T-NewsTimer indicator

T-NewsTimer indicator – tool for that displays economic news on chart. Analog of our News Calendar Indicator

We are all used to the various Economic Calendars available online. They are the go to information sites once we want to know which economic event is about to happen and get ready either to trade it, or adjust our trading strategies appropriately. For example ProfitF Economic Calendar online

What is the T-News Timer?

T-News Timer Metatrader 4 indicator enables traders access upcoming economics news directly on their charts without having to go to their browsers to open the web-based economic calendars. The indicator appears on the corner of the chart on your MT4 platform showing the time remaining until the next economic event for the particular pair on the chart.

The T-News Timer on Upper Left Chart Corner

To get more information on the upcoming news event, one can hover on the timer using the mouse cursor. A pop-up then appears showing more details on the economic event including the previous outcome and the forecasted figure for the event.

The TNews Timer showing more information on mouse hover

Let us look at the “Forex NewsTimer” features:

Currency Pair detection; the T-News Timer will detect the currency pair on the chart and show only the economic events related to that currency pair only. This removes the need to filter out the events that will affect the pair on the current chart.

Economic Event Strength; T-News Timer color codes economic events with different colors depending on its impact. By default, white represents low impact events, orange represents medium impact events and red represents high impact events.

Alerts; T-News Timer will show alerts a set number of minutes before the economic event is released. It has both pop-up and sound alerts.

Email Support

ForexNewsTimer Shows multiple economic events

Fully Customizable (Let us look at some of the customizable features):

• Chart Corner; One can choose the chart corner that the T-News Timer is to appear, the default is the upper left chart corner.
• Background of the information display popup, the default is black. This can be customized to match with the background of your overall chart.
• Show Current News for; this feature allows the user to set the number of seconds the current event will be shown on the chart after it is released.
• Display News History; this is a beta feature of the T-News Timer which draws a vertical line on the bar where the economic event was released.
• Set colors for low, medium and high impact news events
• Set size and color of the text on the T-News Timer indicator

T-News Timer comes with an installer for easy installation to your MT4 platforms. You will also find several videos guiding through the process of installation, use, troubleshooting as well as authentication.

Conclusion

For any serious trader, keeping track of important economic events is crucial to success and profitability. Having this information directly on your trading platform saves time and brings a lot of convenience while trading. The T-News Timer is clean in design and appears on the corner of your chart, hence does not fill half or the entire chart giving you enough space for your technical analysis. It only shows additional important information as a pop-up on mouse hover when you need it, this is a very important feature that other information indicators lack in design.

Alternative of this indicator –  tool ” News as lines on MT4 chart“