Forex Factory Calendar Indicator for MetaTrader 5 - Free - [TFlab] - MT4/MT5 Resource

The Forex Factory Calendar Indicator (FF Calendar) provides economic event details directly on the chart.

This trading tool informs traders about the schedule of major economic reports, including employment data, inflation and GDP data.

This MT5 indicator retrieves data from Forex Factory using the “Network Request” function and displays it on the MT5 chart.

Steps to Set Up the FF Calendar Indicator

To run the Forex Factory calendar indicator, the first step is to configure MetaTrader 5 to receive real-time economic data from Forex Factory.

#1 Forex Factory Calendar Page

To integrate the Forex Factory Calendar indicator using MetaTrader 5, visit the Forex Factory website and navigate to the "Calendar" section. Under "Weekly Export , " select and copy the Weekly Calendar link in CSV format.

Next, copy the highlighted portion of the link as shown below.

#2 “Options” Section

In MetaTrader 5 , go to "Tools" and select "Options" to apply the desired settings.

#3 Add link and run indicator

First, in the Expert Advisors tab, check the Allow web requests for listed URLs option.

Then, click "Add New URL" and paste the nfs.faireconomy.media link . After completing these steps, the indicator will be activated.

Forex Factory Calendar Indicator Specifications

The following table outlines the specifications and functions of the FF calendar indicator.

Forex Factory Calendar Indicator Overview

The Forex Factory Calendar indicator uses a tabular format to present news event names and release times.

Additionally, it categorizes news events by importance using red, orange, and yellow colors while drawing vertical lines on the chart to mark event times.

bullish trend conditions

Based on the Euro/Canadian Dollar currency pair (CAD/EUR) 1 hour chart, the “FF Calendar” indicator displays important and influential news in tabular format.

The vertical lines correspond to the time of each news release, and the price at the moment of news release may have an upward reaction.

Bearish trend conditions

In the 30-minute Silver (XAG/USD) chart, news events are displayed as tables and vertical lines on the chart. As can be seen from the chart, prices fell after the news release, indicating a bearish reaction.

Forex Factory Calendar Indicator Settings

The following figure shows the FF calendar indicator settings panel:

• Alerts: Enable alerts
• Notifications: Send news event notifications
• Alert Before News: Set the time interval
• High Impact News: Display news events with high-impact
• Medium Impact News: Display news events medium impact
• Low-Impact News: Display news events low-impact

Conclusion

The Forex Factory Calendar indicator (FF Calendar) displays economic news events on the chart using a tabular format and vertical lines.

This trading assistant retrieves real-time data from Forex Factory via network requests , ensuring traders stay up to date.

As different financial instruments react uniquely to economic reports, traders can integrate this indicator into a combination of fundamental analysis and technical analysis for more informed trading decisions.