Don't be caught out by economic news releases during your trading day!
The E.N.R Alert System provides a fully automatic and configurable economic event monitoring facility which identifies and displays economic data releases specific to the currency pair and displays them clearly on your chart.
The system automatically sweeps the FX economic calendar for the next few days ahead and processes it as a background task.
Economic data releases appropriate to the current chart/currency pair are then displayed using vertical event lines with accompanying text labels to visually alert the trader. The vertical event lines are drawn on the chart at the exact news release time so there is clear warning of an upcoming, potentially market moving event.
Traders can easily control the event line and label display in terms of position, visibility, colour and size.
The system uses the brand new FX AlgoTrader Excel Control Suite V2 as the controlling interface for Metatrader. This allows traders complete control over the underlying FX AlgoTrader EAs and indicators and allows changes to be made much more quickly than conventional stand alone EAs and indicators.
Economic News Release Alert System Demonstration Video (double click the inside the video screen to enlarge)
Chart with automated economic news releases data displayed. System is also showing vertical event lines for each release. Note: Chart also shows Daily,Weekly and Monthly Pivot levels and a Fib Level in Yellow.
Close Up of Economic Data Release Label with time and event details
Close up of Vertical event lines drawn automatically on chart at exact time of release