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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.
Avis 3
Frank Paetsch
7267
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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4.65 (49)
Cet indicateur détectera des motifs harmoniques dessinés sur le graphique par des méthodes manuelles et automatiques. Vous pouvez consulter le manuel d'utilisateur à partir de ce lien: Ajoutez votre avis et contactez-nous pour l'obtenir. Il existe une version gratuite pour essayer ce produit sur MT4. Vous pouvez l'utiliser pour détecter les motifs Gartley et Nenstar: https://www.mql5.com/en/market/product/30181 Vous pouvez acheter la version complète de MT4 à partir de: https://www.mql5.com/en/m
Currency Strength Matrix
Raymond Gilmour
4.5 (26)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
Sneaky Busters 4
Mushfiq Faysal
5 (2)
Previous Price : $323.00 Current Price: $359.00 Future Price: Will increase soon NOTICE Please DO NOT buy this indicator if you are just learning about smart money movement . You need to have some experience with accumulation and distribution to fully grasp the gravity of this indicator. Since smart money does not play by the book , so this indicator was only developed to find their trail that they did not bother to hide . If the signals do not correspond to your trading style, this is not the
Cycle Sniper
Elmira Memish
4.39 (36)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Signal Bomb Bank : votre indicateur de confiance dans MetaTrader 4 Bomb Bank Signal est un indicateur puissant pour MetaTrader 4, conçu pour identifier les tendances les plus pertinentes du marché financier. Si vous recherchez un outil qui anticipe avec précision les mouvements, la Bomb Bank est l’alliée qu’il vous faut. Comment ça marche : Cet indicateur combine trois méthodes distinctes – analyse de volume, clôture de bougie et tendance symétrique – pour détecter et signaler les opportu
Master Pullback
TDINVEST LLP
5 (3)
- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
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Le détecteur de séisme de marché  sismographique. 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 Quelle que soit la façon dont vous tradez, vous voulez absolument éviter d'entrer sur le marché à faible liqui
A. Qu'est-ce que l'A2SR ?   * C'est un indicateur technique avancé (pas de peinture, pas de retard). -- Conseils : -- sur https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- et https://www.mql5.com/en/users/yohana/blog A2SR a une technique spéciale pour déterminer les niveaux de Support (demande) et de Résistance (offre). Contrairement à la manière ordinaire que nous avons vue sur le net, A2SR a un concept original pour déterminer les niveaux réels de SR. La technique origin
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
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
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
Filtrer:
Frank Paetsch
7267
Frank Paetsch 2021.03.07 10:12 
 

good Indicator, thank you

Yohana Parmi
11168
Réponse du développeur 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.

Répondre à l'avis
Version 3.4 2021.11.20
Important update for performance.
Version 3.3 2020.01.16
Minor fix
-- requested by a valuable user.
-- : The chart should not be locked to a certain scale.
Version 3.2 2020.01.16
Minor fix
-- User can select objects in the chart.
Version 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
Version 2.9 2019.03.18
Minor fixes displaying MS on 4K Screen
-- add option Font Size.
Version 2.8 2017.06.15
Minor fixes and
Update New Feature:
----
1. Automated Trendline for S/R,
2. New technique for early sign of breakout and breakdown.
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