I opened this thread because I try to find such an indicators which are reflecting the market sentiment.
Market sentiment is mainly described by the COT reports (Commitment of Traders), put/call ratio etc., but I try to find indicators for the Metratrader 4 that can be suitable for investigate the market sentiment.
I have found indicators like these:
Balance of Power (BoP)
Bull Bears Power
Bears Power
Bulls Power
http://s4.postimage.org/280xkrs84/sentiment.jpg
Market sentiment is mainly described by the COT reports (Commitment of Traders), put/call ratio etc., but I try to find indicators for the Metratrader 4 that can be suitable for investigate the market sentiment.
I have found indicators like these:
Balance of Power (BoP)
Bull Bears Power
Bears Power
Bulls Power
http://s4.postimage.org/280xkrs84/sentiment.jpg
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