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

The Forex Factory Calendar Indicator (FF Calendar) displays economic event data directly on the chart. This MetaTrader 4 news indicator informs traders about key economic releases such as employment reports, inflation data, and Gross Domestic Product (GDP).

It is important to note that this indicator retrieves news data from Forex Factory using the "Web Request" feature and displays it on the chart.

Steps to Set Up the "FF Calendar" Indicator

To use the Forex Factory Calendar Indicator, you first need to configure MetaTrader 4 to receive real-time data from the Forex Factory website.

#1 Forex Factory Calendar Page

To set up the Forex Factory Calendar Indicator on MetaTrader 4, visit the Forex Factory website and go to the "Calendar" section. Then, under "Weekly Export," copy the weekly calendar link in CSV format.

Once the relevant section of the link is selected, copy it again.

#2 "Options" Section

In MetaTrader 4, navigate to "Tools" and select "Options".

#3 Adding the Link & Running the Indicator

In the "Expert Advisors" tab, enable "Allow Web Request for listed URL," then click "Add New URL" and paste the copied Forex Factory link. Once completed, run the indicator on the MetaTrader 4 platform.

Forex Factory Calendar Indicator Specifications

The table below outlines the key specifications and features of the FF Calendar Indicator:

Bullish Trend Conditions

As shown in the USD/CAD currency pair chart (1-hour timeframe), the FF Calendar Indicator displays significant news events in a table format.

The vertical lines align with the news release times, and the price reacts positively to the economic data as soon as it is published.

Bearish Trend Conditions

The 30-minute EUR/USD chart illustrates how the Forex Factory Calendar Indicator functions.

The image shows that influential news events are plotted as tables and vertical lines on the chart. The price reacts negatively when the news is released, leading to a bearish trend.

Forex Factory Calendar Indicator Settings

The image below displays the FF Calendar Indicator settings panel:

• Alerts: Enable alerts
• Notifications: Send notifications for news events
• Alert Before News: Set the time interval for alerts before news releases
• High Impact News: Display news events with high-impact
• Medium Impact News: Display news events with medium impact
• Low-Impact News: Display news events with low-impact

Conclusion

Using tables and vertical lines, the Forex Factory Calendar Indicator plots important news events on the MetaTrader 4 chart.

This MT4 trading assist indicator retrieves news data from Forex Factory via Web Request and displays it directly on the chart.

Different trading instruments react differently to economic news. By using this indicator, traders can integrate fundamental analysis alongside technical analysis for better decision-making.