We need to have an in-built News Filter...It is high time we have this MT4 and MT5

[tec.nacks]

It is time we have a News Filter Block.

Hello Community, this is one of the best Community I've ever been sincerely speaking. and a big kudos to @fxDreema for this amazing website.

However it is time we have our in-built News Filter. Fundamentals is a very crucial part of trading and using EAs means you want to be free from the hassle of ON and OFF.

Add a robust News Filter Block us on both MT5 and MT4.

Suggeting you use ForexFactory data as MQL News Filter isn't up to date most of the time.

And we will like to be doing the following witht the News Filter (its features)

• Holiday, Low, Medium, High Impact News.
• Let's have NFP Filter separately as we had in this thread here: https://fxdreema.com/forum/topic/5866/finally-integration-of-news-filter-mt4-only?_=1680362550529

but unfortunately the it stopped working guess its from investing.com.

You can pick that and rework it to suit our need.

• The Block should have to button connector for If true and If false

Any other feature we (or you) see fit can be added.

Thank you, looking forward to having it on @fxDreema

[The Trading Robots Factory]

I absolutely agree. It will free us from having to keep an eye on what time the news is and then having to stop then later start the EAs depending on nature of the news. It's especially a problem if you are running EAs of different charts. Please @fxDreema do consider this addition, it will be a real asset.

[GeoFX]

Agree. Default News filter block would be a great addition to make the FXDreema platform even more user-friendly

[GeoFX]

• Dear @fxDreema - to add more to the reasoning, why a robust built-in News filter in FXDreema platform would be much much appreciated:

• You're probably familiar with these prop-firms that are becoming a mainstream for retail traders to get the trade capital asap, nowadays

• One of the key rules most of the prop-firms typically want the traders to strictly follow, is to avoid trading major news events

• So in case any aspiring trader participate in prop-firm challenges with his algo w built-in News filter, it would reduce chances of getting disqualified thus adding to the probability of passing the prop-firm challenge successfully

Thank you in advance for approving this FXDreema pltf update

[l'andorrà]

I support this initiative. I'm not a programmer, so I cannot help but I hope my vote is useful here!

[Shah Yahya]

I second the initiatives too.

Would be nice if we can configure

1. What news impact to trade (or not trade) i.e. high, med, low impact
2. News related to the currencies or commodities(if any)
3. EA shut down/suspend period ( x-minutes before and x-minutes after the news )
4. Option to either
   a) close active trade
   b) trade as usual
   c) suspend trade activities

[jstap]

This would be good

[Shah Yahya]

Found some tutorial re calendar/news on mql5.com.
Article dated back to 12 January 2022

mql5.com/en/articles/9874 - MQL5 Cookbook – Economic Calendar

[ambrogio]

@Shah-Yahya said in We need to have an in-built News Filter...It is high time we have this MT4 and MT5:

Found some tutorial re calendar/news on mql5.com.
Article dated back to 12 January 2022

mql5.com/en/articles/9874 - MQL5 Cookbook – Economic Calendar

[tec.nacks]

@Shah-Yahya lovely addons

[tec.nacks]

@Shah-Yahya

[gooseman]

I don't give a damn about news lol but I know a lot of you do, so I'll back you guys up with my vote

[Shah Yahya]

@gooseman said in We need to have an in-built News Filter...It is high time we have this MT4 and MT5:

I don't give a damn about news lol but I know a lot of you do, so I'll back you guys up with my vote

Thanks for the support!

I believe that this request is due to several prop firms prohibit traders to open new order during certain period of time before and after high impact news. Better be safe than violating funded accounts (which take months to get one).

[tec.nacks]

@gooseman thanks that helps

[tec.nacks]

@fxDreema we need your response here pls.

[Shah Yahya]

www.mql5.com/en/articles/11977 MQL5 Cookbook — Macroeconomic events database

[ossy]

I give my vote too

[roar]

News filters dont make much sense to me, for a couple reasons:

• Some times the biggest news will come out of the blue, not in any calendar
• Very often the "high impact" news dont cause much impact at all, except NFP and FOMC
• You cannot backtest with news filter, so developing a good EA becomes impossible
• Using a simple volatility filter gives some of the benefits of a news filter, and you can backtest it

[jstap]

To use EA's on funded accounts you have set limits, for example you can not place a trade or close a trade, some minutes before until some minutes after, this is all done using set news events.

[GeoFX]

• Dear @roar you absolutely right about implied vs actual impact on the volatility during news events.
• News filter during backtest is also kinda irrelevant due to the simulative nature of the backtest environment itself
• Although I believe, News filter would still be relevant to FXDreema users taking challenges for a prop firm funding nowadays
• Simply because avoid trading so called official big impact calendar news is kinda what prop firm strictly demand to be followed by the funding applicants no matter the actual volatility impact
• With all the respect, kindly please allow to disagree with you on the news filter usefulness for the FXDreema platform users cc @l-andorrà @fxDreema