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    Detecting important news events

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    • D
      droctagon last edited by

      Hi,

      Do you know if it possible to detect news events if you use a broker that allows 'enable news' in Metatrader?

      Is there a future block that might be used to detect these?

      Many thanks.

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      • fxDreema
        fxDreema last edited by

        I have no idea how these news are used, to be honest 😕

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        • D
          droctagon last edited by

          Ah no problem, worth a try. Thanks for getting back to me.

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          • fxDreema
            fxDreema last edited by

            But if you know something about this and you think that these news can be used for something, tell me. Because I normally don't see such news in my MetaTrader. I remember seeing them in the past, but I was confused by them. Whatever it is, it must have some kind of information that can be used by the EA. If it's only random text (for the EA), how can the EA understand it 🙂

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            • D
              droctagon last edited by

              Well I am no expert, but I have been experimenting with an EA trading based on news events. I will ask around some brokers and if I come up with anything I'll let you know 🙂 Thanks again.

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              • D
                droctagon last edited by

                Just a quick another question: does the weekday filter work on server time (therefore 'server' day)? - I am using a time filter block using 'local time', but I also have a weekday filter that seems to align to the current day in 'server time' not 'local time' - sometime my EA does not work for times and days I have specified near the midnight...

                Its not problem if so, I'll just modify everything to work on server time... Thanks.

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                • fxDreema
                  fxDreema last edited by

                  In this block the only function that is used is DayOfWeek(). This is it's documentation - https://docs.mql4.com/dateandtime/dayofweek It says "server time"
                  I guess I can put some Server/GMT/Local Time selector in this block 🙂

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                  • D
                    droctagon last edited by

                    Cool well it's fine by me, I just switched to doing everything server time. 🙂

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                    • D
                      droctagon last edited by

                      Actually I've got another issue, I am running my EA on more than one chart sometimes with the same currency pair.

                      My issue is that I have a 'No Position' block as a condition for placing a trade, but if there is an open position that has been initiated by another instance of the EA on a different chart then it ignores the fact there is an open position and adds another lot to the existing trade (when I only want the original trade)

                      I'll send you a link to the EA if it's easier for you. Thanks Radoslav.

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                      • fxDreema
                        fxDreema last edited by

                        For MT5 I don't know how people can work with 2 EAs on the same symbol, you can only open 1 single position per symbol at a time 🙂

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                        • D
                          droctagon last edited by

                          That's cool I fixed it. By the way, I think in one of the latest releases of MT5, when you open a new trading account there is a check box that say 'enable hedging mode' (if the broker supports it) I read an article somewhere saying that now you can hedge in MT5 🙂

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                          • fxDreema
                            fxDreema last edited by

                            Yes, I am already aware of that. This is currently for testing and only available when you open account in their "broker". But it doesn't work in fxDreema at the moment

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                            • D
                              droctagon last edited by

                              Ah ha, I see 🙂 I am showing my naivety! Thanks again.

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