Schumacher
Складчик
Индикатор Forex Market Sentiment
Forex Market Sentiment
With billions of dollars' worth of forex transactions placed every single day it is clear that there are many participants in the forex market.
With such a large volume of trades taking place and the majority of them being speculative, it is very important to have an edge when trading the forex market.
Fundamental analysis can give an overview of a currency pair's direction and technical analysis can help to spot trends and reversals.
The key thing missing is one of the most important aspects for any trading strategy which is market sentiment analysis.
Market sentiment analysis will show you how many traders are in a long position, how many traders are in a short position and the volume of these positions.
When you know what the majority of traders positions are and the amount of volume of these positions, you can accurately predict in which direction the market will move.
Forex Market Sentiment Indicator
The Forex Market Sentiment Indicator will show you the amount of traders who are long or short and the amount of trading volume in these positions.
The indicator is developed for MetaTrader 4 and visually displays the market sentiment data of multiple currency pairs on one chart. With this data you gain a huge advantage over all of the other traders and can easily find extreme conditions for very accurate contrarian trading signals.
The Forex Market Sentiment Indicator can be used stand alone or combined with any other technical and fundamental analysis. It is the missing piece of the puzzle that you need to become a successful forex trader.
The Forex Market Sentiment Indicator uses data collected in real time from MyFxBook which has a database with thousands of forex traders who are actively trading on real accounts. The combined trading volume of these traders is in the billions. This gives very strong data to conduct a thorough and accurate up-to-date forex market sentiment analysis with the Forex Market Sentiment Indicator.
MyFxBook Sentiment Statistics Summary - Huge amount of trading positions & volume.
How Does It Work?
To keep it as simple as possible, you use the market sentiment data displayed by the indicator to find extremes in long or short positions and volume. When you see an extreme in either or both, you trade against these extremes - this is known as contrarian trading. E.g. If 70% of traders and trading volume are long (buying), you would be looking to short (sell). Trading based on market sentiment is a very accurate and reliable strategy. Read on to find out more...
Forex Market Sentiment Indicator Key Features
Visual display on chart
Displays all currency pairs short vs. long trading volume and total positions as figures and in a percentage.
Short vs. long volume
Displays the total size of all traders positions short and long.
Short vs. long positions
Displays how many traders are short and how many traders are long.
Average short/long price
Displays what the average price for all short and long positions are.
Filter by extremes
Filter display to only show currency pairs where the total volume and/or positions are extreme. You can choose the extreme, e.g. only show currency pairs where the total volume and/or long positions are greater than 70%. Both volume and positions extreme can be set to true or false.
Alerts on extremes
You can choose to receive a pop-up alert, email or SMS (push notification) when there is an extreme reached on any currency pair. Using alerts is useful if you do not have the time to watch charts and wait for market sentiment extremes to be reached.
Real Time Data
Forex Market Sentiment Indicator data is updated every 60 seconds.
Flexible
The Forex Market Sentiment Indicator data can be used to trade on any currency pair and timeframe.
Forex Market Sentiment Indicator Trading Strategy
You can use the Forex Market Sentiment Indicator with your own trading strategy or you can use it by itself. The main way to trade with the indicator is to look for volume/position extremes and trading against them (contrarian trading) such as the examples below.
Forex Market Sentiment Contrarian Trading
If there is an extreme amount of sellers it is seen is a buying opportunity and if there are an extreme amount of buyers it is seen as a selling opportunity. 95% of traders lose so it makes sense to go against their sentiment. In fact, according to MyFxBook data, the majority of traders are in losing positions which emphasises this.
Forex Market Sentiment Extremes
An extreme market sentiment can be anything from 60% upwards. If both the trading volume and trading positions are extreme in the same direction then this could be considered a strong contrarian trading signal. E.g. If 70% of all traders and the total volume were short then we would be looking to place a contrary buy trade as the market would need to reverse.
Forex Market Sentiment Reversals
You can use technical analysis indicators such as the CCI, RSI and STOCHASTICS to help identify the best opportunity to enter against an extreme market sentiment. An extreme amount of positions and volume in one direction that has become overbought or oversold would be deemed a good point of entry against the market sentiment. If traders are buying into an overbought market or selling into an oversold market, expect it to reverse.
Forex Market Sentiment Stop Hunting
The Forex Market Sentiment Indicator can also identify where traders have placed there stop losses. If there is an extreme in one direction, look for a recent high or low as an area where there would be a build-up of stop losses. Expect the market to move rapidly against the extreme sentiment when these stop losses are triggered and other traders enter into the new market direction. Brokers are aware where there are a large amount of stop losses and will often move the market to trigger them.
You can also use the Forex Market Sentiment Indicator to show you where traders are likely to have their stop losses using the average prices display. If the average buy or sell entry price is far from the current price then expect traders to have their stop losses hit soon or to take their profits - both which can cause a market breakout or reversal. If there is an extreme amount of sellers and the average short price is a good distance above the current price then expect them to be taking profits soon which could lead to the market reversing. If there is an extreme amount of sellers and the average short price is a good distance below the current price then expect them to be hitting their stop losses soon which could lead to the market moving up rapidly. Again, this can be combined with additional technical, fundamental and price action analysis for further confirmation.
Forex Market Sentiment Trend Trading
If you see the market is trending in one direction but the extreme sentiment is against the trend, this could be a good entry opportunity into the trend as we would expect all of those who are against the trend to have their stop losses taken out which will move the market further into the direction of the trend. We would then expect the trend to continue as traders add positions and volume to the trend.
Forex Market Sentiment Price Action Trading
When the Forex Market Sentiment Indicator shows extreme sentiment in one direction you can look for price action candlestick patterns for entry points against the extreme sentiment. Candlestick reversal patterns that are against the sentiment such as three inside/outside up, engulfing candles and hammers can give high probability entry opportunities. You may even wish to combine the sentiment extreme and price action analysis with technical analysis using indicators for further confirmation.
Forex Market Sentiment Indicator Overview
You can see from the examples above just how powerful the Forex Market Sentiment Indicator is and how you should never ever trade again without it! When you know what other traders are doing and where they are in the market, you can predict with amazing accuracy which direction the market will move next! Stop following the sheep and run with the wolves, get your copy of the Forex Market Sentiment Indicator now!
*Disclaimer: Box is for visualization purposes only. Forex Market Sentiment is a digital product.
You will get the Forex Market Sentiment Indicator with detailed instruction manual (including real trade examples) for a fast 5 minute setup. Within 5 minutes you will be able to see the real time live account trading positions and volume from thousands of traders around the world from a display on your MetaTrader 4 charts. You will get unlimited license numbers for all of your trading accounts and also free lifetime updates and support.
You can setup signal alerts for market sentiment extremes and trade it stand alone or with your own preferred technical indicators, price action and fundamental analysis. It is excellent at identifying what direction the market sentiment is and this will allow you to determine where the market will go through contrarian trading.
You should not be trading without knowing the market sentiment, that is the same as trading with a blind fold on and your hands tied behind your back! Trust me, once you start using this indicator your eyes will open up to a whole new world of profitable trading opportunities and you will feel like you have just discovered the holy grail - it is that reliable.
Продажник:
Forex Market Sentiment
With billions of dollars' worth of forex transactions placed every single day it is clear that there are many participants in the forex market.
With such a large volume of trades taking place and the majority of them being speculative, it is very important to have an edge when trading the forex market.
Fundamental analysis can give an overview of a currency pair's direction and technical analysis can help to spot trends and reversals.
The key thing missing is one of the most important aspects for any trading strategy which is market sentiment analysis.
Market sentiment analysis will show you how many traders are in a long position, how many traders are in a short position and the volume of these positions.
When you know what the majority of traders positions are and the amount of volume of these positions, you can accurately predict in which direction the market will move.
Forex Market Sentiment Indicator
Зарегистрируйтесь чтобы видеть ссылки
The Forex Market Sentiment Indicator will show you the amount of traders who are long or short and the amount of trading volume in these positions.
The indicator is developed for MetaTrader 4 and visually displays the market sentiment data of multiple currency pairs on one chart. With this data you gain a huge advantage over all of the other traders and can easily find extreme conditions for very accurate contrarian trading signals.
The Forex Market Sentiment Indicator can be used stand alone or combined with any other technical and fundamental analysis. It is the missing piece of the puzzle that you need to become a successful forex trader.
The Forex Market Sentiment Indicator uses data collected in real time from MyFxBook which has a database with thousands of forex traders who are actively trading on real accounts. The combined trading volume of these traders is in the billions. This gives very strong data to conduct a thorough and accurate up-to-date forex market sentiment analysis with the Forex Market Sentiment Indicator.
MyFxBook Sentiment Statistics Summary - Huge amount of trading positions & volume.
How Does It Work?
To keep it as simple as possible, you use the market sentiment data displayed by the indicator to find extremes in long or short positions and volume. When you see an extreme in either or both, you trade against these extremes - this is known as contrarian trading. E.g. If 70% of traders and trading volume are long (buying), you would be looking to short (sell). Trading based on market sentiment is a very accurate and reliable strategy. Read on to find out more...
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Indicator Key Features
Зарегистрируйтесь чтобы видеть ссылки
Visual display on chart
Displays all currency pairs short vs. long trading volume and total positions as figures and in a percentage.
Short vs. long volume
Displays the total size of all traders positions short and long.
Зарегистрируйтесь чтобы видеть ссылки
Short vs. long positions
Displays how many traders are short and how many traders are long.
Зарегистрируйтесь чтобы видеть ссылки
Average short/long price
Displays what the average price for all short and long positions are.
Зарегистрируйтесь чтобы видеть ссылки
Filter by extremes
Filter display to only show currency pairs where the total volume and/or positions are extreme. You can choose the extreme, e.g. only show currency pairs where the total volume and/or long positions are greater than 70%. Both volume and positions extreme can be set to true or false.
Зарегистрируйтесь чтобы видеть ссылки
Alerts on extremes
You can choose to receive a pop-up alert, email or SMS (push notification) when there is an extreme reached on any currency pair. Using alerts is useful if you do not have the time to watch charts and wait for market sentiment extremes to be reached.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Real Time Data
Forex Market Sentiment Indicator data is updated every 60 seconds.
Flexible
The Forex Market Sentiment Indicator data can be used to trade on any currency pair and timeframe.
Forex Market Sentiment Indicator Trading Strategy
You can use the Forex Market Sentiment Indicator with your own trading strategy or you can use it by itself. The main way to trade with the indicator is to look for volume/position extremes and trading against them (contrarian trading) such as the examples below.
Forex Market Sentiment Contrarian Trading
If there is an extreme amount of sellers it is seen is a buying opportunity and if there are an extreme amount of buyers it is seen as a selling opportunity. 95% of traders lose so it makes sense to go against their sentiment. In fact, according to MyFxBook data, the majority of traders are in losing positions which emphasises this.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Extremes
An extreme market sentiment can be anything from 60% upwards. If both the trading volume and trading positions are extreme in the same direction then this could be considered a strong contrarian trading signal. E.g. If 70% of all traders and the total volume were short then we would be looking to place a contrary buy trade as the market would need to reverse.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Reversals
You can use technical analysis indicators such as the CCI, RSI and STOCHASTICS to help identify the best opportunity to enter against an extreme market sentiment. An extreme amount of positions and volume in one direction that has become overbought or oversold would be deemed a good point of entry against the market sentiment. If traders are buying into an overbought market or selling into an oversold market, expect it to reverse.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Stop Hunting
The Forex Market Sentiment Indicator can also identify where traders have placed there stop losses. If there is an extreme in one direction, look for a recent high or low as an area where there would be a build-up of stop losses. Expect the market to move rapidly against the extreme sentiment when these stop losses are triggered and other traders enter into the new market direction. Brokers are aware where there are a large amount of stop losses and will often move the market to trigger them.
You can also use the Forex Market Sentiment Indicator to show you where traders are likely to have their stop losses using the average prices display. If the average buy or sell entry price is far from the current price then expect traders to have their stop losses hit soon or to take their profits - both which can cause a market breakout or reversal. If there is an extreme amount of sellers and the average short price is a good distance above the current price then expect them to be taking profits soon which could lead to the market reversing. If there is an extreme amount of sellers and the average short price is a good distance below the current price then expect them to be hitting their stop losses soon which could lead to the market moving up rapidly. Again, this can be combined with additional technical, fundamental and price action analysis for further confirmation.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Trend Trading
If you see the market is trending in one direction but the extreme sentiment is against the trend, this could be a good entry opportunity into the trend as we would expect all of those who are against the trend to have their stop losses taken out which will move the market further into the direction of the trend. We would then expect the trend to continue as traders add positions and volume to the trend.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Price Action Trading
When the Forex Market Sentiment Indicator shows extreme sentiment in one direction you can look for price action candlestick patterns for entry points against the extreme sentiment. Candlestick reversal patterns that are against the sentiment such as three inside/outside up, engulfing candles and hammers can give high probability entry opportunities. You may even wish to combine the sentiment extreme and price action analysis with technical analysis using indicators for further confirmation.
Зарегистрируйтесь чтобы видеть ссылки
Зарегистрируйтесь чтобы видеть ссылки
Forex Market Sentiment Indicator Overview
You can see from the examples above just how powerful the Forex Market Sentiment Indicator is and how you should never ever trade again without it! When you know what other traders are doing and where they are in the market, you can predict with amazing accuracy which direction the market will move next! Stop following the sheep and run with the wolves, get your copy of the Forex Market Sentiment Indicator now!
*Disclaimer: Box is for visualization purposes only. Forex Market Sentiment is a digital product.
You will get the Forex Market Sentiment Indicator with detailed instruction manual (including real trade examples) for a fast 5 minute setup. Within 5 minutes you will be able to see the real time live account trading positions and volume from thousands of traders around the world from a display on your MetaTrader 4 charts. You will get unlimited license numbers for all of your trading accounts and also free lifetime updates and support.
You can setup signal alerts for market sentiment extremes and trade it stand alone or with your own preferred technical indicators, price action and fundamental analysis. It is excellent at identifying what direction the market sentiment is and this will allow you to determine where the market will go through contrarian trading.
You should not be trading without knowing the market sentiment, that is the same as trading with a blind fold on and your hands tied behind your back! Trust me, once you start using this indicator your eyes will open up to a whole new world of profitable trading opportunities and you will feel like you have just discovered the holy grail - it is that reliable.
Продажник:
View hidden content is available for registered users!