PZ Market Sentiment MT5
- 指标
- PZ TRADING SLU
- 版本: 2.0
- 更新: 10 八月 2019
- 激活: 20
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. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
- 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
Input Parameters
- Fast MA: Fast moving average period
- Slow MA: Slow moving average period
- Alerts: Enable or disable alerts of all kinds
Author
Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
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