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Forex speculative sentiment index
hence the blurred graphics on the images below. Parameters, data Type: Displayed Data?: Select SSI to view an SSI bar graph. Graphically, I need the EA to be similar to the Speculative Sentiment Index provided by fxcm in terms of visual representation. Select Percentage Long to view a line graph with the percentage of current positions that are long. It is based on the data from the fxcm. This provides a net total of orders any of given price levels. Cons of Source: Oanda's ratios are in-house, derived from the positions of their own clients, and this makes the ratios limited in scope, as they do not reflect the numbers of the retail consumer industry as a whole. Percentage Long Width: Select line Width for Percentage Long. There is no handy archive of previous week's reports, and there is no track record of the success or failure of the SSI's signals.
Pros: Oanda provides three levels of sentiment (last 20 minutes, 24 hour, 30 day) and one can easily explore the richness of each one. Complimentary Source: FXLab's Historical Positions Ratio. Now you can get the sentiment of your trading peers plotted right on your chart. Percentage Long Display Options: Percentage Long Color: Select line Color for Percentage Long. They include Traders, Lots, Average Entry Price, Average Trade Duration, Winning Trades and Losing Trades. The current index presents the percentage shares of buy and sell positions for a given currency pair or currency.
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