NinjaTrader News Indicator

News Indicator for NinjaTrader
NinjaTrader News Indicator is a tool that integrates economic calendar data directly into the NinjaTrader chart. The indicator displays key parameters of each event, including the date and time, the associated instrument symbol, the event name, the impact level, the previous value, the forecast, the actual result, the influence interpretation (no, better, worse), and the event status (Issued or Awaited), along with the remaining time until the release.

NinjaTrader News Indicator

NinjaTrader News Indicator is a specialized tool that integrates economic calendar data from Myfxbook directly into the NinjaTrader platform. Instead of switching between the terminal and external websites, traders receive all essential information about upcoming and past releases right on the chart.

NinjaTrader News Indicator

The relevance of this approach follows from the very nature of financial markets: major macroeconomic publications act as powerful drivers of volatility. They can drastically reshape short-term market structure, affect liquidity, and trigger impulsive price movements. For this reason, understanding the news environment is an essential component of comprehensive market analysis.

The core idea behind the NinjaTrader News Indicator is to synchronize the price chart with the flow of macroeconomic events. The indicator converts dispersed calendar data into structured on-chart markers and a tabular view, creating a direct link between fundamental releases and price behavior. Its purpose is not merely to notify the trader about an upcoming event, but to provide context: expected impact, previous reading, forecast, actual result, and the deviation from market expectations.

This approach allows traders to incorporate news into technical analysis and treat it as part of their decision-making framework. The indicator helps traders:

  • view all relevant news information directly on the chart without switching between services;
  • account for scheduled releases when determining trading windows;
  • compare price behavior with the characteristics of a specific event;
  • analyze how the actual data compares to the forecast (Actual vs. Forecast).

 

The News Indicator for NinjaTrader does not replace a trading strategy, but it significantly enhances analytical precision. It helps traders integrate fundamental factors into chart analysis and interpret price action in the context of real economic events, leading to more informed and balanced trading decisions.

 

How to trade using News Indicator?

NinjaTrader News Indicator provides a structured and fully configurable display of macroeconomic events directly on the price chart and in a dedicated dashboard. The indicator shows two categories of news:

News Signals Indicator for NinjaTrader

  • events that have already been issued, along with their actual values;
  • upcoming events, with a countdown showing the time remaining until release.

 

The dashboard is customizable: traders can choose to display only issued events, only awaited events, or any balanced combination (for example, the last five released and the next five upcoming).

NinjaTrader economic calendar indicator dashboard

The dashboard includes the following data for each event:

  • Date and time of the publication;
  • Symbol of the affected instrument. All events are displayed in the dashboard, while the chart shows only those related to the instrument currently plotted;
  • Event name;
  • Impact (low, medium, high) — a measure of expected volatility. High-impact releases often correlate with sharp movements and increased risk. The indicator also includes an Impact-level filter, allowing traders to display only low-, medium-, or high-impact events depending on their analytical objectives;
  • Previous / Forecast / Actual — a set of values providing insight into market expectations and the magnitude of deviation. Comparing forecasted and actual figures helps. evaluate whether expectations were met, how sentiment may shift, and whether the result may generate an impulsive move;
  • Influence (better, worse, no) — a simplified interpretation of Actual relative to Forecast;
  • Status (Issued or Awaited);
  • Time left until the upcoming release.

 

All these data points appear on both the chart and in the table, enabling traders to analyze price behavior in real time and in retrospect.  The indicator also supports alerts, including pre-event notifications that can be triggered a specified number of minutes before the news release.

 

Practical Application

Pre-Event Analysis (Planning and Risk Assessment)

Before the release, the indicator provides the trader with everything needed to identify periods of elevated risk.

  • Symbol and Time: The trader sees which instrument may be affected and the exact release time.
  • Impact: Expected volatility level (Low, Medium, High). This allows for early risk evaluation and adjustment of position size or protective orders.
  • Forecast: The market’s expected value. Comparing Previous and Forecast helps form expectations ahead of the release.

This stage is fundamentally about proactive risk management. Early visibility of Time, Symbol, and Impact helps traders avoid exposure during unpredictable high-volatility periods—or consciously engage with them—focusing on capital management, not signal generation.

 

Real-Time Analysis (Reaction to the Release)

When the data is issued, the indicator immediately updates the event parameters:

  • Actual: The released value is displayed as soon as it becomes available.
  • Influence: Automatic interpretation of Actual relative to Forecast (better or worse), acting as a first-level filter for assessing potential directional pressure. A “better” result often strengthens the instrument, while a “worse” result may weaken it.
  • Status: The event status switches instantly from Awaited to Issued.

This enables the trader to evaluate in real time whether the market reaction aligns with the deviation from expectations.

 

Post-Event Analysis (Retrospective Market Evaluation)

After the release, event markers remain on the chart. This provides a basis for retrospective study—examining how a specific publication (such as a high-impact NFP report) influenced price, the strength of the resulting impulse, and the duration of the move.

Such historical context helps distinguish structural market shifts from noise and enhances overall understanding of how fundamental catalysts shape price behavior.

 

NinjaTrader News Indicator input parameters

The indicator has the following parameters:

NinjaTrader News Indicator parameters settings

Alerts – configure various types of alerts.

Enable Event Alert – Enables alerts for news events at the moment they are released.

Enable Event Pre-Alert – Enables pre-event alerts that notify the trader before the news is published.

Pre-Alert Minutes – Defines how many minutes before the release the pre-alert should be triggered.

Impact Filter (Show Low, Medium, High) – Activates filtering of events by their Impact level. Traders can choose to display only Low, Medium, High, or any combination of impact categories.

Show Metrics – Enables the display of key data fields: Previous, Forecast, and Actual.

Load Full History – Loads the complete available history of past economic events.

Event Display Settings – Configures how many events are shown in the dashboard and which types to display (Issued or Awaited), allowing the trader to control the balance between past and upcoming events.

 

Custom Programming

mt4 custom programming
We can upgrade the presented indicator to suit your needs – add new functions, change the algorithm for calculating signals, or combine it with your other indicator, turning it into a single powerful tool for your trading strategy.

We can also turn the indicator into an Automated Trading Strategy with an extended set of custom functions (stop loss, take profit, trailing stop, risk management parameters, trading time limit, and others).

Request a free consultation from our team of professional programmers and find out the cost and timing of your project development.

 

We Value Your Feedback

We are committed to the ongoing development and refinement of our indicators. If you’ve spotted a bug, feel that something essential is missing, or have ideas that could make the indicator even better, just send us a message. Your feedback helps us improve and deliver tools that truly meet traders’ needs.

 

Exposed Signal Plots for Algorithmic Strategy Builders (BloodHound, SharkIndicators & More)

Signal Plot Name
Signal Plot Values Description
  ImpactLow Value  
  ImpactMedium Value  
  ImpactHigh Value  
  NextImpactLow Value  
  NextImpactMedium Value  
  NextImpactHigh Value  
 

Disclaimer 

Nordman Algorithms is not liable for any risk that you face using the software. Please, use the software on your own responsibility. The software is coded in accordance with a common known concept and Nordman Algorithms does not guarantee accuracy or trading performance of the software signals.

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.

CFTC Rules 4.41 – Hypothetical or Simulated performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.

See other indicators on a single subscription
NinjaTrader Market Structure (BOS & CHOCH) Indicator
NinjaTrader Order Block Indicator
NinjaTrader Kill Zones Indicator