Follwing the steps of this neat tool for MultiCharts (thanks wholeheartidly to the authors) , but geared towards NinjaTrader

The Economic Events Collection for MultiCharts Start a separate thread for NinjaTrader. I know users have created such a thing, MWinfrey I believe for one. Also a simple test for if (Time[0] == Time[1]) will help to not trade during news events because for non-time based bars (ie: range bars) they …

Obvisouly, filtering out tricky volatility, thinner liquidity times can cut quite a lot of random risk which is not always properly controlled with every system around. I've seen it improve results quite a bit on some forex robots, at least.

There exists tools announcing upcoming news releases with written, visual and sound alerts ...but is there a similar helper that permits to isolate those news events processing historical data (during backtests, optimisations, etc) prior to the events (not using some "real-time" workarounds that leads to rework logics backwards) on some long enough span time ?

Hi,

Thanks for your nice comments on the suite designed by @Jura proposed in the link you mentioned.

I would like to highlight that the "Java part" (my small part of the work) is not specific to MultiCharts.
It is independent of any trading platform and just downloads economic events proposed by Forex Factory Calendar back to 2007 and stores them in your computer in easy-to-read text files:


So, if you want to minimize your work in Ninja Trader, you could use this existing Java tool.
In your NT strategy, you would then read the .txt file in order to avoid trading when it is the time of news with possible high impact.

Nicolas

Hi everybody.

Iam a rather new to this site.

I would like to ask you guys some questions if its ok.

What i was wondering was beside mechanical trading what is good sources to determain trading like for example.

Forcasts, trend direction, news, and indicators for this that allows it to be as simple as possible..

In What timeframes do you allow news affect your trading and focus on it .

Best wishes ..