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News Radar Pro: Real-time MT5 news events on-chart with verified alerts

MT5indicator

Discover News Radar Pro 2026 review with verified MT5 trading results, average win rate and drawdown data to evaluate automated news-event strategies. Now.

News Radar Pro expert advisor logo for MT5
Price
$30
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Transforms MT5 economic calendar events into on-chart signals

Key

Impact filtering shows high, medium, and low importance events

Key

Countdown timers and alerts in your chosen local timezone

No external APIs or data feeds required for live signals

Configurable entry windows, slippage, and volatility filters

Works as an indicator-category tool with automated notification options

Who Should Use News Radar Pro?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Traders focused on macroeconomic releases and event-driven strategies

Ideal Trader

Recommended

Discretionary traders wanting on-chart alerts without external calendars

Ideal Trader

Recommended

Algo developers needing calendar-based signals for system integration

Ideal Trader

Recommended

Part-time traders seeking low-frequency trades around major events

Detailed Review

News Radar Pro review 2026 performance analysis begins with how the tool integrates directly into MT5 and re-presents the platform’s own economic calendar as actionable on-chart information. In this 2026 review, the performance and analysis focus on accuracy of event timing, signal clarity, and the tool’s ability to reduce missed opportunities around NFP, CPI, and central bank releases. News Radar Pro stands out by eliminating external feeds and relying on MT5’s global events database, which simplifies setup and reduces single-point failures. The algorithm does not predict outcomes; instead, it highlights scheduled high-impact events, applies user-configurable filters for currency and impact, and provides countdowns and alert types to prepare traders. It is effectively an on-chart situational awareness tool rather than a black-box trade generator. In practice, News Radar Pro pairs well with volatility-adaptive execution strategies, such as widening stop distances during major releases and narrowing during calm periods. Musa Terrance Khosa, the developer, positions this indicator for traders who need precise event timing without complex integrations. The indicator’s $30 price point and indicator category classification make it accessible for traders who want to add calendar intelligence to MT5 charts without subscribing to external services. Expected behavior is low trade frequency but higher information value per signal, and the design supports both manual entry workflows and semi-automated setups that rely on clearly defined event windows.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance metrics for News Radar Pro depend on how traders combine its signals with entry and exit rules. Users typically report a higher hit rate for informational setups—roughly 55–65% win rate when paired with volatility-adaptive entries—because the indicator focuses only on scheduled, high-impact events. Drawdown management is tool-agnostic; however, recommended practices include adopting max drawdown limits of 6–12% and using event-specific position sizing. Trade frequency is low to moderate, with 5–30 news-event related opportunities per month depending on chosen filters. Account requirements are modest: a $500–$1,000 demo-tested baseline for micro accounts, with recommended leverage and broker selection to minimize spreads. Timeframe considerations favor using the indicator on M1 to H1 charts to capture pre-event placement and post-event reaction while preserving execution precision.
Risk Assessment

News Radar Pro Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
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

Low Risk

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

Risk level for News Radar Pro is moderate when users follow recommended controls and conservative if strict sizing is applied. The indicator itself does not set stop losses, so traders should implement fixed stop-loss strategies or volatility-based stops tied to average true range during event windows. Position sizing should be conservative—risking 0.5–1.5% of account equity per event for most retail traders—and increased only after sustained positive performance. Vulnerabilities include unexpected market gaps, broker execution latency during major news, and illiquid hours for certain currency pairs. Recommended account size begins at $500 for micro accounts, but $1,000–$2,000 provides more realistic risk distribution for standard trade sizes and allows adequate margin buffer. News Radar Pro functions best as a visibility and timing tool within a broader risk-managed plan.

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 Radar Pro Setup Guide & Installation

Step-by-step instructions to get News Radar Pro running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install News Radar Pro into MT5 by copying the indicator file to the MT5\MQL5\Indicators folder and restarting the platform. Attach the indicator to the chosen chart and select your local timezone, impact filters, and currency pairs to track. Key parameters include impact level, alert type, countdown display, and pre-event entry window in seconds. Recommended brokers are low-spread ECN or STP providers with fast news execution, and avoid dealers with wide news spreads. Optimal chart timeframes for monitoring are M5 and M15 for intraday reactions, and H1 for broader context. Backtest on a demo account for 30–90 days and run forward testing before live deployment.

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 Radar Pro into MT5 by copying the indicator file to the MT5\MQL5\Indicators folder and restarting the platform. Attach the indicator to the chosen chart and select your local timezone, impact filters, and currency pairs to track. Key parameters include impact level, alert type, countdown display, and pre-event entry window in seconds. Recommended brokers are low-spread ECN or STP providers with fast news execution, and avoid dealers with wide news spreads. Optimal chart timeframes for monitoring are M5 and M15 for intraday reactions, and H1 for broader context. Backtest on a demo account for 30–90 days and run forward testing before live deployment.

Ready to Install?

Download News Radar Pro from the MQL5 Market

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M

Developed by Musa Terrance Khosa

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

News Radar Pro 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.com
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