News Hound

News Hound for MT4 / MT5

A professional economic news calendar for every chart — MT4 and MT5 — from the same trusted MQL5.com source.

MetaTrader 5 has a built-in economic calendar. MetaTrader 4 doesn't. This tool fixes that — and gives you a single, shared news feed that every chart on your PC or VPS can read, in both platforms.

Why I built it

This is the foundation for something bigger.

All my upcoming Expert Advisors are built around this news engine. Instead of locking news filtering inside each EA (the way most products do), I'm releasing the news system openly, so that:

  • You can see for yourself how accurate and reliable the news feed is, before you use any of my EAs
  • When you do use one of my EAs, it plugs straight into this shared news DB — no duplicate downloads, no third-party calendar service
  • Every one of my EAs gets the same benefit: news-aware trading on both MT4 and MT5, with full backtest support using real historical news
  • And mostly importantly, you can backtest and optimise your EA setting with this indicator, MT4 or MT5 EA.  

If you already have this installed, all my future EAs will "just work" with news filtering out of the box — on MT4 and MT5.

MT4 vs MT5 — what's the difference?

MetaTrader 5 is the source. Only MT5 can download news from MQL5.com. On your MT5 chart, this indicator fetches the calendar, filters it the way you want, and saves it to a shared folder on your computer.

MetaTrader 4 is the reader. MT4 cannot download news by itself. So the MT4 version of this indicator reads the news that MT5 already saved — no internet call, no API, no login. It simply displays the same news on your MT4 charts.

The bottom line: you must have MT5 (full version) installed on the same computer or VPS as your MT4. MT5 quietly keeps the news up to date in the background; MT4 just reads it.

How to use it on MT4

  1. Install MetaTrader 5 on the same PC or VPS as your MT4 (even if you only trade on MT4, you can run MT5 empty, with no account logged in, just for the news).
  2. Drop the MT5 indicator on any one MT5 chart. It will silently keep the news up to date in the background.
  3. Drop the MT4 indicator on as many MT4 charts as you want. Each chart will display the news. That's it.

You can close the MT5 chart's window, minimize MT5, or run it in the background — as long as MT5 is running somewhere on the machine, MT4 gets fresh news.

Why you'll love it

One news source, everywhere Install once on an MT5 chart. Every other chart — on MT4 or MT5 — picks up the same news automatically. No duplicate downloads, no mismatched calendars.

Clean, live on-chart display Upcoming and recent news, sorted around the current time line, with a live countdown updating every second — "EUR CPI — in 14 min", "USD NFP — 3h 22m ago". Shown in your broker's time, so it matches your chart.

Filter out the noise

  • Currencies: USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD — plus any minor currency you want
  • Importance: High, Medium, Low, Bank Holidays
  • Keywords in the event title (e.g. only "Rate Decision" and "CPI")

Powers news-aware EAs — including all my future EAs

  • Live trading: my EAs automatically pause around the news events you chose, on both MT4 and MT5
  • Backtesting: because the news history is saved, you can backtest with real historical news — something MT4 users have never been able to do before, and something most MT5 news tools don't even support

Multiple filter profiles Run several charts with different filter setups. One profile for your scalper EA, another for your swing EA — each one isolated and independent.

Fast and lag-free Designed to be invisible. Scrolling, zooming, and timeframe switching stay smooth.

Perfect for

  • MT4 users finally getting a proper MQL5.com-sourced economic calendar
  • Manual traders wanting a clean customizable news panel
  • Anyone planning to use one of my EAs — this is the news engine behind them
  • Multi-chart / multi-terminal setups

What you get

  • News calendar indicator for MetaTrader 5 (fetcher + display)
  • News calendar indicator for MetaTrader 4 (reader + display)
  • Full color, font, spacing, and layout customization
  • Forward compatibility with all my current and future EAs

Requirements

  • Windows PC or VPS
  • MetaTrader 5 (full version) installed on the same machine, running in the background (no trading account required)
  • MT4 terminals on the same machine share the feed automatically
  • Economic Calendar must be enabled in MT5 (on by default)

Install it once. Get news on every chart. And when you pick up one of my EAs — live or in backtest — it just works, on MT4 and MT5 alike.


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