Topic: News Filter?


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.

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.