Forex Factory Calendar Indicator for MetaTrader 4 Download - [TradingFinder]

The Forex Factory Calendar Indicator provides information on significant economic events, such as GDP reports, unemployment rates, central bank interest rate decisions, and inflation statistics. This MetaTrader 4 indicator is designed to help traders understand economic trends and their impact on currency markets.

Forex Factory Calendar Specifications Table

The following table outlines the features of the Forex Factory Calendar Indicator.

Uptrend Conditions

The price chart below illustrates the impact of the CB Leading Index release on USD/JPY. This index is designed to predict overall economic changes, including growth or recession.The better-than-expected performance suggests potential economic growth and strengthening of the USD.

Weaker-than-expected performance indicates an increased likelihood of recession, which may weaken the USD.

Downtrend Conditions

The following chart displays EUR/USD price movements. The ECB President’s speech is scheduled for 18:45 Iran time.ECB speeches often contain crucial market signals. The Quantitative Easing (QE) program is a key aspect of these speeches.

If the ECB expands its asset purchase program, it implies more liquidity injection into the economy, typically weakening the euro.Conversely, reducing the program can strengthen the euro.

Indicator Settings

The following image displays the customizable parameters in the Forex Factory Calendar Indicator:

• Report for active chart only (override other): Reports only for the active chart
• Include high: Includes high-impact events
• Include medium: Includes medium-impact events
• Include low: Includes low-impact events
• Include speaks: Includes speeches
• Include holidays: show Includes holidays
• Find keyword: show Keyword search
• Ignore keyword: Display Ignore keyword
• Allow updates: Enable updates
• Update every (in hours): Update frequency (hours)
• Show panel: Display panel
• Show Panel in sub-window: Display panel in a sub-window
• Panel side: Display Panel position
• Panel title: Display Panel title
• Title color: Display Title color
• Show panel background: Display panel background
• Panel background color: Display Panel background color
• Low-impact color: Low-impact event color
• Medium-impact color: Medium-impact event color
• High-impact color: High-impact event color
• Holiday color: Holiday event color
• Remarks color: Display Remarks color
• Forecast Color: Display Forecast color
• Positive forecast color: Display Positive forecast color
• Negative forecast color: Display Negative forecast color
• Show vertical lines: Display vertical lines
• Report for USD: Display Report for USD
• Report for EUR: Display Report for EUR
• Report for GBP: Display Report for GBP
• Report for NZD: Display Report for NZD
• Report for JPY: Display Report for JPY
• Report for AUD: Display Report for AUD
• Report for CHF: Display Report for CHF
• Report for CAD: Display Report for CAD
• Report for CNY: Display Report for CNY
• Show Symbol Info (Strength/Bar Time/S...): Display Show symbol info (Strength/Bar Time, etc.)
• Info color: Information color
• Info font size: Information font size
• Minutes before first Alert: Show Minutes before first alert
• Minutes before the second Alert: Show Minutes before the second alert
• Popup Alerts: Show popup alerts
• Sound Alerts: Enable sound alerts
• Sound file name: Show Sound file name
• Send push notification: Show Send push notification

Conclusion

The Forex Factory Calendar Indicator allows traders to track economic events directly within the MT4 platform. If economic news is positive for a currency, traders can enter a buy position; if the news is weaker than forecasts, a sell position can be considered using this MetaTrader 4 trading assist.