Some coders are coding for elite section especially. So, Igorad coded his NewsTrader. Besides this EA may be used as indicator (drawing the news on the chart) but I am not using it. Igorad coded it one or two months ago based on his "write-in-file" EAs which I am using during the more than 1 year already.

We need to fill text file with the news and EA will open buy/sell stop orders on the distance (20 pips by default) 5 minutes before the news (5 minutes is changable in the settings).

If no any pending orders were executed so both will be deleted after 15 minutes (changable as well). And EA is checking for any old orders before placing pending orders on the next news: EA will delete all the old orders which were opened during the old news so we may test as many news as we want during a day.
tp, sl, trailing stop.
And all the orders will be closed in the end of the day (changable as well).
And some other improvements.

Of course it's up to trader which EA to use. But if I use Igorad's NewsTrader and I need some improvement so I don't need to call anybody: the coder (Igorad) is just here and I need just to post request in the thread.

We are not using the news calendar from forexfactory. In those elite section thread I and some people are trying to explain the news (what those news evens mean) with some explanation, banks daily news evaluation, levels and so on. Besides i am updating this text news file weekly.
So the people are having the choise:
- use my news weekly file with news explanation (just to place in right place in Metatrader's directory). I am updating it weekly on Sunday;
or
- to write their own (I am trying to post enough data/description for that).
I am using my text file. Igorad prefers to use hs own text file (posting as well).

I am taking a chance ... because the coder is just here so ... good possibility for improvement.