News Trader EA - page 5

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Sergey Golubev
Moderator
110754
Sergey Golubev  
seyitkaran:
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...

Yes, may be.

But I think it may be more difficult for real account to use 2 minutes.

Anyway will see.

Sergey Golubev
Moderator
110754
Sergey Golubev  
dswk:
Agree for the time.

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)?

David SWINKA
614
David SWINKA  
newdigital:
Does your broker is in GMT +2 (TimeZone=1)?

Yes. fxlite.

kanaps
22
kanaps  
seyitkaran:
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

Sergey Golubev
Moderator
110754
Sergey Golubev  

Some trades were opened on the news (attached).

Please note that I am testing the two settings - see post #1.

Files:
Sergey Golubev
Moderator
110754
Sergey Golubev  

Updated statement.

Just hope that everything will be closed in profit in SessionEnd time (see settings of EA).

Sergey Golubev
Moderator
110754
Sergey Golubev  

Statement updated. All the orders were closed in profit yesterday.

nuovascienza
12
nuovascienza  

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

David SWINKA
614
David SWINKA  

Live account.

+50 pips. on US Trade Balance (yesterday)

+37 pips. on GBP Industrial Production. manualy closed

Next :

rate decision.

I love it.

Igor Durkin
6651
Igor Durkin  

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.

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