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Username: kestkam
Member since: 02 May 2014
Last login: 02 May 2014
Status: Active

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Last Algorithm Comments

kestkam's avatar
kestkam · 10 years ago

Anybody tell me please if I can use the News Robot on my MT4 platform? If it's possible how can I do that?

kestkam's avatar
kestkam · 10 years ago

Hi guys,

Let  me ask you, why are you proposing the cbots which are not finished. Just take the News Robot and try it in your demo account and you will see that without resolving the slippage problem it's absolutely unuseful and even harmless. I tried it just a few times and one time I got the slippage of 11 pips another time the slippage was 6 pips. Any trader knows that in the news trading a trade opened with more than 2 pips slippage usually (with probability of 90%) went against you.

Guys, please work out the News Robot adding the slippage parameter in or take it out from here. The News Robot as it stands is just seducing traders. Sorry for saying that but it's true.

kestkam's avatar
kestkam · 10 years ago

Hi,

If anyone knows programming language #C please let me know how to add a new parameter "Slippage" into the code. Unfortunately, I am not familiar with codes. As I wrote above the ''Slippage" parameter was extremely important in the news trading. Please guys help me. Thanks in advance.

kestkam's avatar
kestkam · 10 years ago

Dear algotrader,

Could you please change the Code adding a new Parameter there? When economical events come a market volatility is quite high thus the Slippage is a very important parameter in the News trading. So, in my opinion the Max. Slippage should be set. I suppose if the Slippage exceeds 3 or 4 pips the order shouldn't be filled. At least it would be fine to have such a possibility.

I used this bot with NZD/USD pair and got the slippage of 11 pips.

kestkam's avatar
kestkam · 10 years ago

Hi,

I suppose some traders used this News Robot in their real account for quite long time. Please provide any comments on the reliability of this bot. Thanks.

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kestkam · 10 years ago

I have downloaded this. Unfortunately, I can't see it on the screen. Any help, please.