How to use the Sentiment indicator in Fixed Time Trading on Olymp Trade Platform?

Introduction: 

The Sentiment indicator is a great tool for forex and fixed time traders. It allows you to see how other traders are trading a particular currency pair. This can be very helpful in making trading decisions. In this blog post, we will show you how to use the Sentiment indicator in Fixed Time Trading on the Olymp Trade platform.

How to use the Sentiment indicator?

The first step is to open the Olymp Trade platform and log in. Once you are logged in, go to the “Tools” tab at the top of the screen and then click on “Sentiment”.


This will bring up the Sentiment indicator window. Here, you will see two different tabs: “Currency Pairs” and “Timeframes”. Under the “Currency Pairs” tab, you will see a list of all the currency pairs that are available for trading on Olymp Trade. Select the currency pair that you want to trade. For example, we will select EUR/USD.

 

Under the “Timeframes” tab, you will see a list of different timeframes that are available. Select the timeframe that you want to trade. For example, we will select 1 hour.

 

Once you have selected your currency pair and timeframe, you will see a list of all the trades that have been made in that currency pair in that timeframe. The left hand side of the list shows all the BUY trades and the right hand side shows all the SELL trades. The larger the number next to each trade, the bigger that trade was.

 

You can use this information to help you make trading decisions. If there are more BUY trades than SELL trades, that means that most traders are buying that currency pair and they expect it to go up in value. If there are more SELL trades than BUY trades, that means that most traders are selling that currency pair and they expect it to go down in value. Of course, this is not always accurate but it is a good general guide. Use this information along with other indicators (such as technical analysis) to help you make informed trading decisions.

Conclusion:

The Sentiment indicator is a great tool for forex and fixed time traders. It allows you to see how other traders are trading a particular currency pair and can be very helpful in making informed trading decisions. Try using it on your next trade!

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