New version of NewsGrid forex robot for FIX API Trader allows to trade news in 3 modes: fully-automated, semi-automated, manual. You can use different modes for different currencies. We would like to explain how to setup and why do you need to use 3 modes.

 Fully automated

Settings:

pb_GridUseManualStartTime=false

ps_GridManualStartTime= "20:11:00"; - doesn’t meter

pb_GridUseNewsManually= false

pb_GridUseNewsAuto= true

You can trade only news/currencies available on https://www.forexfactory.com/calendar.php news calendar. Forexfactory provides news calendar for major currencies: EUR, USD, GBP, CAN, AUD, NZD, JPY, CFH, CNY. To use fully automated method, you need to open only 1 chart for each currency, which you plan to trade, and add robot to each chart. You do not need to use news calendar indicator. You can adjust what kind of news do you want to trade: high impact, medium impact and low impact. Software will trade news one by one in fully automated mode without your intervention.  

 

Semi automated

Settings:

pb_GridUseManualStartTime=false

ps_GridManualStartTime= "20:11:00"; - doesn’t meter

pb_GridUseNewsManually= true

pb_GridUseNewsAuto= false

 

You can trade only news/currencies available on https://www.forexfactory.com/calendar.php news calendar. To use semi- automated method, you need to open 2 charts for each currency, which you plan to trade, and add robot to each chart and indicator to another chart. You will be able to select on indicator which one news do you want to trade.

Manual

Settings:

pb_GridUseManualStartTime=true

ps_GridManualStartTime= "20:11:00"; - news time (your server time)

pb_GridUseNewsManually= false

pb_GridUseNewsAuto= false

 

You can trade any news/currencies and use any news calendar (for example: https://www.investing.com/webmaster-tools/economic-calendar ).

You need to open only 1 chart for each currency and add robot to each chart;

You need to set time for news release.  We recommend you to select “Default Time Zone” on News calendar the same with time zone on your VPS. In this case you can use time from news calendar for forex robot NewsGrid settings (“Inputs” tab) without any changes.

news calendar

 

NewsGrid 5.1 allows you to  use fully automated mode (or semi-automated) for EUR, USD, GBP, CAN, AUD, NZD, JPY, CFH, CNY and manual mode for exotic currencies in the same time.

Exotic currencies list:

  • AFN Afghanistan Afghani
  • AMD Armenian Dram
  • AWG Aruban Florin
  • AZN Azerbaijan New Manat
  • BHD Bahraini Dinar
  • BWP Botswana Pula
  • BYR Belarusian Ruble
  • CDF Congolese Franc
  • DZD Algerian Dinar
  • EGP Egyptian Pound
  • EEK Estonian Kroon
  • ETB Ethiopian Birr
  • GEL Georgian Lari
  • GYD Guyanese Dollar
  • IDR Indonesian Rupiah
  • IQD Iraqi Dinar
  • IRR Iranian Rial
  • JOD Jordanian Dinar
  • KGS Kyrgyzstanian Som
  • LBP Lebanese Pound
  • LRD Liberian Dollar
  • MAD Moroccan Dirham
  • MNT Mongolian Tugrik
  • MUR Mauritius Rupee
  • MWK Malawi Kwacha
  • MYR Malaysian Ringgit
  • MZN Mozambique new Metical
  • OMR Omani Rial
  • QAR Qatari Rial
  • SLL Sierra Leone Leone
  • TJS Tajikistani Somoni
  • TMT Turkmenistan new Manat
  • TZS Tanzanian Schilling
  • UZS Uzbekistan Som
  • WST Samoan Tala
  • XAF CFA Franc BEAC (1)
  • XOF CFA Franc BCEAO (2)

You can download user guide for NewsGrid Forex Robot here