How to halt strategy during high volatility news

• 06/13/2016 at 10:45 AM #9322
  reihana9

  Hey chaps,

   

  Wondering if there’s a way to halt a trading strategy during high impact news, ensure trades are closed prior to it and that the system resumes after a set period of time after this news?

   

  Thanks

  

  reihana9

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  06/13/2016 at 10:51 AM #9323
  Nicolas

  Hi,

  Another member (Andres) have posted something relevant to avoid NFP each month:

  If Day<8 and DayOfWeek=5 then DiaDatoEmpleoUSA=1 Else DiaDatoEmpleoUSA=0 Endif

  1 2 3 4 5

  If Day<8 and DayOfWeek=5 then DiaDatoEmpleoUSA=1 Else DiaDatoEmpleoUSA=0 Endif

  But you can also setup yourself the date and hours of any other high impact news in variables and then test their conditions to allow trade or not.

   

  

  Nicolas

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  06/13/2016 at 10:55 AM #9324
  reihana9

  Thanks for the incredibly swift response. You’ll have to excuse me, I’m getting to grips, how do you add the code you just produced into the current code? Can it simply be added onto the end of existing?

   

  Thanks

  

  reihana9

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  06/13/2016 at 2:30 PM #9333
  grizzly

  You can add the code anywhere. You then need to add the condition to each If x then y endif order.

  1 user thanked author for this post.

  Nicolas

  

  grizzly

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