DarkMindFX adds complete FRED(c) databases support

GDAŃSK, Poland - Jan. 2, 2017 - PRLog -- DarkMindFX significantly extends the number of and quality of supported economic indicators. Starting from release 2017.01.02 DarkMindFX will be providing an access to the complete sets of data from different data sources. In this release the indicators from Federal Reserve Bank of St. Louis (FRED) are added and available on all three major platforms supported – MetaTrader, NinjaTrader and cTrader.

What is in FRED(c) Databases?

The database of Federal Reserve Bank of St. Louis is invaluable source of economic information about United States and others countries. DarkMindFX provides the support of more than 50 000 indicators from all the main categories of the database – Money, Banking & Finances; Population, Employment , & Labor Market; National Accounts; Production & Business Activities; Prices.

How to access the data using DarkMindFX indicators package?

In order to get an access to the FRED(c) in their trading terminal traders and analysts need to perform the following steps:

1.      Download and install DarkMindFX indicators package for their platform – http://www.darkmindfx.com/freedownload.html

2.      Navigate to the list of newly added indicators and find the one call US.FRED under DataSources

3.      Add an indicator to the chart and specify the FRED series identifier as an indicator parameter.

The FRED series identifiers can be easily found on FRED's official web site https://fred.stlouisfed.org – the user just need to find the data set needed and use the code which is placed next to the data set name. For example, if CPI index is needed the user goes to the data series page - https://fred.stlouisfed.org/series/CPIAUCSL – and uses value CPIAUCSL specified right next to the series name.

Future Developments and Enhancements

DarkMindFX plans to extend the support of FRED(c) data bases to cover even more data. A U.S. regional data which consists of more than 240 000 indicators and data series will be added. A complete list of supported FRED(c) categories and datasets can be found on DarkMindFX website - http://www.darkmindfx.com/source.fred.html