Dashboard DB_CCFp-Diff Sessions/News Trading

I am considering to use DB_CCFP_Diff.ex4 on real account would be separate into 2 baskets according to news events:

This concept hinged upon this principal: news time short tf rules, no news long tf rules.

Basket #1: no news trade at session opening [all pairs]

1. candle and MTF CC-Diff setting: H1, H4, D1, level 2, use current = true, use MA
2. Open 5-15 minutes after session open, close after 2-4 hours, or hold it until next session.
3. Monitor and record down real time P&L after every 15mins to get optimal closing time.

Basket #2: news trade [only open if no pre-news large movement aka news leak movement]

1. candle and MTF CC-Diff setting: M1, M5, M15, H1, level 1, use current = true, use Bar
2. Open 1 minute before news, close it after 1 hour or hold it until next major news.
3. Monitor and record down real time P&L after every 15mins to get optimal closing time.

Above trading rules are still refining. Your constructive recommendations/modifications much appreciated, feel free to test it out and share your results after every session.

I tried to upload .set files but upload not supported, so you have to do it manually follow the rules above with your own mods.

Please test and feedback together here. This first post will be modified/updated from time to time. Like to see more initiative of testers contributing results before proceed further.

You test first and i follow. if.......profitable

The GBP has moved 170 pips prior to news (red) since london opening (blue), so news trade avoided, however the session open trade should give good profit.
https://charts.mql5.com/19/657/gbpus...up-limited.png

thanks for opening it, are you using multiple time frame with EAX dashboard ?

Hi, belief. You can upoload set files but with txt extension (name_file.txt instead name_file.set)

Thanks

following

yes.

1. after news clusters over, i use CCFp-diff pin with eax level 2 (high tf) to first auto open pairs with all news released, then i switch to level 1 (all tf with 7pins on) to open the rest. [QUESTION 1 to all: how many minutes do you think to wait AFTER news cluster to trade?]

2. for pre-news trades use level 1 at small tf to open only the news related pairs. [QUESTION 2 to all: how many minutes BEFORE news cluster do you think best to open?]

3. 1 hour prior to news cluster, i might close or even reverse trade on news related pairs, i am still observing this, as pointed out in my PM to you just now.

thanks for your PM that also activated me to reply this.

attached JPY news just over example just to get the point:
just after news

1 hour after news, small tf opposing high tf

2 hours after news

3 hours later, small tf dominated high tf

4.5 hours later TP, close it (OR WOULD YOU SAY REVERSE IT AT THIS POINT?), pending EUR and GBP news