News Indicator NMNNFX

Category: volatility

An event-based indicator that imports economic news data and plots visual markers (lines and arrows) on the chart correlated to specific currency impacts.

Formula

\text{Impact} = \max(\text{NewsImpact}_{Base}, \text{NewsImpact}_{Quote}) \text{ where impact } \in \{0, 1, 2, 3\}

Inputs

• indicatorDisplacement (default: 1)
• indicatorMode (default: FILTER_IMPACT)
• show_news_lines (default: true)
• showNoImpact (default: false)
• showLowImpact (default: true)
• showMediumImpact (default: true)
• showHighImpact (default: true)
• distanceFirst (default: 500)
• distanceBetween (default: 250)

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