EAversion: The current version of the CNT EA.  Do not change this field.

ReleaseDate: The releease date of this EA.

UseMoneyManagement: (Default: true) Use the MM by selecting AccountRisk (see below) and the MaxInitialSize (see below).  If set to FALSE, it will not use MM (Money Management) and you have to set the FixedLotSize Parameter (see below)

IsThisAMiniAccount: (Default: false) Change to true if your account is a mini account.  This is used to calculate the proper lot size.

AccountRiskPercent: (Default: 0.2) Percent of risk per pips.  The formula is Account Balance / 10000 * AccountRiskPercent… You can check the lotsize in the Account Risk area once the EA has been initialized.

FixedLotSize: (Default: 0.1) Only works when UseMoneyManagement is set to “false”.  This allows you to set the Lotsize for your trades.  However, make sure you set this figure less than MaxInitialLotSize, or it will still trade at the Max setting.

MaxInitialLotSize: (Default: 3.2) The Maximum lot size for the EA, this setting overwrites risk percent.

AllowNewTrades: (Default: true) By changing this setting to false, the EA will not take any additional trades.

Username: Your CNT username.  (Signup at http://www.currencynewstrading.com/register)

Password: Your CNT password.

Suffix: (Default: N/A) Some brokers use Suffix, if your broker use suffix, then enter them here.

UseStraddle: (Default: true) Enable straddling.  If you change to false, it will stop the EA from taking trades.

SecToStraddle: (Default: 20) Seconds before the news release to enter straddle trades.

SecToCancel: (Default: 10) Seconds after the news to cancel straddle trades.

StraddleSL: (Default: 15) Initial Stoploss for the straddle trade.

StraddleTP: (Default 35) Initial Takeprofit for the straddle trade.

StraddleGap: (Default: 15) Pips between the current trading level to place the straddle trades.  Note the smaller this number is, the easier for brokers to widen the spread and pick up both straddle orders.  Change only if you know what you are doing.

StraddleTrail: (Default: 10) Trail stops for straddle trades.

EnableSound: (Default: true) Change to false to disable EA sounds

HighImpactOnly: (Default: false) Trade only high impact news releases… Recommendation is to trade ALL tradable releases.

ServerTimeOffset: (Default: 0) The difference between your MT4 broker server time the Meter.  Not your PC Time…

Here’s the quick reference for your ServerTimeOffset Settings based on your Broker (MT4) Server Time:

  • -9 GMT = 11
  • -8 GMT = 10
  • -7 GMT = 9
  • -6 GMT = 8
  • -5 GMT = 7
  • -4 GMT = 6
  • -3 GMT = 5
  • -2 GMT = 4
  • -1 GMT = 3
  • 0 GMT = 2
  • 1 GM = 1
  • 2 GMT = 0
  • 3 GMT = -1
  • 4 GMT = -2
  • 5 GMT = -3
  • 6 GMT = -4
  • 7 GMT = -5
  • 8 GMT = -6
  • 9 GMT = -7
  • 10 GMT = -8
  • 11 GMT = -9

If your broker uses 0 GMT, the you would put 2 in the ServerTimeOffset field.

ExcludePairs: Enter excluded pairs here in a comma separated format with no space and no ending comma, such as EURUSD,USDJPY,USDCAD  This will tell the EA to skip these pairs from straddling.

 

Comments

  1. Hi Kelvin,

    I’m a new member and new to forex.. I installed your EA properly but when I try to open it with one chart and error message pops-up saying:

    Dear User. Our licensing server seems to be not available or you have no internet. Please recover internet or try later again. “CNT_EA” will not work. Please restart Metatrader to try again.

    I did restart several times still showing error and I have fast internet connection too.

    Hope you can help. thanks a lot.

  2. Hi everyone,
    I found one problem in your EA installation. When I installed CNT_EA in my Mt4 platform, it give a message as “Dear User, our licensing server seems to be not available or you have no internet. Pls recoer internet or try later again…….’ and close the pair window. I have already used the correct username and passwort.

    Although I have internet, it gives such message. Please help me to solve that problem.

    Thanks,
    teddy

  3. Hi everyone,
    I found one problem in your EA installation. When I installed CNT_EA in my Mt4 platform, it give a message as “Dear User, our licensing server seems to be not available or you have no internet. Pls recoer internet or try later again…….’ and close the pair window. I have already used the correct username and passwort.

    Although I have internet, it gives such message. Please help me to solve that problem

    Thanks,
    Farhan

  4. riduan134203 says:

    Hai Kelvin

    Can i use this EA setting for 5 decimal broker.

  5. srinivas says:

    hi sir

    i am tried to instal cnt e.a..but unble to instal…after i accept the agreement i got select metatrader instead of add metatrader folder…..getter error like this….you have selected the directory . this seems to be an individual metatrader directory, please choose another to be able to install…please reply

    thanks
    srinivas

  6. Hello, I installed CNT EA and .dll files as instructed, but when I enter my username and password gives me this warning:
    Product: CNT_EA licensing server is not available – rev. 7-8460
    dear user. Seems our licensing server to be not available or you have no internet. please recover internet or try again later. “Cnt_ea” will not work. please restart metatreder to try again. Autotrading is activated
    I have no problems with the internet since it works me everything, what could it be?

    thanks for your help

  7. Fahd Bhatti says:

    Hi, I’ve just installed the EA but when i try to attach it to a chart it gives an error saying “our licensing server is not available please try again later”. What should i do?

  8. Shafi Chowdhury says:

    hi,
    when it is 12:23 gmt, my mt4 time is 14:23.

    What should I put in “ServerTimeOffset” paramiter box? is it 0 ?

    Another thing: my mt4 terminal use 5 digit after poine ex: 1.05565. when I target to take profit 20 pip; I have to put 200 as PT.
    not here deafult StradleTP is 35, may I should change it to 350?

    Please answer as soon as possible.

    Thanks

  9. Shafi Chowdhury says:

    hi why not publishing any tutorial about this EA? I already searched on YouTube.

    Also thanks for a nice tool.

  10. Shafi Chowdhury says:

    hi Why not publishing any video tutorial???

    Also thanks for a nice tool.

  11. How can I run a backtest on this EA? I keep getting dll and low price mismatch errors. Please help!

  12. Hello Kelvin can the EA automatically update the broker server time?(auto set at the ServerTimeOffset)

  13. arie bandi says:

    i successfully installed this ea. but there are no open positions when news is release, here the journal :

    2015.06.22 11:10:00.343 ‘7472914’: order #472921263 buy 0.01 EURUSD at 1.1320 closed due take-profit at price 1.1386

    2015.06.22 11:23:02.000 ‘7472914’: order #472923368 buy 0.01 GBPUSD at 1.5877 closed due take-profit at price 1.5896

  14. Fabio Geraci says:

    Hello Kelvin,

    I am testing CNT, and so far i had one hit on USD/CAD, but it stopped after 4 pips.

    2015.04.15 15:31:00 sell 0.40 usdcad 1.24271 1.24264 1.23921 2015.04.15 15:35:47 1.24264 -1.20 0.00 0.00 1.52

    plus i cannot figure how the lot size is determined.

    thanks in advanced.

  15. Hi,

    Everything is good except my smiley did not smile. Anything that I missed?

  16. Hello Henry,
    My CNT EA has not been functioning ever since i installed it 2 weeks ago and i don’t know why. Although i’m suspecting my server time offset. My broker time is +8GMT and my local time is +1GMT.
    I set the server time offset as -6 according to the setting instructions but it is still the same… not entering any trades nor will i see the upcoming news indicated on my chart. Although the smiley appears on the right top corner of my chart. How do i rectify this problem please?

  17. Aderoju Olabode John says:

    I was able to installed the cnt ea automatically to one of my platform but reget the others in which i installed by advance installation. All the setting were followd. smiley face was show on both after lauching the mt4 but the parameters- cnt mete, red and yelow lines to indicate period of the news for the week etc, were not display at all neither did it pick any trade. what can be wrong.I use liteforex as my broker. Is any specific time frame to use to set up. I used majorly the default setting apart from user name and password. Thanks.

  18. Hi Henry

    I tried installing your CNT EA and I am getting a error stating CNT_EA USDCAD,H1: uninit reason 4
    Kindly help on the same

  19. how to move 1 hour this news

    http://screencast.com/t/6rrdplbH

    ?

  20. Hi
    I want to trade only pairs with USD, EUR, GBP, AUD, NZD, CHF, JPY, CAD

    how do I set up?

    • Hi Gennady, remove the unwanted pairs from your MT4 market watch window. The currency pairs that you cannot remove from the market watch, then you would have to manually insert each pair that you do not want to trade in the CNT EA Pair Exclusion field in the CNT EA settings.

  21. Hi folks:

    Where do I go to see historical performance information on it?

    🙂

  22. One more problem , i switched to Live account and after adding the CNT EA checking dll import , completing username and password , i get this error :
    CNT_EA AUDUSD.,H1: function ‘MqlLock_51127AA2_7_IIIiIiIIii’ call from dll ‘CNT_EA.dll’ critical error c0000005 at 5A39EC00.

    Date gets collected , the smiley is happy only thing that is not appearing is the strenght meter on the bottom left corner , the label is there CNT EA – Dynamic Strenght Meter -BIS Weighted but the actual strenght meter is missing above the label.
    Is that a problem if so how can it be solved ?
    PS. On demo its working.

  23. Hello,
    Tested today the CNT EA and i noticed that it only opened 2xSELL positions and after the news came out a buy would have been needed . Is there any way to set the EA to set both buy and sell pending orders before news release or this is how this EA works ?

    Regards,
    Trix

    • Hi Trix, what were the currency pairs being sold. Even if both orders are SELL orders, for today’s CA Employment Change news, one of them should be selling the CAD whereas the other order would actually be buying the CAD.

      • Oke , its all clear now , i just did not check the currency’s being traded . First one was SELL CAD/CHF second one was SELL GBPCAD , bot orders got deleted by the 10sec delete setting i presume and thats why it did not trigger. Thanks.

  24. adeyemi says:

    why cnt_ea is not work with fxpro mt4 and say trade operations not allowed by setting, allow modification of signals setting

  25. adeyemi says:

    hello sir, please i am using fxpro broker MT4, i trade with 260 dollars. my account is standard account, my broker use GMT +3. how can i set Money management-
    Mini account :
    Account risk:
    Fixed lot size
    Max.lot size:in my charts CNT_EA install but no pending order and no trade is taking, : Trading Error:BASKET – Unable To Place Order Successfully, One-Sided Order Closed, trade operations not allowed by setting . help me?

  26. Kov Aust says:

    Hi guys, good work getting the EA updated for release 600+. Been looking forward to tinkering with it.

    I’ve been able to install no problem, but the EA is only opening 1 trade instead of 2 straddled trades. It has the default settings configured.

    The history shows lots of cancelled trades, and the few trades that it opened were all trades that weirdly looked to open at the end of the news spike (usdjpy 3/7 15:30:04 buy opened at 102.209 when the candle opened at 101.937) – which explains why they’re all losses.

    The trades tend to stay open for long periods too (the above example was 16 hours, the below sample was 20 mins)
    Has this come up before?

    This is the journal from another similar trade:
    2014.07.08 01:52:22.675 Notifications: ‘order #25523619 sell 0.11 GBPAUD at 1.81844 closed due stop-loss at price 1.82000, profit: -17.16 AUD’ sent to ‘4B390A63’
    2014.07.08 01:30:01.646 Notifications: ‘order #25523619 sell 0.11 GBPAUD at 1.81844 modified: sl: 1.82186 tp: 1.81686 -> sl: 1.81994 tp: 1.81494’ sent to ‘4B390A63’
    2014.07.08 01:30:01.162 Notifications: ‘order #25523619 sell stop 0.11 GBPAUD at 1.82036 activated at price 1.81844’ sent to ‘4B390A63’
    2014.07.08 01:30:00.959 ‘1056259’: order #25523619 sell 0.11 GBPAUD at 1.81844 was modified -> sl: 1.81994 tp: 1.81494
    2014.07.08 01:30:00.943 ‘1056259’: request was accepted by server
    2014.07.08 01:30:00.818 ‘1056259’: modify order #25523619 sell 0.11 GBPAUD at 1.81844 sl: 1.82186 tp: 1.81686 -> sl: 1.81994 tp: 1.81494
    2014.07.08 01:29:43.194 Notifications: ‘pending order #25523619 sell stop 0.11 GBPAUD modified: 1.82036 sl: 0.00000 tp: 0.00000 -> 1.82036 sl: 1.82186 tp: 1.81686’ sent to ‘4B390A63’
    2014.07.08 01:29:42.366 ‘1056259’: pending order #25523619 sell stop 0.11 GBPAUD was modified -> price: 1.82036 sl: 1.82186 tp: 1.81686
    2014.07.08 01:29:42.366 ‘1056259’: request was accepted by server
    2014.07.08 01:29:42.334 Notifications: ‘pending order opened #25523619 sell stop 0.11 GBPAUD at 1.82036, STRADDLE-954 UK Industrial Prod’ sent to ‘4B390A63’
    2014.07.08 01:29:42.225 ‘1056259’: modify pending order #25523619 sell stop 0.11 GBPAUD at 1.82036 sl: 0.00000 tp: 0.00000 -> price: 1.82036 sl: 1.82186 tp: 1.81686
    2014.07.08 01:29:41.897 ‘1056259’: order was opened : #25523619 sell stop 0.11 GBPAUD at 1.82036 sl: 0.00000 tp: 0.00000
    2014.07.08 01:29:41.897 ‘1056259’: request was accepted by server
    2014.07.08 01:29:41.850 ‘1056259’: pending order sell stop 0.11 GBPAUD at 1.82036 sl: 0.00000 tp: 0.00000

    Cheers,
    Corey

    • Hi Kov, this is strange, the EA should open two pending orders and cancel the orders 10 seconds after the news release if not picked up (SecToCancel). Try removing the EA completely, update your MT4 if available and reinstall the EA, and try on a demo first. Make sure the EA is only installed in one chart and try not to exclude too many pairs.

      • Mega Mega says:

        After dropping the ea on the chart this was the message in the experts folder in the terminal

        2015.04.01 06:37:10.366 CNT_EA USDJPY,H1: expert stopped
        2015.04.01 06:37:10.366 CNT_EA USDJPY,H1: dll calls are not allowed; ‘CNT_EA.dll’-‘MqlLock_51127AA2_7_IIiI11IIiI’

        Please how can this problem be resolve?

  27. daramola olufemi omoniyi says:

    i install it is giving this information on my chart{ do you permit to call function MqlLock_51127AA2_7_iii1ii111i from CNT_EA.dll

    • Terrence Brannon says:

      That’s because you did not uncheck “Confirm DLL Function Calls”. Go to the Common tab of the EA settings and uncheck it.

  28. daramola olufemi omoniyi says:

    hi,my ea close my chart any time it yrt to load pls help me out

  29. Hi Henry
    i am new here, as i want to trade news n i am looking 4 one ea, at last i found your site which is why i am here now
    please tell me i have downloaded CNTEA setup , n i could not install it by locating n selecting the nordfx mt4 folder in c program or any other broker.
    Secondly i have downloaded the CNT EA .ex4 file placed it in nordfx expert folder n showing as with blue colour but cannot open or modify or drag n drop in charts
    could you please advice?

  30. Abdurrahman Saleh says:

    I successfully installed this EA. But there are no open positions when news is realese

  31. It is Tuesday 29th April and the EA says there is no more news because it is the weekend and is wishing me a happy weekend. It says There are no trades. I have tried the EA on various computers and mt4’s/ Wuzzup??

  32. 2014.04.01 04:15:37 CNT_EA GBPUSD,M5: function ‘MqlLock_51127AA2_7_IIIiIiIIii’ call from dll ‘CNT_EA.dll’ critical error c0000005 at 5C14EC00.

    how to fix this?

  33. Good morning mr kelvin!

    I have been able to install and launch the CNT EA successfully but there seems to be a challenge which i couldn’t understand. The EA actually picked trades with entry price, stop loss, take profit, and it was cancelled at the same time without any profit/loss. This has repeated severally, could it be that my broker doesn’t support the EA to place trades at the time of news release?

    • The CNT EA is designed to place two pending orders 15 pips away from the current price (StraddleGap: Default: 15) just before the news release time (SecToStraddle: Default: 20), to try to catch the spike. In most cases, when the news are released as expected (no surprise) the market does not move beyond the 15 pips to pick up any of the orders, therefore consequently the CNT EA will cancel the orders 10 seconds after the news time (SecToCancel: Default: 10). You can monitor and verify that the EA is placing two pending orders right before the news times and also check on your account history to look at the cancelled orders. You can definitely change the default settings to increase your chances to pick up trades, but not recommended, since the idea is to only enter when there is a spike.

      • Suvankar Majumdar says:

        HighImpactOnly: (Default: false) this option false or true for trade? Please help

        • We schedule some lower impact news like the EUR CPI, US Trade Balance, US Core Durable Goods, etc..; so if you set the HighImpactOnly setting to ‘true’ you will only be trading the high impact news. I recommend to set it to ‘false’ so you can also try to catch the news spike if there is a surprise on the lower impact news.

          • Hi Kelvin: high impact news are just those that are reflected in the weekly calendar of the web, is that correct?

    • Eugenio Rivera says:

      Divine

      How did you get the EA installed, everytime I try it will crash the chart. I did it manually but is not working. I have read that the EA is not working for MT4 build beyond 600. When can we expect the update?

  34. Hello to start with I will be using a Mini Account for example $500 dollars, do I need to change settings for Mini Account (True) Account Risk Percent 0.2 to 0.1 What about the Use Money Management do I need to set this to (False) and the MaxInitial Lot Size (Default 3;2) to what setting do I need to change it to – please help. Many Thanks. Kind Regards, Rada.

    • Hi Rada, please note that a mini account refers to the trading lot size regardless of your account balance. For example, on a standard account when you place an order of one unit (1.0) you would be trading one standard lot, but on a mini account a one unit trade (1.0) is actually one mini lot or 0.1 of a standard lot. If you are certain you are using a mini account, then you should set IsThisAMiniAccount to ‘true’. As per the other settings, you should leave them as default and try initially with a demo account. You should leave the UseMoneyManagement to ‘true’ as this setting will trade according to the AccountRiskPercent (by default 0.2% of your account balance) and you can set a limit in MaxInitialLotSize (this would be your max lot size regardless of how much your balance has grown). If you set the UseMoneyManagement to ‘false’, the EA would disregard the AccountRiskPercent and MaxInitialLotSize settings; instead it would trade according to your FixedLotSize parameter.

  35. Jensen Chong says:

    Dear Kelvin,
    i have 2 question,
    1) Where can we check the broker GMT? Time on the MT4, top let hand corner? is that the one?
    2) What time rame will this EA works the best?

    please advise

    • Hi Jensen,
      1. Look at one of your chart at M1 timeframe and see what time is the last candle, then compare to your local time to find out the GMT time.
      2. The EA works with any time, it does not matter, the only setting that requires your broker sever time is to set the ServerTimeOffset in order to synchronize the market opening time so that the strength meter is more accurately calculate the currency’s strength. We are working on an update that will automatically sync the broker server time.

  36. Which broker is the the best broker to trade EA with?

  37. Abdul Rupar says:

    i got a lot of error log…”2013.11.22 21:42:54 CNT_EA EURUSD.,H1: function ‘MqlLock_51127AA2_7_IIIiIiIIii’ call from dll ‘CNT_EA.dll’ critical error c0000005 at 6DA8EC00.
    i am running tru vps

  38. Thanks a lot for your help with all these informations and your ea. Your site is the best!
    My question is if your CNT ea can work with another ea I use in the same plattform MT4 ?
    Should I open all the pairs charts and what time frame is working ? I have opened all the pairs in H1 frame.
    Is it ok? Please contact with me . Thank you, John

    • Hi John, although we do not recommend it, but you can run another EA along with the CNT EA in the same MT4 platform; setup in a different chart. You may find instances that the EAs could interfere with each other. For example, if you are using a US broker which hedging is not allowed, one EA could have an open BUY EURUSD trade, so the other EA would not be able to enter a trade to SELL EURUSD. There is no need to open all of the currency pairs charts, CNT EA will trade all available pairs that are listed in your market watch window; and it does not matter what time frame. As long as you have the chart open where the CNT EA is setup and no matter timeframe, the CNT EA will do its job.

  39. Just a suggestion … would it be simpler if the ServerTimeOffset parameter was the /actual/ GMT offset rather than those values there? (This way there may be less confusion and repeated questions from people trying out the EA) The EA can do a simple computation to convert it the the value it actually uses. BTW there’s a small error in the line “GM 1 = 1” on this page.

    Anyway, nice work on the EA 🙂

  40. krstovicr says:

    Since you have Exclude Pairs input, can you have an extra input: Trade Only Pairs (___ ,___, ___…)?

    • Thank you for your suggestion, but we believe that having the extra input it would be redundant, plus normally it would be easier to specify the pairs that you do not want to trade. Another way to exclude currency pairs is to remove them from the market watch list, since the EA will only pick from the MT4 market watch list.

  41. Hello,
    What average pips per month with EA CNT?

  42. Hi, I had a problem with the time appearing in my laptop.
    1.) In the webpage CA Core CPI | September 20, 2013 – the above countdown clock has become 0, it should be another 12hour from now.
    2.) the CSM software countdown clock and the different sessions clock also run off.

    Could you advice me how to fix this? Thanks…..

  43. Hello Kelvin, is the EA okay to put in several MT4s? I attempted to delete my Demo MT4 with the CNT Ea in it but was unable to. I aim to use the EA in my 3 live accounts only and wish to delete the Demo MT4. VPS is starting to get sluggish.

    Thanks for your time and thanks very much to Henry too for sharing this wonderful news EA.

  44. Hi kelvin first time for me using the software, and I was waiting for the nzd news today to see how it worked but no trade was enter and it was an 80 pip initial spike after the news would like to know if this is normal behaviour? isn’t this software suppose to enter trades and pick the right pair to trade by it self?

    thanks

    good piece of software by the way

    • Hi Ulises, at the time of the scheduled news event, the CNT EA automatically places two pending orders by selecting different pairs to straddle. If the news moves the market beyond 15 pips (by default) in one direction, then it should pick up one of the orders. Often times, when the news comes out as expected, it does not move the market enough to enter into a trade. The NZD trade came out as expected, so for the most part it did not spike immediately after the news release, but for some reason I see now that it moved about 60 pips; it could be volatility due to low liquidity at the time of this news release. Today’s AUD Employment news should have triggered a trade.

      • Merlyn Barth says:

        I had the same problem with NZD, and understand what could have gone wrong. However, still no trade on the AUD news, and that should have triggered a trade big time. I get the indication on the screen “monitoring straddle”, but no trade. How do I know when a trade has been placed? The straddle orders do not appear on my screen, so really don’t believe they are being placed. Can you help? I have the EA installed on a H1 EUR/USD chart, you indicate any chart……….hope to get this to work, looks like it could be great.

      • Thanks for the fast response I understand, The AUD trade did triggered on my platform and everything worked as it should, thanks again for helping us offering this software for free

  45. Hello!
    I want to ask.
    in the top right as CNT_EA is orange lock. While not done by one shop. What’s wrong?

  46. Hi Kelvin,

    May i know how to check my broker server time?
    i’m using axiscapitalcorp, broker from New Zealand.
    Do i need to change any numbers in the time zone?

    • HI Augustine, you can check with your broker or simply look at the current time shown in any of your MT4 charts. Depending on what your broker time is, then you can set the ServerTimeOffset on your CNT EA settings.

  47. Not sure if cnt ea working quite as it should. Showing 19p profit for week!
    This error message appeared during one new event. Any ideas?
    2013.08.23 15:00:16 CNT_EA GBPUSD,M1: function ‘MqlLock_51127AA2_7_1Ii1ii1i11’ call from dll ‘CNT_EA.dll’ critical error c0000005 at 0F90EE60.

    Thanks

    • Nige, this could be normal; please note that the EA does not necessarily enter a trade when the market does not move enough to pick up the straddle orders. In regards to the error message, please make sure that you have entered your CNT username and password correctly and/or restart your MT4.

    • OKOLI FRANK says:

      My EA is not loading in my platform, i tried to load my settings but it kept on giving me error messages telling me that the licensing server is unavailable or no internet connection meanwhile there was fast internet connection. Please what will i do to solve this problem.

      • Hi Frank, please make sure you entered your CNT username and password correctly and restart your MT4. Also make sure that you have the EA installed on one chart only.

  48. Hi:

    The trailing stop is not working, it is fixed

    I could help

  49. Hello

    My broker is thinkforex and timezone is GMT+3,so I set ServerTimeOffset=-1,but why it shows ‘Hingh Impact..Scheduled(05:00:23),while it shows 04:00:23 in your main page,why?thanks.

    • Hi Kevin, the ServerTimeOffset setting is to sync the market open time so the calculation of the currency strength is more accurate. If your news are coming up at the wrong times, check your PC time or sync with the internet clock.

  50. Good morning

    In your experience with this EA, it really has made monthly earnings?
    I ask because the performance of the users there are many losing money.

  51. OKOLI FRANK says:

    The EA does not straddle despite the fact that my setting are ok. Please what could be the problem? Is there any where that i went wrong? Please what will i do so that my EA will start working?

    • Hi Frank, what do you mean that the EA is not straddling. Do you see cancelled trades in your account history? Do you see the EA placing pending orders during the news release times. The CNT EA places pending orders during news times, but often times when these news come out as expected, it does not move the market enough to pick up the orders.

      • OKOLI FRANK says:

        During the retail sales release last week, my EA was not able to straddle trades and i checked my account history and discovered that there were no cancelled trades though i did my settings right. Please i would like to know where i went wrong.

  52. Good morning

    In the configuration, the part of HighImpactOnly, you recommend? False or True and why?

    • Hi Yamil, we recommend to leave it on ‘false’. Although most non-high impact news are usually not tradable, we could catch a nice trade if there is a surprise that moves the market.

  53. Good morning

    This expert advisor is installed on any currency pair and this automatically when the news, automatically choose the currency pair that best suits to the news?

    For example if I install it on Eur / USD and NZD news is, the automaricamente choose the NZD / USD to trade?

    • Hi Yamil, yes, the CNT EA only needs to be installed in one chart. It will automatically trade the currency pairs related to a news release. Using your example, if there is a scheduled NZD news, the EA could trade any NZD related pairs depending on their strength/weakness (NZD/USD, AUD/NZD. GBP/NZD, EUR/NZD, NZD/JPY, NZD/CHF…)

  54. Still not sure about time settings with Alpari uk spread bet mt4 account . Charts show two hours ahead. When I change the settings nothing seems to change. Should be set to 0 right?

  55. Vincentius says:

    Hi,
    I have just tried this CNTA on my demo account, and it was running well. For Canada Employment Change, this EA opened buy audcad at 0.94458 and closed tp at 0.94808 and canceled sellstop usdcad at 1.02800. My live account is a mini account with 1:400, do i need to set something ? If i’m not wrong the default is for 1:100 ? Would you please explain me what to do. Thank you

  56. Using the EA on FX Choice ECN and getting delayed trades (or software manipulated) as much as 30 pips from the pending trade. Ran a similar EA (fee based) for a month on the same account (using VPS and ECN). 14 out of 15 trades were within 5 pips of the spike peak for a net loss. Coincidence? I think not. Same problem encountered on FinFX with delayed trades and excess slippage.

    The EA placed two trades this am. Money management is False and MaxInitialLotSize is 1.0. On the ECN account I set the FixedLotSize to 0.15. The trade was placed at 0.2. On a demo account the lot was set at 0.1. The trade was made at 0.13. Am I missing something in the setup?

  57. hello sir
    can i use this EA ,on ECN brokers mt4 platform
    due to here slippage and requotes not takes place , so the pending order away 15 pips placing should be accurate i think ,kindly explain in detail about this

    i have trade experience this EA on february onwards ,live standard accounts at iron forex, hotforex, alpari.nz, these are slippage and requotes occurs on news releases on this basic standard accounts i gain as well as i loose money .
    so finally i want to test on ECN accounts based on ur reply
    awaits ur’s reply
    thanks in advance

    • Hi ghouse, yes you should be able to use the EA with ECN brokers; it really shouldn’t matter since the EA places pending orders. Let us know your experience.

  58. srikrishbwcnt says:

    Hi, i have a mini account with the balance of $200. i don’t know how to set Account Risk Percent, Fixed Lot Size, MaxInitial Lot Size for my mini account

  59. Hi, first I would like to say thankyou very much for the ea.
    I loaded it onto my charts today & all looks good.
    Just waiting now for my first trade.
    However I noticed that it isn’t showing all the tradeable releases.
    eg. AUD & NZ news releases are missing for this week.
    I have “high impact only” set to false (as recommended)
    Your feedback would be greatly appreciated.

    • Hi Wayne, we only schedule high impact news releases to be traded with the CNT EA, since these are the news that are most likely to trigger a trade. Therefore, there aren’t any AUD or NZD high impact news releases that are scheduled for this week.

  60. LearnArmy says:

    Hi,
    I am using iamFx with Suffix pair and default setting of CNT_EA.
    I got 2 lose trade on last News as:

    Wed July 17, 2013 – 4:30am EST – UK MPC Minutes
    43184571 2013/07/17 09:30:01 Buy 0.08 EURGBPiam 0.87153 0.86991 0.87491 2013/07/17 09:30:01 0.8699 – 1.21 0.00 – 19.71 – 16.3
    Magic #8879576

    Wed July 17, 2013 – 10:00am EST – CA BOC Interest Rate
    43197180 2013/07/17 14:59:54 Buy 0.08 GBPCADiam 1.58367 1.58217 1.58717 2013/07/17 14:59:58 1.58177 – 0.77 0.00 – 14.61 – 19.0
    Magic #8879576

    Any suggested setting can improve lose trade above?

    • LearnArmy says:

      What might happen if SecToStraddle: (Default: 20) set to 12? Would be impact on spread or something?

      • You can definitely try, but the closer you are to the news release time, you could encounter higher spreads or slippage and your broker platform may not have enough time to process your orders.

  61. Kingsley says:

    Hello Mr Henry,

    Is a pleasure to keep tab with you. I just start using your EA. I place a trade using your EA on 12:45pm news, and these is the outcome. Pls can you highlight me why it went that way.

    these are the messages i got from expert.
    2013.07.04 12:44:40 CNT_EA EURJPY,M1: open #89917420 buy stop 0.03 EURGBP at 0.8619 ok

    2013.07.04 12:44:42 CNT_EA EURJPY,M1: modify #89917420 buy stop 0.03 EURGBP at 0.8619 sl: 0.8604 tp: 0.8654 ok

    2013.07.04 12:44:45 CNT_EA EURJPY,M1: delete #89917420 buy stop 0.03 EURGBP at 0.8619 sl: 0.8604 tp: 0.8654 ok

    Pls kindly go through it and let me know where i went wrong. Thanks and God bless

    • Hi Kingsley, please check that your PC clock is correct or sync with an internet clock. Also, quite often your broker require more time to place the orders, so you may try increasing the SecToStraddle setting in the CNT EA to 30~40.

  62. kim hansen says:

    Hi,
    As you can see below the EA did not place the orders before 16:30:16, while I had my secondtostraddle set to 2.
    That would mean it should have placed the orders at 16:29:58.
    Is this correct assumption?

    anyone else having this problem?

    2013.06.21 20:29:30 CNT_EA EURUSD,M1: function ‘MqlLock_51127AA2_7_1ii1IiII1I’ call from dll ‘CNT_EA.dll’ critical error c0000005 at 62A60428.
    2013.06.21 16:30:54 CNT_EA EURUSD,M1: modify #871158050 buy 50.00 USDCAD at 1.04196 sl: 1.04247 tp: 1.04396 ok
    2013.06.21 16:30:51 CNT_EA EURUSD,M1: modify #871158050 buy 50.00 USDCAD at 1.04196 sl: 1.04240 tp: 1.04396 ok
    2013.06.21 16:30:49 CNT_EA EURUSD,M1: modify #871158050 buy 50.00 USDCAD at 1.04196 sl: 1.04234 tp: 1.04396 ok
    2013.06.21 16:30:45 CNT_EA EURUSD,M1: modify #871158050 buy 50.00 USDCAD at 1.04196 sl: 1.04209 tp: 1.04396 ok
    2013.06.21 16:30:39 CNT_EA EURUSD,M1: modify #871158050 buy 50.00 USDCAD at 1.04196 sl: 1.04202 tp: 1.04396 ok
    2013.06.21 16:30:16 CNT_EA EURUSD,M1: modify #871158050 buy stop 50.00 USDCAD at 1.04196 sl: 1.04146 tp: 1.04396 ok
    2013.06.21 16:30:13 CNT_EA EURUSD,M1: open #871158050 buy stop 50.00 USDCAD at 1.04196 ok

    • Hi Kim, your SecondToStraddle setting of ‘2’ is too small, not enough time for the broker to place upir order before the news time. It seems that it was able to open only one of the straddle orders. Therefore, you need to set the SecondToStraddle setting to at least 20.

  63. 2013.06.20 16:00:18 ‘353458’: modify order #165683974 sell 0.01 AUDUSD at 0.91791 sl: 0.91782 tp: 0.91441 -> sl: 0.91781 tp: 0.91441

    That does not make any sense…SL is LOWER than current price!… 0.91791>0.91782>0.91441 (Price>SL>TP)…

    I don’t know why the EA does that

    Any help?

    • Hi Victor, the CNT EA has a default trailing stop of 10 pips. In your current example, if the market continues on the direction of SELL AUDUSD, then the SL will keep moving lower to lock in profits, and if market reverses then it would stop you out with one pip of profit. If you wish, you can always change the StraddleTrail setting.

      • Hi,

        My broker is 5 decimal broker, maybe “10” is “1”?…So trailing stop is too small?

        Thank you

  64. kim hansen says:

    Hi,
    One paramenter that would be nice is sectostopmod (seconds before news to stop modifying orders)
    I just experienced with the US existing home sales that orders where modified about one secound after the release.
    My thougs is that this should work as follow.

    Example
    Newstime:16:00
    SecToStraddle:20
    sectostopmod:2

    in this case the EA should start straddling 15:59:40 and stop modifying orders at 15:59:58.
    so 2 secounds before the release i want to keep the orders as they are and wait for the news to be relased and then hold the orders as specified in SecToCancel if not filled.

    Anyone else think this would be an nice feature?

    Thanks

    • Hi Kim, what modification was made to the order, and was the order picked up? I don’t think the EA does any modification unless you are already on a trade. Either to cancel one of the orders because the other order got picked up, or modify the trade to move the SL because the EA has a 10 pips trailing stop.

      • kim hansen says:

        Hi
        Thanks for your feedback.
        It was my bad, first time I used the EA today and did monitor via mobile, so it was only price moving, not the orders.
        I have previously used an EA that place the orders and then modify them untill an specified time, so I thought this was the case here also.

        Now that I understand the SecToStraddle correct it is actually just what i wanted:)

        I had one winner and one loser today, not to bad as I set it up based on wrong assumptions.

        Just like to say thanks for an great site and free EA.
        Clean and simple.

        Keep it up:)

  65. Banuchandar says:

    Hello Henry/Kelvin,

    I have an issue with the broker i have selected. Can you please advise me that which broker can i select to trade?. Help me on this

    Thanks

  66. i set my SecToStraddle to 40 as you said i should in your reply and used it for the NFP News but it is still going to off quote even before the news, on thursday i set my SecToStraddle to 10 but it was able to open only on trade as pending order then it deleted the pending order before the news, from your forex broker page i noticed that some traders are also using HotForex as their broker and from there records i can see that they are makeing profit with this CNT EA, please i am really confused, what setting should i use to stop this off quote issue,i use hotforex

  67. Hi Kelvin another intresting question for you looks like my order get canceled before the news event? Look

    Non Farm Payrols and they get canceled 15.29 wile the news came out at 15.30 what do i need to do?

    772547 2013.06.07 15:29 sell stop 0.04 usdjpy+ 95.519 95.669 95.169 2013.06.07 15:30 96.276 cancelled
    772548 2013.06.07 15:29 sell stop 0.04 audusd+ 0.95192 0.95342 0.94842 2013.06.07 15:30 0.95235 cancelled

  68. 2013.06.06 11:59:56 ‘174341’: order buy stop 0.01 GBPUSD opening at 1.54689 sl: 0.00000 tp: 0.00000 failed [Off quotes]
    2013.06.06 11:59:56 ‘174341’: request in process
    2013.06.06 11:59:56 ‘174341’: request was accepted by server
    2013.06.06 11:59:55 ‘174341’: pending order buy stop 0.01 GBPUSD at 1.54689 sl: 0.00000 tp: 0.00000
    2013.06.06 11:59:55 ‘174341’: order sell stop 0.01 GBPJPY opening at 152.873 sl: 0.000 tp: 0.000 failed [Off quotes]
    2013.06.06 11:59:55 ‘174341’: request in process

    • my trades keep writing off quote and i dont know why, please i need a solution i use Hotforex broker

      • Hi Kelvin, this might be an issue with Hotforex requoting your trade orders, try increasing the SecToStraddle setting to between 30~40.

        • ok thanks i will try it and give you a feedback on whether it worked, i jst increased my SecToSraddle setting to 40

          • i set my SecToStraddle to 40 as you said i should in your reply and used it for the NFP News but it is still going to off quote even before the news, on thursday i set my SecToStraddle to 10 but it was able to open only on trade as pending order then it deleted the pending order before the news, from your forex broker page i noticed that some traders are also using HotForex as their broker and from there records i can see that they are makeing profit with this CNT EA, please i am really confused, what setting should i use to stop this off quote issue,i use hotforex

  69. harshidha says:

    Mr. Kelvin, is it possible to set number of pips away from current price for pending orders by manually. Your EA automatically place orders 15 pips away from current price. Is it possible to change by manually?

  70. dear Kelvin, i have a question in my mt4 account the Currency Strength Meter dont show up is this a problem?

    • hi Tom, the strength meter should be showing on the left side of the chart where the EA is setup. Make sure you have correctly entered your CNT username and password, and also check that you have entered the correct suffix if your currency pair names have one (for example: EURUSD.f EURUSDfx EURUSDpro).

      • hi kevin, in my platform i check in epert tab there so many error message, what does it means, is the ea install properly? altought i already set up like your screenshot in installiation guide.

        thx

        • Hi Tan, pls make sure you have entered your CNT login information correctly and/or try reinstalling the EA if necessary. Sometimes, you could see some error messages over the weekends when the markets are closed.

  71. so… It appears to me that this ea has a lot to do with the user rather than the actual ea. The broker could even be good, but if the user sucks, negative returns will come… just an interesting point.
    And I am glad you include the currencies not to trade option because I have updated mine to only majors.
    (after the GBP news this morning placed a trade with a spread of 6…) Made 3 pips, but I think this ea only works well with lower spread pairs. I just make sure that I have a few of each currency so that it has options.

    • After just a couple trades with this EA, I sometimes wish that I could choose which currency pair I wanted to sell or buy. I have eliminated the majority of low liquidity pairs from the list and have mostly the high liquidity pairs. So far I’m three for three in trading the news with this EA. excellent product really.

  72. harshidha says:

    if there is any open trade which i trigger manually before any news release, will this EA place the pending orders? or otherwise I should all open trades before the EA place pending orders???

    • harshidha, Once you have setup the CNT EA correctly, the EA will automatically place two pending orders just seconds before the next scheduled high impact news release.

  73. harshidha says:

    this EA works really well…for of all thanks for this EA which I looking for a long while…

    this EA select the currency pair by its own based on currency strength. But if this EA provide one option that we can also select the currency pair during particular news release. Like example, during any US based news I would like to trade on GOLD.
    So that my suggestion is to provide one more option, that trader can select currency pair by them selves or EA may select by itself..

    • Hi harshidha, thank you for your support. At this time, the EA only trades currency pairs; therefore GOLD is not something that we would trade with the EA; but we’ll consider adding the option of allowing users to select the pairs to trade.

      • oyetade kamal ola says:

        dear sir,
        is there any means where i could get more info if i want to be trading on long or short sentiment?
        thanks

  74. newstrader says:

    Hi, the EA fail to issue order and the time in the message ‘High impact……schedule in…. (00:00:19)’ seems stop and not able to update.

    • Hi newstrader, if you noticed that the EA’s upcoming news is not updating, you should reset the EA by restarting your MT4 platform.

      • newstrader says:

        I did try to trade 2 news yesterday, both of the time the time counter update continually until 00:00:19, any idea?

        • newstrader, please check if the EA successfully places the two pending orders, look at the account history to check if you see the cancelled orders and check the experts and journal tabs for error messages.

  75. kelvin ,
    2013.05.21 13:59:50 CNT_EA EURUSD,M1: open #108366755 sell stop 0.01 GBPNZD at 1.86031 ok
    2013.05.21 13:59:51 CNT_EA EURUSD,M1: open #108366756 buy stop 0.01 GBPCAD at 1.56388 ok
    2013.05.21 13:59:52 CNT_EA EURUSD,M1: modify #108366755 sell stop 0.01 GBPNZD at 1.86031 sl: 1.86181 tp: 1.85681 ok
    2013.05.21 13:59:52 CNT_EA EURUSD,M1: modify #108366755 sell stop 0.01 GBPNZD at 1.86031 sl: 1.86181 tp: 1.85681 ok
    2013.05.21 14:00:40 CNT_EA EURUSD,M1: delete #108366755 sell stop 0.01 GBPNZD at 1.86031 sl: 1.86181 tp: 1.85681 ok
    2013.05.21 14:00:41 CNT_EA EURUSD,M1: delete #108366756 buy stop 0.01 GBPCAD at 1.56388 sl: 1.56238 tp: 1.56738 ok

    is EA is working properly or not , no trade was done (sorry, it may be simple question , i’m new to fx)

    • hi Mani, looking at your journal here, it appears that the EA is working properly. Right before the news, the EA opened two pending orders: SELL GBPNZD and BUY GBPCAD. About 40 seconds after the news release time, the two orders were cancelled since none of the two orders were picked up. The CNT EA is programmed to place pending straddle orders to try to catch the spike during news time. Often times, the actual news release is not a surprise or come out as expected, and thus it does not move the market enough to pick up the pending orders.

      • thanks kelvin

      • oyetade kamal ola says:

        in todays trade eurgbp went for buying according to the new release and i made some pips but gbpjpy went on buy instead of selling according the news release and i saw buystop beside it.does it mean i have made some lost? kindly analyse what happen why gbpjpy did that bcos am confused now

        • hi Oyetade, the CNT EA was programmed to do straddle trades by opening orders by choosing different currency pairs based on the currency strength meter. In this case, BUY EURGBP and BUY GBPJPY, although these are both BUY trades but in reality these are opposite. In BUY EURGBP you are selling the GBP, whereas in BUY GBPJPY you are buying the GBP. In today’s UK Retail sales, the news came out worst than expected, so that is why the CNT EA entered on the BUY EURGBP trade.

      • oyetade kamal ola says:

        Hi,pls i would like to know why SELLSTOP and BUYSTOP happen on a paricular trade.

        • When a high impact news is released, we do not know in which direction it spikes, so the idea of the EA is to place two pending orders to try to catch the spike if the news is a surprise. Ideally, if it spikes, it should pick up one of the orders and cancel the other immediately. However, there are few instances that the market may whipsaw very fast, picking up both trades.

  76. Olurotimi Lawal says:

    my CNT-EA says trading error basket unable to place order successfully one sided order closed what does that imply

  77. Stephen says:

    It’s alright Kelvin you can call me stupid – everybody else does !

    I thought straddle was one Buy Stop and one Sell Stop for the same pair at the given time to catch either or movement ?

    So, you are saying everything is as it should be – the Broker isn’t playing silly buggers – Just waiting for an even bigger spike.

    You don’t think the settings need tweaking ?

    • hi Stephen, the CNT EA was programmed to do straddle trades by opening orders by choosing different currency pairs based on the currency strength meter; since most Forex brokers do not allow straddling with the same pair. In regards to the settings, often times it may depend on the broker. You can certainly tweak the settings according to your trade results when testing the EA.

  78. Stephen says:

    I am the one who should be sorry – what I should have wrote was ServerTimeOffset NOT time lapse.
    It would appear that the vertical NEWS column is hitting at the right time.

    This is my latest journal (for what it’s worth)

    2013.05.16 13:30:14 ‘58038606’: pending order #32327234 was deleted
    2013.05.16 13:30:14 ‘58038606’: request in process
    2013.05.16 13:30:14 ‘58038606’: request was accepted by server
    2013.05.16 13:30:13 ‘58038606’: delete pending order #32327234 sell stop 0.10 NZDUSD at 0.81354 sl: 0.81504 tp: 0.81004
    2013.05.16 13:30:13 ‘58038606’: pending order #32327232 was deleted
    2013.05.16 13:30:12 ‘58038606’: request in process
    2013.05.16 13:30:12 ‘58038606’: request was accepted by server
    2013.05.16 13:30:12 ‘58038606’: delete pending order #32327232 sell stop 0.10 USDCHF at 0.96369 sl: 0.96519 tp: 0.96019
    2013.05.16 13:29:54 ‘58038606’: pending order #32327234 sell stop 0.10 NZDUSD was modified -> price: 0.81354 sl: 0.81504 tp: 0.81004
    2013.05.16 13:29:53 ‘58038606’: request in process
    2013.05.16 13:29:53 ‘58038606’: request was accepted by server
    2013.05.16 13:29:53 ‘58038606’: modify pending order #32327234 sell stop 0.10 NZDUSD at 0.81354 sl: 0.00000 tp: 0.00000 -> price: 0.81354 sl: 0.81504 tp: 0.81004
    2013.05.16 13:29:53 ‘58038606’: pending order #32327232 sell stop 0.10 USDCHF was modified -> price: 0.96369 sl: 0.96519 tp: 0.96019
    2013.05.16 13:29:52 ‘58038606’: request in process
    2013.05.16 13:29:52 ‘58038606’: request was accepted by server
    2013.05.16 13:29:52 ‘58038606’: modify pending order #32327232 sell stop 0.10 USDCHF at 0.96369 sl: 0.00000 tp: 0.00000 -> price: 0.96369 sl: 0.96519 tp: 0.96019
    2013.05.16 13:29:52 ‘58038606’: order was opened : #32327234 sell stop 0.10 NZDUSD at 0.81354 sl: 0.00000 tp: 0.00000
    2013.05.16 13:29:51 ‘58038606’: request in process
    2013.05.16 13:29:51 ‘58038606’: request was accepted by server
    2013.05.16 13:29:51 ‘58038606’: pending order sell stop 0.10 NZDUSD at 0.81354 sl: 0.00000 tp: 0.00000
    2013.05.16 13:29:51 ‘58038606’: order was opened : #32327232 sell stop 0.10 USDCHF at 0.96369 sl: 0.00000 tp: 0.00000
    2013.05.16 13:29:50 ‘58038606’: request in process
    2013.05.16 13:29:50 ‘58038606’: request was accepted by server
    2013.05.16 13:29:50 ‘58038606’: pending order sell stop 0.10 USDCHF at 0.96369 sl: 0.00000 tp: 0.00000
    2013.05.16 10:04:47 ‘58038606’: previous successful authorization performed from 89.240.163.92
    2013.05.16 10:04:47 ‘58038606’: login
    2013.05.16 10:04:44 ‘58038606’: login
    2013.05.16 10:04:42 Expert CNT_EA USDJPY,M15: loaded successfully
    2013.05.16 10:04:40 MetaTrader – Alpari UK build 500 started (Alpari (UK) Ltd.)

    The demo account balance hasn’t moved

    I have absolutely NO IDEA what is going on

    • hi Stephen, looking at your journal, it appears that the EA is working properly. Right before the US Core CPI news, the EA opened two pending orders: SELL USDCHF and SELL NZDUSD. About 14 seconds after the news release time, the two orders were cancelled since none of the two orders were picked up. The CNT EA is programmed to place pending straddle orders to try to catch the spike during news time. Often times, the actual news release is not a surprise or come out as expected, and thus it does not move the market enough to pick up the pending orders. By default the EA will cancel the orders 10 seconds after the news time, when none of the orders have been picked up.

  79. Stephen says:

    Kelvin please accept my most sincere apologies – I got the numbers WRONG – sorry

    That being said – – 12:00 news did absolutely nothing to my demo account

    All settings are still default – apart from time lapse

    • Stephen, I’m sorry, what do you mean by a time lapse? Is the EA not entering orders at the correct time of the news? If that’s the case, make sure your PC time is correct or is synchronized with an Internet clock. The broker’s time and ServerOffsetTime does not affect the news time, it is only used to match the time of market open in order to accurately calculate the currency strength.

  80. Stephen says:

    My computer is in the UK and currently set to BST (British Summer Time) which is GMT +1 – My MT4 chart is showing plus 2 hours. That is; Computer 19:00 hrs — Chart 21.00 hrs. Please advise offset. Truly sorry to have troubled you.

    • Hi Stephen, based on your information that you’ve provided, your MT4 broker is on GMT+3, therefore you should set your ServerTimeOffset setting to -1

      • Stephen says:

        Appreciate your prompt reply.

        Alpari (UK) – If you’re a trader using an Expert Advisor (EA) which requires the GMT offset to be manually input, please ensure that this is adjusted to GMT+3 to reflect this change before the markets open.

        For whatever reason it hasn’t shifted the news – have tried a restart

      • oyetade kamal ola says:

        pls,i need a reliable vps service for me not to be missing out trades due network issue in my location. tnx

        • Hi oyetade, we don’t have any recommendation on a VPS service, but maybe someone here can give you a recommendation or you can do a search online for a VPS service that specialize in hosting for Forex / MT4.

  81. harshidha says:

    hi henry, i have my live account with fxprimus. this broker freeze this EA during economic data release. so please advise me which broker is best for straddle trading????

  82. Mr Kel, thanks for ur prompt reply, what i notice is that there is 2 hours different between our time here in Nigeria and the platform time, please what figure should i put in the server time offset because i used +1and i think that might be the problem.
    Tayo

    • Hi Tayo, your platform follows your broker’s server time, and does not necessarily matches your PC time. The ServerTimeOffset setting has to do with the currency strength calculation and not with the news time. Please check on what setting to enter into the ServerTimeOffset depending on your broker’s time, by following the table above.

  83. Hello,
    since the installation of the EA on my account, no trade has been executed, even during the last Nonfarm news. please, what should i do for the system to work efficiently. i am using it on FXPRO platform.

    • Hi Tayo, you need to check that your EA is setup properly. Do you see any error messages under the journal or experts tab? Do you see the red/yellow lines in the chart, the smiley face on the top-right corner of the chart, and the text and strength meter on the left side of the chart? Did you setup the EA in one chart only, do your currency pair names have a suffix?

  84. ghouse says:

    sir
    iam using instaforex this broker says each trade should be enter and closing position should be minimum 5 to exit,
    otherwise if cancelled trade below they will be detucted .
    as iam changed setting on take profit 100 and trailing stop 70 due to trade exceed

    it is safer to wait each news entering EA above 5 minutes

    thanks in advance

  85. Sándor Mészáros says:

    Hey CNT Team,

    will the next version of the EA include a setting where we can tell the EA to only close a set % of the trade once our TP is hit? That would be really awesome.

  86. 13:12:23 CNT_EA EURUSD,M5 inputs: EAversion112=”CNT_EA_1.1.2″; ReleaseDate112=”February 8, 2013″; label_0=”=== Trade parameters ===”; UseMoneyManagement=false; IsThisMiniAccount=true; AccountRiskPercent=0.2; FixedLotSize=0.06; MaxInitialLotSize=0.06; AllowNewTrades=true; label_1=”=== Account Information ===”; UserName=”ghouse”; Password********”; label_2=”=== Trade Selection ===”; Suffix=””; UseStraddle=true; SecToStraddle=40; SecToCancel=10; StraddleSL=15; StraddleTP=50; StraddleGap=15; StraddleTrail=10; EnableSound=true; HighImpactOnly=false; label_3=”=== Strength Settings ===”; ServerTimeOffset=-1; lable_4=”=== Pairs Exclusion (Format: Pair1,Pair2) ===”; ExcludePairs=”EURCHF,GBPCHF,EURGBP”;
    13:12:26 CNT_EA EURUSD,M5: Reading File
    13:12:26 CNT_EA EURUSD,M5: initialized
    13:59:41 CNT_EA EURUSD,M5: Trading Error:BASKET – Unable To Place Order Successfully, One-Sided Order Closed

    sir kindly clarify
    iam using hot forex broker this experts log i use sec to straddle 40 then why order not placed

    thanks in advance

  87. Januar Ricky says:

    is there any oco setting?

  88. attorresi says:

    I loaded the expert advisor, regarding the graph and ‘all right, but the voice directors have a problem, he says :: (‘ CNT_EA.dll ‘critical error c0000005 at 651CEC00) I have to do?

  89. Sándor Mészáros says:

    Hey CNT Team!

    Today, on the Australian Retail Sales news release (1.3% vs 0.3%) a long trade started on AUDUSD at 1.0478, which, unfortunately, was close to being the end of the 30 pip rally caused by the release (top of the M15 candle was 1.0490 starting from 1.0460). I closed the trade manually for a few pips of profit, which isn’t bad, but I feel left out of most of the profit.

    I’m using the default settings for the straddle trades. Should I be altering the StradleGap from 15 to something lower to start future trades sooner in the rally? What danger does this hold?

    Thank you for your help!

    • Sandor, by lowering the StraddleGap setting, you risk entering into trades that may not move enough to give you a profit and may even end at a loss. The idea behind the 15 pips StraddleGap, is to catch the spike when the actual release numbers come out as a surprise; since most tradable spikes should move more than 20~30 pips beyond the pre-release price.

      • Sándor Mészáros says:

        Ah, I see. Well that was deffinitely the case with today’s NFP release lol

        Which begs the question though: the NFP release triggered a EURUSD long trade which is understandable, but at the same time the news for CAD Emloyment Change triggered a USDCAD long trade. A very profitable move, but what was the logic behind that? If the USD was getting weaker, why did it go long on that pair and not something like EURCAD? Just trying to understand, that’s all.

        Thank you again for your help!

        • Sandor, the EA selects the pairs based on the strength meter. What could have happen is that although the USD was weak, but it was still stronger than the CAD. To ensure that your strength meter is working properly, make sure to set the Server offset setting based on your broker server time.

          • Sándor Mészáros says:

            “Weak but still stronger” might’ve been true, but I’m assuming both were in the blue zone, while the EUR was going strong (just assuming, I didn’t check the CSM that time unfortunately). Does the EA consider the Currency Outlook values, where the USD is in fact stronger than the EUR?

          • Sandor, At this time the CNT EA only considers the currencies strength, as shown on your chart (left side of chart where CNT EA is setup).

  90. sir kindly clarify us
    i trade on demo fxcm and ibfx australia both two brokers today
    Australian RBA Interest Rate
    trade place at currency pair :audusd buystop at 1.04743 (ibfx trade cancelled)
    audusd buystop at 1.04743 (fxcm) hit 15 pip stop loss
    i use both brokers default settings and server time offset :0

    at sharp news release RBA the market not touched the entry point 1.04743 but picked fxcm broker and hit stoploss here ibfx not picked why the difference

    fxcm RBA releases 5 minute candle high 1.04698 but picked price 1.04743
    ibfx ,, ,, ,, 1.04697 but not picked 1.04743

    why fxcm picked
    ibfx why not picked it means which is best to news trading in between these two brokers based on this trade pls suggest
    thank u

  91. sir mr .henry liu ,kelvin ching and all team
    i thank u so much for your efforts

    broker is the basic trading platform is the most important part of trading whether it technical or fundamental this will given knowledge by henry team this was refreshing our brains now we analyzing and learning BROKER SEARCH program through this EA now we easily identify which broker is good whose are cheaters, now practically i change from past broker kills me lots of profits now iam changing to go another broker who is,,,,

    request for pls list out rank wise brokers top 10 leading, this will help us to choose as easy

    • ghouse, we will enhance the brokers page in the near future to better display the information and to be able to list the brokers by amount of pips made, and more… As of now, we recommend you to go thru the broker list, see which ones have positive amount of pips per number of trades and then download their demo to try them out.

  92. Hi Admin,
    I downloaded CNT EA and installed, setup as instructed, but the EA did not open any trades today 3/26. Please advise. Thank you very much for the helps.

  93. Olurotimi Lawal says:

    i noticed since i started using CNT ea it never trades during nzd news, i have gbpnsd,eurnzd,audnzd as no go area pairs, all i see is unable to select pairs

  94. Olurotimi Lawal says:

    i have a question if my TP doesn’t hit quickly after the news release what should i do? let it run or close whether positive or negative? thanks

    • Olurotimi, you should let the EA run. The CNT EA has an initial default TP of 35 pips and 15 pips SL, also has a 10 pips traiing stop. However, it is up to you, you can always manually close the trades.

  95. sir
    sec to cancel :10 (sec) default 10 seconds i use here
    all straddle trades placed if not picked the news it will cancel to take above 10 seconds all my trades are cancelled from 16 to 20 sec time taken to remove pending orders below are the experts log EA traded 3 news releases takes place

    all trades are cancelled above 16 seconds
    my question is ***** if the spike trade can enter below 10 seconds it will sure go market above 25 pips ***
    otherwise if trade entered after 10 to 16 sec it is safer ? due to delay removing pending order sometimes trade was picked

    i)17:59:33 CNT_EA EURUSD,H1: open #1144735538 sell stop 0.10 USDCHF at 0.9444 ok
    18:00:17 CNT_EA EURUSD,H1: delete #1144735538 sell stop 0.10 USDCHF at 0.9444 sl: 0.9459 tp: 0.9394 ok

    ii)01:29:31 CNT_EA EURUSD,H1: open #1144800988 sell stop 1.00 NZDUSD at 0.8252 ok
    01:29:33 CNT_EA EURUSD,H1: open #1144800991 buy stop 0.95 NZDCHF at 0.7896 ok
    01:30:16 CNT_EA EURUSD,H1: delete #1144800988 sell stop 1.00 NZDUSD at 0.8252 sl: 0.8267 tp: 0.8202 ok
    01:30:17 CNT_EA EURUSD,H1: delete #1144800991 buy stop 0.95 NZDCHF at 0.7896 sl: 0.7881 tp: 0.7946 ok

    iii)17:59:32 CNT_EA EURUSD,M5: open #1145066946 buy stop 0.95 GBPUSD at 1.5171 ok
    17:59:34 CNT_EA EURUSD,M5: open #1145066950 sell stop 0.95 NZDUSD at 0.8208 ok
    18:00:16 CNT_EA EURUSD,M5: delete #1145066946 buy stop 0.95 GBPUSD at 1.5171 sl: 1.5156 tp: 1.5206 ok
    18:00:17 CNT_EA EURUSD,M5: delete #1145066950 sell stop 0.95 NZDUSD at 0.8208 sl: 0.8223 tp: 0.8173 ok

    i know that default 10 sec to cancel is safer but below are the douts for me
    it is safer upto 20 seconds time taken to remove?
    can i use default 10 sec or can i minimize seconds ?
    trade enter after 10 to 16 sec it is good trade or wrong ?
    pls give suggestion for what seconds i want to use for safer trading based on above log
    awaits truly ghouse thank u

    • ghouse, you should leave the default to 10 seconds. Due to broker’s order execution time, there might be a few seconds delay. However, in the end is really up to you and how your broker performs. Check your trade resuts, if you believe extending the time to cancel the trades will yield more profitable trades, then go ahead and extend it.

  96. sir
    On settings exclude pair by default:EURCHF,GBPCHF
    why these two pairs to avoid pls explain?

    Can i exclude these two pairs or not
    Which is the best way to use
    Thank u

    • ghouse, these two pairs were excluded by default because of the current policy by the Swiss National Bank to defend the 1.20 level as a floor for the EURCHF. For this reason, these pairs are heaviy manipulated and not recommended to be traded with the news releases. You may remove these pairs from the exclusion field, it is up to you.

  97. sir
    this trade placed on alpari 5digiit broker i use settings below
    sec to straddle :30
    sec to cancel :30
    ******trade was cancelled before news release*******
    news traded uk industrial production

    14:41:38 CNT_EA EURUSD,M5 Suffix=””; UseStraddle=true; SecToStraddle=30; SecToCancel=30; StraddleSL=15; StraddleTP=35; StraddleGap=15; StraddleTrail=10; EnableSound=true; HighImpactOnly=false; label_3=”=== Strength Settings ===”; ServerTimeOffset=0; lable_4=”=== Pairs Exclusion (Format: Pair1,Pair2) ===”; ExcludePairs=””;
    14:41:41 CNT_EA EURUSD,M5: Reading File
    14:41:41 CNT_EA EURUSD,M5: initialized
    14:59:37 CNT_EA EURUSD,M5: open #162158196 sell stop 0.10 GBPAUD at 1.44602 ok
    14:59:38 CNT_EA EURUSD,M5: modify #162158196 sell stop 0.10 GBPAUD at 1.44602 sl: 1.44752 tp: 1.44252 ok
    14:59:40 CNT_EA EURUSD,M5: delete #162158196 sell stop 0.10 GBPAUD at 1.44602 sl: 1.44752 tp: 1.44252 ok
    15:06:33 CNT_EA EURUSD,M5: deinitialized

    awaits solution here thanks for yours replies

    • ghouse, in this particular trade, it seems that the 30 seconds in the SecToStraddle setting was not enough, so the EA was only able to place one pending order. Once the EA is unable to place the 2nd order, it will cancel the 1st one. Try increasing the SecToStraddle setting to 35~40 seconds.

  98. sir
    above reply was correct it works but some times very high impact news release like NFP on friday 8th on this EA places trade delay here i increase sec to traddle :30 sec due to some brokers need time to place orders before news
    after i put sec to straddle 30 sec EA start counting down on sharp before 40 sec especially NFP but the trade was not placed as sharp

    18:30:56 CNT_EA EURUSD,M1: Reading File
    18:30:56 CNT_EA EURUSD,M1: initialized
    18:59:59 CNT_EA EURUSD,M1: open #1144279322 buy stop 1.10 AUDUSD at 1.0294 ok
    19:00:04 CNT_EA EURUSD,M1: open #1144279363 buy stop 1.06 USDJPY at 95.94 ok
    19:00:12 CNT_EA EURUSD,M1: modify #1144279322 buy stop 1.10 AUDUSD at 1.0294 sl: 1.0279 tp: 1.0339 ok
    19:00:22 CNT_EA EURUSD,M1: modify #1144279363 buy 1.06 USDJPY at 95.94 sl: 95.79 tp: 96.39 ok
    19:00:37 CNT_EA EURUSD,M1: modify #1144279363 buy 1.06 USDJPY at 95.94 sl: 96.04 tp: 96.39 ok

    actualy here this was NFP release EA places trade stats the real entry should be 18:29:40.
    but the entry placed at audusd at 18:59:59 and usdjpy was 19:00:04 (placed entry after release )
    audusd pending order not cancelled i cancell it manually but takes to cancel some seconds

    can i increase sec to straddle furthur can i put sec to straddle :40 due to some very high impact news releases EA is hanging and struk to place trades this will cause loss in case

    it is safter to provide sec to straddle from 20 to 40?????

    awatis yours reply thank u

  99. sir iam using instaforex 4 digit broker
    i have last time placing trades late now was solve the problem was sec to straddle increased from 20 to 30 sec
    all are working now fine except this one there was INTIALIZING CNT EA COLLECTING DATA this was happens only in 4 digit platform ,continous some times 10 to 30 minutes there after shows details initialized

    on 5 digit platform whenever the platform opens at a time it was initialized
    give suggestion to solve this thank u

    • Hi ghouse, simply refresh your chart by switching to a different timeframe or restart your MT4; this issue could have happened because we had two news that were scheduled at the same time. We will try not to scheduled news at the same time or will set some more time in between to allow EA / broker to place orders.

  100. sir
    for better EA to place trades sharply which digit broker is best 4 or 5 digits

    • ghouse, the 5 digits broker gives you more precision so you can enter trades at partial pips, whereas the 4 digit broker allows whole pip entry. We have used both types of brokers with and w/o the EA and they are mostly the same.

  101. sir kindly solve these problems
    1st february

    UK Manufacturing PMI****** (enters trade accurate )*****

    Canada GDP m/m*********( i use same settings but enters order wrong)******

    below are the trade experts tab for your clarifications pls solve this issue why this happens whats the problem here why EA struks sometimes

    18:39:17 CNT_EA EURUSD,M1: loaded successfully
    18:39:17 CNT_EA EURUSD,M1 inputs: EAversion112=”CNT_EA_1.1.2″; ReleaseDate112=”February 8, 2013″; label_0=”=== Trade parameters ===”; UseMoneyManagement=false; IsThisMiniAccount=true; AccountRiskPercent=0.2; FixedLotSize=0.5; MaxInitialLotSize=0.6; AllowNewTrades=true; label_1=”=== Account Information ===”; UserName=”ghouse”; Password=”9944281767″; label_2=”=== Trade Selection ===”; Suffix=””; UseStraddle=true; SecToStraddle=28; SecToCancel=10; StraddleSL=15; StraddleTP=35; StraddleGap=15; StraddleTrail=10; EnableSound=true; HighImpactOnly=false; label_3=”=== Strength Settings ===”; ServerTimeOffset=0; lable_4=”=== Pairs Exclusion (Format: Pair1,Pair2) ===”; ExcludePairs=””;
    18:39:46 CNT_EA EURUSD,M1: Reading File
    18:39:46 CNT_EA EURUSD,M1: initialized
    18:59:56 CNT_EA EURUSD,M1: open #1143454923 buy stop 0.50 USDCAD at 1.0349 ok
    19:00:18 CNT_EA EURUSD,M1: open #1143455161 buy stop 0.46 CADCHF at 0.9147 ok
    19:00:19 CNT_EA EURUSD,M1: Trading Error:BASKET – Unable To Place Order Successfully, One-Sided Order Closed

    regards ghouse

  102. sir
    Sec to cancel:10sec (default)
    It means if news (spike) picked below 10 sec it can sure move from open price to above 10pips ?
    Expects proper explanation about this
    Awaits truly

    • ghouse, this simply means that the pending orders will be cancelled 10 secs. after the news release time if the trade is not picked up. For example, the US NFP is scheduled at 8:30:00am, so the EA places the straddle trades at 8:29:40 (by default, SecToStraddle: 20 secs.) and then the orders are cancelled at 8:30:10 (by default, SecToCancel: 10 secs.) if not picked up.

  103. sir
    iam using instaforex this broker places trade lagging i face the problemns below pls suggest
    for example if uk retail sales release at 3pm means
    CNT EA place the trade sharp 2:59pm that means 20sec before, this was gives good result based on your default settings this was happened from my broker but as sometimes trade was placed at sharp 3pm (on releasing time this gives loss trade and pending order was not cancelled after 10sec
    why this happens again and again
    sec to straddle : 20sec
    can i increase seconds to straddle :how much to provide for safer straddling
    awaits truly thank u

  104. Neil Powell says:

    Hi Henry,
    Been trying out the EA on a Demo account, and very pleased. A couple of days ago I put it on my live account and am having a few problems. I re-installed the EA on to my live account and the last two News Trades; US Core CPI and US New Homes sales didn’t behave the way I understood they should.
    1. US Core CPI: Order put in at 8:32 EST and not 8:30 – 20 secs and I cancelled it at 8:38
    2. US New Home sales: Order put in at 12:03 EST and I cancelled it at 12:09 EST
    Both cancellations done manually. I have not changed the default settings and I have inserted my CNT Credentials. My understanding is that between order and cancellation should be 30secs, unless triggered. What could be wrong?
    Thanks
    Neil

    • Not really sure what went wrong there. Can I ask you to post a question in Forex Answer section with the trade log from expert advisor? I like to see what happened. Normally it always is the broker. Maybe they have frozen the platform and caused a context-busy error, which will cause the EA to stop functioning. This could be the case if we can examine the error code.

  105. sir,
    As iam using fixed lot size on setting i provide
    Money management:false
    Mini account :true
    Acount risk:0.2
    Fixed lot size:0.50
    Max.lot size:0
    These seting i trade on uk meeting minutes there was placed 2 pending orders
    Gbpusd buystop at:0.77 lots
    Eurgbp buystop at:0.50 lots
    Why the difference in lots whats wrong in setting fixed lot should be use here both two trades at 0.50lots clarify us what changes i do

  106. Hello,

    i get following messages in the MT4 Experts and Journal Folder: “Experts are disabled because the account has been changed”.

    I use MT4 from the GFT-Plattform. I´m using two brokers in demomode (FxFlat+GFTdirekt over SmartMarkets). I added the EA to the new FXFlat-brokers, which is using the same plattform. Is there a problem to use the EA in more than one gft-account?

    Thanks

    • Hi Bernd, we have previously tested using the same account in two different platforms; but never in the same computer, and same broker. I guess there could be a conflict there, so try creating a new CNT account and use a different account for the other 2nd EA; and see if it works this way.

  107. Hello, i`m a new Member from Germany. I istalled the EA yesterday and it worked fine for one Newstrade. Today (till now) there was to trades possible. The EA is setting the pendingorders and delete both for both trades. There was no trade starting.
    Is this ok?

    I have on problem with the chart too. The EA-Explantaton in the chart is not automaticaly actual. He shows onlinge the last trade under “Upcoming News”.

    Is it ok?

    Thanks for your answer

    • Hello,

      next Trade not executed (EZB News). Setting the pendingorders and delete them. No automatical actualisation for the next new in the chart. So i must reloged in the EA with password and username?
      (I used EA Version 1.1.1, yesterday downloaded (automatic installed procedure, .exe file)
      Thanks

      • Sorry for the issue with 1.1.1, EA seems to be in a loop waiting for response from the server on successful pending orders removal. It is a timing issue as some brokers are fine and some aren’t. In the 1.1.2, which is online now in the download section, added a buffer to the timing and should work fine.

    • hi Bernd, usually when the news release numbers come out as expected (no surprise), market does not move enough to pick up our pending straddle orders and therefore are later cancelled. The main idea of the CNT EA is to catch the spike when the market moves due to a surprise in the release number. As far as the issue with the information update for the next upcoming news, please download and reinstall new version 1.1.2

  108. Hi Henry

    First at all thanks for your dedication and sorry for my poor english.Now i want to comment a problem with the new release 1.1:
    It doesn´t work right because this message appears in MT4 expert´s log: “CNT_EA EURUSD,H1: Trading Error:BASKET – Unable To Place Order Successfully, One-Sided Order Closed” and the EA do nothing.I don´t know why it happens,i never worked with this EA and the installation was succesfull,everything seems work right until the moment a new is upcoming.The EA starts to work but that message appears and anything else.

    Could you help me,please?

    Thanks a lot.

    Regards.

    Ángel.

    • Yes Angel, please show all symbols in your Market Watch. Sometimes when the EA has trouble selecting pairs, it won’t trade. Also if your broker is restricting orders at the time of news, it only places ONE pending, the EA will try to delete that one to avoid one sided straddle. At any rate, wait for the next news as NZD News may not be the best to trade as some platforms don’t have enough NZD pairs.

  109. Hi Henry, I’m using the ea on a broker with pair suffix – the trailing stop doesn’t seem to be working at all on the new version 1.1

  110. hello again 😉

    is there a way to delay cancellation of the ‘second’ pending order after the ‘first’ order gets activated/executed?

    this would help minimize losses if whiplash happens…

    thanks

  111. sir from ghouse today austrailian interest rate EA takes place pending orders below

    why the TIME DIFFERENCE audusd entry 05:29 and euraud at 05:30 the trade was 15 pip loss what changes i follow

    160475609 2013.02.05 time: 05:29 sell stop 0.10 audusd 1.04268 1.04418 1.03918 2013.02.05 05:30 1.04479 cancelled

    160475610 2013.02.05 time: 05:30 sell 0.10 euraud 1.28991 1.29141 1.28641 2013.02.05 05:30 1.29141 0.00 0.00 0.00 -15.68

    sec to cancel:10sec it is default
    if each news can hit in between these 10sec if trade can takes place it will sure go to hit 35 pips?

    thanks

  112. ok, I tried the new EA 1.1… first time it worked (last week), but today with Australian RBA Interest Rate result was an error: ‘unable to select tradable pairs’…

    all forex pairs were visible in mt4… I excluded most and left only major pairs (AUDUSD included)…

    • just to let you know: UK Services PMI went well, EA found pairs and I earned 14 pips buying gbpusd 🙂

    • hi Karlo, did you leave any other AUD pairs besides AUDUSD? On the AUD Interest Rate news, the EA would place straddle orders on two different AUD pairs, so if you only had one AUD pair enabled; that is most like ly why you had that error message. Can you see what were the two pairs that the EA tried to order?

      • I couldn’t see the pairs EA tried to choose, I was asleep… and there is no notification in history except ‘unable to select tradable pairs’

        but today (au retail sales) I included more pairs so the EA selected audusd and usdjpy but they were both buy stops… too bad, because audusd went 80 pips down 🙁

        • ok, something strange just happened… I updated EA to 1.1.1 version, restarted mt4 and history is now different: EA did sell audcad and I earned 52 pips (with alpari demo)

          the strange thing is TP was 0 (by my saved settings should be 14 pips) and trade was trail stopped at 52 pips, although trail stop shouldn’t work with 1.1 version…

          :-O

          • I guess it went to the TP but no trailing… Good job?

          • not sure… the history says it stopped loss (red) but it was 52 pips in profit… also t/p column says 0.00000… on the other cancelled order t/p and s/l columns are 0.00000 too

            I have 7 pip stop loss… if the pair have 7+ pips spread maybe it creates a problem and s/l t/p could not be set?

          • Not sure how your broker is calculating it, but if you see 52 pips, or perhaps 5.2 pips on a 5 digit account, then you made 5.2 pips. It is possible that the trade was trail stopped, so even though stopped, but with profit. This should be the case with the AU Retail Sales trade as I saw similar reaction on my EA.

          • thanks Henry

            well, maybe it is just an anomaly… I’ll let you know if it happens again

            😀

  113. Hi henry, it is 7 am on my broker platform now,which time should i choose on the GMT.

    • Why not call your broker and ask them what is their MT4 server time? You are asking me for something that your broker could very well answer in seconds…

  114. hi henry
    can i put pair of my choice by myself in this ea before the news

    • There isn’t an option to enter the pair of choice, but in the newest CNT EA v1.1 you can enter the pairs that you want to exclude.

    • No, there are lots of other EAs allowing you to do that. The main benefit of CNT_EA is the built-in Currency Strength Meter (CSM) in choosing the pairs. You are essentially asking a hybrid car to turn off the hybrid function and use gas instead.

  115. NorAzman Zakaria says:

    Hi, my EA still not trading.On the mini account I put false,is that ok?

    • Yes. That’s fine. Did you enter your username/password? Do you see any cancelled orders in the Order History?

      • NorAzman Zakaria says:

        No,I don’t see any cancelled order,

        • Pls make sure you have entered your CNT username and password in the CNT EA settings. Once the EA is working, you should see red and yellow vertical lines on your chart, you should also see CNT_EA with a smiley face on the topr right corner, and some text information on the left side of the chart.

          • oyetade kamal ola says:

            hi,
            i have added the CNT ea to my chart and on the text at the left side it tells me about the upcoming news today but there is no red and yellow line on my chart,the CNT EA smiley face is at the right top angle but i dont think its smilling and there is a padluck key beside it.do u think this alright?

          • Oyetake, please refer to the CNT EA setup instructions and make sure that all of your settings have been setup properly. You may have a sad face if your ‘Allow Live Trading’ option is not checked. As per the red/yellow lines, try changing your chart timeframe to 1H. Sometimes, if you have it at a lower timeframe, you may not see the lines because the upcoming news are still far away.

  116. G. MADHANAGOPAL says:

    What is Exclude pair???

  117. sir
    1)if it is available buystop and sellstop in a single currency pair
    due to NFP trade was cancelled straddle because EA places buystop here news goes to down
    monthy once release nfp it was a no trade ,no pips we feel

    2)sir as straddle trades i have seen closes sharply 10sec after news if not picked and some trades pending orders not cancelled whats the reason can i close manually
    thank u

    • ghouse – you can have buy and sell stops on the same pair, the hedging is not allowed, but straddle is… However, if you already have a trade open, let’s say BUY EURUSD, and you try to enter a SELL STOP EURUSD, then it will be cancelled by your broker, but that depends on the broker as there are brokers that will allow you to enter the trade, as long as you close the hedge by the end of the day as per the new CFTC regulation on hedging. Again, there are ways for brokers to go around that, and should not affect the EA. As far as the trade remaining open after the news, I have not seen it, but by all means you should cancel them. I think sometimes when the news is high impact, brokers “freeze” the platform, so the delete signal was not accepted by the broker… this only happened to one instance (FXCM) in our testing.

  118. sir
    all most i clarified about EA one dout there will be
    for example if the pc time is 20sec late running what will haven the EA happen
    trading based on EA taken by pc time or your controlling that EA works
    kindly solve thank u

  119. YAY!

    Thanks for the exclude pairs option!!!
    😀 😀

  120. sir
    ExcludePairs: can i leave empty
    thanks

  121. Olurotimi Lawal says:

    there are a lot of pairs that are not tradeable like USDSGD, AUDZAR, etc. i feel you should create something like maximum spread of any pair to trade or what do you think, cos to start entering untradable pairs, thats awesome job.

    • You can definitely limit the numbers of pairs shown in the MT4 market watch, it takes maybe 5 minutes one-time setting, or even entering them also takes 5 minutes. Based on spread may or may not match some criteria, so it is best to speficy what pairs you don’t want.

      • Olurotimi Lawal says:

        PLEASE can you give me a little tutorial on how to eliminate those unwanted pairs, have tried but they proving stubborn. thanks for your care

        • hi, we have uploaded a new version 1.1 of the EA, which will now allow you to exclude the unwanted pairs in the settings window. By default, it has two pairs that are excluded (EURCHF,GBPCHF). If your broker uses suffix, pls make sure to enter the pair names with the suffix.

  122. Farzad Rezvanianzadeh says:

    Hello,
    My CNT EA says there’s no more news for the week why?
    all settings are correct.

  123. sir
    i need clarifications below
    as iam using instaforex $100 live account from today onwards i provide settings shows that

    1)IsThisAMiniAccount:(Default: false) : here i change to( true) is this correct

    2)account risk percent i have claculate above the formula Account Balance / 10000 * AccountRiskPercent
    $100/10000*0.2=0.002
    i need lot size to trade from 0.60 to 0.80 lots
    i provide risk percent to: 5
    EA shows that on trading platform account risk:5.0000 (0.60 lots;0.80lots)
    i need to trade these lots.
    risk percent 5 can i use its correct its safe or not

    3)MaxInitialLotSize: (Default: 3.2) here maximum lot size not to excceed 0.80 lot for me if this correct
    awaits your reply
    thank you

  124. Hi Henry
    I am axis-trader from Sydney Australia. What will be input for the server time offset.

    Regards
    Velli

  125. Is there a way for EA to trade only default (major) pairs?
    If not, could you make it an option (true/false) in future versions?

    Thanks

    🙂

  126. Olurotimi Lawal says:

    my last trade moved by 35pips but wasn’t trailed until i inputted it manually whats wrong?

  127. Hi Henry,

    I am little bit confused with ‘StraddleGap: (Default: 15)’… is it 15 pips on each side of the current price or 7.5 pips on each side?

    Thanks

  128. Hi Henry,
    Here the error on MT4: 2013.01.25 13:20:55 CNT_EA EURUSDm,H1: function ‘MqlLock_509E3A07_2_iI1Iii1iI1’ call from dll ‘CNT_EA.dll’ critical error c0000005 at 6DF2DBD0.

    Could you help me ? It is not work.
    Thanks in advance.

  129. Hi Henry, looks as though there is still someone detemined to mess with the ea authentication – just now at time of GBP new release server goes off line & ea brings up error messages -wont load properly. 15 mins after news has past all comes good again. Has happened a few times last week as well. I assume it is DOS attack by those who don’t want the ea to function.

    • Yes, since the EA doesn’t need communication with my server at all times, just needed it to get the calendar information, so it is advisable to keep the EA turned on hours before a scheduled news… and those DDoS clowns are still attacking… incredible.

  130. Olurotimi Lawal says:

    I NOTICED my ea saying straddle trade:No trade in progress when its actually yes whats wrong

  131. master
    i have one dout clarify us i trade cad interest rate on that trade EA entered why not closes 10sec after news i use default settings i close that trade manually on 13.9 pips .
    sec to cancel :(default) 10 it is safer how much safe to exceed furthur sec from 10 to …..kindly solve
    thank u

  132. Olurotimi Lawal says:

    please why didnt my cnt ea open the nzdusd pair during the nzd cpi, mine said cant find pair to trade, was busy opening exotic pairs

    • Did it open trades on other pairs? Or did it not trade at all? It is based on CSM, so it picks the best pair to trade, exotic or not.

      • Olurotimi Lawal says:

        it opened and closed trade on other pairs but surprised not nzdusd that moved very fast.

        • Well if should have been picked up, you need to verify the open/close times to the second on these trades, if it opened at 4:44:42pm and closed at 4:45:10pm, then it is working fine. If the time code does not fall in this range, meaning the trade was closed before the news, then it could be a time issue on your PC clock. Make sure it is synchronized with an Internet time server regularly. All new PCs (Windows Vista, XP, 7, 8) should all have the function built-in.

  133. sir,
    good morning from ghouse last two weeks i trade EA on demo account now i gain knowledge how to use EA.
    Now i want to start on real account $100 for this account
    1)is this mini account column: what can i use whether it is default true (or) false for this account
    2)i need lot size to trade 0.10. one dollar per pip here account risk percent how much to fill from 0.2 to ….
    3)max initial lot size can i use default 3.2
    yours student kindly reply awaits always truly
    thank u

    • Ghouse:

      You should have a mini account, so use the mini account setting to true.
      If you want to trade $0.1 per pip, then you need to setup the proper Account Risk. It will show you in the form of lot size right on the EA. Make sure you confirm that before news time.
      Max initial could be default, but you may want to change that to your max, that would be 0.01 lot?

  134. Geektrader says:

    Hi Henry,

    yesterday I had a NZDCAD trade that the EA placed while that pair at this moment had a spread of 30 pips (because of the heavy news). Can you please add a max-spread filter-check before sending the Pending Orders and from there on control how the spread developes and if it becomes to high while the orders are still pending,delete them? Thank you.

  135. sir
    off set settings broker server time should be UTC time or GMT time kindly tell us i read below article also
    http://www.currencynewstrading.com/questions/how-to-configure-the-offset-setting-in-cnt-ea/
    awaits truly
    thank u

  136. Long EUR NZD was the successful trade I had on NZ CPI incidently

  137. Hi Henry, I had my first successful trade on the NZ CPI today, the EA worked perfectly in that regard on the spike – TP 35 pips, however I saw in the log the SL was never modified beyond the initial 15 pips which I presume was due to the bug you fixed in the latest version. I have a suffix in the pairs. Have installed the new version, & thanks for the EA with your updating efforts.

  138. Olurotimi Lawal says:

    but why didnt the ea trade the nzdusd pair with that spike, mine said cant find pair to trade

    • Which is the pair that your platform said it couldn’t find? Make sure you have enabled all pairs in your platform and if your currency pair names have a suffix, you need enter it in the EA settings.

  139. Olurotimi Lawal says:

    please i use liteforex and instatrader, i dont understand the suffix stuff how do i know my broker uses the suffix

    • If you look at the currency pair names in your platform’s market watch window or in the upper-left corner of your charts. If you see any additional letters after the pair name, like EURUSDpro or EURUSDm, then you need to enter the suffix in your EA settings as ‘pro’ and ‘m’ respectively .

      • LearnArmy says:

        Hi Kelvin,
        this example is more easy to understand for “suffix”. suggest to include this example on EA Setting explanation.

        “If you see any additional letters after the pair name, like EURUSDpro or EURUSDm, then you need to enter the suffix in your EA settings as ‘pro’ and ‘m’ respectively .”

        or simply suffix = “pro”, when “EURUSDpro”

  140. Hello Henry,

    I am having a feeling that there might be a problem with the EA…at least looking at all of the logs and the most recent trade that it actually triggered in the AUD/JPY pair for the AUD Employment release. Thankfully for me I decided to check on it before bed and ended up with a profit of 73.5 pips when I closed it out manually. The problems I believe I’m seeing are these:

    1. Not sure if the system even placed a straddle trade unless the straddle can occur by making trades in two different currency pairs. For example. It opened two sell stop orders. One for AUD/JPY and the other for GBP/AUD. These obviously move in opposite directions so perhaps that is where the straddle came in.

    2. I currently have my account risk percent set to 0.5 with a MaxInitialLotSize set to 0.05. This is a mini account and I have that set to true. When it placed these orders, one was for 0.50 lots and the other for 0.54 lots. How can this be if I have the Max Initial Lot Size set to 0.05? In addition, with lot sizes this large on my account which is pretty small, the 15 pip stop loss would have amounted to a capital loss of 4.1%, not 0.5%.

    3. My trade actually got in at exactly the place the sell stop was placed (93.505). AUD/JPY shot down to a low of 93.264 (24.1 pips)…obviously this wasn’t enough to trigger the take profit at 35 but, I do have Straddle Trail set to 10. Shouldn’t this have triggered a stop loss at around 14.1 pips profit as the price climbed right after the spike back to a higher price than it started (93.664) which is 15.9 pips above the entry point, which in theory if the straddle trail didn’t trigger, then should have triggered the 15 pip stop loss.

    4. It doesn’t appear it even attempted to set a stop loss or take profit in either of the two trades.

    I’m afraid that until I know for sure that everything is working properly, I’m going to turn the EA off as I can’t risk it. Granted, it worked out superbly for me this time around by chance (thankfuly) since this misstep added 22.5% to my account value…but that’s not what is supposed to happen.

    Here is the Experts Tab:

    2013.01.16 22:50:21 CNT_EA EURUSDm,M1: initialized
    2013.01.16 22:50:19 CNT_EA EURUSDm,M1: no file
    2013.01.16 22:50:19 CNT_EA EURUSDm,M1: Reading File
    2013.01.16 22:50:16 CNT_EA EURUSDm,H1: uninit reason 3
    2013.01.16 22:50:16 CNT_EA EURUSDm,H1: deinitialized
    2013.01.16 20:04:18 CNT_EA EURUSDm,H1: no file
    2013.01.16 20:04:18 CNT_EA EURUSDm,H1: Reading File
    2013.01.16 17:30:03 CNT_EA EURUSDm,H1: delete #9613189 sell stop 0.54 GBPAUDm at 1.51346 sl: 0.00000 tp: 0.00000 ok
    2013.01.16 17:29:44 CNT_EA EURUSDm,H1: open #9613189 sell stop 0.54 GBPAUDm at 1.51346 ok
    2013.01.16 17:29:43 CNT_EA EURUSDm,H1: open #9613187 sell stop 0.50 AUDJPYm at 93.508 ok

    And the Journal Tab:
    2013.01.16 22:50:21 CNT_EA EURUSDm,M1: initialized
    2013.01.16 22:50:19 CNT_EA EURUSDm,M1: no file
    2013.01.16 22:50:19 CNT_EA EURUSDm,M1: Reading File
    2013.01.16 22:50:16 CNT_EA EURUSDm,H1: uninit reason 3
    2013.01.16 22:50:16 CNT_EA EURUSDm,H1: deinitialized
    2013.01.16 20:04:18 CNT_EA EURUSDm,H1: no file
    2013.01.16 20:04:18 CNT_EA EURUSDm,H1: Reading File
    2013.01.16 17:30:03 CNT_EA EURUSDm,H1: delete #9613189 sell stop 0.54 GBPAUDm at 1.51346 sl: 0.00000 tp: 0.00000 ok
    2013.01.16 17:29:44 CNT_EA EURUSDm,H1: open #9613189 sell stop 0.54 GBPAUDm at 1.51346 ok
    2013.01.16 17:29:43 CNT_EA EURUSDm,H1: open #9613187 sell stop 0.50 AUDJPYm at 93.508 ok

    And the actual trade in the Account History Tab:
    Ticket Open Time TypeSize Item Price S / L T / P Close Time
    9613187 2013.01.17 02:30 sell 0.50 audjpym 93.505 92.840 0.000 2013.01.17 07:06
    Price Commission Taxes Swap Profit
    92.770 0.00 0.00 0.00 416.11

    • Dean I am looking at the log and I see what you are talking about. I don’t see the SL and TP being added. This means there is a bug. My guess it has to do with suffix because with that I have been testing, this is not an issue. I will put together a new fix asap. Thank you and Seth for pointing this out.

      • Henry,

        I did some poking around and changing some things and found that as soon as I changed the setting for whether it was a mini account to false, it recalculated the numbers shown on the screen to now say:

        Account Risk: 0.5000 (0.05 lots; limit 0.05 lots).

        For some reason it doesn’t seem to like the mini account setting…at least with FinFX. I don’t know if this has to do with not placing the other orders or not but that’s one thing.

        I also notice that on my MT4 platform (I’m assuming because it is a 5 digit broker), that when a trade is active the Profit column shows 10 times the amount of profit than it really is. For example. If I am up 10 pips, It shows a profit of 100 and I have to remember to divide by 10 for the actual profit/loss in pips.

        Regards,
        Dean

        • If you change the account setting to mini, the lotsize calculation is definitely based on mini account. You could have a standard/mini account with 5 digit pips, the pips are for precision purposes. When you have a 1.0 Lot on a mini account, it actually is 0.1 Lot size in Standard account, so the risk calculation is definitely off when you play around with the Mini account option…

  141. Geektrader says:

    I had a AUDUSD order placed that had a SL of 0:

    2013.01.17 00:29:48 CNT_EA EURUSD.arm,M1: modify #7202247 buy stop 0.01 AUDJPY.arm at 93.794 sl: 93.694 tp: 101.794 ok
    2013.01.17 00:29:48 CNT_EA EURUSD.arm,M1: modify #7202244 sell stop 0.01 AUDUSD.arm at 1.05450 sl: 1.05450 tp: 0.97450 ok
    2013.01.17 00:29:47 CNT_EA EURUSD.arm,M1: open #7202247 buy stop 0.01 AUDJPY.arm at 93.794 ok
    2013.01.17 00:29:47 CNT_EA EURUSD.arm,M1: open #7202244 sell stop 0.01 AUDUSD.arm at 1.05450 ok

    It got opened and directly closed of course. Could have been a winner if the EA would have added the correct SL of 10 pips to the AUDUSD order that I´ve set in the EA and that was placed correct for the AUDJPY order as you see. So something went wrong with the EA here, can you fix that please?

    I also had the EA, earlier at the day, placing a USDTRY order, I mean USDTRY?? That is a guarantee that you will get slipped on that pair when news trading + high spread on top!

    See:

    2013.01.16 13:29:48 CNT_EA EURUSD.arm,M1: modify #7189190 sell stop 0.01 GBPUSD.arm at 1.59705 sl: 1.59705 tp: 1.51705 ok
    2013.01.16 13:29:48 CNT_EA EURUSD.arm,M1: modify #7189188 sell stop 0.01 USDTRY.arm at 1.76791 sl: 1.76791 tp: 1.68791 ok
    2013.01.16 13:29:47 CNT_EA EURUSD.arm,M1: open #7189190 sell stop 0.01 GBPUSD.arm at 1.59705 ok
    2013.01.16 13:29:47 CNT_EA EURUSD.arm,M1: open #7189188 sell stop 0.01 USDTRY.arm at 1.76791 ok

    And again for both of these orders it has placed a SL of 0 pips relative to the pending order price. Will stop trading this until that SL bug is fixed and the choice of currency pairs is correct so it´s not trading such exotic pairs that will slip like mad + have extremely high spread.

  142. excellent reply message thank u sir

  143. Johan de Lange says:

    Is it possible to code EA for automatic time difference

  144. sir
    good morning from ghouse
    today i have test ea on demo account
    UK CPI y/y and US Core Retail Sales both are no trade
    1)can i use default setting it is safer to trading
    2)can i minimize account risk percent from 0.2 to 0.1
    3) if this EA available now free, in future if there is any subscription can came?why because we are using now and testing using for free in future it will available EA always or what the next step of this EA
    awaits always yours reply kindly clarify
    thank u

    • Hey Ghouse, welcome back. Here are the answers to your questions
      1) Yes, default settings are safe for majority of brokers that I’ve tested.
      2) Yes, you can minimize account risk to 0.1 or even 0.01. Make sure to speficy in the EA if you are running a mini account.
      3) Yes, my goal is to keep the EA free. It will always remain free. I will keep on updating it until it is 100%, but it will always be free.

  145. Anastasio says:

    Hey Henry,

    I have an issue.

    I have installed successfully the CNT but a strange thing happened during today’s GBP CPI news reading.

    Two pending orders have being placed and almost immediately were both deleted.

    Please see the extracts from Journal and Experts logs:

    ========================================================================================
    Experts Log
    ———–
    08:53:12 CNT_EA EURUSD,M30: Reading File
    08:53:12 CNT_EA EURUSD,M30: no file
    11:27:23 CNT_EA EURUSD,M30: deinitialized
    11:27:23 CNT_EA EURUSD,M30: uninit reason 5
    11:27:23 CNT_EA EURUSD,M30 inputs: EAversion=”CNT_EA_1.0″; label_0=”=== Trade parameters ===”; IsThisMiniAccount=false; AccountRiskPercent=0.2; MaxInitialLotSize=3.2; AllowNewTrades=true; label_1=”=== Account Information ===”; UserName=”tfotiou”; Password=”123456a!”; label_2=”=== Trade Selection ===”; Suffix=””; UseStraddle=true; SecToStraddle=20; SecToCancel=10; StraddleSL=15; StraddleTP=35; StraddleGap=15; StraddleTrail=10; EnableSound=true; HighImpactOnly=false; label_3=”=== Strength Settings ===”; ServerTimeOffset=0;
    11:27:24 CNT_EA EURUSD,M30: Reading File
    11:27:24 CNT_EA EURUSD,M30: no file
    11:27:24 CNT_EA EURUSD,M30: initialized
    11:29:42 CNT_EA EURUSD,M30: open #29914580 sell stop 0.97 GBPNZD at 1.90767 ok
    11:29:43 CNT_EA EURUSD,M30: open #29914581 buy stop 0.81 GBPUSD at 1.61097 ok
    11:29:43 CNT_EA EURUSD,M30: modify #29914580 sell stop 0.97 GBPNZD at 1.90767 sl: 1.90917 tp: 1.90417 ok
    11:29:43 CNT_EA EURUSD,M30: modify #29914581 buy stop 0.81 GBPUSD at 1.61097 sl: 1.60947 tp: 1.61447 ok
    11:30:11 CNT_EA EURUSD,M30: delete #29914580 sell stop 0.97 GBPNZD at 1.90767 sl: 1.90917 tp: 1.90417 ok
    11:30:11 CNT_EA EURUSD,M30: delete #29914581 buy stop 0.81 GBPUSD at 1.61097 sl: 1.60947 tp: 1.61447 ok

    Journal Log
    ———–
    11:29:42 ‘999624811’: pending order sell stop 0.97 GBPNZD at 1.90767 sl: 0.00000 tp: 0.00000
    11:29:42 ‘999624811’: request was accepted by server
    11:29:42 ‘999624811’: request in process
    11:29:42 ‘999624811’: order was opened : #29914580 sell stop 0.97 GBPNZD at 1.90767 sl: 0.00000 tp: 0.00000
    11:29:42 ‘999624811’: pending order buy stop 0.81 GBPUSD at 1.61097 sl: 0.00000 tp: 0.00000
    11:29:43 ‘999624811’: request was accepted by server
    11:29:43 ‘999624811’: request in process
    11:29:43 ‘999624811’: order was opened : #29914581 buy stop 0.81 GBPUSD at 1.61097 sl: 0.00000 tp: 0.00000
    11:29:43 ‘999624811’: modify pending order #29914580 sell stop 0.97 GBPNZD at 1.90767 sl: 0.00000 tp: 0.00000 -> price: 1.90767 sl: 1.90917 tp: 1.90417
    11:29:43 ‘999624811’: request was accepted by server
    11:29:43 ‘999624811’: request in process
    11:29:43 ‘999624811’: pending order #29914580 sell stop 0.97 GBPNZD was modified -> price: 1.90767 sl: 1.90917 tp: 1.90417
    11:29:43 ‘999624811’: modify pending order #29914581 buy stop 0.81 GBPUSD at 1.61097 sl: 0.00000 tp: 0.00000 -> price: 1.61097 sl: 1.60947 tp: 1.61447
    11:29:43 ‘999624811’: request was accepted by server
    11:29:43 ‘999624811’: request in process
    11:29:43 ‘999624811’: pending order #29914581 buy stop 0.81 GBPUSD was modified -> price: 1.61097 sl: 1.60947 tp: 1.61447
    11:30:11 ‘999624811’: delete pending order #29914580 sell stop 0.97 GBPNZD at 1.90767 sl: 1.90917 tp: 1.90417
    11:30:11 ‘999624811’: request was accepted by server
    11:30:11 ‘999624811’: request in process
    11:30:11 ‘999624811’: pending order #29914580 was deleted
    11:30:11 ‘999624811’: delete pending order #29914581 buy stop 0.81 GBPUSD at 1.61097 sl: 1.60947 tp: 1.61447
    11:30:11 ‘999624811’: request was accepted by server
    11:30:11 ‘999624811’: request in process
    11:30:11 ‘999624811’: pending order #29914581 was deleted
    ============================================================================================
    My setup
    ————–
    Broker Tadawul FX
    Account $50.000 Demo (5 digits)
    Spread 5.9 pips fixed

    GMT offset 0 (GMP+2)
    ===========================================================================================

    Is that normal? And if not, please advice.

    Thanks in advance,
    Anastasio

    • Yes this is normal since we are straddling the market, only in the market for about 30 seconds, then out when market failed to move. This is exactly what the EA should be doing. Remember, we are in the market only when the market moves.

      • Hi Henry

        My issue was that EA is still making a ONE sided trade. According to you, it should be one sell, one buy. Please advise what could be the possible issue

        Eg today, it makes TWO buy orders
        EURGBP
        GBPUSD

        I am still missing the sell order. I could understand if EA makes a buy for EURGBP, sell for GBPUSD or vice versa, but it makes 2 buys orders. Here’s the relevant messages

        2013.01.15 17:29:48 ‘2114614’: modify pending order #1922475730 buy stop 0.10 EURGBP at 0.83208 sl: 0.00000 tp: 0.00000 -> price: 0.83208 sl: 0.83058 tp: 0.83558

        2013.01.15 17:29:48 ‘2114614’: order was opened : #1922475733 buy stop 0.16 GBPUSD at 1.61080 sl: 0.00000 tp: 0.00000

        Ok: Checked common tab parameters, set to Long&short
        Ok: Checked Experts Log and Journal Log, no error messages

        • YML, Buying EURGBP is essentially selling GBP. Buying GBPUSD is Buying GBP. So the EA is performing as planned by adding one sell and one buy on the currency EURGBP. Note that the lotsize has also been normalized to match different pip value. Let me put it this way, if the news is good for UK, EURGBP will go down and GBPUSD will go up. Hope this clarifies the issue.

          • Hi Henry

            thanks for the explanation, its good now. I was mistaken that it meant, one transaction is a Buy and one Sell. yes you are right, if its BUY eurgbp it meant buy eur, sell gbp. Thus when its BUY gbpusd, its buy gbp (which notice now “contra” that of the buy eurgbp trnx) and sell usd

            So far, no trading to be reported, the EA just closed the trades rather quickly. Guess ecn acct is slightly difficult to get traded.

  146. Hi,

    I can’t seem to add this EA to more than one chart. Is it restricted to only one chart?

    • You only need to add the EA to one chart. It will automatically trade any pair, regardless of what chart you have the EA on. Just make sure to show all pairs in your MT4 market watch window.

  147. mehdimurphy says:

    Hi Henry, I have a question : Why was ‘henryliuforex(dot)com’ subscription 250$/month and now Can’t even find where to subscribe to live news trading … are you offering free trial for new CNT website ?

  148. Geektrader says:

    Hi Henry,

    thanks for the EA, but where can I set the Magicnumber it will be using (or what is the Magicnumber that you´ve hardcoded into it?) I want to make sure the Magicnumber of your EA won´t clash with any of my other EAs.

    Thanks.

  149. sir
    Iam from india here GMT timing is +5:30
    I have seen your offset list on that which number i want to select -3 or -4 kindly reply
    Thank u

  150. Clive Packham says:

    Hi henry
    Great little EA here but any chance of having a move to break even setting so once trade moves it goes to BE after say 3 pips so its a no lose trade. would be good if individuals could set BE pips to siut their own risk.

    Also have seen a similar ea which trails for a set time like 15 mins then stops so if you get a big move the trades still open when you get home to check charts and take appropiate action. Would be useful for bigger moves like NFP when some results set a longer trend in place.

    Thanks again for such a great EA.

  151. Abdulwakeel says:

    hi, i would like to recommend the following:

    1- the sell and buy stops be placed away from the bid and ask prices respectively, rather than being placed away from just the market price (bid price) alone
    2- when the stops are being placed, they should be modified to maintain the specified pip distance from the bid and ask prices until some seconds (specified parameter, say 2 secs) before news release
    3- (this is optional) @ certain pips level in profit, move the SL to break even BE [or BE + specified number of pip(s), say BE+1]. This is before the trailing starts…..e.g. when trade is +5 (specified by user) move SL to BE+1, then when trade is in +10 (specified by user) start trailing as usual

    With the 1st two being the most important

    Cheers

    • Thanks for the recommendations.

      1. Definitely worth look into. Will probably include in the next version.
      2. This would cause too many adjustments before the news, could render your MT4 in “Context Busy” error. So not possible.
      3. May be possible if the SL routine is readjusted. Will look into it.

      Thanks,

      • Abdulwakeel says:

        2. Well i see your point. You could also make it as an option for users to choose the modifications or not, @ least just for those who don’t experience the Context Busy errors with their brokers.

      • Hi Henry

        The EA on my platform is behaving strangely. It makes only a ONE sided trade and the other side was missing. The one sided trade seems to go into historical records very fast and there was no “cancelled” message on the comments.

        Please advise what’s wrong?

        • Do you use Suffix? Did you enable most of the symbols on your platform?

          • Yes I did, I just checked the experts log, it seems that there is an error to the call for .dll. But when I checked, I have copied the .dll into experts/library folder. I used the extracted .ex4 and .dll new version, so I am still lost as to what caused the error.

            I also checked the “common” tab on the EA and its set to Long & Short. So EA shld be able to buy+sell.

          • Hi Henry

            Ok I deleted both the .ex4 and .dll and redownload and re-copied to the experts and experts/library folder. No more errors, so will monitor tomorrow at 9.30GMT which is abt 17.30 Singapore time to verify whether EA is still making ONE sided trade. Thanks for the patience

  152. Jeffrey Shear says:

    Hi if my broker is GMT +2 what server time offset do I use?

    Thanks

    Jeff

  153. Henry: Is it possible to see where the historical entry levels would have been for past news releases or will I only be able to forward test? Thks

  154. Hi Guys,

    Thanks for such a great EA – I think this has huge potential.

    I have uploaded it yesterday morning to my Alpari UK Real Micro account, since then it has opened 4 sets of trades but all of these have closed almost immediately. Have you taken any trades in the last two days? I am trying to find out whether my setup is wrong, or the broker is blocking the trades.

  155. Presumably Canberry is Canberra, Australia? So, my MT4 is GMT time + 0, 11 hours behind Canberra, so I set the time offset to minus 11?

    Thanks

  156. Adeoti Lawrence Olalekan says:

    well done job. hope it works as expected. thanks

  157. Andre Richards says:

    Hi Henry,

    Thanks for the EA. Very keen to use it. I have two trading accounts, one a micro account with FXCM and the other one is a GKFX spread bet account that trades a minimum amount of 10p per lot. Both are MT4 based. Will the EA work on these types of platforms and how would I set it up?

    Thanks
    Andre

  158. NorAzman Zakaria says:

    Hi Henry,
    You said it will choose the best pairs,so where do I put this EA on what chart?Thanks.

    • You can install it in any one chart; but usually it should be installed on a popular pair like EURUSD, EURGBP; due to its liquidity and tick movement.

      • Does the chart time-frame matter? Also, you say it can be installed on any chart but it will pick the best pairs to trade. Does that mean I can install on any chart and it will still look at all pairs, or do I have to install on every chart I want it to follow?

  159. Ginni Roache says:

    Stupid question here – download the news calendar does that get attached to the chart or where
    is it automatically attached or ??

    • The CNT EA will automatically download the news calendar from currencynewstrading.com with the high impact news releases; you should see some red and/or yellow dashed vertical lines on your chart where you installed the EA. These lines show the news release times.

  160. hi henry,
    i’ve installed your ea to both mt4s that i have; easy forex (which is four digit) & alpari uk (five digits) with identical setting. it works fine with easy forex but not alpari (no smiley face), is there any explanation to this, is it due to the number of digits?

    eg. easy forex eurusd 1.3055, whereas alpari 1.30554

  161. Alexandre Luvizuto says:

    Hi Henry,
    Thank you for providing your EA for free.
    I was waiting anxiously for him and very confident.
    Just a question:
    How many pairs of trades maximum your EA can open before or after of the news?
    God bless you always !!!
    Alexandre/Brazil

    • Since it is straddling, the idea is just one pair and close the trade as soon as possible. I may change it in the future, but for the time being, it is just two trades, one buy and one sell.

  162. i have downloaded the CNT EA ON MY MT4 PLATFORM I CAN ONLY SEE THE SMILY ICON ON THE TOP RIGHT CORNER AND NOTHING ELSE.IS THRER ANYTHING ELSE I SHOULD DO

  163. Mohammad Manzur Elahi Sarker says:

    In my mt4 (mt4 FXCM) chart news release candle and CNT EA news release line r different why ? please explain…

    • Not sure, can you be more specific? How much difference? Is the countdown clock correct? The line sometimes may seem a bit off, that’s due to your screen resolution. But if the countdown clock is correct, that’s what the EA is based on.

      • Mohammad Manzur Elahi Sarker says:

        Dear sir,

        Here (mt4 FXCM) AUD Retail Sales m/m NEWS RELEASE TIME IS 0:00 BUT CNT EA NEWS LINE(Wed Jan 9 : Australian Retail Sales) IS ON 6 CANDLE BACK 18:00 .

  164. Hi Henry, My Mt4 broker use GMT offset +2, so I have to put in the CNT EA GMT offset +2 manually as well instead of the default 0? My country time here is GMT+8

  165. Hi Henry Liu,
    I found one problem in your EA installation. When I installed CNT_EA in my Mt4 platform, it give a message as “Dear User, our licensing server seems to be not available or you have no internet. Pls recoer internet or try later again…….’ and close the pair window.

    Although I have internet, it gives such message. Need your help to resolve it.

    Thanks,
    Farhan

  166. Emmanuel E. C. says:

    Thank you Henry for the great work and your desire to help others especially people like me do well. thank you. I also thank your partners for putting this together.

  167. Hi Henry

    Could u please advise whether its safe to NOT on MT4 till maybe ONE hour BEFORE news trading time as indicated by the EA’s output parameters?

    Also pls direct me on how to post my results

    • It’s safe. Everytime you load the EA, it will try to download the calendar to get the latest schedule. As far as uploading your results, it will be done automatically next time it refreshes the calendar, so either at the next start of MT4, or on a 6 hours random interval.

      • Thank you for your great patience and diligence to upkeep all the questions, please consider creating a “FAQ” tab so that I dont have to go all over the place to find info. Please design with search capabilities, so we wont double or triple or multiple post most issues which are ironed out here by earlier testers

      • Hi Henry

        On my MT4 chart, I noticed that EA indicated news trading Thursday (10Jan2013) on 12:00GMT, yet the countdown timer when I on my MT4 was only abt 3hrs.

        Singapore is GMT+8, thus, GMT12, Thursday 10/Jan on the chart=Singapore, Thursday 10/Jan, 8pm. My broker is FXOPEN which support told me is GMT+3, thus according to your table, I placed -1 into the server offset.

        But why is it that the news trading could be starting in abt 3hrs (abt 12pm Singapore Time)? Should it start at 8PM Singapore Time instead?

        I already set my PC time clock to Singapore which is DEFINITELY showing the correct time. I am missing something? (I know its supposed to go by UTC but the message is still strange).

        • The countdown is based on your pc clock. The offset is for strength calculation. 2 different things here. As far as the time is concerned, we had an EU Quarterly GDP release, is that the news it was counting down to?

          • Henry

            The EA Indicated UK BOE rate. Ok, the countdown is based on pc clock against when the news trading would start? EA indicated
            “Upcoming News: Thu Jan 10 12:00 GMT”
            UK BOE interest rate
            High Import scheduled in (05:05:25)”

            Which meant it should start about 8pm Singapore time. I was very sure that it was 03:xx:xx this morning at 9am Singapore time, its now 05:05:25 at 1.25pm Singapore time.
            I am still completely lost. I can understand calculating against that news upcoming offset, since its in GMT, but dont know how to relate to the time that kept counting (those in the brackets).

            OK, I understood now that the server offset is meant for CSM to work well coupled with the EA

          • YML, Thank you for pointing out the issue. I have fixed the problem and will upload the new version in the next few minutes.

          • Hi Henry

            The counter is right now. I am at abt 5pm, and counter shows 3 hours. Since the message was 12GMT, 3hrs from 5pm=8pm Singapore time (and since Singapore is GMT+8), the adjustment is FINALLY aokay

            PS: please consider having this server offset automatically calculated instead. I think there maybe code to allow u to detect the broker’s server time and then do a calculation thereof. If u are successful (& hopefully its not much rocket science), lets us know and we’ll download it again to test this.

            (Might be very useful if EA becomes full-fledged, then traders dont ask u how to set this, tear up their hair or whatever is left to find out their broker’s GMT offset)
            🙂

    • BlueMental says:

      Greetings All.

      Great Stuff Henry. You and your team are putting together a force to be reckoned with.
      I have only one question.

      Is it important to set the correct GMT or UCT time for the EA to work effectively?

      In other words, I do not care if the EA states my time or Time from anywhere in the world. I see the Vertical Markers in place and by doing a short check through the chart I saw spike duplicated on the markers already passed. This means to me that the EA is recognising the correct time already and the setting seems for visual puroposes only.

      I would also like to offer a suggestion. It would be nice to have atrue/false setting inside the EA properties section where one can put it ‘to sleep’ (the dll’s and all etc) since I run several EA’s and can sometimes cause ‘lagging’ when mt4 is overloaded.

      Thank You, I eagerly await the next NEWS to test it on demo.

      • It is important to have the right time and timezone specified in your PC. If you do not have the right time, the schedule will be off. As far as putting the EA to sleep, you can definitely change AllowNewTrades parameter to False, but I believe the strength calculation is still ongoing in the background…

  168. Okwara Godswill Ndukwe says:

    Hello sir,please do i have to put in the EA on all the pairs or will it do that on its on?

    • No, just on one chart. If you do on more than one chart, you should get a warning.

      • Hi Henry, ok so only loaded on 1 chart , do we need all pairs showing in market watch – I notice the inbuilt CSM only picks up the pairs showing in marketwatch window, that’s why I ask. Thanks.

        • Yes, you should enable ALL symbols in your market watch. Of course, for a currency to trade, it needs at least 2 pairs, so it won’t trade MXN, TRY, etc… but if you want to prevent your platform trading some pairs, just remove them from the Market Watch.

  169. Vy Nguyen says:

    Hi Henry,

    I’m a bit confused about Server Timeoffset, which you define as the difference between my broker time and UTC+10.
    If so, then if my broker (FXCM) time is GMT+0, or UTC+0, then this parameter should be set to +10 for my case.

    Is it correct ?
    Please advise

    Thanks
    Vy

  170. Donald Pule says:

    Hi Henry

    I just have few questions regarding the configuration of the CNT EA especialy on pairs to trade:

    1. Since the EA will trade the best pairs based on the CSM, how many pairs can be traded on one news time? Are we able to specify this? Can you dwell a bit by giving an example on how this works?
    2. Is it also possible to specify pairs to trade in a case where one wants to trade specific pairs based on the news history and pairs responses?
    3. On trailing stop, does the trailing starts only when the trade is profiting or it trails immediately as the pips moves closure to profiting? In a nutshel, Is it the same as the MT4 trailing stop?
    4. Can you prepare the Video indcating the EA in action, I’m intersted on getting the operation right and understanding the features. I’ll definately contribute to the EA testing ones it gets available.

    Thanks Henry for the great work. Also a big thank you to Kelvin and Isabel for their contribution to the CNT.

    • 1. It trades only 2 best pairs and straddles the market.
      2. No, it is meant to be automatic, so it will choose the pairs for you based on the CSM. There are lots of manually straddle EAs for free out there, the key for this EA is the ease of use and the “set in and forget it” approach.
      3. Trails immediately when the condition is reached, so it can minimize your loss.
      4. Working on it, but believe me, once you get the EA, you don’t need to watch demo videos, it is simple and easy.

      Thank you for your questions and your offer to help. We definitely need it 🙂

      • Donald Pule says:

        Hi Henry

        Thaks for the response, all is clear now regarding the CNT EA. I can’t wait to lay my eyes and trading hands to the EA. I’m sure it will be fun to work on this with all the CNT members and your followers at large.

        Regards
        Donald

      • Hi Henry

        How should I set the server time, eg, my broker is using GMT+0. Please advise

        • I think is a +2

          • Huh? ~-) confused. My broker server time was abt 04:24, (singapore time was 1.24pm), thus its GMT+1, since Singapore is GMT+8, and I checked against Time conversion of GMT 04:24=04:24 UTC.

            Singapore =1.24pm, GMT+8, then GMT+0=5.24am, but my broker server time was 4.24 (I look into the data window to determine this against the last candle showed on M1 chart)

            Please advise, I am using FXOPEN (ECN) acct. if this EA can survive ECN trading then it will survive others. If u know of FXOPEN offset, please let me know. As of now, I am placing it as 1.
            BTW: This is a value field, so I don’t need to enter with “+” sign

            I would also like to place my results maybe on weekly basis, here, please advise how to do so. I saw other testers listing their brokerage and results

          • Sorry Henry

            I noticed that EA is intelligent enough to determine the next news trading time. Can I closed the MT4 and maybe open it abt 1 hr before the news trading time to allow EA to gather data to trade?

            PS: Is there an easier way to determine broker server’s GMT offset then convert automatically to UTC without us trying to figure it out and pulling our hair or trying not to do so?

          • Alright I’ll setup a chart in the Q&A section since lots of people are asking this…

          • Ari Suryadi says:

            Dear Henry Liu,

            my broker is using UTC+2. what does i must fulfill in server time offset?

          • You should set the Offset to 0.

  171. sir,
    As we expecting this EA to practise how it works in realtime
    For example If the news can move 18pips here what was the profit why because order default placing at 15pips pls explain
    EA works by your control all trades
    If there is any losses came
    Awaits reply
    Yours student ghouse
    Thank u

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