Beyond The Markets

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INDICATOR · BEGINNER GUIDE

NEWS LINES

Puts a line on the chart at every high-impact news release for your market, counts down to the next one and shows how far price jumped last time.

◆This week’s news calendar◆No-trade zone shading◆Countdown dashboard◆Alert 30 min before
News Lines on a live chart WHAT YOU SEE · USDJPY 15m · 29 OCT 123456
1News that is out: a dashed line at the release, with a shaded no-trade zone either side.
2How far it moved: the move in the hour after: 51 pips, 2.8x a normal hour.
3News still to come: a solid line right of the newest candle.
4Countdown: what is next and when: in 9h 51m.
5The light: CLEAR, CAREFUL, NEWS IN … or NEWS NOW.
6Two at once: +1 = another release at the same time.

Use it in 5 steps

  1. Switch it onOpen Charts → Basic Indicators (ƒx) → tick News Lines. It picks the currencies that move your market.
  2. Check the light firstNEWS IN 25 MIN or NEWS NOW? Wait, or keep the trade small.
  3. Stay out of the zoneMost traders don’t open trades in the shaded zone. Spreads widen and price can jump both ways.
  4. Protect open tradesIn a trade before big news? Move the stop to break-even or take some profit before the line.
  5. Learn from the labelsThe 1h move on past news shows which releases really move your market.

The Fed on USDJPY

The Fed on USDJPY

USDJPY 15m, 28 Oct. The Fed rate decision at 18:00 UTC and its press conference at 18:30. In the hour after each, USDJPY moved about 50 pips: nearly 3 times a normal hour.

The dashboard

The dashboard

  • The light and the next big release, with its day and time.
  • Coming up: the next releases for this market with a countdown. 🔴 = high impact.
  • Already out this week: the last release and the biggest mover, in pips.
  • 1.0x = a normal hour on this chart. Over 2x = the news really moved the market.
  • The 💡 tip says in plain words what to do now.

Golden rules

  • Don’t trade the first minutes. Wait for the shaded zone to end.
  • Spreads widen at news. A stop can be hit even if the chart barely touches it.
  • Always use a stop loss and risk 1% of your account or less per trade.
  • Practise first with the Replay button: trade old candles for free.
🔔 Get told when it fires: click Alerts, choose News Lines and tick “High-impact news coming soon”. Set the minutes in the indicator’s settings.
BEYOND THE MARKETS
beyondthemarketstrading.com · Indicator guide 30: News Lines
For education only, not financial advice. News times come from this week’s ForexFactory calendar and can change. Trading carries risk.

For educational purposes only. The results in this guide come from testing on past prices. Past performance does not guarantee future results, and real spreads, slippage and delays can make results worse. Nothing here is financial advice, and trading carries a high risk of losing money. Read the risk warning.