News Alert Indicator
Platform: MT4 Type: Volatility Last update: September 28, 2024The News Alert Indicator warns us when there is a meaningful volatility change in the market spread. When the spread widens dangerously the News indicator will provide you with the corresponding message and you should avoid trading during that time.
The warning appears in the new alerts window.
Be aware that even with a good forex entry point for a trade, it may turn to be unprofitable, because the high spread will kill the potential profit, and that is why you should pay attention to the alerts given by the News Alert indicator.