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Download the Forex Factory Economic Calendar Indicator for MetaTrader 5 | Gold EA Download - MT4/MT5 Resources

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The Forex Factory Economic Calendar Indicator is a powerful tool for monitoring major economic events. This MetaTrader 5 indicator provides data on macroeconomic factors such as GDP growth rate , unemployment rate , central bank monetary policy changes , inflation indicators , and other influential statistics.

Forex Factory Economic Calendar Specification Sheet

The characteristics of the Forex Factory Economic Calendar indicator are shown in the table below.

Indicator categories: Liquidity Indicator MT5 Indicator Trading Assistant MT5 Indicator
MT5 Basic Indicators
MetaTrader 5 News Indicator
Platforms: MetaTrader 5 Indicators
Trading Skills: Intermediate
Indicator Types: MT5 indicator range
MT5 Breakout Indicator
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Intraday MT5 Indicators
Trading Tools: Forex MT5 Indicators

Uptrend Conditions

The XAU/USD (gold spot) is displayed on a one-hour time frame. At 13:30 broker time , major economic news about the US dollar is released.

If the news results are better than expected, they signal stronger economic growth , which could increase the value of gold . Conversely, lower-than-expected results could adversely affect the Company's results. gold price .

Forex Economic News Indicator at the Time of Release
Gold Spot Analysis Based on USD News Impact Using the Forex Factory Economic Calendar Indicator

downtrend conditions

The chart below shows the EUR/AUD chart in a 30-minute timeframe.

According to the economic news release schedule, major news euro will be released at 13:30 . If the results are above or below forecasts, this could cause severe market movements at the time of release.

Forex Factory Calendar Indicator
Assessing the impact of Euro news on the EUR/AUD Index using the Forex Factory Calendar indicator

Forex Factory Economic Calendar Indicator Settings

The image below shows the configuration panel of this MetaTrader 5 trading tool:

Forex Factory Calendar Indicator Settings
Settings panel of the Forex Factory Economic Calendar indicator
  • Include high-impact: Include high-impact events
  • Include medium impact: Include medium impact events
  • Include Low Impact: include low impact events
  • Show Panel: Display the Panel
  • Low Impact Color: Color of low impact events
  • Medium impact color: The color of medium impact events
  • High Impact Color: Color for high impact campaigns
  • Other Events Color: Color of other events
  • Hide event after (minutes): Hide event after (minutes)
  • Report for USD: USD report
  • Report for EUR: Report for Euro
  • Report for GBP: British pound report
  • Report for NZD: New Zealand Dollar Report
  • Report for JPY: Japanese Yen Report
  • Report for AUD: Australian dollar report
  • Report for CHF: Swiss franc report
  • Report for CAD: Canadian Dollar Report
  • Report for CNY: RMB report
  • minutes before first alarm: minutes before first alarm
  • Minutes before Second Alarm: Minutes before Second Alarm
  • Popup Alerts: Enable popup alerts
  • Sound Alerts: Enable sound alerts
  • Sound File Name: The name of the sound file
  • Send Email: Send email notification

Conclusion

The Forex Factory Economic Calendar Indicator is a powerful tool for displaying economic events as vertical lines on MetaTrader 5 charts. It supports filtering by trading symbols to provide accurate information. In addition, the corresponding row is automatically deleted from the chart after the message is published.

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