You may have to registerbefore you can post: click the register link above to proceed. To start viewing messages,select the forum that you want to visit from the selection below. Been around in this forum for some time I never saw any one talking about using cot index. In which case it is very good and useful tool for some technical and fundamental analysis.Now what is COT you will ask: Commitments of traders.
COT index is the percentile of the difference between net speculative positioning and net commercial positioning measured over a specific free cot indicator for metatrader 5 full of weeks which would be 13. Now, when a reading close to 0 is bearish if free cot indicator for metatrader 5 full currency in question has reversed from uptrend and is bullish if the currency has been decliForexTraders.com now brings you 25% discount on a COT indicator for Metatrader 4.
With our COT indicator you will receive the latest Commitment of Traders figures as soon as they are released by the CFTC. As a consequence, there is no reliable volume data available that includes all the trades made in the foreign exchange market. Hello bro, i seeing this thread is similar with this one: and untillMetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.
Millions of traders with a wide range of needs choose MetaTrader 4 to trade in the market. The platform offers ample of opportunities to traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, as well as mobile trading applications.Signals and Market additional services extend MetaTrader 4 frontiers. The Signals service allows you to copy trades of other traders, while the Market provides you with various Expert Advisors and Technical indicators that you can buy.
Divergence based on a standard MACD with Alert and language selection.The MACD is not required to be present on the chart. However, if a standard MACD is attached, the divergence lines will be drawn both on the chart and in the indicator window, and the indicator will use the MACD settings. BarTimerIt displays the current location in time relative to the beginning and end of the current bar. It additionally displays the proportion of time elapsed from the beginning of the bar as a percentage of the duration of the whole bar.
It is useful for monitoring the moment of making the trading decisions. Nothing of it does contain any new information bits compared to pricechart of OHLCV format. The price movement is determined by fundamentallaw of supply and demand. Many traders know about it, but just a few use it. To be a contrarian you must go against the HERD not the TREND.
The RPM shows you where the herd is.