Forex Factory News Indicator MT4
- The indicator is from Forex Factory
- The indicator pulls news data from Forex Factory and plots it on your MT4 charts.
Download the indicator
How to use it?
You need to enable .dlls to use the indicator.
- Press ctrl+O to open up the options screen in your metatrader terminal
- Click on the expert advisors tab
- Tick the boxes exactly like the screenshot below
4. Done. Now drag your indicator on to the chart to activate it.
The indicator will show the upcoming news.
- Red means high impact news
- Orange means medium impact news
- Yellow means news is low impact
The indicator will show the upcoming news ONLY for the currency pair on the chart.
- If the chart is EURUSD, the news shown is EUR and USD only.
- If the chart is non USD (like AUDJPY), you can select to have USD news by turning “Put_USD_News_On_All” to be “True”
Here’s a screenshot of how the indicator looks like:
You can change the font size by following the below:
That’s it. I hope the indicator helps you along your way to profitability!