FXR Forex Sentiment Indicator

Displays real-time Buyer & Seller sentiment as percentage on MT4 charts
Clear color coding: Blue (Buyers), Red (Sellers)
Customizable position on chart (4 corners)
✔ Works with all pairs, all timeframes
Easy to use for both beginners & pros

📌 What is it?
The FXR Forex Sentiment Indicator is an informational tool for MetaTrader 4 (MT4) that calculates and displays real-time market sentiment directly on the chart.

📌 Key Functionality
✔ Displays Buyer and Seller power as a percentage for clear sentiment analysis.
✔ Uses a minimum of 100 ticks to calculate accurate sentiment data.
Blue color for Buyers and Red color for Sellers for easy visual understanding.

📌 Why is it useful?
✔ Helps traders quickly determine bullish or bearish conditions.
✔ Provides clear BUY and SELL signals based on market power:
  🔹 Buyers > 50% → Bullish → Potential BUY
  🔹 Sellers > 50% → Bearish → Potential SELL

📌 Customization
✔ Allows flexible positioning of sentiment display (any of the four chart corners).

📌 Compatibility
✔ Works with all timeframes and currency pairs.
✔ Suitable for all trading strategies (scalping, day trading, swing trading).
✔ Perfect for both beginners and experienced traders.

📌 File Info
✔ Download Size: 42.6 KB (Zip)

Input Settings & Controls

📌 Ticks Limit
✔ Defines the minimum number of market ticks required to calculate sentiment accurately. Higher ticks = more reliable data.

📌 Horizontal Position
✔ Sets the horizontal offset for the sentiment display on the chart. Adjust this to move the text left or right.

📌 Vertical Position
✔ Sets the vertical offset for the sentiment display. Adjust this to move the text up or down.

📌 Right Upper Chart Corner
✔ Specifies the reference corner where the indicator text will be anchored. Common options: top-left, top-right, bottom-left, bottom-right.

📌 Corner Position
✔ Determines the exact chart corner for placing the sentiment display for better visibility according to trader preference.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

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