FTA News Shield Algo Trading EA
Download is FTA_TimeFlatten.ex5. Set the flatten hour on the broker clock. After that hour it closes the watched magic. There is no news calendar inside the file.
Who it is for
Anyone running an EA or a manual book through CPI, NFP and FOMC.
Markets
FTA News Shield is a Utility Expert Advisor for MT4 / MT5. Attach it to the broker symbol you choose. The charts it is meant for: Forex, Metals, Indices, Oil (EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF, EURGBP, GBPJPY). It does not hold a spot crypto wallet, physical metal, or an oil futures membership. Your broker holds the funds.
Questions about algo trading
What does FTA News Shield do?
Download is FTA_TimeFlatten.ex5. Set the flatten hour on the broker clock. After that hour it closes the watched magic. There is no news calendar inside the file.
Which markets can FTA News Shield run on?
Use it on forex, metals, indices, oil symbols your broker already offers, typically EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF, EURGBP, GBPJPY. The spread filter and the session window still apply.
Does FTA News Shield guarantee a profit?
FTA News Shield is marked lower risk because it filters harder or only closes trades. Lower risk is not zero risk. Forex, CFD, gold, index, and oil prices can still gap.