The News API in MetaTrader MT5 is a very important API that enables traders to analyze news events and trade accordingly. The high-impact news events cause significant price disruptions and sudden changes that shape the chart into unfavorable direction. If you want to protect your Trades from high-impact news events, read this blog in detail.

Follow the below steps to add News API:

Step 1: Open MT5 and Go to Tools

Step 2: Select Options

Step 3: Select Expert Advisors

Step 5: Enable the following fields

Check “Allow algorithmic Trading”

Check “Allow DLL imports”

Check “Allow WebRequest for Listed URL”

Step 5: Add the following News API in MetaTrader MT5 to the list of URLs and then click OK
http://nfs.faireconomy.media/

Step 6: Drag your MT5 EA on the chart and adjust the Inputs as per your requirements.

Press OK to install the MT5 EA and it will show you a message in the Experts tab of Navigator.

News: updated successfully!

Important Note:

1. The News Filter does not work during backtesting MT5.
2. The News Filter only works when the market is running and you have an internet connection.
3. The News Filter fetches data from https://forexfactory.com/calendar
4. The News Filter works on Demo and Real both accounts.

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