How to halt strategy during high volatility news

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06/13/2016 at 10:45 AM #9322 quote

reihana9
Participant

New

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

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

Master
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
```
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.
06/13/2016 at 10:55 AM #9324 quote

reihana9
Participant

New

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

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

grizzly
Participant

Average

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

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How to halt strategy during high volatility news

General Trading: Market Analysis & Manual Trading

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reihana9 @reihana9 Participant

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This topic contains 3 replies,
has 3 voices, and was last updated by grizzly
9 years, 8 months ago.

Topic Details

Forum:	General Trading: Market Analysis & Manual Trading
Language:	English
Started:	06/13/2016
Status:	Active
Attachments:	No files

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