Only For Current Pair
Only get news relevant to the 2 currencies that make up the current pair on the chart (i.e. GBP or USD news on a GBPUSD chart). Set this to false and you'll get news for ALL currencies.
Always Include Currencies
Aside for the current pair of currencies, there may be some that you always want to include, such as EUR, though you have the calendar attached on a USDJPY chart and have "Only For Current Pair" set to true. Separate multiple currencies using a comma.
True/False - Whether or not to include High impact news, as labeled on the DailyFx or FF news calendar itself.
True/False - Whether or not to include Medium impact news, as labeled on the DailyFx or FF news calendar itself.
True/False - Whether or not to include Low impact news, as labeled on the DailyFx or FF news calendar itself.
True/False - Whether or not to include speak events (i.e. "MPC Member Forbes Speaks").
Seconds Before News To Set Pendings
How many seconds before the news the EA to place pending orders in both directions, at a certain distance from current price.
Pending Distance From Market Price
Number of pips between the current market price (Bid or Ask) and the pending orders.
Update Pendings Till News Release
True/False - Whether or not to update the levels of the pending orders until the news are released, in order to keep them at a fixed distance from the market price.
Only Trade If Forecast Different Than Previous
True/False - Some consider that the news are only worth trading if the Forecast value is different than the Previous report value.
Seconds After News To Delete Untriggered Pendings
If the price does not quickly break either up or down, you may want to remove the pending orders after a few minutes.
Delete Opposite Pending When One Is Triggered
True/False - When the BUY trade is activated on the upside, the SELL pending on the downside will be cancelled if this is set to True (Vice-versa if SELL is first activated).
True/False - Whether or not to use a fixed volume for the pending orders.
The size of the fixed volume for your pending orders. We're only interested in this value if "Fixed Lot-size" is set to True
The equity percentage that will be lost for a trade that goes against the desired direction - the volume will be calculated according to this parameter. We're only interested in this value if "Fixed Lot-size" is set to True
Take Profit pips for the orders opened by the EA - a pip is considered to be the 4th decimal for non-JPY pairs, the 2nd for JPY pairs.
Stop Loss pips for the orders opened by the EA - a pip is considered to be the 4th decimal for non-JPY pairs, the 2nd for JPY pairs.
Max Slippage Pips
Max deviation allowed for the position filling/liquidating operations. Keep in mind that since this is about trading the news, you may have to deal with high slippage at times.
Unique identifier for the trades opened by this specific EA. You might want to set a different number than the ones you use for other EAs on the same MT4 platform, if this is the case.
Alert Seconds Before News
How many seconds before the news are released you want to be notified.
True/False - Whether or not to hear a sound of your choice before the news are released.
True/False - Select a different sound. You can put any mp3 file you want in the Sounds folder if you don't like any of the default ones.
Show Lines On Chart
True/False - Whether or not to display the lines and the news title on the chart, above/below the candles.
True/False - Whether or not to display the table dashboard on the top left corner of the chart.