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Market Sentiment and Sideways level

5

Ideally, this is we hope:

  • The good numbers on news should make the related currency become stronger,
  • and the bad numbers on news should make the related currency become weaker.

But the fact is:

  • The good numbers on news that has been written on the economic news calendar could not always instantly make the related currency become stronger.
  • and vice versa, the bad numbers could not always instantly make the related currency become weaker.

Before placing new position:

  • We need to know which actually strengthened or weakened between the related currency after the news released.
  • The market reaction to an economic news or a central bank speech, is market sentiment.


What is Market Sentiment indicator

  • This indicator is designed to see opportunities in economic news events, or during a central bank speech.
  • Market Sentiment indicator is monitoring the movement of currency index strength between USD and Euro at the event.
  • Regardless of the numbers in economic news, Market Sentiment has conclusion which actually strengthened or weakened between USD and Euro.
  • Market Sentiment is a technical indicator that contains the results of the fundamentals.
  • Market Sentiment has 5 reflections of market action in time frame: H1, H4, Daily and Weekly:
    1. USD strengthened, and Euro weakened
    2. USD weakened, and Euro strengthened
    3. USD and Euro in sideways (mixed)
    4. USD and Euro are both strengthening
    5. USD and Euro are both weakening.
  • The green represents strengthen, and red represents weakening.
  • Before actually strengthening occurs, it will start with a number gradually ascending from red to green.
  • Before the weakening occurs, it will start with a number that gradually decreases from the green to red.
  • This is suitable for trade EURUSD, USDCHF, GBPUSD and EURGBP.


How to use Market Sentiment

  1. Look at the website that providing a real time Economic News Calendar,
  2. Change the time setting to match your location.
  3. Wait for news that have a Moderate or High Volatility as market expected.
  4. At the time news announced, wait for 15 minutes for monitoring Market Sentiment.
  5. Usually, within 15 minutes then Market Sentiment has conclusion which is strongest and weakest between USD and Euro,
  6. or even range bound (sideways).
  7. Market Sentiment can also be used for scalping.


Input parameters

  • Suffix Currency Pair - Leave it empty if your broker does not have suffix currency pair. e.g. EURUSD, USDCHF, and so on. If your broker has suffix like EURUSDm, EURUSDi, etc, then you should enter with m, i, and so on. Default is empty.
  • Display Jump-Fall Daily-Weekly - true is for displaying "how far" price will jump or fall. Default is true.
  • Display text-price - true is for displaying the price on jump/fall levels. Default is true.
  • leftmargin - is margin left for displaying Market Sentiment. Default is 50.
  • bottmargin - is margin bottom for displaying Market Sentiment. Default is 80.
Comentarios 3
Frank Paetsch
7008
Frank Paetsch 2021.03.07 10:12 
 

good Indicator, thank you

cvdestyfx
2702
cvdestyfx 2020.01.16 02:27 
 

The indicator has a number of useful features that can be enabled or disabled according to the user's preference. Seller is friendly and quick to provide support and to make adjustments/updates when needed.

Dennis22779
809
Dennis22779 2018.09.09 07:53 
 

Very nice tool to confirm the trade before enter in the market.

In combination with price action it is really an treasure.

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¡ACTUALMENTE 20% DE DESCUENTO ! ¡La mejor solución para cualquier operador novato o experto! Este indicador está especializado en mostrar la fuerza de la divisa para cualquier símbolo como Pares Exóticos, Materias Primas, Índices o Futuros. Es el primero de su clase, cualquier símbolo se puede añadir a la 9 ª línea para mostrar la verdadera fuerza de la moneda de Oro, Plata, Petróleo, DAX, US30, MXN, TRY, CNH etc. Se trata de una herramienta de trading única, de alta calidad y asequible por
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (26)
Introduciendo       Quantum Breakout PRO   , el innovador indicador MQL5 que está transformando la forma en que comercia con Breakout Zones. Desarrollado por un equipo de operadores experimentados con experiencia comercial de más de 13 años,   Quantum Breakout PRO   está diseñado para impulsar su viaje comercial a nuevas alturas con su innovadora y dinámica estrategia de zona de ruptura. El indicador de ruptura cuántica le dará flechas de señal en las zonas de ruptura con 5 zonas objetivo de
Este indicador examina la estructura de precios de fractales de diferentes períodos para determinar los posibles puntos de reversión en el mercado, brindando tiempo a los operadores posicionales que ya tienen un modelo de valoración fundamental o técnico. A diferencia de su hermano menor, Reversal Fractals , este indicador no perderá las reversiones debido al período seleccionado, y encontrará fractales de reversión en forma de zig-zag, ignorando esas reversiones que no tienen el impulso sufici
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.82 (17)
¡TakePropips Donchian Trend Pro   (MT4) es una herramienta poderosa y efectiva que detecta automáticamente la dirección de la tendencia utilizando el Canal Donchian y le proporciona señales comerciales de entrada y salida! Este indicador multifunción incluye un escáner de tendencias, señales comerciales, panel estadístico, filtro, sesiones comerciales y panel de historial de alertas. ¡Está diseñado para proporcionarle señales comerciales y ahorrarle horas analizando los gráficos! Puede descargar
There is No use in the Testing Demo. You will understand nothing from running flashing numbers. It is a Dashboard. Just try to understand idea, get it and I will help in everything further. Symbols must be separated by commas (,) and entered into the parameters exactly as displayed by your broker to ensure they are recognized in the dashboard. These symbols will be used for analysis by the indicator. With one click open any pair any timeframe directly from dashboard The MA Speedometer Dashboar
Presentamos ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicador avanzado diseñado para detectar diversas formas de patrones en el mercado mediante métodos tanto manuales como automáticos. A continuación, te explicamos cómo funciona: Patrones Armónicos: Este indicador puede identificar patrones armónicos que aparecen en tu gráfico. Estos patrones son esenciales para los traders que practican la teoría del trading armónico, tal como se popularizó en el libro de Scott Carney "Harmonic Tradi
Shepherd Harmonic Pattern
Abdullah Alrai
4.68 (59)
Este indicador detectará patrones armónicos que se dibujen en el gráfico mediante métodos manuales y automáticos. Puede consultar el manual del usuario en el siguiente enlace: Agregue su opinión y contáctenos para obtenerlo Existe una versión gratuita para probar este producto en mt4. Puede utilizarlo para detectar patrones de Gartley y Nenstar: https://www.mql5.com/en/market/product/30181 Puede comprar la versión completa de MT4 en: https://www.mql5.com/en/market/product/15212 Notas El indicad
Market Overview MT4
Mehran Sepah Mansoor
5 (1)
Optimice sus decisiones de trading con nuestro indicador de fuerza y sentimiento del mercado y deje de operar contra tendencia! Diseñado meticulosamente para los operadores serios que valoran la información precisa y oportuna, nuestro indicador proporciona una vista de pájaro de los 28 pares principales de una manera muy sencilla. Esta herramienta es capaz de clasificar los pares de divisas basándose en términos de popularidad, fuerza de tendencia alcista o bajista y porcentaje de compradores y
Otros productos de este autor
El Detector de Terremotos del Mercado  Sismógrafo. Description in English : https://www.mql5.com/en/market/product/113869?source=Site+Market+Product+Page#description How to use the Seismograph : https://www.mql5.com/en/market/product/113869#!tab=comments&page=2&comment=52806941 Create an EA : https://www.mql5.com/en/market/product/113869#!tab=comments&page=3&comment=52816509 Cualquiera que sea la forma en que opere, definitivamente desea evitar la entrada en el mercado de baja liqui
A. ¿Qué es A2SR ?   * Es un indicador técnico líder (sin repintado, sin retraso). -- Guía : -- en https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- y https://www.mql5.com/en/users/yohana/blog A2SR tiene una técnica especial para determinar los niveles de Soporte (demanda) y Resistencia (oferta). A diferencia de la forma ordinaria que vimos en la red, A2SR tiene un concepto original para determinar los niveles reales de SR. La técnica original no se tomó de Internet y tampoco
Trades Manager MT4
Yohana Parmi
5 (3)
What Trades Manager can do for your trades . Collect all order positions into one chart (pict. 1). All orders will be grouped by pair symbol , sum of order positions, lots, running pips, and profit/losses. All orders will be summarized and displayed at the bottom of the panel. You can set target profit, stop loss and placing stop-profit automatically to each order (pict. 4). From one chart, it will be easier to monitor and manage all orders without moving to another chart. The green color is sur
Key Breakout and Jump/Fall levels. No lagging. No repaint. Trend line is useful for detecting pattern, which is intended for the triangle pattern, Support & Resistance lines, and as a breakout up or down line.  The trend lines are formed first before the price of the pair reach it. So it does not repaint.  Each line has a description, such as Support, Resistance, Current-Support as key breakout down, and Current-Resistance as a key breakout up.  Each broke out line turns into a new support or re
Semi Automated EA for working as your trading assistant. Overview Trading planner will make you act like professional traders in real markets. Before entering markets, they make a plan for their trades, screening out all opportunities in all time frames. Trading Planner can be used for all Time Frames (M1 ~ MN). Simply draw trendline as a trend and Support/Resistance . At this version , market opportunities will be taken by trendline using strategy of 1, 2, 3 . Simply draw the trendline by defi
Filtro:
Frank Paetsch
7008
Frank Paetsch 2021.03.07 10:12 
 

good Indicator, thank you

Yohana Parmi
11099
Respuesta del desarrollador Yohana Parmi 2021.03.07 11:58
🙏 Thank very much,
- - God bless you 🌻
cvdestyfx
2702
cvdestyfx 2020.01.16 02:27 
 

The indicator has a number of useful features that can be enabled or disabled according to the user's preference. Seller is friendly and quick to provide support and to make adjustments/updates when needed.

Dennis22779
809
Dennis22779 2018.09.09 07:53 
 

Very nice tool to confirm the trade before enter in the market.

In combination with price action it is really an treasure.

Respuesta al comentario
Versión 3.4 2021.11.20
Important update for performance.
Versión 3.3 2020.01.16
Minor fix
-- requested by a valuable user.
-- : The chart should not be locked to a certain scale.
Versión 3.2 2020.01.16
Minor fix
-- User can select objects in the chart.
Versión 3.1 2020.01.16
Minor fix
1. User can use their own favorite chart style (bar chart, candlestick or line).
-- There is no default for bar chart (requested by user).
2. Increase performance in reading data for Market Sentiment
Versión 2.9 2019.03.18
Minor fixes displaying MS on 4K Screen
-- add option Font Size.
Versión 2.8 2017.06.15
Minor fixes and
Update New Feature:
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1. Automated Trendline for S/R,
2. New technique for early sign of breakout and breakdown.
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