Description
FRZ News Robot is a fully automated forex news trading robot that you can just set up for once and for all and then it will run without any manual work as long as your MT4 is up and running. This robot follows a pending order strategy where two buy and sell pending orders are placed just before the high impact news releases. It uses an advanced algorithm to determine TP, SL, and Trailing Stop based on market conditions.
EA Specs
| Product name | FRZ News Robot |
| Current version | 8.6 |
| Platform supported | MT4 |
| Timeframes supported | 01-minute chart |
| Supported pairs | Any |
| No of trades a week | It can be few or more trades a week depending on the presence of high impact news with significantly different actual figures compared to the forecast. |
| Recommended broker | Any broker with low spreads and fast execution during news-times |
| Recommended min. deposit | Any amount. But do not risk more than 2% of your balance per trade. |
| License | Single purchase includes a lifetime license for any two (02) trading account numbers (Two accounts can be either 02 real accounts or 01 demo & 01 real account). You can submit your trading account numbers after purchase. You can submit the two trading accounts numbers any time after the purchase. The trading account numbers can not be changed later. Additional licenses can be added at an additional fee. We do not offer refunds or returns. The full terms and conditions are given here. After the purchase, visit this page to submit your account numbers. Existing customers are entitled for free updates that can be requested here. (updates are free for the originally licensed account numbers only). Additional licenses can be purchased here. Forex News Trading – FRZ News Robot MT4 |
| Support | Free support for installation |
A VPS server is recommended for this EA as it needs to be running 24/5.
Settings
Explanations for each setting will be provided by a PDF readme file.
Screenshot
Installation Video:
Settings
NB: A user manual (PDF) will be provided with the EA explaining the above settings.
Recommended Pairs for Different News:
- USD News: AUDUSD
- EUR News: EURAUD
- GBP News: EURGBP
- CAD News: AUDCAD
- NZD News: AUDNZD
- AUD News: EURAUD
You may, of course, have more than one chart for one news. For instance, you can have several pairs with USD to target a US news event. But, this will, in turn, increase the risk.
Back-testing summary (2018-20)
Some back-testing reports (back-testing may not work properly without special tools and preparations)
Please note that past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
Pete Kane –
It works well. I had 5 trades in the first week and 4 got profitable. So far doing well. And thanks for the great support
Kamal K –
Works well. It made 7 profits out of 10 trades during the first two weeks.
Jane Smith –
Best news EA for sure. Great support. Recommended
Hanny M –
Good. so far profitable. Thanks
Sunith –
Really good. worth the price. It catches most of the good trades. TP level is dynamic and perfectly placed by EA. Recommended.
Emerich –
No doubt. this is the best news trader out there! I have used it for the last 3 months and I have got around 12.5% monthly return on average.
Janak H –
Best news robot for sure. Made over $500 in a week.
Manfred –
I am impressed and would give it a try.