News Catcher Pro Review

News Catcher Pro is a trading solution that was designed to help us with trading our orders automatically. According to the developer, we can expect that the system will mabage our trading account and provide stable profits with low trading risks. So, let’s check if the system is good to go. 

Trading strategy explanation

The presentation includes information about the system and how it works. 

• The system works automatically. 

• There’s a live track record provided. 

• The system works on the dev’s account with extremely high risk. 

• There are 6 copies left from 10 for $899. 

• We have the next price will be $999. 

• The dev wants to keep the number of system’s users low and the price high. 

• It uses a mean-reversion strategy that uses intraday seasonal volatility patterns caused by high-impact news events.

• It gets the market right before the news are about to be released. 

• The advisor works with low trading frequency. 

• It supports working with: GBPUSD, EURUSD, EURGBP. 

• The only suggested time frame is M5. 

• We can purchase an MT4 version either. 

• It follows FIFO rules in trading. 

• It doesn’t work with Martingale and Grid. 

• The robot protects orders with SL levels. 

• We have to backtest the system, using a news events list. 

• We can work from a single chart with all symbols. 

• It supports trading on multiple pirs. 

• There’s an advanced news filter.

• The system has to be attached to the M5 chart only, EURUSD is recommended. 

• It’s delivered already customized. 

• We have to work on a hedge account only. 

• A VPS service is a good extra. 

• The robot should be used on an ECN broker. 

Backtest data analysis

We have only a screenshot of the growth chart. The robot was tested on the data from 2008 to 2022 with a risk of 10% per trade. 

Live trading data analysis

The system has been working on a real IC Markets-based account. The leverage is 1:500. The maximum drawdown is 68.3% when the maximum deposit load is 63.7%. These numbers aren’t welcome. An expected win rate is 96.8%. The initial deposit was only 30 AUD.  

It works with average frequency of two deals weekly. An average holding time is two days. 

We may note that the system can easily lose a month or two. 

The system works with insanely deep SL levels. 

The robot has traded 95 deals when the best trade is 15.38 AUD and the worst one is -38.55 AUD. The recovery factor is 2.57 when the profit factor is 2.60. An average monthly growth is -2.74%. 

The system works with EURGBP more frequently than with the others. 

The company

Valeriia Mishchenko is a developer from Russia. There are 8 products and 19 signals in her portfolio. The products form a 4.7 rate based on 152 reviews. 

We have mostly positive testimonials written about the system. People are satisfied with profitability and support.

Pricing

The robot can be bought for $899 for a single copy. There are no rental options available. We can download a copy of the robot for free for demo usage. 

Review summary

News Calendar Pro is a trading solution that works with news to spot the best trading setups. The system works with high risks and deep drawdowns by default. 

Rating: 6/10