Forex Market Sentiment By Daniel - A Program That Helps Forex Traders More So Those Who Deal With MT4 To Start Making Wealth From The Forex Markets
What is Forex Market Sentiment Indicator?
Let’s start with understanding the purpose and working of the sentiment indicator…
Say if you are Forex trader than you would surely wish to buy or sell a currency pair depending upon its future fall or rise. Right? However how would you predict the future to make huge pips?
The answer relies in- the row data of billions of Forex traders trading on which currency pair! The currency pairs are indicated in the form of number of traders in long (buy) position and in short (sell) in the market sentiment analysis. This implies nothing but the exact contrarian trading signals which are actually the buy or sell signals. Getting this precise idea of the market trend, even a newbie Forex trader can predict in which direction the market would be heading and make huge pips.
Features
The trading system has been designed considering that fact that knowing the direction in which the market will move and traders’ movement can help a trader have an edge over the other Forex market traders.
The amount of traders who are short or long with the amount of trading volume are indicated in the chart using which the extreme conditions in any currency pair could be easily evaluated.
Besides, the indicator visual display all the market trends being developed for world’s most popular Forex trading platform which happens to be MetaTrader 4.
Displays short vs. long positions and volume