NewsCatcher Pro (de tsinandali)
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Discussion NewsCatcher Pro
Membre depuis Jul 11, 2015
posts 12
Membre depuis Dec 04, 2010
posts 1447
Dec 06, 2016 at 12:33
Membre depuis Dec 04, 2010
posts 1447
is this running with just the default settings? i.e. only the highlighted news events under the forexfactory calender or the other calendar?
Membre depuis Jul 11, 2015
posts 12
Membre depuis Dec 04, 2010
posts 1447
Dec 06, 2016 at 13:30
Membre depuis Dec 04, 2010
posts 1447
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.
Membre depuis Jul 11, 2015
posts 12
Membre depuis Dec 04, 2010
posts 1447
Dec 10, 2016 at 09:03
Membre depuis Dec 04, 2010
posts 1447
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
Membre depuis Jul 11, 2015
posts 12
Membre depuis Dec 04, 2010
posts 1447
Dec 10, 2016 at 09:09
Membre depuis Dec 04, 2010
posts 1447
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.
Membre depuis Jul 11, 2015
posts 12
Membre depuis Dec 04, 2010
posts 1447
Dec 11, 2016 at 23:08
Membre depuis Dec 04, 2010
posts 1447
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
Membre depuis Dec 04, 2010
posts 1447
Dec 15, 2016 at 03:30
Membre depuis Dec 04, 2010
posts 1447
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?
Membre depuis Jul 11, 2015
posts 12
Membre depuis Jul 11, 2015
posts 12
Dec 15, 2016 at 05:40
Membre depuis Jul 11, 2015
posts 12
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!!
Membre depuis Dec 04, 2010
posts 1447
Jan 17, 2017 at 11:18
Membre depuis Dec 04, 2010
posts 1447
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!!
Membre depuis Jul 11, 2015
posts 12
Jan 18, 2017 at 10:00
Membre depuis Jul 11, 2015
posts 12
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.
Membre depuis Jul 11, 2015
posts 12
Membre depuis Dec 04, 2010
posts 1447
Jan 19, 2017 at 06:28
Membre depuis Dec 04, 2010
posts 1447
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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