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NewsCatcher Pro (de tsinandali)
El usuario ha borrado este sistema.
Discusión NewsCatcher Pro
Nov 12, 2016 at 06:49
Vistas 963
18 Replies
Miembro desde Jul 11, 2015
posts 12
Nov 30, 2016 at 12:32
Fundamental and automated - so far so good
Miembro desde Dec 04, 2010
posts 1447
Dec 06, 2016 at 12:33
is this running with just the default settings? i.e. only the highlighted news events under the forexfactory calender or the other calendar?
Miembro desde Jul 11, 2015
posts 12
Dec 06, 2016 at 12:53
Yes it has default settings. It is not news, it is economic data published regularly same time: retail sales m/m, michigan consumer sentiment etc.
Miembro desde Dec 04, 2010
posts 1447
Dec 06, 2016 at 13:30
cool I know there are many more events in a month so just checking the low number of trades was because it's just trading on events with the likelihood of bigger moves and that is the default settings. I am trying it out now.
Miembro desde Jul 11, 2015
posts 12
Dec 10, 2016 at 08:49
Waiting for the FRS decision!! Should hit over 117.40 for USDJPY!!
Miembro desde Dec 04, 2010
posts 1447
Dec 10, 2016 at 09:03
I notice for each event it has vol=0.1 does this mean the risk is 10% per trade? i.e. it uses a lot size that based on the hard Stop Loss risks 10% of the account per trade? cheers
Miembro desde Jul 11, 2015
posts 12
Dec 10, 2016 at 09:06
For 10 USD, a volume of 0.1 means a risk of 0.1%
Miembro desde Dec 04, 2010
posts 1447
Dec 10, 2016 at 09:09
so the standard settings for the EA are risking 0.1 percentage point of the account? that seems extraordinary low, I just noticed the SL seems to be being placed a long distance from entry, so it seemed that it was actually 10% of the account at risk. can I email you privately and send you a screen shot to show you what I mean. thanks.
Miembro desde Jul 11, 2015
posts 12
Dec 10, 2016 at 09:11
It was going to close using the zero function of the EA on Friday. I pulled the stoploss away because I believe it is the right direction for USDJPY awaiting for the FRS decision next week!!
Miembro desde Dec 04, 2010
posts 1447
Dec 11, 2016 at 23:08
sorry I was referring to my own account, when I use strategy one of the pending orders, it seems to be placing a very large SL, which would represent much more than a 1% loss of the account if hit. please PM your email. cheers
Miembro desde Dec 04, 2010
posts 1447
Dec 15, 2016 at 03:30
Is the SL 200 pips. I am finding that for instance with FOMC decision I selected the str1 option with the pending orders, it had vol=0.1% I thought this mean it was risking 1% or 0.1% of the account size where it would set the SL. However it opened 0.18 lots on a $1,500 account and set a 200 pip Take profit and 200 pip SL. The SL size is insane for a news trading EA? Can you explain am I missing a setting somewhere? why is SL so large?
Miembro desde Jul 11, 2015
posts 12
Dec 15, 2016 at 05:29
Like I said: over 200 pips!!
Miembro desde Jul 11, 2015
posts 12
Dec 15, 2016 at 05:40
aeronthomas posted:
Is the SL 200 pips. I am finding that for instance with FOMC decision I selected the str1 option with the pending orders, it had vol=0.1% I thought this mean it was risking 1% or 0.1% of the account size where it would set the SL. However it opened 0.18 lots on a $1,500 account and set a 200 pip Take profit and 200 pip SL. The SL size is insane for a news trading EA? Can you explain am I missing a setting somewhere? why is SL so large?
It is the winning strategy!! See this account. You can always change your settings if you are not sure!!
Miembro desde Dec 04, 2010
posts 1447
Jan 17, 2017 at 11:18
tsinandali posted:I can't see where I can set the SL amount though? and if I use the vol setting it doesn't translate to a small SL, only huge 200 pips SL which is very large for news trading...aeronthomas posted:
Is the SL 200 pips. I am finding that for instance with FOMC decision I selected the str1 option with the pending orders, it had vol=0.1% I thought this mean it was risking 1% or 0.1% of the account size where it would set the SL. However it opened 0.18 lots on a $1,500 account and set a 200 pip Take profit and 200 pip SL. The SL size is insane for a news trading EA? Can you explain am I missing a setting somewhere? why is SL so large?
It is the winning strategy!! See this account. You can always change your settings if you are not sure!!
Miembro desde Jul 11, 2015
posts 12
Jan 18, 2017 at 10:00
aeronthomas posted:
I can't see where I can set the SL amount though? and if I use the vol setting it doesn't translate to a small SL, only huge 200 pips SL which is very large for news trading...
You set all the parameters in the view of any event. Click it to see. Starting from the version 7.0 you can also use the global properties available via the MT4 menu > EA Properties.
Miembro desde Jul 11, 2015
posts 12
Jan 18, 2017 at 10:00
gmxtrader posted:
i see that most of the brokers freeze mt4 during news. how the ea will handle this?
Find a good broker. Any renowned should be good.
Miembro desde Dec 04, 2010
posts 1447
Jan 19, 2017 at 06:28
tsinandali posted:okay definitely global properties will be a big advantage rather than setting for each event individually. cheersaeronthomas posted:
I can't see where I can set the SL amount though? and if I use the vol setting it doesn't translate to a small SL, only huge 200 pips SL which is very large for news trading...
You set all the parameters in the view of any event. Click it to see. Starting from the version 7.0 you can also use the global properties available via the MT4 menu > EA Properties.
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