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Thanks FerruFX. I understand your view on that but the broker I'm with now has slow execution during news times and stop-loss or entry orders will NOT be respected during news releases plus I'm using the Perfect Trailing Stop EA that modifies the stop loss as needed. At news times orders may be filled higher than your buy order and you can be stopped out at much lower price below your SL. Their spreads increase during that time so for a beginner I think that it's best to let an EA close all orders before any news announcments. Does such an EA exist?
:: if you experience that kind of trouble with your broker please strongly consider to change your broker, it isn't that kind of hassle anymore... and after that you can judge your indicators/EA's in a better way with your new broker... Don't work around your broker, let your broker perform well for you!!
IN10TION
Quote:
Originally Posted by global
Thanks FerruFX. I understand your view on that but the broker I'm with now has slow execution during news times and stop-loss or entry orders will NOT be respected during news releases plus I'm using the Perfect Trailing Stop EA that modifies the stop loss as needed. At news times orders may be filled higher than your buy order and you can be stopped out at much lower price below your SL. Their spreads increase during that time so for a beginner I think that it's best to let an EA close all orders before any news announcments. Does such an EA exist?
You are right IN10TION. Maybe I should really start looking for a new broker. Any broker recommendations that don't have any of the problems I mentioned?
I recently downloaded an indicator called FFCal v06 from a Murrey Math thread. I can't get the thing to work...each time I attach it to my charts it locks my platform and I have to restart?
It seems to work fine for others like Xard777 (I think he posted in a year or so ago).