specifies for how many hours ago and ahead news must be shown on your chart. It is a simple indicator that uses some period to find the highest and the lowest points and mark them with the dots. If several news on various currencies come out at the same time, they will be grouped together. Do you want to share your own custom MetaTrader indicator for this page?
The benefit of this indicator is that it doesnt have a sharp-looking appearance and divert your attention too much. A huge collection of 2500 free indicators, oscillators, trading systems expert advisors for MT 4 and MT5 trading platforms.
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The code is simplified but it has the same output on the chart screen. Detrended Price Oscillator mT4, MT5 ) a version of the price oscillator that works well for the detection of the short-term changes in the trend. The Forex News Indicator Customization, its custom settings are intuitively clear, so let us explain only those that might be difficult for you to understand. The ideas implemented in the given indicator are as follows: Practicing traders must know that economic data (figures) releases rarely determine the future price direction. News can be usually divided into three groups by their importance,.e.