.
✅ Keep the default news filters unless experienced with manual optimization.
✅ Monitor spread conditions before major announcements.
✅ Use the latest version of MT4.
✅ Use a low-latency VPS.
✅ Trade only major currency pairs.
✅ Risk between 1% and 2% per trade.
✅ Enable AutoTrading in MT4.
✅ Use ECN brokers with low spreads.
✅ Avoid trading during holidays with abnormal liquidity.
✅ Keep the default news filters unless experienced with manual optimization.
✅ Monitor spread conditions before major announcements.
✅ Use the latest version of MT4.
Instructions for Installing News Catcher Pro EA MT4 V4.38
01) Download the EA files.
02) Open MetaTrader 4.
03) Select File → Open Data Folder.
04) Navigate to MQL4 → Experts.
05) Copy the EA file into the Experts folder.
06) Restart MT4.
07) Open the Navigator window.
08) Drag News Catcher Pro EA onto your preferred chart.
09) Enable Allow Live Trading.
10) Activate AutoTrading from the MT4 toolbar.
11) Configure your preferred settings.
12) Start trading.
02) Open MetaTrader 4.
03) Select File → Open Data Folder.
04) Navigate to MQL4 → Experts.
05) Copy the EA file into the Experts folder.
06) Restart MT4.
07) Open the Navigator window.
08) Drag News Catcher Pro EA onto your preferred chart.
09) Enable Allow Live Trading.
10) Activate AutoTrading from the MT4 toolbar.
11) Configure your preferred settings.
12) Start trading.
Who Should Use News Catcher Pro EA MT4 V4.38?
News Catcher Pro EA is suitable for:
✅ Forex beginners seeking automated trading
✅ Professional traders
✅ News event traders
✅ Scalpers
✅ VPS users
✅ Traders with limited screen time
✅ Algorithmic trading enthusiasts
✅ Traders wanting emotion-free execution
✅ Forex beginners seeking automated trading
✅ Professional traders
✅ News event traders
✅ Scalpers
✅ VPS users
✅ Traders with limited screen time
✅ Algorithmic trading enthusiasts
✅ Traders wanting emotion-free execution
Download News Catcher Pro EA MT4 V4.38
Download News Catcher Pro EA MT4 V4.38Pros and Cons
Pros
Fully automated
Easy to install
News-focused strategy
Fast execution
Flexible risk management
Works with multiple major pairs
Beginner-friendly
Compatible with most MT4 brokers
Cons
Performance depends on broker execution speed
High spreads during news may affect entries
VPS is highly recommended
Results can vary with market volatility
Requires proper risk management
Backtest Results
Final Verdict – Is News Catcher Pro EA MT4 V4.38 Worth It?
News Catcher Pro EA MT4 V4.38 is a specialized automated trading solution designed for traders who want to benefit from high-impact economic news releases. With intelligent automation, customizable settings, and support for major currency pairs, it can help traders execute news strategies more efficiently than manual trading. Like any automated system, success depends on quality broker execution, proper risk management, and favorable market conditions.
What's Included
File Size
2.63 MB
File Type
ZIP
Downloads
121
Login to add your review.
jorgew5@gmail.com
Jul 29, 2026
"Excellent automation. I especially like the customizable risk settings and how easy it integrates with MT4."
sophiakellam@gmail.com
May 28, 2026
Very useful automated system for volatile market trading. Beginner friendly.
It is an automated Expert Advisor designed to trade around major economic news events on MetaTrader 4.
It works with most MT4 brokers, but ECN brokers with low spreads and fast execution are recommended.
The EA is primarily optimized for M1 and M5 charts.
Major Forex pairs such as EUR/USD, GBP/USD, USD/JPY, and USD/CAD generally provide the best opportunities during news releases.
Yes. Installation is straightforward, and default settings are suitable for many users.
Yes. A VPS is recommended for better execution speed and uninterrupted operation.
Yes. The EA includes adjustable money management and lot sizing options.
No. Like all trading systems, market conditions and risk management significantly affect performance.
It may be used on funded accounts if it complies with the firm's trading rules and restrictions.
Yes. You can run the EA on multiple supported currency pairs using unique Magic Numbers where appropriate.