---
description: Anything Can Happen
---

# News

With global financial markets, worldwide news events can affect market prices at any time, any day of the week. There are two main categories of news:

* Scheduled
* Unscheduled

For scheduled news releases, Vinny E. Mini prefers to "sit on hands" (don't trade) from two minutes before the release time and until three minutes after to allow market volatility to settle. This can help avoid liquidity, slippage and spread widening issues.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FjhfqTbA0Uf57H50QYB0H%2FNews.png?alt=media&#x26;token=c59a64cf-26cc-440f-aba0-d05d51c943b3" alt=""><figcaption><p>Vinny E. Mini prefers to "sit on hands" two minutes before a scheduled news release until three minutes after.</p></figcaption></figure>

Future scheduled news releases can be prompted in our [Discord](https://discord.com/algobox) by typing one of the following commands:

!n\
!news\
!n tomorrow

***

For unscheduled news our Discord server has a dedicated [News feed channel](https://discord.com/channels/436413519299084290/931625524340621332) that continuously pulls global news headlines automatically 24/7 from various internet sources.

Our 24/7 automated [stocks channel](https://discord.com/channels/436413519299084290/600181316205674516) pulls earnings, gainers and losers data for U.S. stocks so you never miss a beat.

[Click here to preview our Discord server](../essential-tips-and-techniques/discord)

[Click here to join our free Discord server (free trade room)](https://discord.gg/algobox)

## FOMC

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2F43PpqiA5c8MamSJoWWGZ%2FFOMC%20main%20image%20new.png?alt=media&#x26;token=0d4789bd-5616-4532-a9cc-a9352b7712ec" alt=""><figcaption><p>Just before, during and after high impact FOMC news events, caution is advised due to likelihood of extreme volatility.</p></figcaption></figure>

Caution is warranted for high impact FOMC events as well as Non-Farm Payrolls (NFP).

Market liquidity can vastly fluctuate, the bid/ask spread can widen greatly and brokers often increase margin requirements during high volatility events.

FOMC usually takes place on Wednesdays at 2:00pm EST monthly.

NFP usually takes place on the 1st Friday of each month at 8:30am EST.

{% hint style="info" %}
See how price action is affected by FOMC [here](https://docs.algoboxpro.com/fundamentals/golden-ropes#examples-golden-ropes-and-fomc).
{% endhint %}

With unscheduled news events, such as wars, political and economic news, etc, it will usually be a surprise, so we must remember that anything can happen, any day, at any time and manage our risk accordingly.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FiSGhavUioShcl1qswuGp%2FFOMC%20logo%20centered.png?alt=media&#x26;token=37b2eb0a-fb61-407e-9391-845974935e28" alt=""><figcaption><p>Typing the "!fomc" command in our Discord server calls up this visual reminder for yourself and others in the room.</p></figcaption></figure>

***

## News Indicator

AlgoBox™ News Indicator shows daily news events directly on your chart, allowing you to choose the specific location for displaying the news, creating awareness during your trading sessions.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FYaOfcCLC2nPGMLudDkM7%2FNews%20GIF%201.gif?alt=media&#x26;token=798ab6d2-ed1b-4336-87f7-7758c91fd714" alt=""><figcaption><p>The News Indicator displays High, Medium, and Low-Level News according to your preferences.</p></figcaption></figure>

The News panel is fully customizable, allowing you to move or minimize it to suit your preferred placement.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FRs9lY7LEaURZumhlQ2Ag%2FNews%20GIF%202.gif?alt=media&#x26;token=c298b726-5490-4377-85fe-3e056ff49a94" alt=""><figcaption><p>1) Click and hold the three dots to move the panel 2) Click the small arrow to minimize the panel.</p></figcaption></figure>

***

Other sources of news & economic news calendars:\
-[ECONODAY](https://us.econoday.com/byweek?cust=us)\
-[Investing.com](https://www.investing.com/economic-calendar/)\
-[ForexFactory](https://www.forexfactory.com/)\
-[FinancialJuice](https://www.financialjuice.com/home)\
-[MarketWatch](https://www.marketwatch.com/economy-politics/calendar)\
-[finviz](https://finviz.com/news.ashx)

{% hint style="warning" %}
<mark style="color:yellow;">Note: AlgoBox™ is an independent entity and is not affiliated with any of the aforementioned websites in any way. Links to other websites are solely for informational purposes and do not imply endorsement or partnership. Use any websites at your own risk.</mark>
{% endhint %}

***

## News Settings

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FU5E967Km7icvcp4TmdTW%2FNews%20settings%20GIF%20.gif?alt=media&#x26;token=ff4a4933-fee1-43d2-9a63-52ef50441d6c" alt=""><figcaption><p>The News indicator offers a variety of customizable settings, allowing you to adjust them according to your preferences. Default AlgoBox™ settings are shown.</p></figcaption></figure>

### 1. Audio

Audio alerts notify you when the news is about to start, so you're informed on time, without needing to manually set reminders.

<mark style="color:yellow;">Enable AlgoVoice:</mark> Toggle On or Off real-time audio alerts.

<mark style="color:yellow;">Voice Rate:</mark> You can customize the speed of the AlgoVoice alerts to your preference.

All custom sounds must be in .wav file format only.

### 2. Country Settings

Toggle ON or OFF to select which country's news alerts you want to receive.

### 3. Show News

Select the news impact level Low, Medium, or High that you wish to receive alerts for.

### 4. Visual Settings

<mark style="color:yellow;">Show News Panel:</mark> Toggle the news panel ON or OFF the chart.

<mark style="color:yellow;">Show News Warning:</mark> Toggle ON or OFF to display the news warning.

<mark style="color:yellow;">Warning Time Threshold:</mark> Set your preferred time for the news warning to trigger in advance.

<mark style="color:yellow;">News Position:</mark> Select the desired location on the chart where the news will be displayed.

### 5. Data Series

Displays the current chart instrument, contract date and configurations applied.

<mark style="color:yellow;">Input Series:</mark> This setting determines which chart the indicator is displayed on, linking the indicator to the selected chart data.

### 6. Setup

Allows you to add a label, set the maximum bars to look back, and configure calculations based On Price Change, On Bar Close, or On Each Tick.

<mark style="color:yellow;">On Price Change:</mark> Updates the indicator only when there is a change in the instrument's price.

<mark style="color:yellow;">On Bar Close:</mark> Updates whenever a new bar closes, recalculating based on the finalized bar data to reflect the latest market conditions and changes in trends. Be mindful of whether you are using AlgoBars or range bars.&#x20;

<mark style="color:yellow;">On Each Tick:</mark> Updates with every price change or tick in the market, providing real-time adjustments and reflecting the latest data. This setting increases CPU processing load.

### 7. Visual

Allows you to customize button colors, adjust the button placement, and modify the font type and size to suit your preferences. The Visual Settings shown are default settings which usually do not need to be changed unless specified in release notes or instructional video, live stream or on Discord etc. Auto scale is recommended to be unchecked.

<mark style="color:yellow;">Auto Scale:</mark> Automatically adjusts the indicator’s scale to fit within the chart’s price axis, ensuring it’s properly visible without manual adjustments.

<mark style="color:yellow;">Displacement:</mark> Shifts the indicator's plot forward or backward on the time axis. This setting is useful for aligning the indicator with price bars or other chart elements, especially in cases where you want to visualize future or past data relative to the current price.

<mark style="color:yellow;">Display in Data Box:</mark> Determines whether the values are shown in the Data Box, which is an on-screen display that provides detailed information about the current values when you hover over or click on the chart.

<mark style="color:yellow;">Panel:</mark> Specifies which panel or sub-panel the indicator is displayed in on the chart. Indicators can be placed in separate panels above or below the main price chart, allowing for organized and uncluttered visualization of multiple indicators.

<mark style="color:yellow;">Price Markers:</mark> Controls the display of markers or symbols on the price axis associated with the indicator's values. This setting helps highlight specific price levels or events directly on the price chart for better visibility and analysis.

<mark style="color:yellow;">Scale Justification:</mark> Determines where the indicator is positioned on the price scale, such as to the right or left side of the chart.

<mark style="color:yellow;">Visible:</mark> Toggles the overall visibility of the indicator, allowing you to hide or show it on the chart as needed.

{% hint style="warning" %}
<mark style="color:yellow;">All settings displayed in the settings image are the current default configurations provided by NinjaTrader and/or the AlgoBox™ Pro software, and may change at any time in future software updates without notice.</mark>
{% endhint %}

***

## Video Tutorials: News

{% embed url="https://youtu.be/yT0wswqkkg4?si=YHYL1SLwpObGGGyt" %}
WATCH: Vinny E. Mini teaches how to deal with the news with your trading analysis in this video tutorial.
{% endembed %}

{% embed url="https://youtu.be/1JKt4N7gljQ?si=7Wd91-DQCkoHN1U5" %}
WATCH: Vinny E. Mini teaches how to approach FOMC news release and so much more, in this video tutorial.
{% endembed %}

{% embed url="https://youtu.be/poBjM8hF1A8?si=hBGs65yCBQ98YrPZ" %}
WATCH: Vinny E. Mini talks about FOMC rules in this short 1 minute live video clip.
{% endembed %}

***

[Try AlgoBox™ for free ](https://www.algoboxpro.com/start-trial)- No credit card required, no obligation, no gimmicks.

[**Disclaimer**](../links/disclaimer)
