Market Sentiment 2.0

Indikator Metatrader (MT4/MT5)

  • Ikhtisar

    This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns.

    • Find early reversals
    • Confirm short-term trades
    • Detect indecision on the market
    • Take contrarian trades near support and resistance levels
    • Trade inside bars confirmed by overall direction of the market

    The overall attitude of market participants towards the instrument is portrated using a colored oscillator. The basic usage is the following:

    • You can buy when the histogram is green
    • You can sell when the histogram is red
    • Contrarians can do the opposite near support and resistance lines
  • ? FAQ
    Does the indicator repaint?
    No, the indicator does not repaint.
    Which are the input parameters?
    There are only two input parameters, fast and slow moving average.
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Screenshots

Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader
Market Sentiment Indicator for Metatrader