Breaking news alerts

Tried posting in another forum but did not manage to get a reply.
Is there a way to set breaking news alerts especially those not slated in the Calender?
Is it possible only through a paid service such as Bloomberg?
Currently set one of my monitors to refresh the news page every couple of mins but don't know if that is the most effective set up.
Can the alerts be set up in MT4 to sound off for the red news?

If you want to be alerted on any news available on FF, you can check this tool linked below. The best in my opinion.

http://www.forexfactory.com/showthread.php?t=326551

Thanks mate, will try it out and check if it can catch non scheduled alerts.