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MT5-Economic news on chart

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Visualization of the economic events on the chart

My #1 Utility: includes 65+ functions, including this indicator  | Contact me if you have any questions  | MT4 version

The indicator draws a vertical lines, showing you when economic news are coming.

In the input settings you can adjust:

  • Only for the current Symbol : if true, only events for the selected symbol will be displayed.
  • Show past events : if true, past events will remain on the chart.
  • Color : separately for 3 types of events.
  • Broker time from GMT: set the time difference of your broker, compared to the Greenwich Mean Time.
  • You can use [Auto time synchronization] option instead: time will be synchronized if the market is open.
  • When setting the time manually:
    Broker's time can be checked on the 'Market watch' (View -> Market Watch);
    If GMT = 17:30, and the broker's time = 19:30: value should be +2 (hours).
    If GMT = 17:30, and the broker's time = 16:30: value should be -1 (hour).

The program file should be placed to the " Experts " folder.

The tool needs your permission to access an external news website:

  1. In the terminal, go to the Tools -> Options (Ctrl+O) -> Expert Advisors:
  2. Activate 'Allow WebRequest for listed URL' option;
  3. Add URL " https://ec.forexprostools.com/ " to the list;