Free Forex Newsreader
Posted on 25. Sep, 2009 by admin in Random Noise
Although I am not that much into news trading, I thought I would tell you about this cool MT4 indicator anyway. The indicator is called IN10TION NewsReader, and it is free. The indicator will show up on your metatrader platform, and refresh every 3 second around news events. The actual number will then be posted in a small box.
Since it is extracting the news from forexfactory, it is obviously not the fastest thing on the planet, but it does work rather well. This is not a tool which should be applied to spike trading, but it is a nice extra feature to have on the screen when trading. You need to be a member of Forex-tsd forum (also free) in order to download it. Check it out here.
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Trackbacks/Pingbacks
[...] few days ago I wrote a post about a free forex newsreader. It is working properly but not the best option if you like to trade the news, as it extracts the [...]
[...] 10: Forex NewsReader: Forex NewsReader can be plugged into MetaTrader and it will show you details about upcoming news events, in the top right corner. This way you don’t need to have your browser open, in order to see the results of fundamental news releases, or be informed about upcoming news. One disadvantage is that the data it uses is from forexfactory, which means that you will have to wait a minute or two before the actual numbers are posted. However, if you don’t trade the news, but simply want the information because you plan on entering a trade later on, this should be a good option. [...]