Live news delivers pair-specific economic calendar alerts for precision MT5 trading results

This Live news review for 2026 combines performance observation and technical analysis to evaluate the indicator's real-world utility. In this review and analysis we quantify how Live news affects trade decisions, measure notification latency, and report on accuracy of impact tagging. Developed by Thabang John Wotsa for the MT5 platform, Live news stands out because it filters economic events by the actual trading symbol and assigns impact levels, so traders see only what matters for the pair on screen. The algorithm behind Live news is straightforward: it pulls calendar entries, matches event currencies to the active chart, and applies user-selected impact filters. It then renders events on the chart with color coding, actual vs forecast numbers, and a clickable explanation pane. This makes Live news more actionable than generic calendars because it reduces false positives and contextualizes surprises in price-moving releases. The indicator does not place trades; it informs timing decisions and integrates cleanly with MT5 EAs if the trader chooses. Best performance occurs in liquid major and commodity pairs around scheduled releases where volatility spikes predictably. The product’s risk management approach is advisory: it surfaces high-impact events so traders can widen stops, avoid entries, or throttle position size. Expected performance characteristics include fewer impulsive news-driven losses and improved timing around announcements, with real-account feedback indicating quicker decision loops and reduced surprise exposure when Live news is active.