3_News_Panel__1_Indicator

PLATFORM & SOFTWARE TYPE
🖥️ PLATFORM: MT4 • SOFTWARE TYPE: Indicator

INTRODUCTION
Monitor market volatility and anticipate major economic shifts without leaving your trading screen using the **#3 News Panel (1)** Indicator. This essential risk management tool provides real-time visibility of critical Forex Factory calendar events, prioritizing the most immediate and impactful releases right on your chart.

📈 TRADING STRATEGY
This indicator does not generate direct trading signals or execute market orders. Its function is based purely on **market intelligence, context, and risk control**. It continuously scrapes and parses economic data to display up to four upcoming news releases, showing their time, currency, title, and impact level. This information is crucial for traders who need to:
1. Reduce exposure or close trades immediately prior to high-impact events.
2. Prepare for high-volume volatility, anticipating potential breakouts driven by news release timing.
3. Observe potential "front running" activity (price movement ahead of major data releases).

🎯 BEST FOR
🚀 Scalpers and Day Traders preparing for high-volatility events and sudden market acceleration.
🛡️ Traders prioritizing risk management by knowing exactly when to exit the market before critical announcements.
🌐 Users who need to monitor high-impact news across multiple currencies simultaneously, regardless of the current chart pair.
📰 Anyone needing a clear, customizable, chart-based dashboard of upcoming economic calendar releases.

💱 RECOMMENDED PAIRS
EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD

⚙️ SETTINGS AND PARAMETERS
***Indicator Display Controls:***
💡 `Indicator_On`: Turns the entire indicator display on or off.
🔢 `Show_Impacts_H_HM_HML_123`: Filters the impact level of displayed news (1 = High only; 2 = High and Medium; 3 = All).
➡️ `News_Panel_At_Chart_Right`: Set True to display the panel on the right side of the chart, False for the left.
🖼️ `News_Panel_In_Subwindow_1`: Controls if the panel appears in the main chart window or the first subwindow.
⏱️ `Past_Event_Display_Minutes`: Sets how long an event remains visible after it has passed (0 = until the next event is scheduled; >0 = specific number of minutes).
📊 `Display_Min_TF`: Minimum chart timeframe (in minutes) where the indicator will display.
📈 `Display_Max_TF`: Maximum chart timeframe (in minutes) where the indicator will display.

***Other Currency Settings:***
🔄 `Ignore_Current_Symbol`: If True, the indicator ignores the news of the pair currently charted and relies solely on the following manual currency selections.
💲 `Show_USD_News`: Toggle news display for USD events.
💶 `Show_EUR_News`: Toggle news display for EUR events.
💷 `Show_GBP_News`: Toggle news display for GBP events.
🇳🇿 `Show_NZD_News`: Toggle news display for NZD events.
💴 `Show_JPY_News`: Toggle news display for JPY events.
🇦🇺 `Show_AUD_News`: Toggle news display for AUD events.
🇨🇦 `Show_CAD_News`: Toggle news display for CAD events.
🇨🇭 `Show_CHF_News`: Toggle news display for CHF events.
🇨🇳 `Show_CNY_News`: Toggle news display for CNY events.

***Event #1 Alert Setting:***
🔔 `Alert_Minutes_Before_Event_1`: Sets how many minutes before the highest priority event an alert will trigger (0 disables the alert).

***Panel Color Settings:***
🎨 `Panel_Title`: Color for the panel header text.
🟢 `Low_Impact_News_Color`: Color used for Low impact events.
🔵 `Medium_Impact_News_Color`: Color used for Medium impact events.
🔴 `High_Impact_News_Color`: Color used for High impact events.
🟣 `Bank_Holiday_Color`: Color used to display Bank Holiday events.
⚫ `Remarks_Color`: Color used for general messages (e.g., "not scheduled").
⬛ `Background_Color_`: Color for the panel's background box.
⚫ `Show_Panel_Background`: Toggles the background box visibility (True/False).

💽 HOW TO INSTALL THE INDICATOR (MT4)
• Download: (.ex4)
• MetaTrader → File → Open Data Folder
• MQL4 → Indicators → paste file → restart MT4
• Navigator (Ctrl+N): drag onto chart and adjust inputs
 

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📞 CONTACT & SUPPORT
🔹 Website : https://doveforexmarkets.com
🔹 Telegram: https://t.me/forexchats
🔹 Email   : info@doveforexmarkets.com
🔹 WhatsApp: wa.me/260960556804

⚠️ DISCLAIMER
Trading involves risk. Past performance does not guarantee future results.