
There are about 40 hours of data available for M5, 30 days for H1, and 10 months for D1.Ī breakdown of community members and the sizes of their positions is visible below the details chart. The details also show a chart for lots/traders in M5, H1 or D1 timeframe. All values are broken down into longs, shorts and total. They include Traders, Lots, Average Entry Price, Average Trade Duration, Winning Trades and Losing Trades. The numbers are presented in a very accessible manner.Īdditionally, it is possible to view the details for an individual currency pair. However, they can be changed to almost any other currency pairs. By default, they are: EUR/CHF, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, GBP/JPY, EUR/GBP, and EUR/JPY. Positions / Live Accounts indicator shows a breakdown of long/short traders and lots for 10 currency pairs at a time. Combined with the requirement of opening a live account with them (which is a real pain), this makes it a suboptimal choice of a Forex sentiment analysis source unless you are already trading with this broker. Overall, the market sentiment information offered by Oanda isn't very exciting. The symbols in Oanda's Sentiment Trader panel include: AUD/NZD, AUD/USD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, XAU/USD. Hovering the mouse pointer over a sentiment histogram invokes a tooltip with the exact percentage value for long or short positions: The list of symbols includes 11 currency pairs and 1 commodity pair (gold). However, the highest timeframe available there is H1 (hourly) with a maximum of 20 data points in the chart. The symbol view offers a doughnut chart with percentage values for long and short trades held by Oanda's retail traders:īelow the sentiment chart, there is a price chart featuring the history of the sentiment index. It can be used to place trades and to track existing positions across currency pairs.Īnyway, it offers two views: the current trading symbol and the list of currency pairs. In reality, the sentiment analysis tool is an expert advisor, not an indicator and is called OANDA Sentiment Trader.
Ctrader oanda install#
Oanda provides retail sentiment data via its premium indicators set for MT4 that live account traders can download and install on top of their MetaTrader 4 platform. Below, you will find descriptions of some of the most popular online Forex sentiment meters. You would need to combine information from several brokers to get a more precise picture of the situation with the retail sentiment because brokers base their sentiment values on their client base, which is limited even at big companies. While exchange-based sentiment meters for futures trading ( Commitment of Traders report) can even show separate numbers for different types of traders, spot Forex traders are usually limited to retail trade sentiment meters provided by big brokers. Market sentiment shows the current disposition of traders relative to specific currency pairs.
