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Sentiment Data
Jul 17, 2021 at 12:33
2,405 Views
10 Replies
Jul 17, 2021 at 12:33
Hi there, I was wondering where MyFXbook gets their market sentiment data from? I could not find this information anywhere. The reason I ask is that I notice it differs wildly from another market sentiment data provider, namely IG, which begs the question: which one is correct?
Thanks!
Thanks!
Member Since Mar 16, 2021
447 posts
Jul 18, 2021 at 13:53
I don't understand your point clearly but I have some idea. You must be talking about market sentiment. I have been in the market for a long time, but at first, I lost a lot because my emotions worked more. I used to make losses in trades that have the potential to make a profit. Sentiment has caused me a lot of losses.
Member Since Jul 31, 2009
1418 posts
Jul 30, 2021 at 05:05
The sentiment data is based on live accounts that are connected to Myfxbook, thus our sentiment data is unique and will be different from other sentiment data sources.
You can contact our support via email at [email protected] if you require additional information about our sentiment.
You can contact our support via email at [email protected] if you require additional information about our sentiment.
Member Since Mar 16, 2021
447 posts
Jul 31, 2021 at 13:11
Staff posted:
The sentiment data is based on live accounts that are connected to Myfxbook, thus our sentiment data is unique and will be different from other sentiment data sources.
You can contact our support via email at [email protected] if you require additional information about our sentiment.
Thank you very much. To provide information.
Member Since Oct 19, 2020
8 posts
Sep 30, 2021 at 19:26
It's not a big mystery. It can be found on various analytical resources.
Oct 06, 2021 at 09:49
Mmmmmmmm well..... after analysing it for some time, it's clear it often works, but does not always work, so you're somewhat left nonethewiser because just when you think you can rely on it, price has already exhaused itself going 'against the crowd' and it won't work :| Also, the data can be rather different from provider to the next, perhaps some work out the % long or short purely on customer/account numbers, not lot numbers like Myfxbook does
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