Forex Sentiment Indicator | Forex Trading Volumes & Positions MetaTrader 4 Sentiment Indicator
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Product Name: Forex Sentiment Indicator | Forex Trading Volumes & Positions MetaTrader 4 Sentiment Indicator
Forex Sentiment Indicator | Forex Trading Volumes & Positions MetaTrader 4 Sentiment Indicator is backed with a 60 Day No Questions Asked Money Back Guarantee. If within the first 60 days of receipt you are not satisfied with Wake Up Lean™, you can request a refund by sending an email to the address given inside the product and we will immediately refund your entire purchase price, with no questions asked.
Description:
*Disclaimer: Box is for visualization purposes only. Forex Market Sentiment Indicator is a digital product.
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 know what the overall sentiment is.
As Forex Market Sentiment Indicator user Mirko says, “This indicator is not far to the holy grail, Thanks”!
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 can look for extreme conditions for contrarian trading signals.
The Forex Sentiment Indicator can be used stand alone or combined with any other technical and fundamental analysis. It is one piece of the puzzle to analysing the market.
The Forex 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 Sentiment Indicator.
MyFxBook Sentiment Statistics Summary – Huge amount of trading positions & volume.
MyFxBook Sentiment Statistics Summary – Huge amount of trading positions & volume.
You can also use the Forex Sentiment Indicator to show you the average prices.
If the average buy or sell entry price is far from the current price then contrarian traders may expect other 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 a contrarian trader may 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 a contrarian trader may 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.
*Disclaimer: Box is for visualization purposes only. Forex Market Sentiment Indicator is a digital product.
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 will identify what direction the market sentiment is and this can be used for contrarian trading.
It can be very beneficial to know what the market sentiment is, a contrarian trader does not want to trade with a blind fold on and hands tied behind their back!
The Forex Sentiment Indicator can open a whole new sentiment perspective to the forex market and the traders who help move it in one direction or the other.
We will see you on the inside!
Forex Sentiment Indicator Support.
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U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
All information on the forex auto millions website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold forex auto millions and any authorized distributors of this information harmless in any and all ways.
Your purchase of forex auto millions serves as your acknowledgement and representation that you have read and understand these TERMS OF USE and that you agree to be bound by such TERMS OF USE (“Agreement”). You accept that the agreement can be changed at any time and that you must comply with any changes made to the agreement.
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Results shown on the Forex Market Sentiment website are based on historical back testing and strictly no guarantee or claims are made for future performance. You should understand the risks involved with trading before using any forex software.
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Forex Sentiment Indicator | Forex Trading Volumes & Positions MetaTrader 4 Sentiment Indicator is backed with a 60 Day No Questions Asked Money Back Guarantee. If within the first 60 days of receipt you are not satisfied with Wake Up Lean™, you can request a refund by sending an email to the address given inside the product and we will immediately refund your entire purchase price, with no questions asked.
