The Live Economic Calendar indicator seamlessly integrates with external news sources to provide real-time, upcoming, and past financial news directly on your chart. By having a clear understanding of when news events are planned to be released, as well as their respective impacts, analysts can prepare their weeks and days in advance. These injections of volatility can be harnessed by traders to support their thesis or avoided to ensure higher probability market conditions. Note: This indicator runs on the brand-new Pine Script v6, working together with four supporting custom libraries to accurately fetch, decode, and map fundamental data directly onto your technical charts.
2. Logic Fundamentals and news releases transcend the boundaries of technical analysis, as their effects are often immediate and market-shifting. This indicator relies on custom data feeds to pull comprehensive calendar schedules directly to your interface.
It automatically maps news events for major global markets: AUD, CAD, CHF, CNY, EUR, GBP, JPY, NZD, and USD.
Events are categorized by impact using a universally recognized color-coded system: White (Holiday), Yellow (Low Impact), Orange (Medium Impact), and Red (High Impact).
News releases are plotted exactly on the time axis using vertical lines and visual labels, pinpointing incoming volatility.
A responsive, highly customizable on-screen table summarizes the upcoming schedule for the current day or week.
3. Settings & Options
3.1 Custom Timezone
Custom Timezone - Enable this to manually adjust the time and date of the news.
UTC Offset - Adjust the hours and minutes to match your local timezone, as the original data defaults to New York EST.
3.2 Expected Impact
High Impact - Toggle critical, market-moving events (Red).
Medium Impact - Toggle moderate volatility events (Orange).
Low Impact - Toggle minor economic releases (Yellow).
Holiday - Toggle bank holidays and market closures (White).
3.3 Currencies
Automatic - Automatically displays news based on the current symbol you are charting.
Manual Selection - Individually toggle specific currencies (AUD, CAD, CHF, CNY, EUR, GBP, JPY, NZD, USD) to monitor broader global markets.
3.4 News On Chart
Chart History - Choose between "Today", "This Week", or "Manual". Setting it to Today or This Week will automatically clear historical news when a new period starts to keep your chart clean.
Manual Lookback - Look further back in time by choosing a custom number of historical days to display on the chart for backtesting.
Show Labels - Toggle the visual markers and labels representing the news on the chart.
Label Size & Position - Adjust the size of the labels and position them Above, Below, or automatically set them opposite to the candle direction.
Show Lines - Toggle the vertical lines that mark the exact scheduled time of the news.
Line Customization - Select whether to show future lines only or past and future lines, and customize their transparency and line style (dashed, dotted, solid).
3.5 News Table
Show Table - Toggle the visibility of the on-screen schedule table.
Table Type & Time Format - Choose to display news for "Today" or "This Week", and select between a 24H or AM/PM time format.
Table Colors - Fully customize the text and background colors for both the table headers and the news rows (distinguishing past and future text colors).
Borders & Position - Toggle table borders on or off, and anchor the table to any location on the chart (Left, Center, Right & Top, Middle, Bottom).
Table Size - Scale the table from Tiny to Huge based on your screen layout preferences and resolution.