News Trader EA - page 5
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Here's my settings for USD Trade Balance in one hour :
ExpertName=NewsTrader_v2
Magic=22222
Slippage=6
Main_Parameters= Trade Volume & Trade Method
Lots=0.20000000
StopTrade=0
Data= Input Data
TimeZone=1
TimeGap=2
OrderDuration=5
ProcessTime=2
SessionEnd=23
CalendarName=CalendarNFP07ja.txt
TakeProfit=40.00000000
TrailingStop=0.00000000
InitialStop=40.00000000
BreakEven=0.00000000
PendOrdGap=15.00000000
DisplayLine=1
DisplayText=1
MM_Parameters= MoneyManagement by L.Williams
MM=0
MMRisk=0.15000000
LossMax=250.00000000
let's see what happend.
on GBPUSD 5 min chart.Does your broker is in GMT +2 (TimeZone=1)?
Does your broker is in GMT +2 (TimeZone=1)?
Yes. fxlite.
I think take positions before 5 minutes risky because there may be fluctuations before 5 minutes , your positions open and if it gets to reversal direction after news to your position you may be loss. so it can be opened before 2 minutes.. it's ideal i think...
Take a look at the history.. quite often market starts moving couple minutes before the exact time.. looks like news are not published at exact time.. looks like they allow couple minutes yearly publishing
Some trades were opened on the news (attached).
Please note that I am testing the two settings - see post #1.
Updated statement.
Just hope that everything will be closed in profit in SessionEnd time (see settings of EA).
Statement updated. All the orders were closed in profit yesterday.
Here's my settings for GDP Industrial Production
Expert Name: NewsTrader_v2
Magic: 22222
Slippage: 6
Lots: 3
Stop trade: false
Data: Input data
Time zone: 0
Time gap:2
Order Duration:5
Process Time: 2
Session End: 23
Take Profit: 20
Trailing Stop: 0
Initial Stop: 30
Break Even: 0
Pend Ord Gap: 9
MMRisk: 0.15
Live account.
+50 pips. on US Trade Balance (yesterday)
+37 pips. on GBP Industrial Production. manualy closed
Next :
rate decision.
I love it.
I tried to test EA on the real account.
For GBP Industrial Production m/m:
2007.01.11 11:36 buy 1.00 gbpusd 1.9386 1.9397 1.9436 2007.01.11 11:48 1.9397 0.00 0.00 0.00 110.00
TakeProfit = 50;
TrailingStop = 10;
InitialStop = 30;
BreakEven = 0;
PendOrdGap = 20;
No problem with opening of pending orders.
Thanks Igorad...
Yes... Thanks for the great coding Igorad.
I already use it live with success. I will now test more settings.
Question : can we include a new functionnality ?
When the EA try to place a pending order who is not accepted by the broker because of increased swap before the new, the EA try immediatly the replace another order but + or - 1 pips until it's able to place the order. (in a loop)
I know we have the PenOrdGap variable but it's to place as soon as best the order...
just a question ;-)