Economic releases
Where they come from
From MetaTrader 5's own calendar. The terminal ships it and keeps it current by itself. Tempo downloads nothing and connects nowhere: it reads what you already have.
That has two consequences worth knowing:
- On a freshly installed terminal the calendar can take a few minutes to fill in the first time.
- Some brokers switch the calendar off. If you see no releases at all and you are sure there are some today, check View > Calendar: if it is empty there too, it is the terminal and not Tempo.
Which ones are shown
Those for the two currencies of the pair in front of you. On a EURUSD chart you get euro and dollar releases, and you do not get Australian employment — which is no use to you while you are looking at that chart.
And they are marked by importance: high-impact ones carry the palette's alert colour, which no session uses. An alert painted in a band's colour stops being an alert the moment that band is underneath it.
On the bar, and that is half the value
The releases are not in a separate list: they are marked on the day bar, at the point their time puts them.
So at a glance you can see whether a big number falls inside the London/New York overlap — something a list of times does not show you, and something that changes quite a lot about what to expect from the next hour.
The countdown
In the data row: the next one up, how long, which currency and what it is. The release time is the time it actually lands, computed in its own zone, not the one you would get by taking the broker's clock at face value.
What Tempo does not tell you about a release
It does not give you the forecast or the previous figure, and it does not tell you whether the result beat expectations. That is on the roadmap (see Updates); it is not there today, and we would rather say so than have you go looking for it.
Turn them off entirely with InpVerDatos.