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How to display Forex economic calendar data in a chart

Updated on 2011-11-03 05:49:33

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If you haven't yet downloaded intraday data for your currency pairs, use the following item (Forex Intraday Data) to get one-minute bar data.

Calendar data can be downloaded using the following item: Currency Pairs Calendar Data.

Note that in both items, times are expressed in Greenwich Mean Time and about ten years worth of data is available.

Steps:

- Select "Download" then "Download Manager"
- Select "Currency pairs calendar data" item then click on "Open Selected Downloader"
- Click on "Start Downloading" then wait until the download process completes

Economic calendar data is saved in a custom intraday database.

- Select a EURUSD chart and set an intraday time frame
- Select "Tools" then "Database Data"
- Next to database, select "economic_cal"
- Click on "Show data on chart" (located at bottom) to display economic calendar data on the EURUSD chart
- Click on any "D" rectangle (or arrow depending on your Settings) to display the release description in a tooltip.






NB:
You can update columns view by selecting "Column Settings"
You can filter economic releases by typing a keyword next to "Search" then selecting a column (next to the search keyword)

Here are some trading indicators based on economic releases:
Economic events surprise
Forex Trading Indicator - Better than expected Economic Calendar Events
Forex Trading Indicator - Percent Positive Economic Calendar Releases








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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.