【MT4】Public Bias + Historical
?Whether it will rise or fall from here.
I think this is a challenge everyone faces when trading FX.
「Even when you look at the chart, right now「you can’t tell if buying is strong or selling is strong…」
Wouldn’t it be nice to have a tool that clearly expresses your worries with numbers?
Can you please look at the image below?
①This is the 1-minute chart of GBP/JPY. (After this, will the price go up or down?
②As a hint, we display the Euro/GBP 5-minute chart. (The euro is strengthening while the pound is weakening)
※Because the pound is weak, naturally you might think it will become cheaper. (However, if you’re chasing, you can predict to some extent, and perhaps it may retrace)
What I want to convey is,Can we capture the pre-movement signals of price changes?If we can understand that,couldn’t we enter in advance?That’s the point.
③Let's check the first image once more!
④Now, let’s look at the subsequent price movement!
In the enlarged chart, it moved 26 pips, but that day finally dropped 100 pips and then slightly reversed.
✅Why is this possible
Because we analyze the market's “buy/sell bias” in real time from past candlestick data. We display its progression as a histogram in time order.In other words,we can visualize the market participants’ psychological trend.
? Function Description
?Quantify market strength in real time
Analyze upward and downward movements for each candlestick, displaying green for buying dominance and red for selling dominance.
?Display historical bias movements historically
Not just the “now,” but the “trend” can be seen. You can see market turning points.Alerts when thresholds are exceeded
Equipped with real-time alert functionality to avoid missing the trend’s initial move.Weighting by tick volume
Highlights the impact of candles with high volume. Enables more reliable bias analysis.Multi-timeframe support from 1-minute to 1-hour
※ Shows good results in short-term day trading.Simple and visual design
? Indicator
If you don’t mind, please consider it‼
Click the link below.↓↓
※ The linked page recommends using it on the 5-minute chart. On the 5-minute chart, contrarian trading is recommended.
※ On the 1-minute chart, trend-following is recommended.
May everyone’s trading life go smoothly ???
Let's strive together!