Using a Global Economic Calendar on your Forex Charts
Our DailyFX Calendar plug-in for Strategy Trader is an excellent way to keep track of the most important events for any given currency pair.
As any trader knows, volatility can and often does jump significantly surrounding news events. In fact many traders look to take advantage of such moves and trade particularly sharp surprises around the top market-moving news releases on the calendar.
Using DailyFX.com, traders can view all of the top economic news releases sorted by importance and currency pair. It is little surprise to note that the calendar is consistently one of our most popular pages. Using a brand-new tool for FXCM’s Strategy Trader platform, you can now show most of the same information on the same charts you use to trade.
DailyFX Calendar Indicator for FXCM Strategy Trader
If you do not already have Strategy Trader installed on your computer, go to the automated tradingpage and download the platform. Once you have installed the platform, visit our Forex Forum thread on the DailyFX Calendar indicator.
Download the attached .zip file and run the “DailyFXCalendar.fxd” file once unzipped. This should open your Strategy Trader Editor and prompt you to import the “DailyFXCalendar” Indicator and “Calendar” Function. Hit ‘OK’ and it will import both the indicator and the function into your Strategy Trader installation.
From there, it’s as simple as adding the indicator to your chart. Right-click on your open chart, click on “Insert Indicator”.