fundamental news trader / filter

[mlewis]

I'm not for a second suggesting we are going to get great low latency execution using the market's dumbest and slowest platform, running on windows and using second-hand data from a slow retail trader website rather than a low latency news feed into C++ on linux all co-located at the broker.

BUT...

I still think there is merit in looking into a news trader, or rather a news reading filter for swing trading systems (like bob's holly grail systems) that are highly vulnerable to unpredictable news movement. who knows it might even work for big deviations from expectations on the big news events.

We'll get lousy fills if 50 pips is all we are targeting (or trying to save if already in the money), but if we're 400 pips up on a trade and we get a shocker of an NFP or whatever, i'm going to want to close in the money dollar longs fast and i'm not always at my terminal these days 100% of the time.

what's more... we already have an example of this in MQL4 that we can adapt to our needs from here:

https://www.mql5.com/pt/code/8491

I can't get that to work, it's no longer current, but its a starting point to borrow code snippets and ideas from right?

anybody interested?

Mark