Economic news panel
- Indicadores
- Versão: 1.0
# Economic News Panel — Free Calendar & No-Trade Zone Indicator
**Know when NOT to trade — at a glance.**
Economic News Panel is a lightweight, non-repainting tool that puts MetaTrader 5's built-in Economic Calendar directly on your chart. No manual calendar checking, no external websites, no WebRequest or third-party API required — it reads straight from MT5's native calendar database.
## What it does
The panel shows, in real time:
- Whether it's currently **OK TO TRADE** or you're inside a **DO NOT TRADE** zone
- A live countdown to the next relevant news release (or to when it's safe to trade again)
- A list of upcoming news events, color-coded by impact (High / Medium / Low)
When a high or medium impact release is approaching, the panel switches to a red warning with the event name, and automatically blocks the zone for a configurable number of minutes before *and* after the release — exactly the window most traders are told to avoid.
## Key Features
- 100% native MT5 Economic Calendar — always up to date, no internet scraping
- Adjustable no-trade window (minutes before / after each release)
- Filter by impact level: Low / Medium / High
- Customizable look-ahead window (how far in advance to scan)
- Pop-up, sound, and mobile push alerts before each release
- Fully customizable panel: position, colors, font size, number of events shown
- Zero repainting — it's a display tool, not a signal generator
- Works on any symbol: Forex pairs, Gold (XAUUSD), indices, etc.
## Currency filter — the important part
By default the indicator watches **USD** news. But you don't have to touch this for every chart:
> **Leave the "Currencies" input empty and the indicator automatically detects both the base and quote currency of whichever symbol it's attached to.**
Drop it on EURUSD → it watches EUR and USD. Drop it on GBPJPY → it watches GBP and JPY. Drop it on XAUUSD → it watches USD. One indicator, every pair, zero manual setup — or set your own currency list manually (e.g. `EUR,USD`) if you prefer full control.
## Recommended for
Any discretionary or semi-automated trader who wants a fast visual reminder of upcoming fundamental risk without switching to a calendar website or running a separate app — especially useful for volatile instruments like Gold and major Forex pairs around NFP, CPI, central bank speeches, and rate decisions.
## Requirements
- MetaTrader 5 (this uses MT5's Calendar API — not available on MT4)
- An active demo or live connection so the terminal's calendar stays synced
## Support
Feedback and feature requests are welcome — if you run into a broker whose calendar feed behaves differently, let me know and I'll take a look.
