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The settings of this ea are completely up the users configuration. You would have to set it up for particular news events. I've never used this ea, I'm just putting it out there because if you look at various boards and contests it's obvious that some of the top contestants are routinely news traders.
I had used it awhile back, its probably one of the best news EA compared to others I have tried. It does work only if your broker not have constant requotes like mine just within the past several months.
I had used it awhile back, its probably one of the best news EA compared to others I have tried. It does work only if your broker not have constant requotes like mine just within the past several months.
Its a straddle EA so its up to you what you feel comfortable with. I can only suggest that you demo the EA to get the appropriate settings you want, but as you know, we cannot predict the news. I have seen many instances where price starts moving one direction just before news, and then it starts turning the other way after the news. Just be aware of your TP and SL....
I posted on "forexfactory" but have been told that EXPERTS reside HERE
At time of NEWS - "AmazingEA" allows for "DAY" of news and "HOUR/MIN" settings and assumes "current" month... "Straddle_Trail" allows for "HOUR/MIN" but assumes "TODAY's month and day".
If I wanted to enter a trade for - say - 2 am EST, I'd have to wait 'till past midnight to set it.
What I'd like to be able to do is:
a) Set the EA at (i.e.) 8 pm 9/24/07 to enter the trade at 2am 9/25/07 ... or
b) Set the EA this Mon. afternoon for news on Wed 2 am (if I'm unavailable in between)
... but if Mon is end of Aug and Wed is beginning of Sept. then I would need the "MONTH" parameter...
I hope it's clear enough what I'm trying to accomplish - THESE ARE AWESOME Experts, btw. I hope it helps someone... Thank you, in advance, for any help you may provide.
I posted elsewhere but realized what I wanted was incorrect and un-clear. Attached EA is REALLY amazing. I hope it helps someone trading news / straddles. What I need help with is adding a “MONTH” variable so I can back-test and optimize it.
Right now it has:
--------------------------------------------------------------------------------------
extern int NDay=15; //--- DAY of the news announcement
extern int NHour=08; //--- HOUR news of announcement
extern int NMin=30; //---MIN of news announcement
…
if (Day()!=NDay) {
Comment("\nAmazingEA…. “Not day of expected news");
return(0);
}
else Comment("\nAmazingEA… ",LotsOptimized());
if ((secofday<secofnews) && (secofday>(secofnews-SecBPO))) {
if (OrdersCondition==0) {
Write("Opening BuyStop & SellStop, etc…etc…etc…
---------------------------------------------------------------------------------------------
So… The way I understand it is that
(line 309) checks and if “Day” IS NOT set day (“NDay”) variable … writes comment and stops the EA
… If “Day” IS set day (“NDay”) variable… do this and this and this.
This assumes that the MONTH is the “current” server month, so in back-testing I can test each DAY of the current month (September) and it works fine… But I can’t back-test any other months.
What I’d like is to have a MONTH variable so I can back-test it for the past months of 2007. I assume that in order to check previous YEARS, it would need a YEAR variable too.
If I misunderstood how to do back-testing, then PLEASE let me know. It performed great with my settings for this month, but I’d like to have more months of testing… Thank you so much for the help.
Linear Mode
