For traders whose trading strategies are based on news analysis

In Forex Tester 4 and Forex Tester 5 you have the opportunity to use the news calendar

The news can be updated in the Data Center window. To open the window please use the Update News button on the Data tab.

On the News tab of Data Center window on the left side you can see the list of currencies for which data is provided on our server, on the right side - 3 bars indicating the availability of news according to your subscription: high, medium and low importance. Each bar displays the start and end dates of the available news: if the bar is green, data for that period has already been downloaded. If the bar is gray - the news for the period specified under the bar is available on the server. Date and time when the news information was last updated are displayed under the bars.

Please note that in the Basic (Forexite free data) subscription, only news of USD currency is available.

All other currencies are available in Standard and VIP subscriptions. To subscribe to Our Paid Data Service, click the Upgrade Subscription button.

The Update News from server button allows you to immediately update the news.

If news data have not been updated for some reason, you will get an information message.

By default, the news displaying is enabled and they are represented at the bottom of the chart as flags. The color of the flag border (red, yellow, green) indicates the importance of this news.

For example,

  • Green color: it is unlikely that the market will make huge moves
  • Yellow color: the news will most likely provoke slightly significant market moves
  • Red color: get ready for powerful moves and make sure your trade is a weighted decision

To disable the displaying of news on the chart please use the right-click mouse button and uncheck the “Show news” item or use Right Mouse Click => Chart settings => Settings => uncheck the “Show news” option.

In the Chart Settings window -> All charts tab you can enable filtering news by chart currency. Just enable corresponding option and you will see only news of currencies involved in the chart.

You can find the News tab at the bottom of the screen. By default, it is to the right of the Journal tab.

On this tab you will find the following columns:

  • Date/Time - date and time of the news release
  • Symbol - the symbol to which this news relates
  • Event - the name of the news
  • Priority - the importance of the news
  • Actual - the actual news value
  • Forecast - the forecast news value
  • Previous - the previous news value

All the news on the News tab and on the chart are synchronized. When you click on the appropriate line of the News tab, it becomes highlighted and the chart goes to the corresponding news icon (flag) on the chart. In this case, this flag is marked with a white vertical line.

Hovering the cursor on the corresponding news flagon the chart shows pop-up with information about the news.

If several news for different symbols come out at one time, the news icons collapse into one icon of the Earth.

If the news displayed at the same time is more than 1 you can see a number on the icon indicating the quantity of news at a given time. Hovering over this icon shows you a pop-up window with information of these news.

For your convenience of using the news in your trade strategy, you can use the filters on the News tab.

Just click on the "Show Filters" button.

By clicking on the drop-down lists near the filter names, you can select:

  • Date and time of displayed news;
  • One or more symbols that are involved in the project;
  • Show only high, medium or low important news.

When you click the "Apply" button, all the selected filters are applied to the list and to the news displaying on the charts within the project.