What does the newsfeed do, exactly? I don't note anything different in this script from the last version (other than the title and the change in variables in the setup.)
Am I doing something wrong?
Am I doing something wrong?
This sucks....! Four News Items..all at the same time... and not even a move!
I set up the USD/JPY to trade 8 mini lots and left to go to the store.
Came back and the chart looks like it took a nap.
Oh Well...wanted to see this script "Do It's Thing".
Have to wait until the Friday morning News now.
FINALLY was able to get a trade to work. Made some $$$$$.
EUR/$ Core CPE plus Personal Spending Report.
I set the MaxSpread to 20 so I would not get aborted for not having a wide enough spread. TP 30, SL 20, Trail Stop 10.
Great script, now I need to work with it a little to fine tune the settings for each different news release.
I just set it for 8,8,8. I will need to experiment with this. I think the Default of all 5's will get you whipsawed and going the wrong way.
Here is what I use for my guidelines.
: Btw, where I can locate the mentioned guidelines in your previous quote...thankX
Hi BK,
even though I am 100% sure you are pretty much capable of thinking this through on your own, I would like to add my 2 cents (20 pips
):
IMHO, it is worth to incorporate the deviation-based-on-decision only if you have fast-enough news service.
I have no experience with TTN.
But in case I should choose between "let the script do everything for me (even though it might get slower)" and "get just info about news as soon as possible but don't bugg my script speed with it", I would choose the later.
I think if the script doesn't have the information when it is available on BB, it is not much worth later on, because price action is already done at that time.
Where I would find use of knowing the deviation is to decide whether to manually enter trade on retracement or not.
But again, this has nothing to do with straddle script, does it.
If it is possible, can you make a release of your script without news module (but with the "licence" as you stated it on the latest version")?
Or we can just use latest version with appropriate attribute set to False.
even though I am 100% sure you are pretty much capable of thinking this through on your own, I would like to add my 2 cents (20 pips
):IMHO, it is worth to incorporate the deviation-based-on-decision only if you have fast-enough news service.
I have no experience with TTN.
But in case I should choose between "let the script do everything for me (even though it might get slower)" and "get just info about news as soon as possible but don't bugg my script speed with it", I would choose the later.
I think if the script doesn't have the information when it is available on BB, it is not much worth later on, because price action is already done at that time.
Where I would find use of knowing the deviation is to decide whether to manually enter trade on retracement or not.
But again, this has nothing to do with straddle script, does it.
If it is possible, can you make a release of your script without news module (but with the "licence" as you stated it on the latest version")?
Or we can just use latest version with appropriate attribute set to False.
My final intension for the NewsFeed is to provide the trader with "Deviation" indicator such that:
1) Trader has the information to decide and "delete" the orders immediately after the news, or let the Script do so, OR
2) should the deviation be a big surprise, have the Script to move the TP further away for bigger profit.
It seems that the initial NewsFeed integration "SUCK" because it slows down the script considerably to many users.
I am thinking of separating the NewsFeed logic into another script/EA/Indicator. This 2nd script could be made to run separately and independently from the BurgerStraddleScript.
1. I can make the NewsFeed to fetch news alone. or
2. Make it remove pending orders, change TP, or
3. simply fetch news, but pass the data back to BurgerStraddleScript and let the latter decide what to do with the deviation.
My thought is for the NewsFeed program to be of "less maintenance". As less maintenance, it should do only the simplest logic, fetching the news, nothing more. This way, you can have it running (as EA or Indicator) and leave it forever. Reviewing the FFCal done by Derkweis, I came up with my version as shown attached but more "bandwith" friendly than FFCal.
For the actual result, I cant rent a BB feed nor will I be allowed by BB to "republish" their Data. I do have TTN; perhaps I can decypher the TTN protocol and fetch the news from them, put the data onto a 3rd party website just to host these data (FF is currently bogged down during news), and the NewsFeed Indicator to fetch it from there..
- #213
- Apr 1, 2007 7:45am Apr 1, 2007 7:45am
- Joined Nov 2005 | Status: EURUSD Quant FREAK | 3,197 Posts
I just tried out the Burger script this morning for the 10am EST trade. attached is my journal. There are some questions I need answered, as I am confused:
1) Is there script setup to keep modifying the pending orders between SecModifyOrder and News Time? I see lots of pending orders being modified in my journal (attached).
2) What happened in lines 28 & 30 of the attached file. Why was the order modification invalid?
3) Which line would indicate one of the pending orders was actually executed?
4) Finally, I had my StopLoss1 = 10, TrailingStop1 = 5, MinDistance OrdDistance MaxDistance = 5. I was filled at 1.9794 going long. My intial stop loss should have been set at 1.9784, correct (which it was according to line 20)? Why was my SL changed from 1.9784 to 1.9788 in line 7 of the attached file?
The results of this trade were bought at 1.9794 and was stopped out at 1.9788 for a net profit of -6 (loss)
1) Is there script setup to keep modifying the pending orders between SecModifyOrder and News Time? I see lots of pending orders being modified in my journal (attached).
2) What happened in lines 28 & 30 of the attached file. Why was the order modification invalid?
3) Which line would indicate one of the pending orders was actually executed?
4) Finally, I had my StopLoss1 = 10, TrailingStop1 = 5, MinDistance OrdDistance MaxDistance = 5. I was filled at 1.9794 going long. My intial stop loss should have been set at 1.9784, correct (which it was according to line 20)? Why was my SL changed from 1.9784 to 1.9788 in line 7 of the attached file?
The results of this trade were bought at 1.9794 and was stopped out at 1.9788 for a net profit of -6 (loss)
