News Filter For EAs
by Irina Nechaeva · MT5
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Summary
News Filter EA (MT5) is an affordable $60 utility focused on filtering trades around news events. It is authored by Rashed Samir but shows Rating: N/A/5 and no verified performance stats. Traders comparing it should weigh its low price and news-centric approach against better-documented alternatives that may offer broader strategy sets, built-in risk controls, or proven reputations. Consider broker rules, spread sensitivity, and drawdown risk: any EA can incur losses under volatile or illiquid conditions. FxRobotEasy independently reviews all products and recommends testing on a demo account before live use.
Retail forex traders often compare News Filter EA against alternatives because news-driven strategies can either reduce unexpected losses or exacerbate volatility-driven drawdowns depending on implementation. News Filter EA, authored by Rashed Samir and sold for $60 on MT5, advertises news filtering but shows Rating: N/A/5 and no verified stats available. Alternatives vary in price, strategy depth, and user reputation. Comparing features, pricing, and platform realities — including broker rules, spreads, and slippage around news — helps traders choose the right tool. FxRobotEasy independently reviews all products to provide impartial context for decision-making.
| Metric | News Filter EAMain Product | Scalperology Ai Our bot | News Filter For EAs | News Extractor | News Filter Shield Pro | News Dashboard with Session Map |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $60 | $149 | $70 | N/A | $50 | N/A |
| ROI | N/A | N/A | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 12.1% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 67.2% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 2.15 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 902 | N/A | N/A | N/A | 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 EA is an MT5 utility by Rashed Samir priced at $60. Its core appeal is simplicity: it focuses on filtering or pausing trading during scheduled news events to avoid entries during heightened volatility. Strengths include low price, straightforward concept, and easy integration on MT5. Weaknesses are significant: Rating is N/A/5 and there are no verified performance statistics available, so users must rely on documentation and personal testing. It suits traders who prioritize an inexpensive, single-purpose news filter to complement manual or automated strategies. Platform realities matter: precise broker news times, spreads, and slippage can negate filter benefits, and drawdown risk persists when the utility resumes trading. Always demo-test and confirm broker policies before live deployment.
by Irina Nechaeva · MT5
by Torsten Busch · MT5
by Hicham Mahmoud Almoustafa · MT5
by Andrew Hahn · MT5
News Filter EA is a low-cost MT5 tool that may help traders reduce trade entries around scheduled news, but its Rating is N/A/5 and there are no verified stats available. Alternatives range from timing utilities to full strategy EAs at higher prices and higher documented reputations. No product removes drawdown or broker execution risk: spreads, slippage, and broker news timing matter. FxRobotEasy independently reviews all products and recommends demo testing and conservative risk settings. For traders wanting verified, supported alternatives, consider higher-feature EAs or FxRobotEasy bots as a verified alternative.
Whether News Filter EA is worth buying depends on your needs. It costs $60 and aims to filter trades around news, but its Rating is N/A/5 and no verified stats exist. If you want a low-cost, single-purpose filter, it may be useful as a complement to your strategy. Always demo-test with your broker, confirm news times and spread behavior, and avoid assuming any guaranteed performance.
The best alternative depends on your goals. For timing tools, Haven Candle Timer Countdown helps manual traders. For automated trend or reversal strategies, PZ Stop And Reverse (priced $149) or Market Anomalies ($99) may suit algorithmic users. Ultimate Extractor ($100) offers a broader approach. Neon Shadow’s price is N/A but has a strong rating. None have verified performance stats, so demo testing is essential before live deployment.
Test EAs on a demo account with realistic spreads and slippage, including live news windows. Backtest with tick-quality data if possible, forward-test on demo for several market conditions, and document drawdowns. Check your broker’s news execution policies and consider using wider stop placement or reduced position size around scheduled events. Never rely on backtests alone; live-demo observation helps reveal execution and latency issues.
While evaluating News Filter EA 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