In Forex its good to know when Major news are due. Having an MT4 News Calendar Indicator is a great way to not miss any news and to trade when you actually should not. Forex is dependent a lot on News releases. There are three types of news which are common. Low impact, Medium impact and High impact news. The MT4 news indicator takes the data from the forexfactory.com website and displays it on your chart. The forexfactory economic calendar is available free of cost. The MT4 news indicator allows traders to develop a news based trading strategy. This is sometimes referred to as a event driven trading strategy. The Economic Calendar Indicator allows you to set following parameters: Your broker GMT-zone shift = Here it is necessary to set the time shift (in hours) of your broker in the MT4 (server time), compared to the GMT time. Example: If the server time in your MT4 is currently 15:00 and the current GMT time is 14:00, the time shift is plus one hour. So enter "1" in "Your broker GMT-zone shift How to add FXSSI.Calendar in MT4. Follow the instructions below to install the Indicator to your MT4 terminal: Download the ZIP-archive with FXSSI.Calendar indicator file by clicking the link at the top of the page; Unzip the file into the MQL4/indicators folder of your terminal; Restart the MT4 terminal; FFC “Forex Factory Calendar” MQ4 indicator. This is a modified version of the popular news indicator FFCal which was published initially by DerkWehler to ForexFactory forum.
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