Free trading tools
Economic Event Risk Calculator
Check whether upcoming news makes a trade too risky.
Best for
Avoiding oversized risk around scheduled news.
What you get
Event risk level, timing warning and practical trade note.
Not for
Predicting the news result.
Formula
The tool compares event importance, timing, normal volatility and your planned risk.
Example
A trade opened minutes before CPI can carry more gap and slippage risk than the chart suggests.
Hexaplan verdict
Good before trading around news.
How event risk works
Economic events can increase volatility, spreads and slippage. Even a good setup can behave differently around major news.
The calculator helps decide whether to wait, reduce size or skip the trade.
How to use this calculator
- Select the event type.
- Add time until the event.
- Enter normal volatility or stop distance.
- Review the risk warning.
- Decide whether to trade, reduce size or wait.
Common mistakes
- Holding full size into major news.
- Ignoring spread widening.
- Assuming stops always fill cleanly.
- Trading because news feels exciting.
- Not checking the calendar.
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FAQ
Does this predict the news outcome?
No. It only checks event risk around the trade.
Should I always avoid news?
Not always. But your size and stop should match the volatility.
Which events matter most?
Inflation, rates, jobs data and central bank speeches often matter most.