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
Panagiotis Charalampous, where can we access the advanced third party sentiment tools that consider volume of open positions?
samkenia
14 Oct 2019, 16:25
RE:
Panagiotis Charalampous said:
Panagiotis Charalampous, where can we access the advanced third party sentiment tools that consider volume of open positions?
@samkenia