It is neither absurd nor something intelligent. It is just a metric that says what it says. And what it says is that x% of traders believe that the market will go up and z% of traders believe that will go down. It is up to you to decide if this information is helpful for you or not and if you should consider it in any way. If you are not happy with this feature you can always use more advanced third part sentiment tools that consider volume of open positions as well.
Best Regards,
Panagiotis
please consider adding volume of positions as well as this would be more representative of the true market sentiment
obaigw
22 Jul 2018, 19:57
RE:
Panagiotis Charalampous said:
please consider adding volume of positions as well as this would be more representative of the true market sentiment
@obaigw