EA for trading on news. Good for part time traders.

Andy4Rum said:
Don't think I'm better... just maybe found kind of own way to use it... hard to explain, like feel it. But still, I suppose, main success is short SL and good TP (TSL)... it helps to recover fast even on bad activity...

I'm still fight with myself... I use to close profit trades fast... but should allow it to grow... :) because SL is always fixed and comes full
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The only point I wanted to identify your strategy is then to suggest you to read real case experiences trading with news straddle. There are loads of articles and discussions which can help to improve your strategy.
 
pipeguy said:
The only point I wanted to identify your strategy is then to suggest you to read real case experiences trading with news straddle. There are loads of articles and discussions which can help to improve your strategy.
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yep, sounds good... I found, that too many theory is really slow down my activity... as soon as I start analyze too much - I missed almost all trades, because as much conditions you add - than less trades you made... and frankly speaking - it's FX and NEWS... results are still very and very unexpected sometimes... suddenly :)
 
Ironman777 said:
I don't think it's effective!
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practice is the best way to go. For me, news is the only way to get good profit due lack of time. I know its risky, but with right sets based on practice - still possible to be in profit.
 
they uploaded latest version 2 weeks ago, with lite update for possible
slipparage + spread filter is coming. Link was same

Andy4Rum said:
hey

menu_1213eanews.png

New version got spread filter here - just set the MAX here... that's all...
Also, guys are flexible... they have added spread after my requests
source to tool here: http://www.dmurakami.com/eanews4u.htm
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Keep learning and focus on your goal that can help you to improve your skills. Only you and yourself is going to help you for your trading.
 
Trading news? This game is over. Unless you have fully automated a workflow of getting news feeds real time and your trading machine is co-located, zero chance in the long run. On top of all that, how good is the news source anyways? Introduce a few milliseconds of lag or worse, the news quality is questionable.... wouldn't touch it with a barge pole.
 
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