Discussing the article: "Trading with the MQL5 Economic Calendar (Part 3): Adding Currency, Importance, and Time Filters"

 

Check out the new article: Trading with the MQL5 Economic Calendar (Part 3): Adding Currency, Importance, and Time Filters.

In this article, we implement filters in the MQL5 Economic Calendar dashboard to refine news event displays by currency, importance, and time. We first establish filter criteria for each category and then integrate these into the dashboard to display only relevant events. Finally, we ensure each filter dynamically updates to provide traders with focused, real-time economic insights.

To refine our dashboard’s functionality, we must understand the purpose and benefits of each filter type: currency, importance, and time. The currency filter allows us to view economic events that specifically affect the currencies we are trading, making it easier to pinpoint relevant events that could impact our open positions. This filter helps streamline the dashboard by reducing information overload, focusing on only the currencies in our trading portfolio. In the trading terminal, MetaTrader 5, we can access and filter the news based on the currency by hovering over the Calendar tab, right-clicking inside it, and selecting either the preferred currency or country. Here is an illustration.

CURRENCY FILTER

Author: Allan Munene Mutiiria