News Filter EA MT4
by Rashed Samir · MT4
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Summary
News Filter based EA Controller is an MT4 expert advisor by Artur Nalobin priced at $30 with a low 1.5/5 rating and no verified performance stats. It targets traders who want simple news-based trade gating but has limited transparency and mixed user sentiment. Stronger, higher-rated alternatives exist across MT4 and MT5, from lower-cost Trend Meter to feature-rich Ultimate Extractor and TPSpro Trade PRO MT5. Consider broker rules, spreads, and drawdown risk when choosing. FxRobotEasy independently reviews all products and recommends testing on demo accounts before live use.
Retail forex traders compare News Filter based EA Controller with alternatives because news filters can materially affect automated strategies by pausing or modifying trading around high-impact events. Traders want an EA controller that integrates reliably with their existing expert advisors, respects broker rules and spreads, and limits adverse slippage during volatile news. Given the product's 1.5/5 rating, low price, and no verified stats, many traders are evaluating better-reviewed controllers and multi-purpose tools on MT4 and MT5. This review highlights practical trade-offs—cost, platform compatibility, feature set, transparency, and operational risk—so traders can match an EA controller to their strategy and risk tolerance.
| Metric | News Filter based EA ControllerMain Product | Scalperology Ai Our bot | News Filter EA MT4 | New Own Panel for MetaTrader 4 by BOToBRACIA | News Filter for EAs MT4 | Network Copy |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | 0.0 | N/A | N/A | N/A |
| Price | $30 | $149 | $60 | $50 | $70 | $30 |
| ROI | N/A | N/A | N/A | N/A | -4.9% | N/A |
| Max Drawdown | N/A | 12.1% | N/A | N/A | 23.4% | N/A |
| Win Rate | N/A | 67.2% | N/A | N/A | 48.9% | N/A |
| Profit Factor | N/A | 2.15 | N/A | N/A | 0.92 | N/A |
| Total Trades | N/A | 902 | N/A | N/A | 2,980 | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
News Filter based EA Controller by Artur Nalobin is an inexpensive MT4 expert advisor priced at $30. Its main selling point is a simple news-filtering layer intended to pause or block trades during scheduled economic releases. Strengths include low cost and straightforward configuration for traders who need a minimal news gate without a steep learning curve. Weaknesses are a low 1.5/5 rating and no verified performance statistics, which raises questions about reliability, user support, and robustness under real market stress. Platform realities matter: brokers differ on slippage, spread widening during news, and order execution delays, and those factors can undermine any news-based logic. Drawdown risk remains if the controller misidentifies events or fails to interact cleanly with other EAs. This product may suit budget-conscious traders wanting a basic filter on MT4, but cautious users should demo it and compare higher-rated alternatives before deploying live. FxRobotEasy independently reviews all products.
by Rashed Samir · MT4
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News Filter based EA Controller is an inexpensive, minimal MT4 solution for traders seeking a simple news gate, but its 1.5/5 rating and lack of verified stats warrant caution. Higher-rated alternatives exist across MT4 and MT5 that offer richer rule sets, analytics, and trade management at higher prices. Platform realities such as broker spreads, slippage during news, allowed order types and drawdown risk are decisive factors; always demo before going live. FxRobotEasy independently reviews these products and also offers verified bots that traders can consider as alternative solutions with clearer vetting and performance histories.
Whether it is worth buying depends on your needs and risk tolerance. The EA is inexpensive at $30 and provides a basic news-gating feature on MT4, but it carries a low 1.5/5 rating and no verified performance statistics. If you want a minimal filter for demo testing, it may be reasonable. For live trading or larger portfolios, consider higher-rated alternatives and always test on a demo account to assess execution, spread behavior and drawdown risk before using real capital.
There is no single best alternative; choices depend on platform and requirements. Ultimate Extractor ($100) is feature-rich for complex rules on MT4, while TPSpro Trade PRO MT5 ($65) and EasyInsight MT5 ($80) suit MT5 users wanting professional trade management and analytics. Trend Meter ($30) is a low-cost trend filter, and Gann Gold EA MT4 ($79) targets gold traders with scheduling features. All alternatives listed have 5/5 ratings but no verified stats, so demo testing is essential.
Evaluate controllers by testing on a demo account under realistic market conditions, checking compatibility with your broker and platform, and reviewing community feedback and vendor support. Pay attention to execution during high-impact news, spread widening, slippage, order types supported, and how the controller interacts with other EAs. Verify whether the vendor provides backtests or verified third-party statistics; if not, run controlled live-sim tests with conservative sizing and monitor drawdowns closely.
While evaluating News Filter based EA Controller and its alternatives, consider Scalperology Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
12.1%
Max Drawdown
67%
Win Rate
902
Total Trades