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News Indicator for NinjaTrader 7
News events can create strong, sudden volatility in any market. Know when news will hit – use this indicator to see upcoming news directly on your NinjaTrader chart in advance. This is a must-have, especially for those operating with limit screen space, as the news events are plotted automatically on your chart. Note that the indicator does not account for unscheduled news events like severe weather, war breakouts, resigning CEOs, etc.
This indicator uses the Forex Factory calendar for its data. We have fixed a couple of bugs and changed default parameter settings. Each of the parameters are easy to understand / visible in the panel before adding to the chart. The news event text intentionally plots behind price bars. You can also limit news events to US-only. If you'd like to move the news information around your screen, create a new chart just for this indicator, resize the chart window, and remove price data, axis lines, and all other chart items. You can then drag this floating news window over your primary chart. Be sure to learn an exact method for trading the news by
watching the video.
Installation
1. Download and save the indicator .zip file into a folder that you'll remember (like the desktop or an indicators folder you've created).
2. Open NinjaTrader's Control Center > File > Utilities > Import NinjaScript
3. Find the .zip folder you downloaded in the first step and double–click it. Agree to any messages that pop up.
4. Open a chart > right-click the chart > Indicators > find DTTWNews3 on the list and double-click it > click OK
5. You should now see news events on the chart. Note that some days simply won't offer news events. You can test if the indicator is working by changing your Windows system time to a day and time that contained upcoming news events. Remember to restore your clock settings afterwards.
Online News Calendar for Day Traders
Just like the news indicator above, you can stay aware of upcoming news events using just your web browser! The Day Trade to Win News Calendar shows real-time news events at the top of the page. When you visit the page, you will automatically get scrolled to the most recent news event. Compare the current GMT time with the GMT times for each event listed so you can prepare yourself ahead of time. Generally speaking, we recommend that you wait 15 minutes after a medium or high-priority news event before trading again. The News Calendar is updated every Monday. Refresh the page on Mondays and you'll have all the news events that affect your trading for the entire week.
Bar Timer for TradeStation 9
A bar timer will provide you with a countdown for the current candle/bar in minutes/seconds, starting over when a new candle/bar posts. For example, on a five minute chart, a bar timer will count down from five minutes. Knowing when the current bar/candle will end and when the next begins is essential to many strategies.
Installation
In TradeStation, right-click a chart > Add Analysis Technique > Import ELD Wizard > Locate the file and install. Note that the bar timer needs time to sync – one full rotation before it begins to work properly.
Karen's Time Sync
When trading, it's extremely important to make sure your computer clock time is accurate. Discrepancies between Windows time and the time provided by your trading platform / data feed may result in inaccurate charts, and potentially, missed trades. We recommend a free program called Karen's Time Sync. Using the Auto Sync feature, KTS will automatically synchronize your computer clock with ultra-precise, official time servers in your time zone.
Visit the
FAQ page for use instructions.
We do not guarantee the accuracy nor do we support these 3rd party indicators / trading tools. Use at your own risk.
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