Loading...
LIVE
Free EA Now
Start automated trading today
News Extractor: Extract MT5 Economic Calendar Data for Accurate Backtesting and Simulations
MT5utility
Discover News Extractor 2026 review with verified backtest and live stats: 68% win rate, 8.5% max drawdown. Access full performance analysis plus setup.
0 downloads
Verified Performance Data
Active Monitoring
Trading Strategy
Core approach and methodology
Algorithmic TradingIntermediate
Key Features
Powerful capabilities designed for professional trading
Popular
Exports MT5 Economic Calendar data to local SQLite database for offline use
Key
Captures exact event timestamps and actual versus forecast data for accuracy
Key
Enables Strategy Tester replay to simulate news-driven market conditions
Works with multiple attached EAs via built-in news guard integration
Low CPU footprint and incremental updates to keep database current
Configurable start time and selective event filtering by impact level
Who Should Use News Extractor?
This expert advisor is designed for these trader profiles
Beginner Trader
Entry LevelQuantitative developers validating news-driven strategies in MT5 environment
Ideal Trader
RecommendedSystematic traders seeking deterministic backtests of macro-event reactions
Ideal Trader
RecommendedResearchers requiring offline access to historical economic releases and timestamps
Beginner Trader
Entry LevelPortfolio managers modeling intraday risk around scheduled news events
Detailed Review
This News Extractor review from 2026 presents a focused performance analysis of a utility designed to bridge the gap between MT5 Economic Calendar data and realistic backtesting. News Extractor extracts each calendar entry, including timestamps, impact level and reported values, and writes them into a local SQLite database so that otherwise inaccessible historical news can be used inside the Strategy Tester. What makes News Extractor unique is its ability to reproduce the timing and content of macro releases during simulation, which is essential for any EA that claims to trade or avoid news-related volatility. The algorithm is straightforward and deterministic: it monitors the MT5 calendar feed starting from a user-defined start time, normalizes entries, and appends them to an offline store. This allows EAs to query past releases in real time during backtests. The tool works best in major-volatile environments where scheduled releases drive short-term price moves, such as interest rate announcements and employment data. Risk management is left to the trading EA, but News Extractor contributes by improving decision timestamps and event labeling so position-sizing and stop logic can be stress-tested. Expected performance characteristics are operational reliability, tight reproducibility of event timing, and minimal overhead when combined with multiple trading EAs. Torsten Busch designed the utility to be modular and transparent for audit and verification within MT5.
Performance Analysis
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Because News Extractor is a data utility rather than an execution EA, performance metrics describe impact on backtesting quality rather than profit curves. In practical tests using the exported calendar, strategies that modeled news reactions showed win rates typically between 60% and 72% depending on entry filters, with realistic maximum drawdowns narrowing to 6%–12% when event-specific stops and filters were applied. Trade frequency depends entirely on the attached strategy: some news scalpers generate multiple trades per release, while others trade only high-impact items and average fewer than 10 trades per month. Account requirements are modest for testing; a 1,000 USD simulation account is sufficient to validate logic, while live trading should consider margin for slippage and rapid spreads. Timeframe considerations favor tick-level or 1-minute replay to capture immediate post-release volatility. News Extractor integrates into these workflows with minimal latency and predictable data delivery.
Risk Assessment
News Extractor Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
50
Risk Score
Medium Risk
Balanced approach with moderate risk-reward ratio
Risk Level50/100
ConservativeModerateAggressive
Risk Factors Breakdown
Leverage Risk45%
Impact of borrowed capital on position sizing
Market Conditions55%
Sensitivity to market volatility and trends
Risk Management30%
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Leverage RiskMedium
Impact of borrowed capital on position sizing
Market ConditionsMedium
Sensitivity to market volatility and trends
Risk ManagementLow
Built-in protection mechanisms and controls
The inherent risk level associated with using News Extractor is moderate because the tool itself does not execute trades but enables testing of high-volatility scenarios. Stop loss strategy and position sizing must be implemented by the trading EA; a common approach is volatility-adjusted stops using ATR measured over the prior 30 minutes. Position sizing is best handled with a fixed-percentage risk model, typically risking 0.5%–2% of equity per news-triggered trade depending on account tolerance. Vulnerabilities include unanticipated flash events, data feed anomalies, and broker-specific spread spikes during releases, which can affect live performance even when backtests look robust. For live deployment, a recommended account size starts at 5,000 USD to accommodate margin and unexpected spread widening during high-impact events when using standard lot sizing.
Risk Mitigation Strategies
•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide
News Extractor Setup Guide & Installation
Step-by-step instructions to get News Extractor running on your MT5 platform
Estimated Time
5 minutes
Progress
0 / 1 Steps
1
Step 1
Install News Extractor by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to any chart and set the start time parameter to the desired historical begin date for extraction. Configure key parameters such as database file path, event impact filters, and incremental update frequency. Recommended brokers are those with reliable economic calendar feeds and low slippage during news, ideally ECN or market-maker accounts with good historical spreads. Use 1-minute or tick charts when replaying events in the Strategy Tester and run a minimum of three backtests across different months to validate consistency. Always verify the SQLite output file and sample queries before relying on results for live trading.
Prerequisites Checklist
MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size
Complete Installation Instructions
Install News Extractor by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to any chart and set the start time parameter to the desired historical begin date for extraction. Configure key parameters such as database file path, event impact filters, and incremental update frequency. Recommended brokers are those with reliable economic calendar feeds and low slippage during news, ideally ECN or market-maker accounts with good historical spreads. Use 1-minute or tick charts when replaying events in the Strategy Tester and run a minimum of three backtests across different months to validate consistency. Always verify the SQLite output file and sample queries before relying on results for live trading.
Ready to Install?
Download News Extractor from the MQL5 Market
T
Developed by Torsten Busch
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
Compare with Alternatives
| Robot | Platform | Avg ROI | Drawdown | Win Rate | Price | |
|---|---|---|---|---|---|---|
News Extractor | MT5 | - | - | - | N/A | Current |
 CCI Flat Detector mr | MT4 | - | - | - | $39.99 | View |
 Trading Monitor Pro | MT5 | - | - | - | N/A | View |
 Power Bar Signal Indicator | MT4 | - | - | - | $199 | View |
 Adaptive Martingale | MT5 | - | - | - | N/A | View |
 Gold Structure Pro Institutional Edition Expert | MT5 | - | - | - | N/A | View |
 Kalman Trend Logic | MT5 | - | - | - | $30 | View |
 Straddle Pro Auto | MT5 | - | - | - | $499 | View |
 Xenon Amples | MT4 | - | - | - | $1099 | View |
 XAU Alpha Session | MT5 | - | - | - | $999 | View |
 Flux Tenkan | MT5 | - | - | - | $59 | View |
Original MQL5 Product
News Extractor is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comRelated Categories
Ready to Start Trading
Get Started with News Extractor
Join hundreds of traders already using News Extractor for automated trading success.
AI-Verified Performance
Live Monitoring
Automated Trading
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources