SteveHopwood » Thu Aug 03, 2017 1:54 pm wrote:eaymon is working on a news filter. I will cheerfully accept it once he does so - I am not one to turn down free code and will accept it with gratitude.

Do I think there is any point in doing so? Nope. News rarely even creates a spike that can respect itself these days. Angsting about new releases is a waste of energy.

TraderJoeForex » Thu Aug 03, 2017 2:05 pm wrote:
My thoughts on today is that it has been helpful to get an idea of what we are looking at in terms of drawdown for a big ish news event. Tomorrow will be another.

For me the total drawdown so far is at an acceptable level and does not cause any concerns or present any problem that needs to be dealt with. Around 1/3 of my profit for the last two weeks is not a big deal. However what is key is how quickly it recovers and tomorrow will be the true test of that. I suspect and hope that it will without any intervention.

I had two live manual positions open this morning in profit and I closed them. If I had been trading Awesome Live I would have closed it down too and restarted next week. But this is what testing is for, to test all eventualities and see how it copes. I still believe in the possibility of it running all pairs, 24/5 and self balancing after any big moves but only time will tell on this. Tomorrow will be fun to watch.

A news filter may be helpful or it may be unnecessarily complicated. Of course it will be great to test and see what difference it can make. Once Steve has added the daily/weekly profit controls then manual intervention to close before news or weekends will be very easy.

OmarSM » Thu Aug 03, 2017 3:15 pm wrote:Hi people,

The past event has assured the mantra of using small lot sizes versus equity. At the moment, Awesome is too early in its infancy. Lets see how it handles more trading days to have a better understanding of its behavior.

My $3000 demo is sitting on a 5% DD using all pairs, hands free mode, with Awesome+M1Basket set file and PoS+SteveM1 set file. If the EA keeps consistently bringing above 1% daily profits, it's a winner.

Again, thanks to all involved in these creations

eaymon » Thu Aug 03, 2017 5:44 pm wrote:ok guys I'm close to finishing the code for handling the news.

The inputs are as follows:

Code: Select all

extern string  avo="---- Avoid News ----";
extern bool    StopTradingNews=true;
// stop trading for high, high/medium or high/medium/low events 
extern int     Stop_Impacts_H_HM_HML_123=1;
//Stop trading XX minutes before the news event
extern double  NewsMinutesBefore=60;
//Stop trading XX minutes after the news event
extern double  NewsMinutesUntilResume=240;

It will pull the news from forex factory every 60 minutes and parse the saved file every 10 minutes.
It will then save all current events in memory that are within range.
There is a separate method :

Code: Select all

 IsNewsInRange(string cSymbol) 

That will return true or false whether the news is nearby for a particular currency. So Awesome can still run on other pairs whilst the news plays itself out.
It still needs to be implemented where we choose to close and open trades.

Are there any other inputs, control or functionality you need?

Eaymon

wallywonka » Thu Aug 03, 2017 11:03 pm wrote: Maybe an option to kept trading but close the pairs affected by the news

wallywonka » Thu Aug 03, 2017 11:03 pm wrote: and also the option to completely disable trading

TraderJoeForex » Thu Aug 03, 2017 7:05 pm wrote: what is key is how quickly it recovers and tomorrow will be the true test of that. I suspect and hope that it will without any intervention.