MT4 News Indicator (Dashboard)
MT4 News Indicator displays past and upcoming economic calendar events directly on the MetaTrader 4 chart. It includes event name, time, currency, impact level, and publication status, with data sourced from the Forex economic calendar. The dashboard format provides a structured view of macroeconomic releases for analysis within the trading platform.
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What the News Indicator Does
MT4 News Indicator displays past and upcoming Forex economic calendar events directly on the chart, including scheduled release times and key event details within the platform.
The indicator info panel contains the key event data on one chart. Displaying economic news directly in the trading terminal, it eliminates the need for the trader to search for the events on the Internet and allows users to focus on chart analysis without switching between external sources. The indicator always displays current data and is updated online. The news source is the Myfxbook economic calendar, well known among traders.
Economic calendar data reflects scheduled macroeconomic releases and does not predict future market behavior. All information should be interpreted within a broader analytical context.
How to Interpret and Use the News Indicator
MT4 News Indicator is a technical tool that helps monitor scheduled economic events within the platform. Therefore, for the convenience of its use, it is not overloaded with unnecessary information and contains only the most important data for structured analysis.
Info Panel Data
- Day and Time: Day and time of a news event;
- Symbol: The currency that will be affected by the publication of the economic data. The indicator displays news for each currency pair available on Forex market;
- Name: Name of the report/event of the economic calendar. Upcoming events are displayed both in the information panel and on the chart in the form of a vertical line with a listing of the main data and in accordance with the news release time;
- Impact: Assessment of the event’s relative importance. The information panel displays 2 types of major economic events, the color and significance of which depend on the assessment of their importance: HIGH (Red) — high level of influence and MEDIUM (Orange) — medium level of influence;
- Influence: The actual assessment of the impact of published data. The assessment is carried out according to 3 variants of the development of events: coincidence with the forecast (NO influence) (NO is also used for the events that are still expected), BETTER — the data turned out to be better than the forecast, and WORSE — the data turned out to be worse than expected;
- Status: Shows the current status of the event: publication of the data is expected, or the event has already been published.
Panel Placement
Another important point in terms of ease of use of the indicator is the location of the information panel in a separate window under the chart. This solution allows you to view the chart without interference and adjust the size of the indicator panel based on your personal preferences.
Economic calendar events are widely used in fundamental analysis within Forex markets and, in our opinion, the news indicator can be used as an additional analytical tool within a broader trading approach.
System Requirements & Installation
What you need to run the indicator, how to download and install it in MetaTrader 4, and how the license works.
System Requirements
- Platform
- MetaTrader 4 (Desktop)
- Operating system
- Windows 10 or Windows 11
- Instruments
- Forex pairs, metals, indices, CFDs and other symbols available from your broker in MetaTrader 4
- Data
- Your broker’s price feed in MetaTrader 4
Not available on MetaTrader 4 Web or Mobile. Custom indicators run in the MetaTrader 4 desktop terminal only.
License Terms
- Lifetime License
- This indicator only, 1 live and 1 demo account, one-time payment, free updates included.
- All-Access Subscription
- All indicators and trade copiers, billed monthly, cancel anytime, updates included while the subscription is active.
- Free trial
- 5 days on the subscription plan. If not cancelled, the subscription starts automatically.
- License binding
- Linked to your email and to your MetaTrader 4 trading accounts: one live account and one demo account.
- Computers
- Not restricted. The license is linked to your trading accounts, not to a specific computer.
Installation
- Get access
Start the free trial, subscribe, or buy a lifetime license on this page.
- Download
The indicator is not sent by email. Open (top right of this page) and enter the email you used for your trial, subscription or purchase. The indicator file (.ex4) downloads to your computer.
- Copy to the MetaTrader 4 data folder
In MetaTrader 4, go to
File → Open Data Folder, openMQL4 → Indicatorsand copy the downloaded .ex4 file there. - Add to a chart
Restart MetaTrader 4 or right-click Indicators in the Navigator window and select Refresh. Then drag the indicator from the Navigator onto a chart.
- Activate the license
In the indicator inputs, enter the same email. On first activation, the license is linked to that email and to the trading account the terminal is logged into.
If MetaTrader 4 asks for additional permissions when the indicator is attached, such as DLL imports or WebRequest access, allow them in the indicator’s Common tab or under
Tools → Options → Expert Advisors.
Updating: When a new version is released, download it again through and replace the existing .ex4 file in the same folder.
Installation questions? Contact support, Monday to Friday.
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"Best Seller" and "Trending" reflect Nordman Algorithms sales and usage data, January–September 2026.
Disclaimer — Software Use & Risk Disclosure
Nordman Algorithms is a trade name of Nordman Algorithms OÜ (Reg. No. 14435535), registered in Tallinn, Estonia.
Software Use
Software Nature & User Responsibility — Nordman Algorithms provides algorithmic software tools for technical analysis. Nordman Algorithms is not a financial advisor and is not liable for any losses. All trades conducted based on the software’s output are executed at the user’s sole discretion and risk.
Visual Markers & Signal Disclosure — This software may display visual markers (such as arrows, dots, or alerts) when predefined mathematical conditions are met. These markers are provided for educational and analytical purposes only, must not be interpreted as financial guidance, and do not constitute a recommendation to buy, sell, or hold any financial instrument. Users must independently validate all visual cues within their own trading methodology.
No Financial Advice — Nordman Algorithms does not provide discretionary trading signals, investment advice, or managed signal services. Our software represents a mathematical visualization of historical and real-time data. The appearance of a visual marker does not guarantee a profitable trade or predict future market behavior.
Read the full Terms of Service →Risk Disclosure
Trading Risk Warning — Futures, Forex, and options trading involve significant risk. Risk capital is money that can be lost without jeopardizing financial security. Only risk capital should be used for trading. Past performance is not indicative of future results. An investor could potentially lose all or more than the initial amount committed.
ESMA Risk Warning — Financial instruments, especially those involving leverage such as CFDs and Forex, are complex and carry a high risk of rapid financial loss. Our software provides analytical outputs and visual markers based on predefined mathematical conditions and does not mitigate or reduce inherent market risks. You should carefully consider whether you understand how leveraged financial instruments work and whether you can afford the high risk of losing your capital.
CFTC Rule 4.41 — Hypothetical or simulated performance results have inherent limitations. Unlike actual performance records, simulated results do not represent real trading. Because trades have not actually been executed, these results may under- or over-compensate for the impact of market factors such as liquidity. Simulated results are also subject to the benefit of hindsight. No representation is being made that any account will achieve profits or losses similar to those shown.
Read the full Risk Disclosure →Trademark Notice — MetaTrader 4 and MT4 are trademarks of MetaQuotes Ltd. Nordman Algorithms is an independent software developer and is not affiliated with, sponsored by, or endorsed by MetaQuotes Ltd. References to MetaTrader 4 identify software compatibility. Myfxbook is a trademark of its respective owner. Economic calendar data is sourced from Myfxbook; Nordman Algorithms is not affiliated with, endorsed by, or sponsored by Myfxbook.
Need a different setup?
We can customize this indicator to your requirements: add new features, change the calculation logic, or combine several tools into a single solution. We also build Expert Advisors on your own logic, with configurable modules such as dynamic risk parameters, multi-stage trailing stops and additional confirmation filters.
Every project is delivered with full source code and post-delivery support. Fixed-price quote before development begins.
