NewsInfo Indicator and Auto News EA Stop: Mastering Market News on MT4

NewsInfo Indicator and Auto News EA Stop: Mastering Market News on MT4

In the dynamic realm of forex trading, staying ahead of economic news is a prerequisite for success. The "NewsInfo Indicator" stands out as a valuable ally for traders on the MetaTrader 4 platform, offering a comprehensive display of upcoming and past economic news directly on MT4 charts. This tool, now hosted on the DarkmoonFX website, not only keeps traders informed but also provides an essential function: the ability to automatically halt Forex Expert Advisors (EAs) before significant news events.

= Unveiling the Significance of Economic News

In the fast-paced world of forex, economic news can be a game-changer. The "NewsInfo Indicator" acknowledges this reality by displaying upcoming and past economic news events directly on MT4 charts. This not only aids manual traders in preparing for market shifts but also offers a crucial feature for EA users – the ability to automatically pause their robots before news events.

= Safeguarding Against Price Volatility

The rationale behind temporarily halting EAs is rooted in the potential for drastic price movements during significant news events. These movements can create false data for indicators and mislead EAs, leading to erroneous trading decisions and substantial losses. The "News EA Stop" feature within the "NewsInfo Indicator" addresses this concern by automatically disabling EAs before a news event and reactivating them after a predefined time.

= Features of NewsInfo Indicator

The "NewsInfo Indicator" is more than just a news display tool; it's an all-encompassing solution for traders:

=# 1. News Display

- **Upcoming News:** Showcases the last two and the next eight news events, complete with currency details, GMT date, time remaining, and previous, current, and predicted values if available.
 
=# 2. Timeline Lines

- **Visual Impact Indicators:** Displays news on the chart based on the actual broker date and time, with colors indicating the strength or impact of the news.

=# 3. Choice of News Providers

- **Customizable Source:** Users can choose from four news providers, including ForexFactory, Forex-TSD, DailyFX, and Myfxbook.

=# 4. Data Display

- **Comprehensive Information:** Displays previous, current, and predicted values associated with the news, if available.

=# 5. GMT Time and Trading Sessions

- **Global Time and Sessions:** Displays the current GMT time for convenience and maps the current global trading sessions.

=# 6. Currency and Impact Filtering

- **Tailored Information:** Users can filter news based on specific currencies and the impact strength of the news.

=# 7. Mobile Notifications

- **Stay Informed on the Go:** Sends notifications to the user's mobile phone minutes before a news event, leveraging MT4's built-in Notification Service.

=# 8. EA Deactivation

- **Risk Mitigation:** Temporarily turns off EAs running in MetaTrader before news events and reactivates them afterward. Keyword filtering for operation before specific news is also available.

=# 9. Developer Interfaces

- **Advanced Insights:** Provides interfaces for developers to check the indicator's last and next news indications.

• Recommend running this free forex EA on a VPS (Vultr)
• Low Spread ECN account is also recommended Icmarket and Exness

= Conclusion: Navigating Forex Markets with Confidence

In conclusion, the "NewsInfo Indicator" and its "Auto News EA Stop" feature are indispensable tools for forex traders on the MT4 platform. By seamlessly integrating comprehensive news data, compatibility with popular forex news providers, and safeguards against the unpredictable effects of news events, these tools empower traders to navigate the forex market with confidence and precision.

Explore the flexibility, functionality, and risk-management prowess of the "NewsInfo Indicator" and elevate your forex trading experience on MetaTrader 4.

Download

https://drive.google.com/file/d/1D0KA4MmW6eAq1nyrQOnMBEfKyrzTyJlE/view?usp=sharing