How to place newsfeed and trend indicators on terminal charts – Miscellaneous – April 20, 2024
News Impact L: https://www.mql5.com/en/market/product/107761
News
News sources can be one of the following: Terminal News Calendar or Website Investing.com
news impact It is designed to evaluate the news of all currency pairs and multi-currency trading at once.
If you want to ensure that every currency pair chart includes news, we recommend using: News Impact L indicator.
Filters are provided for news.
- By importance L (low), M (medium), H (high)
- Viewing period T (today), F (4 days), W (weeks)
- Symbol of currency pair
The graph displays vertical lines of news events along with hints.
You can turn on voice messages for the moment news is published.
The impact factor of Real News Value (NII) is calculated as follows:
The current news value in which it is published has properties that affect the currency to which it belongs. positive, negative, neutral. The indicator summarizes all values for a selected period, taking into account the importance of the news. High, medium, low Display it as a percentage on a graph (and also include a pie chart of news impact).
This allows you to predict course movements when one sign has more positive news and the other has more negative news.
news impact There is a panel with the NII table for the 12 characters, sorted in descending order of value, and you can click to load the selected character into the graph.
Trends
Trends are calculated over five configurable time periods.
The algorithm has settings for the number of bars used, filters, and calculation method.
- Open only
- Average opening/closing price
- Average highest/lowest
Results are displayed in the Trends panel in the form of levels of change in trend direction for each period.
These levels allow you to evaluate the nature of the trend movement of the currency pair.
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