__About the Indicator:
For any given pair, the indicator shows:
[1] High (in red), [2] Medium (in blue) and [3] Low (in green) impact news.
[4] The time before such news is released.
[5] The time after such news is released.
So what should you do with the indicator?
Well if you can, give the indicator buffers for the above [5 in total], such that I can use it in the "condition" block example:
Condition: ( High impact news [1] == 14 minutes [4] ) ---------->> Close Trades
In other words I want to close all trades before a news event occurs.
or Condition: ( High impact news [1] == 14 minutes [5] ) ---------->> Open Trades
meaning, I want to open trades after a news event occurs.
P.S: You could add a News block to fxdreema, where such options and maybe more are available using this indicators data. I don't know how difficult or easy that is though :)[/quote:26y3io92]
Hi Uchiha, do you solved it?
I need the SAME indi, with buffers to obtain from its the boolean signals "yes/no" 30 min before and 30 min after of high / medium / low impact news. (30 min or whatever else on custom settings adjusted to my needs).
Radoslav: I'm pretty sure it will be very useful that you can integrate as filter on fxdreema this type of signal, just for filter purposes, not anymore. The main idea is provide to fxdreema EAs generated the possibility of an additional layer to protect the trades avoiding the impact of major news and abrupt changes on market prices. In backtesting I saw changes up to 3000 pips in 5 minutes, causing huge drawdowns and margin calls, and almost all of this situations is due the impact news from announcements of Central Banks, Fed, etc, all they are predictable because they are scheduled. With this signal we can avoid open trades in this time lapses or even close trades anticipating this highs and dangerous volatility situations, protecting the account.
finally, a word of thanks for the great work you do with fxdreema. Terrific job.