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This is a discussion on NewsTrader EA within the Trading tools forums, part of the Trading Forum category; 2015-09-04 13:30 GMT | [USD - Non-Farm Employment Change] past data is 245K forecast data is 215K actual data is ...

      
   
  1. #71
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    2015-09-04 13:30 GMT | [USD - Non-Farm Employment Change]

    if actual > forecast (or previous data) = good for currency (for USD in our case)

    [USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

    ==========

    2015-09-04 13:30 GMT | [USD - Unemployment Rate]

    if actual < forecast (or previous data) = good for currency (for USD in our case)

    [USD - Unemployment Rate] = Percentage of the total work force that is unemployed and actively seeking employment during the previous month.

    ==========

    This is ranging price movement during this high impacted news events. Ranging because of the following:
    • [USD - Non-Farm Employment Change]: 173K < 215K = bad for USD related to EUR for example (the price is moved on the way to EUR)
    • [USD - Unemployment Rate] 5.1% < 5.2% = good for USD related to EUR (downtrend for EUR/USD pair).

    That is why ranging.

    ==========

    NewsTrader EA-1.png



    NewsTrader EA-2.png


    EURUSD M5: 100 pips ranging price movement by USD - Non-Farm Employment Change news event:

    NewsTrader EA-eurusd-m5-metaquotes-software-corp.png

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  2. #72
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    2015-10-02 13:30 GMT | [USD - Non-Farm Employment Change]

    • past data is 173K
    • forecast data is 201K
    • actual data is 142K according to the latest press release


    if actual > forecast (or previous data) = good for currency (for USD in our case)

    [USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

    ==========

    NewsTrader EA-nfp1.png


    NewsTrader EA-nfp2.png


    NewsTrader EA-nfp3.png


    NewsTrader EA-newstrader_nfp_0210.gif
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  3. #73
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    hi i have this expert advisor on my chart now an di goin gto give it ago. it looks really good but what settings are you using plus how are your buy and sell trades closet together and what about your TP. hope we can help each other.

  4. #74
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    Quote Originally Posted by ricksterlee500 View Post
    hi i have this expert advisor on my chart now an di goin gto give it ago. it looks really good but what settings are you using plus how are your buy and sell trades closet together and what about your TP. hope we can help each other.
    EA is trading automatically, buy/sell traders open/close automatically, the settings is here:

    NewsTrader EA based on DailyFX Economic Calendar and forex-factory calendar is on this thread. Templates and pre-set files (the settings) for 5.96 version is on this post.
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  5. #75
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    Trading NFP by NewsTrader EA

    2014-11-06 13:30 GMT | [USD - Non-Farm Employment Change]

    • past data is 142K
    • forecast data is 181K
    • actual data is 271K according to the latest press release

    [USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.
    ==========

    Total nonfarm payroll employment increased by 271,000 in October, and the unemployment rate was essentially unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction.
    ==========
    EURUSD M5: 154 pips price movement by USD - Non-Farm Employment Change news event
    M5 chart

    NewsTrader EA-eurusd-m5-metaquotes-software-corp__1.png



    NewsTrader EA-newstrader_0611.gif
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  6. #76
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    This is about how EA traded this news event:

    NewsTrader EA-news1.png


    NewsTrader EA-news2.png


    NewsTrader EA-news3.png


    NewsTrader EA-news4.png
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  7. #77
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    Hi once again. I have notice with the news expert advisor the buy/sell stops close after 15mins when open. How do i change the setting for that or can it be disabled. I had a trade to day on the EUR/USD M5 chart 2015/11/06 at 15.30 high impact and made £50 with 0.05 lot.

    Hope you can help

  8. #78
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    Quote Originally Posted by ricksterlee500 View Post
    Hi once again. I have notice with the news expert advisor the buy/sell stops close after 15mins when open. How do i change the setting for that or can it be disabled. I had a trade to day on the EUR/USD M5 chart 2015/11/06 at 15.30 high impact and made £50 with 0.05 lot.

    Hope you can help
    As I remember - this is pending orders close only after 15 min (not buy/sell orders) - OrderDuration = 15; //Order Duratiton Time in min
    Anyway - try to play with OrderDuration parameter (but I think - this is duration for pending orders).
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  9. #79
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    OK I will have a look at the setting. I will let you know if it works. I know you have more time to check the expert advisor but i hope we can help each other and post pictures

  10. #80
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    just wondering how do I get my chart looking like the cart on page 1 with all the details down the right side of chart?

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