News Trading System
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Thread: News Trading System

  1. #1
    News trading process is an effort to exchange major/medium impact news of all currency pairs using lively straddle pending orders(buy/sell stop) to gauge the momentum and direction of markets with an auto expiration set to 15 minutes from the start of the event plus it would lead to automatic offset of orders when not triggered.


    Also we'd have 30pip SL and 7pip Path along with 50pip TP preset for the triggered place to handle position.

    Results are available here TE above because it continue to operate by only trading major events together with the above said technique using degree of exact timing /technique to rack fantastic pips.

    Courtesy: It utilizes FF Calendar for pulling Medium/High Impact News and instances server to get the matching GMT/UTC period of the news with MT4 time.

  2. #2
    Quote Originally Posted by ;
    News Trading System is an attempt to trade major/medium influence news of all currency pairs using lively straddle pending orders(buy/sell stop) to gauge the momentum and direction of markets using an auto expiration set to 15 minutes time from the start of the event also it would lead to automatic offset of orders when not triggered. image image Also we would have 30pip SL and 7pip Path together with 50pip TP preset for the triggered place to manage position. Results can be found here with this http://www.myfxbook.com/members/Alek...ews-ea/1731573...
    Can you activate your straddle about the news time, so how about slippage?

  3. #3
    Quote Originally Posted by ;
    quote Can you trigger your straddle about the news time, so how about slippage?
    EA trigger transactions at the news time - dynamically moving back-to-back pending orders at the Onset of news with auto expiry of 15minutes if not triggered

  4. #4
    Quote Originally Posted by ;
    quote EA activate trades in the news time - dynamically moving straddle pending orders at the start of news with auto expiry of 15minutes if not triggered
    Thank you for the answer, how can you manage slippage'cause at news time, there'll be high slippage?

  5. #5
    Do you find Pepper for spread at news time?

  6. #6
    Looks promising! 3 questions:
    - Just how can you not get losses when there are whipsaws during these news events?
    - Do you cancel 1 management if transactions in another direction are triggered?
    - How do you decide the pending orders price? Fibonacci?

  7. #7
    Seem egy so much until now. I gonna because I do not possess the EA attempt it manually. Thank you very much for the contribution in FF sir

  8. #8
    Quote Originally Posted by ;
    How do you locate Pepper for widening spread at news time?
    I'm checking for slippage and spread before entering order in EA. But after the pending order gets converted to market order should they trigger it we have stoploss and take profit and trailstop protection.

    We have two news for now US GDP and Fed Yellen Speaks in 8/26 - that I will post the trades in the event the market volatility is both good and activates the trades also you can check the trades in myfxbook posted in first thread.

    Good luck!

  9. #9
    Quote Originally Posted by ;
    Looks promising! 3 questions: - How can you not get losses when there are whipsaws during those news events? - if transactions in another direction are triggered Can you cancel 1 direction? - How do you determine that the pending orders price? Fibonacci?
    Buddy am employing a moving pending orders in line with this price action not a static fixed pending order that will whipsaw incase of zigzag moves thanks!

  10. #10
    Quote Originally Posted by ;
    Seem ideal egy so far until now. I gonna because I don't have the EA, try it. Thank you very much for the contribution in FF sir
    Fung, when you try manually you can't always perform ordermodify at quick speed based on price action.

    Lets say you've decided initial straddle buy and sell cease are 20pips from current market price, after the news once price moves up/down my pending order from EA also becomes dynamic moving the price according to the new current market price along with SL/TP constantly until automatic expiry of order if not triggered after 15-20min when there is no volatility and lack of momentum for market to choose to go either way UP or DOWN.

    cheers

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