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RiskMaster NewsFilter (MT5) — review, price and free alternatives
MT5 utilityfree on MQL5by Hamid Marwi
RiskMaster NewsFilter is a free MetaTrader 5 utility by Hamid Marwi on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
RiskMaster NewsFilter — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Utility
- Developer
- Hamid Marwi
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded RiskMaster NewsFilter on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Overview This Expert Advisor allows you to click on a candle body (similar to TradingView) to create three lines on the chart representing Entry, Stop Loss, and Take Profit.
Before you use RiskMaster NewsFilter
What the developer claims
- The trade risk can be set in the EA's Inputs based on percentage, fixed lot size, or fixed dollar amount.
- The Reward/Risk (RR) ratio is displayed at the top-right corner of the chart.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on RiskMaster NewsFilter
Compiled from its public MQL5 listing. FxRobotEasy has not traded RiskMaster NewsFilter; what these notes say about how it works comes from that listing.
Overview
RiskMaster NewsFilter by Hamid Marwi represents a comprehensive automated trading solution for MT5 traders. What sets RiskMaster NewsFilter apart is its balanced approach to trade execution and capital preservation.
Risk notes
RiskMaster NewsFilter implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Hamid Marwi
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing RiskMaster NewsFilter on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free tool · from FxRobotEasy
Want free protection for your trading account?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick EASY Fortress and set your limitsIt guards the account and opens no trades.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- EASY Fortress in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
RiskMaster NewsFilter or EASY Fortress?
| RiskMaster NewsFilter | EASY Fortress | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer |
| Platform | MT5 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Hamid Marwi | FxRobotEasy |
RiskMaster NewsFilter — questions
What is RiskMaster NewsFilter?
RiskMaster NewsFilter is a MetaTrader 5 utility published on the MQL5 Market by Hamid Marwi, and it is listed at no charge. It is filed as a utility -- a trading or charting tool -- rather than as a fully automated Expert Advisor.
Does RiskMaster NewsFilter work on MT4 or MT5?
RiskMaster NewsFilter runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is RiskMaster NewsFilter free to download?
Yes -- RiskMaster NewsFilter is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-27. The file is downloaded from the developer's (Hamid Marwi) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for RiskMaster NewsFilter?
FxRobotEasy has not traded RiskMaster NewsFilter on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for RiskMaster NewsFilter elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.