Category Trend  Published on 23/04/2021

Retail Sentiment Indicator v4

Description

Retail Sentiment
What if there was a way to know where the majority of retail traders were positioned in any given symbol at any given time?

      "Data Confirms Grim Truth: 70-80% of Retail Traders are Unprofitable
       https://www.babypips.com/news/almost-80-percent-of-retail-traders-are-unprofitable"

Simply trade against the majority of retail traders and you'll be guaranteed to profit.
Contact programsforfx@gmail.com for price.

Screenshots
The green line represents retail buyers and red is sellers. Once retail buyers are the majority, the edge is in doing the opposite.

EURUSD


using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class RetailSentiment : Indicator
    {
        protected override void Initialize()
        {
            ChartObjects.DrawText("RetailSentiment", "Please contact programsforfx@gmail.com", StaticPosition.Center, Colors.Red);
        }

        public override void Calculate(int index)
        {
            // Calculate value at specified index
            // Result[index] = ...
        }
    }
}


PR
programsforfx

Joined on 17.04.2019

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: RetailSentiment.algo
  • Rating: 5
  • Installs: 1425
Comments
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TH
thaihocsuper99 · 7 months ago

Hello, how to buy indicator

TR
trend_meanreversion · 3 years ago

Where are you getting historical retail sentiment data from ?