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Straddle EA MT5 V1.137 – Advanced News Straddle Trading Robot | Myfxbook Verified
$650.00
$16.99
97.39% OFFStraddle EA MT5 V1.137 is an automated MetaTrader 5 Expert Advisor designed to trade high-impact economic news using a straddle strategy. The EA places pending Buy Stop and Sell Stop orders around the current market price before major news releases, aiming to capture strong price movements regardless of direction. It is suitable for traders looking to automate news trading while managing risk with customizable settings.
What is Straddle EA MT5 V1.137?
✅ Straddle EA MT5 V1.137 is a professional News Straddle Expert Advisor developed for the MetaTrader 5 platform. The EA automates one of the most popular news trading techniques by placing pending orders before scheduled economic events.
Instead of predicting whether the market will move up or down, Straddle EA waits for the breakout after important news releases. Once one pending order is activated, the opposite order can be automatically canceled depending on the selected settings.
The EA offers extensive customization options including lot sizing, stop loss, take profit, trailing stop, spread protection, trading hours, and risk management, making it suitable for both conservative and aggressive traders.
Instead of predicting whether the market will move up or down, Straddle EA waits for the breakout after important news releases. Once one pending order is activated, the opposite order can be automatically canceled depending on the selected settings.
The EA offers extensive customization options including lot sizing, stop loss, take profit, trailing stop, spread protection, trading hours, and risk management, making it suitable for both conservative and aggressive traders.
Recommended Trading Currency Pairs
Straddle EA performs best on currency pairs with high liquidity and strong reactions during economic news events.
Recommended pairs include:
✅ EURUSD
✅ GBPUSD
✅ USDJPY
✅ USDCAD
✅ AUDUSD
✅ NZDUSD
✅ XAUUSD (Gold)
✅ GBPJPY (Experienced traders)
Best Timeframe
Although the EA uses pending orders and is not heavily timeframe-dependent, the following are commonly recommended:
✅ M1
✅ M5
✅ M15
Platform Compatibility
✅ MetaTrader 5 (MT5)
✅ Windows VPS Recommended
✅ ECN Broker Preferred
✅ Low Spread Account Recommended
Recommended pairs include:
✅ EURUSD
✅ GBPUSD
✅ USDJPY
✅ USDCAD
✅ AUDUSD
✅ NZDUSD
✅ XAUUSD (Gold)
✅ GBPJPY (Experienced traders)
Best Timeframe
Although the EA uses pending orders and is not heavily timeframe-dependent, the following are commonly recommended:
✅ M1
✅ M5
✅ M15
Platform Compatibility
✅ MetaTrader 5 (MT5)
✅ Windows VPS Recommended
✅ ECN Broker Preferred
✅ Low Spread Account Recommended
Straddle EA MT5 V1.137 Features
Fully automated News Straddle trading
Places Buy Stop and Sell Stop orders automatically
Captures volatility after major news releases
Adjustable pending order distance
Smart Money Management
Fixed Lot or Auto Lot calculation
Custom Stop Loss and Take Profit
Trailing Stop support
Break-even functionality
Spread Filter
Slippage Protection
Time Filter
Magic Number support
One-click installation
Optimized for MT5 platform
Suitable for VPS hosting
Multi-currency compatibility
Risk management controls
Fast execution logic
Beginner-friendly settings
Straddle EA MT5 V1.137 – Best Settings
For balanced performance, many traders prefer using conservative risk management.
Recommended configuration includes:
✅ Risk per trade: 1%–2%
✅ Fixed lot for beginners
✅ Use ECN broker
✅ Enable spread filter
✅ Activate trailing stop
✅ Enable break-even protection
✅ Trade only high-impact news
✅ Pending order distance based on broker spread
✅ Avoid trading during low liquidity sessions
✅ Use VPS for uninterrupted execution
✅ Keep slippage protection enabled
✅ Test settings on a demo account before live trading
Recommended configuration includes:
✅ Risk per trade: 1%–2%
✅ Fixed lot for beginners
✅ Use ECN broker
✅ Enable spread filter
✅ Activate trailing stop
✅ Enable break-even protection
✅ Trade only high-impact news
✅ Pending order distance based on broker spread
✅ Avoid trading during low liquidity sessions
✅ Use VPS for uninterrupted execution
✅ Keep slippage protection enabled
✅ Test settings on a demo account before live trading
Instructions for Installing Straddle EA MT5 V1.137
Installing Straddle EA MT5 V1.137 is simple.
✅ Step 1
Open MetaTrader 5.
✅ Step 2
Go to:
File → Open Data Folder
✅ Step 3
Navigate to:
MQL5 → Experts
✅ Step 4
Copy the Straddle EA file into the Experts folder.
✅ Step 5
Restart MetaTrader 5.
✅ Step 6
Open the Navigator window.
✅ Step 7
Drag Straddle EA onto your preferred chart.
✅ Step 8
Enable:
Allow Algo Trading
Allow DLL Imports (if required)
✅ Step 9
Adjust your preferred settings.
✅ Step 10
Click OK and ensure AutoTrading is enabled.
✅ Step 1
Open MetaTrader 5.
✅ Step 2
Go to:
File → Open Data Folder
✅ Step 3
Navigate to:
MQL5 → Experts
✅ Step 4
Copy the Straddle EA file into the Experts folder.
✅ Step 5
Restart MetaTrader 5.
✅ Step 6
Open the Navigator window.
✅ Step 7
Drag Straddle EA onto your preferred chart.
✅ Step 8
Enable:
Allow Algo Trading
Allow DLL Imports (if required)
✅ Step 9
Adjust your preferred settings.
✅ Step 10
Click OK and ensure AutoTrading is enabled.
Who Should Use Straddle EA MT5 V1.137?
This EA is ideal for:
✅ News traders
✅ Automated trading enthusiasts
✅ Beginner MT5 users
✅ Professional traders
✅ Scalpers during news events
✅ Traders seeking breakout opportunities
✅ VPS users
✅ Investors wanting hands-free trading
✅ Users with ECN accounts
✅ Traders looking for disciplined execution
✅ News traders
✅ Automated trading enthusiasts
✅ Beginner MT5 users
✅ Professional traders
✅ Scalpers during news events
✅ Traders seeking breakout opportunities
✅ VPS users
✅ Investors wanting hands-free trading
✅ Users with ECN accounts
✅ Traders looking for disciplined execution
Download Straddle EA MT5 V1.137
Download Straddle EA MT5Pros and Cons
Pros
Fully automated execution
Excellent for high-impact news trading
Flexible risk management
Supports multiple currency pairs
Easy installation
MT5 optimized
Trailing stop support
Break-even functionality
Low maintenance
Beginner-friendly
Cons
Performance depends on broker execution quality
News volatility may increase slippage
Works best with low spreads
VPS is highly recommended for optimal performance
Requires proper risk management during major news events
Backtest Results
Final Verdict – Is Straddle EA MT5 V1.137 Worth It?
✅ Straddle EA MT5 V1.137 is a feature-rich automated trading robot built for traders who want to capitalize on volatility during major economic news releases. By using a proven straddle approach with pending orders, the EA removes emotional decision-making and executes trades based on predefined rules. Combined with sensible risk management, a reliable ECN broker, and VPS hosting, it can be a valuable addition to a disciplined MT5 trading strategy. As with any automated system, testing on a demo account and optimizing settings for your broker are recommended before trading with real funds.
What's Included
File Size
522 KB
File Type
ZIP
Downloads
110
Login to add your review.
kevinr@gmailcom
Jul 20, 2026
"The risk management features are excellent. I appreciate the break-even and trailing stop options."
It is an automated MetaTrader 5 Expert Advisor that uses a news straddle strategy by placing pending Buy Stop and Sell Stop orders around the current market price before major economic announcements.
MetaTrader 5 (MT5).
EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD, and XAUUSD.
Yes. Beginners can start with fixed lot sizes and conservative risk settings.
Yes. It includes both fixed lot and automatic lot sizing options.
While not mandatory, a VPS is strongly recommended to reduce latency and improve execution during fast-moving news events.
Yes, XAUUSD (Gold) is commonly used, provided your broker offers suitable spreads and execution quality.
Yes. Both Stop Loss and Take Profit are fully customizable.
Yes. You can adjust risk, pending order distance, stop loss, take profit, trailing stop, and other parameters to suit your broker and trading style.
Yes. Always test the EA on a demo account and review its performance with your broker before using real funds.