We use the economic news calendar built into metatrader
It's no secret how useful an economic news calendar app is for fundamental analysis.
It provides information on current and future events, as well as the most likely forecasts for changes in these events.
Today, there are numerous calendar options available on various websites, including ours - https://time-forex.com/kalendar
But the most user-friendly version is the one located directly in the MetaTrader trading platform, or more precisely, in version 5.
This app displays information on over 600 important indicators needed for forecasting exchange rates.
And you will see the following picture:
As a result, you receive a list of events for the current week, indicating parameters such as:
Trading changes – holidays are highlighted in red; on these days, there may be restrictions on forex trading for certain currency pairs .
Event – a brief description of the expected or already released news.
Priority – how important a given news item is in relation to the asset price.
Current – an indicator. For example, inflation, unemployment, or the key interest rate.
Forecast and Previous – analysts' forecasts for changes in the specified indicator and its previous value.
You can also filter the period for which news is displayed, by currency, country, or priority:
This means you can choose to display only the most important events for a specific currency pair.
Overall, the tool is no different from similar economic calendars, but its undeniable advantage is that it's located directly within the MetaTrader 5 trading platform.
Therefore, if you use this program for trading, don't forget about its economic calendar feature.
