Any chance or ideas to fix economic calendar

[disaster123]

Hello,

the idea of the economic calendar itself is nice and great but there are several news flagged with the wrong impact. For example US CPI events should

be high not med.

Is there any solution available to fix this? The EAs I’m using can only filter by impact. But I cannot use high or medium because high misses some important news and med has far too many news.

Is there any way to modify the calendar?

Thx!

Greets,

Stefan

[Sergey Golubev]

disaster123:

For example US CPI events should

be high not med.

I do not think there is the way to modify MQL5 economic calendar.

Besides, every calendar is estimating their own rules for high/medium/low impacted news events.
Because the only same for them (for calendars) are the following:

• NFP news events are always high impacted ones; 
• core events are more impact.

And any other situations are related to the ecomonic calendars (because other situations are not unified - because "calendars should not spy for each other").

[Stanislav Korotky]

disaster123:

the idea of the economic calendar itself is nice and great but there are several news flagged with the wrong impact. For example US CPI events should

be high not med.

Is there any solution available to fix this? The EAs I’m using can only filter by impact. But I cannot use high or medium because high misses some important news and med has far too many news.

Is there any way to modify the calendar?

Please, provide a list of event types with incorrect importantce in MT5 calendar, according to your expectations. I could possibly add a feature to the calendar cache to edit(on history) its properties just to compare trading performance before and after your idea implementation. If it's proved to be successful, then the importance and other properties could be possibly modified in the calender filter on-the-fly.

[disaster123]

Stanislav Korotky #:

Please, provide a list of event types with incorrect importantce in MT5 calendar, according to your expectations. I could possibly add a feature to the calendar cache to edit(on history) its properties just to compare trading performance before and after your idea implementation. If it's proved to be successful, then the importance and other properties could be possibly modified in the calender filter on-the-fly.

Thx for your reply. The easiest example is “USD core CPI” on Wednesday this week.

Link: https://www.mql5.com/en/economic-calendar/united-states/consumer-price-index-ex-food-energy-mm

It results very often in high volatility for EURUSD. 

https://www.mql5.com/en/economic-calendar

But I’m unsure how this will help me. Those are external EAs I do not control the source code.

[Lorentzos Roussos]

Stanislav Korotky #:

Please, provide a list of event types with incorrect importantce in MT5 calendar, according to your expectations. I could possibly add a feature to the calendar cache to edit(on history) its properties just to compare trading performance before and after your idea implementation. If it's proved to be successful, then the importance and other properties could be possibly modified in the calender filter on-the-fly.

maybe a tool that scans the FF calendar and this and finds offsets ? (logical ones not 3.2M and 3200000) 

[Stanislav Korotky]

Lorentzos Roussos #:

maybe a tool that scans the FF calendar and this and finds offsets ? (logical ones not 3.2M and 3200000) 

Well, if you do the scanning and parsing of web-pages anyway then it's more simple to stick to that exemplary external calendar completely and don't use the built-in one.

[disaster123]

Stanislav Korotky #:

Well, if you do the scanning and parsing of web-pages anyway then it's more simple to stick to that exemplary external calendar completely and don't use the built-in one.

Did you see my reply stanislav? Thx!

[Lorentzos Roussos]

Stanislav Korotky #:

Well, if you do the scanning and parsing of web-pages anyway then it's more simple to stick to that exemplary external calendar completely and don't use the built-in one.

yeah good point , although the FF server wont like that intrusion 

[Stanislav Korotky]

disaster123 #:
Did you see my reply stanislav? Thx!

Which one? I saw the message about the single event type "USD core CPI". Is it the only one you want to fix?

[disaster123]

Stanislav Korotky #:

Which one? I saw the message about the single event type "USD core CPI". Is it the only one you want to fix?

No there are a way more but I want to see the light before going through all news. Currently I do not understand how you can fix this for me? Sorry and thanks for your help!

are you from metaquotes and can change the calendar for me? Sorry for that may be stupid question.

[Stanislav Korotky]

disaster123 #:
No there are a way more but I want to see the light before going through all news. Currently I do not understand how you can fix this for me? Sorry and thanks for your help!

are you from metaquotes and can change the calendar for me? Sorry for that may be stupid question.

I'm not from MQ, I'm just a developer of MQL5 programs. I can't fix it in the built-in calendar, but it can be overriden in a software wrapper made for the calendar. Of course EA will need to use this wrapper.

Can you backtest your EA on the specific event type (or predefined set of event types)? This way we could obtain stats to estimate if the importance flag is worth patching.

Actually, I don't think it's a good idea to include all events (of a specific category) into algotrading without preliminary manual filtering. Specifically, high impact news types are very different, and not equally suitable for specific strategy. If you're sure that US CPI is good for your EA, you just add it into the settings explicitly.