Using an Economic Calendar to Mark Forex News on Trading Charts
Summary
This TradingView indicator imports and decodes Forex Factory news data, then filters events by currency and expected impact. It presents selected events in a chart table and can draw event lines and labels over price history. Currency selection can be automatic from the chart symbol or set manually, while impact levels, label placement, time display, and table appearance are configurable.
The script maintains current and upcoming event collections, sorts events, and can adjust their displayed times to a chosen timezone. Users can limit chart history to the current day, week, or a manually chosen lookback, with separate table choices for daily or weekly events. The tool is an event-awareness aid rather than a trading strategy: it does not model market reactions or provide evidence that trading around announcements is profitable. Its coverage relies on external data feeds and imported decoding utilities, and display limits vary with table size and chart timeframe.
Key ideas
- The indicator filters calendar events by currency and expected impact.
- It displays selected news as a table and can mark event times on the price chart.
- Timezone adjustment, history windows, and label and table presentation are configurable.
- The script limits supported chart intervals and adapts some daily views on daily charts.
- Calendar display provides context for event risk but does not measure price response or trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.