Finally, News Filter for MT5 in 1 easy to use Block !!

[QuantEngineer]

Hello Fellow FXDreema users!! Because I Love FX Dreema, I have decided to build a News Filter that can be entirely coded into 1 block that can be compiled directly in the FX Dreema Cloud System !
Enjoy !

The goal of this tutorial is to build 1 custom block that I call "isEventNear" and it will look like this, at the end:

Notice that this block has the 2 dots underneath, for true or false... meaning that if there is an important event near, then the next block to be processed will come from the orange dot, and if there isn't any event near, then the next block to be processed, will be coming from the yellow dot... it is the same concept as any other conditional block.
By near, it means near in time... less than x minutes in the future, or less than y minutes in the past.
Minimum importance stands for the importance of the events to trigger this block... refer to the original MQL5 manual, where it explains the importance of the events, on this link, where the possible importance vary from 0 to 3, being None, Low, Moderate, High. https://www.mql5.com/en/docs/constants/structures/mqlcalendar#enum_calendar_event_importance

Here is how I have built this block

Notice that I am using code in 3 key areas:

1. The "main code area", where I have typed the main codes for the custom block.
2. The "Global variables, includes" area
3. The "parameters" area, where this block will receive parameters from the developers.

That's it. pretty simple. the developer of @fxdreema has done a really GREAT JOB, by making the studio available for us !
In case you still don't know how to use the studio, check out my previous tutorial on the basics of how to use FX Dreema Studio.
I wish you all a very successful and happy 2022!

[l'andorrà]

@quantengineer Impressive work. Thank you very much for sharing.

[Uriel 0]

@quantengineer G R E A T

[TipsyWisdom]

@fxdreema care to add this to the standard list of "Various Signals" block Sir. Please?

[forexalgo]

Hello sir

[TipsyWisdom]

@forexalgo said in Finally, News Filter for MT5 in 1 easy to use Block !!:

Hello sir @QuantEngineer I would like to request you to Customize this useful Block as the following Parameters, It's very helpful for every fxDreema users.

Economic Calendar always have Volatility, most EA likely to skip trading during the release time of the Economic Data.

Low Importance Event == True (Skip Trading During Low Data Release)
Low Indentation Before == 15 (Skip Trading 15 Minutes Before Low Data Release)
Low Indentation After == 15 (Skip Trading 15 Minutes After Low Data Release)

Medium Importance Event == True (Skip Trading During Medium Data Release)
Medium Indentation Before == 30 (Skip Trading 30 Minutes Before Medium Data Release)
Medium Indentation After == 30 (Skip Trading 30 Minutes After Medium Data Release)

High Importance Event == True (Skip Trading During High Data Release)
High Indentation Before == 60 (Skip Trading 60 Minutes Before High Data Release)
High Indentation After == 60 (Skip Trading 60 Minutes After High Data Release)

Best Regards,
fxDreema Users

you would never trade....well, not never....but news events are when you should be looking...not looking away. and Im not saying to try to trade what the news is saying. Just saying theres an event. Eyes up...whats happening.

[QuantEngineer]

@forexalgo , currently, I am not accepting work requests via the forum. I appreciate you considering me to do this work for you.

[gu95ckt8]

@quantengineer
Do you provide the code?

[gu95ckt8]

@tipsywisdom você fornece o código?

[QuantEngineer]

Sure can.

[trdjb3]

Hi.

Could you share this block?

Thank you!

[QuantEngineer]

That will be awesome!
Does someone know how can a complete block be shared with other users?

[l'andorrà]

@quantengineer Interesting question. Never built a custom block. Is there any option in fxDreema to download it?

[QuantEngineer]

I haven't seen this option, and when I download the entire source code of the EA that uses custom blocks by pushing the "MQ5" button, it doesn't import correctly on other FX Dreema accounts... it only imports on the FX Dreema account that has the custom blocks.
Inputs on this are appreciated.

[trdjb3]

@quantengineer

If you provide here a txt file with the code everyone interested can build the same block em fxdreema studio easily, right?

[QuantEngineer]

TXT Files won't hold all the necessary features of the custom blocks, for example parameters, types, etc...

[stevenpham1996]

Hi @QuantEngineer

I used the block this way for my EA

and in both Tester and Live the EA kept showing this:

Could you tell me where I did wrong?

Much appreciate it!

[QuantEngineer]

@stevenpham1996 That sounds right... Line 13 Prints received 0 events, etc etc when there are no events near, for the items in the events filter, on that date time when the block is running. if there would be any events in the array, it would say how many events were received.

[TXZZ]

@QuantEngineer
Hi, can you create a new project with just one isEventNear block like in the picture and then save it as MQ5 and upload it here? I think that way we can use this block by importing it into MQ5, thanks for your great work.!

[QuantEngineer]

FX Dreema still doesn't allow Custom blocks to be shared ... when the program is imported, it doesn't have the custom block... I already tried this...