Forex Factory Calendar Indicator for MetaTrader 5 - Free - [TradingFinder]

The Forex Factory Calendar Indicator (FF Calendar) provides economic event details directly on the chart.

This MetaTrader 5 news indicator notifies traders about the timing of key economic reports, including employment data, inflation rates, and GDP figures.

This tool retrieves data from Forex Factory using the "Web Request" function and displays it on the MT5 chart.

Steps to Set Up the "FF Calendar" Indicator

To run the Forex Factory Calendar Indicator, the first step is to configure MetaTrader 5 to receive live economic data from Forex Factory.

#1 Forex Factory Calendar Page

To integrate the Forex Factory Calendar Indicator with MetaTrader 5, visit the Forex Factory website and navigate to the "Calendar" section. Under "Weekly Export," select and copy the CSV formatted weekly calendar link.

Next, copy the highlighted portion of the link, as shown below.

#2 "Options" Section

In MetaTrader 5, go to "Tools" and select "Options" to apply the required settings.

#3 Adding the Link & Running the Indicator

First, in the "Expert Advisors" tab, check the "Allow Web Request for listed URL" option.

Then, click "Add New URL" and paste the copied Forex Factory link. Once these steps are completed, the indicator will be activated.

Forex Factory Calendar Indicator Specifications

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

Bullish Trend Conditions

Based on the 1-hour chart of the Euro to Canadian Dollar currency pair (CAD/EUR), the “FF Calendar” indicator displays vital and influential news in a tabular format.

Vertical lines are drawn corresponding to the release time of each news item, and the price at the moment of the news announcement may show an upward reaction.

Bearish Trend Conditions

In the 30-minute silver (XAG/USD) chart, news events appear as tables and vertical lines on the chart. The image shows that prices decline following news releases, indicating a bearish reaction.

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

The Forex Factory Calendar Indicator (FF Calendar) displays economic news events on the chart using a table format and vertical lines.

This MetaTrader 5 trading assist retrieves real-time data from Forex Factory via Web Request, ensuring traders stay updated.

As different financial instruments react uniquely to economic reports, traders can integrate this indicator to combine fundamental and technical analysis for more informed trading decisions.