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oanda's sentiment indicator

  • #1
  • First Post: Feb 21, 2010 6:33am Feb 21, 2010 6:33am
hi guys... well this is more a small app i came across but the links seem to be dead... does anyone have this program that could share their thoughts on it? I presume it delivers the same sentiment information as on their website?

http://www.filebuzz.com/fileinfo/214...ndicator_.html
  • #2
  • Feb 24, 2010 9:22am Feb 24, 2010 9:22am
Hello Jay,

I work at OANDA and I have never seen this tool that you are linking to. This does not seem to be the work of the company.

The tools we currently have are on display on the FXTrade webpage here:

http://fxtrade.oanda.com/tools/statistical_information/

From what you post I would suggest taking a look at Open Positions Summary and Open Orders Summary


Regards

Alfonso Esparza
OANDA Corporation
  • #3
  • Feb 26, 2010 1:46pm Feb 26, 2010 1:46pm
thanks for clearing that up Alfonso
  • #4
  • Nov 8, 2017 4:06pm Nov 8, 2017 4:06pm
I do not understand how my two TPs of 6 pips each were both by-passed. The candle past my Targets by 14 Pips. Can anyone help me with this? See chart below:

Attached Image (click to enlarge)
Click to Enlarge Name: nzdcad-m1-oanda-division1-3.png Size: 58 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #5
  • Nov 8, 2017 7:11pm Nov 8, 2017 7:11pm
Quoting DrForexMD
I do not understand how my two TPs of 6 pips each were both by-passed. The candle past my Targets by 14 Pips. Can anyone help me with this? See chart below: {image}
The simple answer:
Your broker on the news widened its spread for a while ( free robbery mode). Oanda famous for it!!
They claim market conditions, but use spreads up to 60 pips on news, far from how real market is.
So TPs often miss, and SLs often hit on the same news candle.

Now, that said, are you sure you wanted to dig out a 7 yrs dead thread to ask this??
there is always, always another trade!!
  • #6
  • Last Post: Nov 8, 2017 7:25pm Nov 8, 2017 7:25pm
Quoting DrForexMD
I do not understand how my two TPs of 6 pips each were both by-passed. The candle past my Targets by 14 Pips. Can anyone help me with this? See chart below: {image}
anything possible while you trading market maker during news. Now point was, did you use buy stop / sell stop OR had limit order? In most cases buy stop/sell stop may not work if no such quotes available at that point of time or price got a gap up or down. You need to use limit orders. However there was no guarantee of execution at specified price especially during high impact news release.
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