AI Economic Release Strike EA – User Manual & Preset Files
1. Overview
The AI Economic Release Strike EA (hereafter ERS EA) is a news-scalping expert advisor designed to capture the sharp, short-lived volatility that occurs just before high-impact economic releases.Leveraging proprietary AI analysis of the global GDELT news database, the EA follows a “one-shot” logic: open a position 3 minutes before the release → force-close it InpForceCloseSec seconds after the release (default = 3 sec).
Platform supported: MetaTrader 5 (MT5) Recommended time frames: M1–M15 (chart TF does not affect trade frequency) Recommended symbols: EURUSD, USDJPY and other major low-spread pairsNote: For high-spread symbols (e.g. XAUUSD) raise InpMaxSpreadPips accordingly. Recommended brokers: ECN / RAW accounts (tight spread & fast execution) Target volatility: engineered to capture one-shot moves of roughly ±50 pips immediately after the release
2. Installation Steps
Automatic InstallationIf you purchase the EA from the MQL5 Market, it will be installed automatically via the MT5 “Navigator” > “Market” tab.
Manual Installation
Copy AI Economic Release Strike EA.ex5 into the MQL5\Experts\ folder Restart MT5
Attach to a Chart
Open any symbol / timeframe chart (e.g., EURUSD M5)└ The EA’s internal logic will automatically detect the currency pair with the highest volatility for the upcoming release and place orders on that pair. In the Navigator, drag & drop AI Economic Release Strike EA from “Expert Advisors” onto the chart Tick “Allow Algo Trading” → OK Even if your broker appends a suffix such as .m or # , the EA resolves it automatically, so no extra settings are required.
WebRequest Settings (Required)In MT5, go to [Tools] → [Options] → [Expert Advisors] and add to “Allow WebRequest for listed URL”.The EA performs license verification via Google Apps Script.
3. Input Parameter Details
Group Parameter Default Description 🔑 License Verification InpLicenseKey (none) Purchase key—must be filled in. InpLicenseInterval 3600 Re-check interval (seconds). 📄 Calendar Check InpCheckInterval 30 CSV reload interval (seconds). Do not set below 30 sec. ⏱️ Entry Timing InpLeadSec 180 Seconds before release to open a trade. 💼 Exit Timing InpForceCloseSec 3 Seconds after release to force-close. ⚙️ Filters / Risk InpMinStars 3 Minimum ★ rating required. InpMinVolPips 15 Minimum expected move (pips). InpMaxSpreadPips 30 Maximum allowed spread (pips). 💰 Lot Settings InpLotSize 0.05 Base lot size. InpVariableLot true Enable automatic ★-based multipliers. 🛑 Initial SL InpUseInitSL true Place initial SL on entry. InpInitSLPips 60 Initial SL width (pips). InpTightenAtNews true Tighten SL to breakeven just before release. InpTightenSec 20 Seconds before release to tighten SL. 🎯 Trailing TP InpEnableTrail true Enable trailing take-profit. InpTrailPips 300 Trigger distance for instant TP (pips). ⚙️ Common InpEnableEA true Master on/off switch. InpMagicNumber 4102025 Upper 32-bit fixed magic number. InpUseSymbolMagic true Separate magic per symbol. InpLogLevel 0 0 = DEBUG, 1 = INFO, 2 = WARN, 3 = ERROR.
4. Notes & FAQ
Q: The EA doesn’t open trades.Check: 1) License key not entered 2) MT5 “Algo Trading” button is OFF 3) InpMinStars or InpMaxSpreadPips too strict. Q: Trades are skipped due to spread.Spreads often widen right before news. ECN accounts are recommended. If you must trade, raise InpMaxSpreadPips. Q: Stop-loss is too wide/narrow.Balance InpInitSLPips and InpTrailPips. Use wider SL on high-volatility pairs.
5. How to Read the “Expert” Tab Logs
The MT5 “Expert” tab can be divided into three phases—① initialization & license, ② data retrieval, ③ entry execution—making troubleshooting straightforward.
① Initialization & License Verification
INIT | Strike EA v1.5 start – EA has been loaded onto the chart. LIC | License OK – GAS replied with {“status”:”valid”} ; license accepted. Auth Error / LIC | Invalid … – Key not found, expired, inactive, or WebRequest not authorised.
② Economic-Data Retrieval
GDELT | GET Economic Release – Start downloading the CSV. status = 200 OK – HTTP success; CSV will now be parsed. PARSE | EURUSD … – Parsed indicator line. LOAD | Loaded n new records – Number of new rows added.
③ Entry Check → Order Execution
SYMMATCH – Maps input symbol to actual tradable symbol. SPREAD – Current spread vs. allowed max. ORDER | Opened … – Market order placed successfully.Send fail err=… shows the broker error code if the order was rejected.
Typical Log Messages & Quick Fixes
Auth Error – Key not registered / expired / inactive / WebRequest not authorised. HTTP fail – Network issue / wrong URL / SSL problem. LOAD 0 new records – No upcoming indicators or CSV format mismatch. SKIP | spread – Spread exceeded InpMaxSpreadPips. SKIP | confidence / volPips – ★ rating or expected pips below threshold.
6. Support
If you need assistance, send us a message via the MQL5 “Messages” system or leave a comment on the product page.Attaching your Experts tab logs and a screenshot will help us resolve issues more quickly.
📑 Recommended Set-File Guide
**What is a Set File (\*.set)?**
A preset configuration file that lets you save and load all Expert Advisor (EA) input parameters in one go.
• Stores every EA field (lot size, max spread, etc.) together in a single file
• Apply or save with one click via the MT4/MT5 “Load…” / “Save…” buttons
• Prevents typing errors and makes it easy to share recommended settings
1. ERS_Default_Conservative.set
Purpose: Balanced settings for mainstream majors such as EURUSD / USDJPY
Parameter Value Reason InpMinStars 3 Captures ★3 and above to secure trade frequency InpMinVolPips 15 Filters out noise below a 15-pip forecast move InpMaxSpreadPips 30 Typical upper limit for an ECN account InpLeadSec 180 Enters 3 minutes before the release InpLotSize 0.05 Low-risk lot size suited for initial live testing
This is the baseline preset. If you want stricter filtering, change InpMinStars to 4.
2. ERS_HighImpact_Aggressive.set
Purpose: Maximize profit by targeting only very high-impact releases such as NFP or CPI
Parameter Value Reason InpMinStars 4 Limits trades to ★4/5 high-impact events InpMinVolPips 25 Assumes a move of at least 25 pips InpLeadSec 120 Enters 2 minutes before to catch early reaction InpForceCloseSec 2 Force-closes 2 seconds after release to avoid reversals InpLotSize 0.20(VariableLot=false) Fixed 0.2 lot for stronger exposure
For traders with higher risk tolerance. Always test fills on a demo before going live.
3. ERS_LowSpread_ECN.set
Purpose: For premium ECN conditions where spreads shrink to 0.1–0.3 pips
Parameter Value Reason InpMaxSpreadPips 15 Tighter limit assuming ultra-low spreads InpTrailPips 200 Locks in profit earlier InpLotSize 0.10 Higher lot because costs are lower InpVariableLot true Adds multipliers on ★4/5 events InpLeadSec 150 2.5 minutes lead assuming low latency
If your broker’s spreads are wider, entries will drop sharply.
4. ERS_Gold_HighSpread.set
Purpose: Indicator trading on high-spread instruments such as XAUUSD
Parameter Value Reason InpMaxSpreadPips 120 Allows for 50–100 pip spikes InpInitSLPips 150 Protects against instant 100-pip jumps InpLotSize 0.02 Smaller lot due to large contract size InpLeadSec 240 Enters 4 minutes early to secure fill InpTrailPips 400 Captures gold’s large follow-through
Point size varies by broker—check the log for actual spread before live trading.
5. ERS_Demo_SmallLot.set
Purpose: Initial demo tests / ultra-low-risk warm-up
Parameter Value Reason InpLotSize 0.01 Minimal lot—virtually no loss risk InpMinStars 2 Increases entry count to observe behavior InpEnableTrail false Disables trailing for pure logic testing InpTrailPips 800 (Dummy value because trailing is off) InpUseInitSL false Observe slippage behavior InpMaxSpreadPips 50 Wide limit to find skip causes
When moving to live, load the Conservative or ECN preset instead.
💡 Tips for Choosing a Preset
First time on a live account: start with Conservative; if stable, try ECN or Aggressive Broker has wider spreads: use Gold_HighSpread as a base and adjust MaxSpread Too many / too few entries: fine-tune InpMinStars and InpMinVolPips Frequent reversals: shorten InpLeadSec (90–120 sec) Close requests rejected: extend InpForceCloseSec to 4–6 sec
📚️ How to Install a .set File
A) Download the desired set file and place it in any folder (Downloads or Desktop, for example)
B) Open the EA’s properties window (Inputs tab) and click the
< Load… > button in the bottom-right corner
C) From the list of downloaded set files, select the preset you need
─ ERS_Default_Conservative.set
─ ERS_HighImpact_Aggressive.set
─ ERS_LowSpread_ECN.set
─ ERS_Gold_HighSpread.set
─ ERS_Demo_SmallLot.set
Click “Open”
└ All input values will be overwritten at once
D) Review the settings and press < OK > to apply them to the chart
─ Adjust lot size or max spread if needed
─ If you change something by mistake, simply load the preset again
* You must enter the access key manually each time. Copy & paste is recommended to avoid typos.
If you need extra presets or have questions, feel free to ask in the group chat.
Disclaimer: Trading leveraged instruments involves risk; past performance does not guarantee future results. Manage capital wisely and trade at your own discretion.
Thank you for reading—wishing you successful trading! 
