Economic Calendar for MT5

This tool offers two major benefits: it enhances the usability of MT5 economic indicators and enables seamless sharing of the data with MT4. For example, it allows you to effectively use economic indicator data from more than 10 years ago for training and backtesting. Additionally, it is compatible with MT4's PracticeSimulator, making it a valuable tool for everything from practicing trades with historical data to live trading on MT4.

For seamless sharing of economic indicators with MT4. >> MT4 version

Enhancements for MT5 Economic Indicators

  • Historical Data Access: Analyze economic indicator data, including events from more than 10 years ago, enabling detailed backtesting and historical review.
  • Customizable Display: The economic indicators are displayed unobtrusively on your charts, with options to blend the data into the background for clarity.
  • Automatic Time Adjustments: Ensures accurate display of past events by automatically adjusting for time zones and daylight saving time.

MT4 Compatibility and Benefits

  • Seamless Data Sharing: Use MT5 economic indicator data directly on MT4 charts, including for live trading and practice scenarios.
  • Integration with PracticeSimulator: Compatible with PracticeSimulator, enabling you to incorporate real-world economic events into your training and strategy testing.
  • Multilingual Support: Economic indicators can be displayed in your local language, making the tool accessible and user-friendly.

The tool’s unique feature is its ability to link MT5 data with MT4 environments. By running the tool in MT5, data is collected and synced for use in MT4. This allows traders to use MT5’s economic indicator data for MT4 testing and live trading scenarios.

How to Use:

For MT5 Users: Simply attach the tool to your MT5 chart to display the economic indicators directly.

For MT4 Users: Follow the steps below

  1. First, run the tool on an MT5 chart to collect economic indicator data.
  2. Then attach the tool to an MT4 chart, where it will automatically link to the data collected from MT5.
  3. To keep receiving the latest economic indicators, MT5 must be running simultaneously.
  4. For backtesting or reviewing historical data, MT5 does not need to remain open once the data has been collected.

Benefits:

  • Backtesting: Review historical market conditions with economic data overlaid for deeper insights.
  • Training: Combine economic indicators with PracticeSimulator for more effective and realistic training.
  • Live Trading: Stay informed with real-time economic data integrated seamlessly into your charts.

This tool is an indispensable addition for traders looking to enhance their strategies with precise and accessible economic indicator data.

Whether for live trading, practice, or analysis, it delivers the insights you need, directly where you need them.

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Boris Sedov
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Utilities
Seconds Chart is a unique tool for creating second-based charts in MetaTrader 5 . With Seconds Chart , you can construct charts with timeframes set in seconds, providing unparalleled flexibility and precision in analysis that is unavailable with standard minute or hourly charts. For example, the S15 timeframe indicates a chart with candles lasting 15 seconds. You can use any indicators and Expert Advisors that support custom symbols. Working with them is just as convenient as on standard charts.
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