Integrate a News-Filter with ffcal_net

Hi,

I’m trying to integrate a News-Filter to avoid the big News and Speaks. The EA shouldn’t open orders in that time (you can configure in the indi attached how many minutes before and after). How can I integrate it in the EA? The Strategy Parameters of Speaks, High and Low Impact News should be boolean. And the Minutes should be editable. Has anyone an idea how to make this with EA Wizard?

I found inside the ffcal-indi this sample for integration in an EA:

// EA Setting variables
// extern int MinsBeforeNews = 60; // mins before an event to stay out of trading
// extern int MinsafterNews = 60; // mins after an event to stay out of trading
//
// // Global variable at top of file
// bool NewsTime;
//
// // Function to check if it is news time
// void NewsHandling()
// {
// static int PrevMinute = -1;
//
// if (Minute() != PrevMinute)
// {
// PrevMinute = Minute();
//
// int minutesSincePrevEvent =
// iCustom(NULL, 0, “FFCal”, true, true, false, true, true, 1, 0);
//
// int minutesUntilNextEve nt =
// iCustom(NULL, 0, “FFCal”, true, true, false, true, true, 1, 1);
//
// NewsTime = false;
// if ((minutesUntilNextEvent <= MinsBeforeNews) ||
// (minutesSincePrevEvent <= MinsAfterNews))
// {
// NewsTime = true;
// }
// }
// }//newshandling
//

Don’t know if this is all I need and of course I can put it manually in the EA code. But I wanted to solve it with EA Wizard.

Hello,

ok, i will try to make an example on this

Thank you tomas for your excellent help! 🙂

I think a lot of people find that useful 🙂

Pushing it a little bit. 😉

Can anyone help?

Hello,

you rather use this version of Forex Factory news indicator (attached)

Then you need to import the indicator as “custom indicator” into EA Wizard

The indicator uses 2 buffers

Buffer (0) contains minutes until the most recent event.
Buffer (1) contains impact value for the most recent event (Low = 1, Medium = 2, High = 3)

More info can be found here: https://www.mql5.com/en/code/15931

Buffers can be used as shown on the screenshot attached

Thanks for your help Tomas! 🙂

I’ll try it with your solution!

I integrate now the Newsfilter in the EA. And it should avoid trading 30 mins before and after HIGH newsimpact only. Medium and Low is okay. Is it okay how I integrated it? What do you think?

Thanks! 🙂

How do I use this indicator to not trade when there is either a US or UK holiday?

Do you tie the symbol (USD or GBP) to the holiday (Impact = Non-Economic).

Hi Steve,

I don’t know what you exact mean?! If you run the EA with newsfilter on GBPUSD the newsfilter looks for GBP and USD high impacts news.

Thanks for your response Conmariin.

My requirement is to switch off my EA on US and UK holidays only so what you telling me if I use this newsfilter on pairs like EUR/USD, USD/JPY or USD/CAD for example it will switch off all these pairs on US holidays as it will compare the “USD…” to forexfactorys calender “currency” column?    –     USD = USD

Likewise for pair GBP/USD – this will switch off on UK and US holidays. Am I correct?

Sounds promising.

What is the “ImpactBuffer” output value for holidays?

Hi Steve,

I looked in the code of the indicator. The impact values for speaks and holidays weren’t there. I added them (speaks has impactvalue 4 and holidays has impactvalue 5 now) . The compiler says that everything is allright but I didn’t test it in real action on a demo of course. 😉

I’m awaiting your test-response 🙂

Hi Conmariin,

When I try import your new custome indicator into EA wizard it throws this error (see attached picture)?

Thanks

I imported the original ffc and after exporting EA to mt4 I changed the original ffc with the new ffc in the mt4 indicator folder.

Actually it throws an error constantly: 2018.03.26 21:35:29.442 FFC EURUSD,M15: cannot set timer (3600)

Don’t know what that means. I try something different. If I suceed I will tell you! 🙂

Thanks Conmariin.

I’m sure you got to import it into EA wizard the way it threw that error with me.