Topic: News Filter?
Hi,
is that possible on fsb to add an news filter on the EA's. For example EA doesnt open orders when high impact news is coming. I have seen it in some EAs also saw it is called FFCAL. It is using the forexfactory calendar.
- Popov
- Lead Developer
- Offline
Re: News Filter?
We do that by using the Spread Level Pro custom indicator.
You can set a threshold spread in the indicator. If there are news or other events, which lead to increasing the spread, this indicator will prevent entry.
The indicator is designed to work as a protection on trading. It doesn't affect the backtest because FSB Pro (and MT) use fixed spreads during the test.