Event Driven Trading System - News Trader - Free Program

Im on XM zero spreads,..real account,..looks good, the results is near the same of your demos,.same times a bit better, not much,..

+ 22 pips on the UDSCAD trade. OANDA live.
Thank you Teamaker.

Good job. Pls thanks oanda. I lost 8pips in my live account.

I saw that beginning whipsaw and was surprised it didn't get me.
I probably missed me by a hair.
Anyway- I'm happy with it.

i get 12,6 pips in last trade in XM zero spreads

I lost some pips.

I only have 1 trade today in gbp/usd,.the one from 9,30 gmt,.i get in that one 14,2 pips.....in your demos show 2 trades,.. TEAMAKER,...why ????,..first time i have diferent trades.

Good question. I just noticed that.
I think I'll turn it off for the upcoming USDCAD event at 1145. It isn't shown on the calendar and I haven't had much luck with those kind.

hi traders, good catch. there is new release coming soon. i am doing the final verification in test and live account. New features include additional one trader after news being released to the market to take the reverse opportunity.

good...i already see what you mean,..because the sell trade, open with the close price of buy trade,..lol..niceeee,..keep the good woork, Teamaker,..its a nicee ea,.if you need help to test,.demo or live,.im in,..thank you.

I would like to add some perspective to the results of the EA for a live account. Results will be different for each trader. So I provide below my results after 2 months:
- I Started trading the EA on a demo account from June 5 to June 12.
- Beginning June 13, the EA was on a live account. AT that time, I did not have a VPS in place, so I traded during my day and missed 6 trades taken overnight.
- My results for June (partial month with one week no VPS and the other week VPS) = + 74.5 pips total
- My results for July, full month with VPS = + 70.1 pips total
- my average winners for the total June and July period was 11.5 pips per trade
- my average losers for the total June and July period was 10.6 pips per trade. meaning 1 to 1 ratio. Only way to make money is to have more winners than losers...that was the first finding.

- For the same period, using the same trades of the demo account listed by the thread owner, the number of pips made was about twice as much than mine (Demo account total = 266 pips, mine total = 145pips)
- which drives me to measuring the slippage impact of using a live account vs a demo account. The 27 exact same trades taken by the EA on the demo account of the thread owner had an average winner of 15.7 pips vs 11.5 for mine. Average loser in pip was the same at about 10 pips.
- The Demo account of this thread shows, 2 winners of about 50 pips each. My biggest winner was 25 pips.

The above is to provide supporting data of the EA activity on a live account for a large period of time, other than a week. Some of you might have done the same to assess how profitable or not the EA depending on the broker used.
Process was to copy and paste the EA demo account individual trades into an excel spreadsheet and insert my own trades to compare. It would be interesting to see your results, if you are willing to share. My broker is Forex.com. Not the best, but one of the very few available I can use.

Finally, for August so far, 3 losers, 3 winners.

Note: From the above, from the demo account of this thread, I had excluded the hedge trades going is the opposite direction of the main trade.

I would be hoping that the second trade as a new feature is optional and be used if the trader wishes to. The large majority of these trades so far had negative results.
Thanks !

good analysis. i expect the return will be improved further after next release. i am pushing a new design to get system less depending on broker spread at news release period and more focus on human behavior before and after news release.

Lost to another weak (Yellow) news event EUR Trade Balance. Triggered a trade then fell back to SL. I usually turn off Auto Trade when I see one of them coming. Didn't tonight because I wanted it to trade GBP Retail Sales.

Please consider getting rid of those. The Yellows and the ones that don't even show on the calendar. I've never made money on one of them and have lost money on many of them.
Hate to complain because you've given us so much, but I would appreciate you considering it.

sell aud/usd,..lost 7,7 pips

buy gbp/usd,..winn 11,7 pips

sell gbp/usd,..winn 7,9 pips

I don't see how you won the gbpusd sell. It only moved 12 pips and it took 10 of those to trigger the sell.

Hi
I have been following the thread closely, yellow and weak news either do not trigger entry or end up in a loss, only red news may come up with a profit as a whole.

They do with me.

traders, thanks for all the feedback. i will release a new version to allow trader to decide whether want to trade H/M/L impact news or not. stay tune.