News Trading EA - Needs testers

Here is a new news trading EA, Its an improvement on an ea from another system that I saw posted on one of the fourms.

How to Use:

Save EA into your Experts folder
Save text file (cannot uploadcsv files here ) as News.csv into your experts>files folder

Attach EA to 1 min charts and set the Currency pairs of that chart to false.

(Example if you attach it to the EURUSD chart you need to set the EUR and USD to false so that it will not trade the EURUSD news events. )



Why it should work:
News announcements from other countries tend to cause spikes in all currency pairs. but these spikes are usually temporary, and retrace. This should take advantage this phenom....

Please test and post your results here....

the news file contains only the news events for the current week... 21 - 25th will post an update file every week if board members are participationg.

interesting idea... i cannot test it right now, but i think that's a good idea

2007.05.20 11:01,GBP,Rightmove House Price Index m/m,Low
2007.05.21 08:30,GBP,Public Sector Net Borrowing,Medium
2007.05.21 18:05,CAD,BOC Governor Dodge Speaks,Medium

got 45 pips so far off of these three events...

Update - so you can adjust the lot size

Is any one still using this? Is there a better alternative?
Thank you

Hey.. what happened with this EA? I did my own News lis..but not working..