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Yellow Free EA

by t76ahmed

 


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PZ_MarketSentiment EA

Topic: PZ_MarketSentiment EA

The Pz Market Sentiment indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to:


Find early reversals
Confirm short-term trades
Detect indecision on the market
Take contrarian trades near support and resistance levels
Trade inside bars confirmed by overall direction of the market


The overall attitude of market participants towards the instrument is portrated using a colored oscillator. The basic usage is the following:
You can buy when the histogram is green
You can sell when the histogram is red
Contrarians can do the opposite near support and resistance lines

Enhance your trading activity with the best Market Sentiment indicator, just like our customers have already done.

Post's attachments

PZ_MarketSentiment.ex4 13.1 kb, 27 downloads since 2017-09-10 

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Re: PZ_MarketSentiment EA

hi. thanks for send your way trade in this topic.
i have many question about this way.
what is best currency? 
what is the best timeframe ?

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Re: PZ_MarketSentiment EA

This is not the expert advisor. It's the indicator from pointzero-trading and They don't have expert advisor that name "Market Sentiment"

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Re: PZ_MarketSentiment EA

Does this method still work?
Sentiment is hard to capture in forex and constantly changing by the second.
Would be good to hear some feedback.

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Re: PZ_MarketSentiment EA

I didn't examine each and every possible set of values for the input parameters. However, I would use the settings shown in the backtest results on Post 1 to test the EA on EURUSD,H1 and on a demo account.

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