Looking for a news feed calendar and alerts right on your MT4 charts?
You are in the right spot. In this post we go through the best news feed calendar for MT4 and how to use it.
Why News and Economic Events are Important When Trading
One thing that can shake the markets and create a huge spike is large news announcements and economic events.
No matter how well you have prepared your technical and price action analysis for your trade, if an important announcement comes out, then it has the ability to completely throw the market.
This is why it is so important you stay on top of what is happening both with world events and in general with upcoming news releases.
The big issue many traders face is that it can be incredibly time consuming going through all the different economic calendars and checking for different releases, especially when combined with carrying out analysis.
This is where using an indicator that places the news headlines directly on your chart can be very useful and save you a lot of time.
News Feed Calendar and Alert Indicator For MT4
There are a few news feed indicators available for Metatrader, however nearly all of them are either outdated or simply don’t work at all.
This free indicator from FX Trading Revolution works great and it shows you the latest news directly on your chart.
This indicator allows you to filter out the different news by using high, medium and low impact colours. You can also change the look and feel of the layout to suit your charts by changing the text size, the spacing and how many events to show.
This is a very useful indicator if you use economic news in any form in your trading and you can download and use it for free.
You can read more about and use the News Feed Calendar for MT4 here.
Note: Don’t know how to install and use these indicators? Read How to Download, Install and Use MT4 and MT5 Indicators.