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Market Sentiment

Percentage values showing the current difference between the number of traders, which have opened Long and Short positions. At that, already closed trades don’t affect the indicator’s value.

This indicator shows the sentiment of individual traders for a certain currency pair. According to the fact that “the crowd is usually wrong” we should open our trades in the direction opposite to the crowd’s direction.

Basic Ratio Strategy

We should open a long position when more than 60% of traders are short, and as you probably guessed, we should open a short position when more than 60% of traders are long. When the ratio is close to the value of 50%, we should not trade.

We can also analyze the ratio from different brokers to diversify risks. We should look for the majority of brokers showing unidirectional signals.

A good signal to open a short trade is on the picture above.

Changelog

1.0.1 (August 18, 2020)
- Security and stability improvements

1.0.0 (August 13, 2020)
- Released
PoshTrader
Author Since: Nov 2020
Author Page →
  • Published

  • Trading Platform

    cTrader

  • Product Type

    Indicator

  • Current Version

    1.0.1

  • €50.00 / year

    Item subject to yearly license for support and updates. You may cancel your subscription at any time.View Terms

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