Meaning Of News Flags Colors in MT5

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Hi there.

Can someone please explain the meaning of the colors on the news flags? For example, there is red, white and green.

I still could not figure out the meaning of those colors. 


 

I think -

  • green is more than expected (actual value is more than forecast or more than previous one);
  • red is less than expected (actual value is less than forecast or more than previous one).

Example for red and green here https://www.mql5.com/en/economic-calendar

Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events
  • www.mql5.com
Economic Calendar – forex calendar with real-time forex news and reports, schedule of forthcoming world economy events. Economic calendar includes most important economic indicators and events from ministries and agencies of different countries. The Calendar is useful for traders in the forex market, stock exchanges and other financial markets.
 
Sergey Golubev:

I think -

  • green is more than expected (actual value is more than forecast or more than previous one);
  • red is less than expected (actual value is less than forecast or more than previous one).

Example for red and green here https://www.mql5.com/en/economic-calendar

Ah ok, makes sense, and the white ones seems to be the speeches and the events that have no forecast/values.

 
@Sergey Golubev

Hi there buddy, your colors theory is not holding up here:



The two USD events were supposed to be red.
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