Integration of Economic Calendar Data in cTrader Automate API
Integration of Economic Calendar Data in cTrader Automate API
07 Jan 2025, 02:25
Dear Spotware Team,
I hope this message finds you well. First and foremost, I would like to express my appreciation for the continuous innovation and support you provide for cTrader. The platform has been instrumental in enhancing my trading experience, and I commend the efforts you’ve put into making it one of the best trading environments available.
Request: Integration of Economic Calendar Data in cTrader Automate API
As an active user of cTrader Automate, I believe that adding programmatic access to the cTrader Economic Calendarthrough the Automate API would greatly enhance the capabilities of automated trading strategies. The ability to fetch and utilize economic event data directly within cBots would allow traders to:
Implement Dynamic News Filters: Automatically pause trading or adjust strategy parameters during high-impact news events to mitigate risks associated with market volatility.
Enhance Strategy Logic: Include event-driven decision-making by incorporating upcoming economic announcements into trade logic.
Increase Platform Appeal: Many other platforms provide programmatic access to economic calendars, making this a highly competitive and desirable feature for existing and prospective users.
Suggested Features:
- API endpoint to fetch economic event data with filters for:
- Impact Levels (High, Medium, Low)
- Currency Relevance (e.g., USD, EUR)
- Time Range (e.g., next X hours or days)
- Real-time notifications for upcoming events.
- Historical data for backtesting strategies.
Benefits to the cTrader Ecosystem:
- Increased adoption of the Automate platform by professional traders and developers.
- Improved risk management capabilities, reducing exposure to high-risk events.
- Empowering users to create more sophisticated, event-driven trading systems.
As automated trading continues to grow in popularity, incorporating the Economic Calendar into the Automate API would be a significant step forward in meeting the evolving needs of traders.
Conclusion: I kindly request that you consider adding this functionality to the Automate API roadmap. I believe it would be an invaluable addition to cTrader and further strengthen its position as a leading trading platform.
Thank you for your time and consideration. I am happy to provide further details or participate in discussions about this feature.