FWS Storm Watch Economic News Radar

  • Utilities
  • Maya Roma Oberholzer
    Maya Roma Oberholzer

    Maya Roma Oberholzer

    A Senior Software Analyst Programmer with a strong software solutions architecture background and has 20+ years of experience in the IT Industry and technologies.
    From 2003 to 2006 - contracting in the UK for four years to various well known corporate companies and the UK government.
  • Version: 1.1
  • Updated: 10 May 2026

⛈️ FWS Storm Watch — Economic News Radar & Storm Warning System

Never get blindsided by news again.

Storm Watch monitors the MT5 Economic Calendar in real time, filters upcoming events by currency and impact level, calculates a weather-style severity rating, and alerts you before high-impact releases. All from a compact on-chart panel with a stunning browser-based web dashboard.

Part of the Forex Weather Station suite. Uses MT5's built-in calendar.

📊 What It Shows

  • Severity Rating — Weather-style alert level: 🌤️ CALM → ⛅ CLOUDY → 🌧️ RAIN → ⛈️ STORM → 🌪️ HURRICANE
  • Up to 6 Upcoming Events — Currency, impact level (⚡⚡⚡), event name, and countdown timer
  • Smart Countdown — Shows "NOW" for live events, minutes for near events, hours+minutes for distant
  • Impact Counters — Total high-impact and medium-impact events remaining in your time window
  • Next High Event Banner — Always shows what's coming next at the top of the panel
  • Past Event Display — Recently released events shown as "DONE" (faded) for 5 minutes
  • Time Zone Toggle — Display in UTC, Local Time, or New York (ET with auto DST)

🌐 Stunning HTML Web Dashboard

Click "Open Web View" on the panel to launch a beautiful browser-based dashboard featuring:

  • Large severity card with weather icon and current threat level
  • Full event list with currency badges, impact dots, and countdowns
  • Statistics grid: High Impact, Medium Impact, Total events
  • Glassmorphism dark theme matching the Forex Weather Station design language
  • LIVE connection — updates every 5 seconds from MT5 data
  • Bookmark the URL once, access with one click forever

The web dashboard reads live data written by the indicator to MQL5/Files/FWS/. Open the HTML file in any browser — it auto-refreshes automatically.

🌪️ Severity System — How It Works

Level Icon Condition What It Means
CALM 🌤️ No events within 4 hours Safe to trade freely
CLOUDY ⛅ Events within 4 hours Be aware, plan ahead
RAIN 🌧️ Medium-impact within 60 min Caution, tighten stops
STORM ⛈️ 1 high-impact within 60 min High risk, consider closing positions
HURRICANE 🌪️ 2+ high-impact within 60 min Extreme risk — stay flat or hedge

🔔 Audio Alerts

  • Automatic sound alert before high-impact events (configurable minutes)
  • MT5 Alert popup with event name, currency, and countdown
  • Each event alerts only once — no spam
  • Custom alert sound file supported

✨ Key Features

  • 8-Currency Filter — Toggle USD, EUR, GBP, JPY, AUD, CAD, NZD, CHF individually
  • 3-Level Impact Filter — Show/hide LOW, MEDIUM, HIGH impact events
  • 4 Time Horizons — Next 4 Hours, Today, Next 24 Hours, or This Week
  • Draggable panel — click the border and drag anywhere on your chart
  • Minimise button — collapse to a compact title bar with [-]
  • Three time zones — UTC, Local, or New York (auto EDT/EST detection)
  • Fully customisable — all colours, font, font size adjustable in settings
  • Lightweight — no buffers, no plotting, minimal CPU usage
  • JSON data bridge — writes event state for integration with other tools
  • No DLL required — pure MQL5, marketplace-compliant
  • No external API — uses MT5's built-in Economic Calendar (CalendarValueHistory)

⚙️ Input Parameters

Parameter Description Default
InpPanelX / Y Panel position on chart (pixels) 20, 50
InpTimeHorizon How far ahead to scan: 4H / Today / 24H / Week Today
InpUSD–InpCHF Toggle each of the 8 major currencies All ON
InpShowLow/Med/High Filter by impact level Med+High ON
InpAudioAlert Enable/disable alert sounds ON
InpAlertMinutes How many minutes before event to alert 15
InpAlertSound Custom sound file name alert2.wav
InpTimeDisplay Time zone: UTC / Local / New York (ET) UTC
InpFont / InpFontSize Font name and size Consolas / 9pt
InpColor* All panel colours customisable Dark theme
InpWriteJSON Enable JSON/HTML data output true
InpEnableWebBtn Show "Open Web View" button true

📦 What's Included

  1. MQL5 Indicator — Compact 340px on-chart panel (drag, minimise, timezone toggle)
  2. HTML Web Dashboard — Auto-generated to MQL5/Files/FWS/stormwatch.html
  3. JSON Data Bridge — Event state written every 5 seconds for external integration

🔧 Quick Start

  1. Attach the indicator to any chart (any symbol, any timeframe)
  2. The panel appears showing current severity level and upcoming events
  3. Click "Open Web View" for the full browser dashboard
  4. The file path is shown in the Experts tab — paste it into your browser
  5. Bookmark the URL for instant one-click access in the future
  6. Configure currency filters and impact levels in indicator settings

🔌 Part of the Forex Weather Station Suite

Module 2 of the Forex Weather Station — a suite of 7 specialised trading tools that each work standalone or combine into a unified premium dashboard:

# Module What It Does Price
1 🌊 Tide Clock Session clock & activity monitor FREE
2 ⛈️ Storm Watch (this) Economic news radar & impact alerts FREE
3 💨 Pair Bias Multi-timeframe directional bias
4 🌡️ Currency Strength 8-currency strength meter
5 🔗 Pair Correlation Correlation matrix to avoid doubling
6 📡 Pullback Radar Multi-pair pullback pipeline scanner
7 🧭 Navigator Trade signal scorer combining all modules
★ 🌦️ Weather Station All 7 modules + master HTML dashboard

Each module writes data to a shared JSON bridge. The premium Weather Station bundle combines everything into one stunning real-time dashboard.

⚠️ Requirements

  • MetaTrader 5 (build 3000+)
  • Works on any symbol, any timeframe (uses MT5 Economic Calendar, not chart data)
  • Web dashboard requires a modern browser (Chrome, Edge, Firefox)
  • No DLL imports required
  • No external API or API key required

💡 Tips

  • Minimise the panel with [-] when you need more chart space
  • Drag the panel by its border to reposition
  • The web view URL stays the same — bookmark it for instant access
  • Set time horizon to "This Week" on Sunday evening to plan your week
  • Set time horizon to "Next 4 Hours" when actively trading for focused view
  • Combine with Tide Clock (free) for complete session + news awareness
  • The JSON file at Files/FWS/stormwatch.json can be read by scripts, EAs, or external tools

By Trading Edge — tradingedge.online

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HINN MagicEntry Extra
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LIMITED SUMMER SALE -40% !   ONLY $30 insead of $50!  Maximum real discount! HINN MAGIC ENTRY – the ultimate tool for entry and position management! Place orders by selecting a level directly on the chart! full description   ::  demo-version  :: 60-sec-video-description Key features: - Market, limit, and pending orders - Automatic lot size calculation - Automatic spread and commission accounting - Unlimited partitial take-profits  - Breakeven and trailing stop-loss and take-profit  functions -
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Timeless Charts is an all-in-one trading utility for professional traders. It combines custom chart types such as Seconds Charts and Renko with advanced order flow analysis using Footprints , Clusters , Volume Profiles , VWAP studies, and anchored analysis tools for deeper market insight. Trading and position management are handled directly from the chart through an integrated trade management panel , while Market Replay and Virtual Accounts provide environments for practicing trading skills and
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Footprint Chart Pro — Professional OrderFlow EA for MetaTrader 5 Version 6.34 | Professional tool for real traders | Institutional-Grade Visualization DEMO USERS - PLEASE SELECT EVERY TICK / REAL TICK WHEN TESTING AND YOU HAVE DOWNLOADED HISTORICAL DATA. IF YOU SEE A WAITING SCREEN AND IT IS NOT DOWNLOADING, IT MEANS YOU HAVE LOW HISTORICAL DATA. TRY 1 MIN AND 5 MIN FIRST ON 1 DAY DATA. ONE DAY DATA SHOULD BE THE NEWEST AND MOST CURRENT DATE. PLEASE WAIT UNTIL THE MARKET HAS ROLLED OVER PERIOD.
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