Fx Pulse Advanced Trend and Economic News Indicator
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1 Fx Pulse Advanced Trend and Economic News Indicator First Steps Install Fx Pulse on your PC/Laptop Attach Fx Pulse to the Chart Input Parameter Position on Chart GMT Offset Sound Notification Trend Detector Trend Definitions Economic News ISO 3166 Country Codes Risk Disclaimer Contact Information
2 First Steps Install Fx Pulse on your PC/Laptop Step 1: Execute the installation file and wait while the operating systems checks compatibility, required disk space and prerequisites. Note: Before you start with the installation, make sure that all Meta Trader 4 terminals are closed. Step 2: Click the Next >> button to start the installation process. Step 3: Read the EULA (End User Agreement - License terms and conditions) carefully. Note that you must agree to the license terms and conditions before you can install Fx Pulse 3.0
3 First Steps Step 4: Specify (Checkmark) the Meta Trader folder(s) where you would like to install FX Pulse. Then click again on the Next >> button. Step 5: Click on the Next >> button to install Fx Pulse.
4 First Steps Step 6: Wait while the installation wizard copying the files and create the uninstaller, then click Next >>. Step 6: The next window informs you about changes since the last version. To continue, click Next>>. To finish the installation click on the Finish button.
5 First Steps Step 7: To finish the installation click on the Finish button.
6 First Steps Attach Fx Pulse 3.0 to the Chart Open the Navigator Window (CTRL+N) and click on the [+] icon next to 'Custom Indicators'. Search for 'Fx Pulse 3.0' and drag and drop the Indicator to the chart. Double-click will work as well. Optional you can use the chart template FxPulse 3.0 to load the indicator.
7 Y_Axis Input Parameter After attaching the indicator to the chart, the input window will popup. To adjust the input parameter, click on the Inputs tab. Chart Position Per default, FxPulse 3.0 will be displayed on the left upper corner. By adjusting the input parameter X_Axis and Y_Axis, you can change the position according to your own preferences. X_Axis
8 Input Parameter GMT Offset To make sure that all release times of economic news will be displayed in your local time, correct setup of GMT offset is essential. As example: If your local time is GMT+2, you should use 2 as input parameter. If your local time is GMT-2, you should use -2 instead. If you are not sure about the difference between GMT and your local time, open your web browser and search for gmt time at google.com. Sound Notification Can be set to true or to false. When set to true, sound notification will alert you whenever new news is available. When set to false information will be only updated on the chart.
9 Information displayed on the Chart Trend Detector FxPulse 3.0 includes a very accurate trend detector. It informs you about the actual trend of the following timeframes: M5, M15, M30, H1, H4 and D1. Trend Definitions No trend or very weak trend Up trend Strong up trend Dow trend Strong Down trend Not enough data (white) n/a (white)
10 Information displayed on the Chart Economic News Done News releases. Upcoming News. Below the Trend Detector, three released and seven upcoming news are displayed. The displayed information includes the release time (local time), the country code (see also: ISO 3166 Country Codes), the importance, the event description, the last number, the expected number (if available) and the current number (as soon it is available). The importance is shared in three categories. = High impact, = Medium Impact, = Low Impact. Note that the impact depends not only of the importance but also of the deviation between the expected and actual number. Better than expected news are displayed in blue color and worse than expected news are displayed in orange color.
11 Information displayed on the Chart ISO 3166 Country Codes Australia Austria Belgium Brazil Canada Chile China Colombia Czech Republic Denmark Estonia European Monetary Union Finland France Germany Greece Hong Kong SAR Hungary Iceland India Indonesia Ireland Italy Japan Korea, Republic of Mexico Netherlands, The New Zealand Norway Peru Poland Portugal Qatar Romania Russia Singapore AU AT BE BR CA CL CN CO CZ DK EE EU FI FR DE GR HK HU IS IN ID IE IT JP KR MX NL NZ NO PE PL PT QA RO RU SG Slovakia South Africa Spain Sweden Switzerland Turkey United Kingdom United States SK ZA ES SE CH TR GB US
12 Risk Disclaimer Currency trading offers large profit potential, but includes also large risk potential. Therefore, currency trading on margin is may not suitable for all individuals. The high leverage offered on the currency exchange can work against you as well as for you. By using software from Forex21 you agree to hold Forex21 and everybody who is involved in developing, production and distribution free from any responsibility. Any live trading you do, you are doing at your own discretion and risk! Before you make investment or trading decision, it is important that you inform yourself carefully about the opportunities and risk. This includes not only financial aspects but also legal and fiscal ones. Before you get started with trading in the foreign exchange market, you should consider your trading and investment goals, objectives, trading experience and your personal risk tolerance. You should be also aware of the existing possibility of losing some or all of your equity. For this reason, it is highly recommended that you invest only funds you can afford to lose. Make sure you are aware of all possible risks associated with trading currencies on margin online. If you have questions or concerns, you should contact an independent financial advisor. CFTC Rule 4.41 HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IM- PACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. THE RISK OF LOSS IN TRADING FOREIGN EXCHANGE (FOREX) CAN BE SUBSTAN- TIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. Source:
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