News Trader App and Analysis

Hi Everybody,

I would like to show you my news trader application built in Java on Dukascopy's API. The trader can manage multiple orders and instruments at the same time, and includes a tester.

Here you can see a short demo trade:


I will show the trader and the strategy in two articles on medium. The first article is available, this is about the algorithm, and soon I will write the second article which I think will be more interesting, because it will be about data analysis of the economic news, how I select which event to trade and how I build the parameter combinations. Some of these things will be useful (I hope) for manual traders as well.

Part 1: https://medium.com/@istvan.veber/for...r-785ad0a1394c
Github: https://github.com/sinusgamma/Forex-...-Dukascopy-API

I would like to know what do you think about the approach.

Thanks.

The second article is ready. I show my data analysis, how I use the tester, and how I select the parameters for the trades.
https://medium.com/@istvan.veber/tra...y-e0f2c84a3bdd

hello
when i use this strategy in real trading
there is a huge gap between my price and the price at which the order opens
for example if i put buy stop at a price of 1.21000 , my order open in 1.21300
it is 300 point more than that i want , is there any way to fix this problem ?
thanks

No, you can't really avoid slippage. But you can try to find news where there is a good chance that after the slippage the price will got further in the same direction for a while. Trading these news can result in profit on average, but needs risk management. Trading in too large could ruin you in one trade.