Hello,
I'm building a scalping EA, and one problem with letting the system run during market hours without interruption is the widened spread during news will kill me. What is one solution to this problem? Can you code the EA to not trade once spread is above X?
One problem with my system though is that it relies on SAR. So if I am in the middle of a trade, get SL'd, and then the news hits and moves price 20-40 pips away once trading settles down, then my system will be at a disadvantage.
Any idea what I could do?
I'm building a scalping EA, and one problem with letting the system run during market hours without interruption is the widened spread during news will kill me. What is one solution to this problem? Can you code the EA to not trade once spread is above X?
One problem with my system though is that it relies on SAR. So if I am in the middle of a trade, get SL'd, and then the news hits and moves price 20-40 pips away once trading settles down, then my system will be at a disadvantage.
Any idea what I could do?