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Thread: Forex Insider to know what the other traders are doing

  1. #1
    Senior Member fxtester's Avatar
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    Default Forex Insider to know what the other traders are doing

    This is an EA that gives the number of long and short trades from myfxbook real traders.

    You need a myfxbook account. To add http://www.myfxbook.com/ in MT4 > tools > options > expert advisors and to set your account in the EA inputs.


    Only the most traded pairs are appearing.

    Forex Factory has a similar widgets on its frontpage, but with 100 times less trade positions.

    EA : Forex Insider - First MyFxbook API Indicator by Forex21
    EA source : http://www.myfxbook.com/community/outlook
    Last edited by fxtester; 05-06-2016 at 15:21.

  2. #2
    Senior Member fxtester's Avatar
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    Default

    Now, the question is how to use this information.

    You can :

    - follow most of the traders,
    - be a contrarian trader,
    - set stop orders on average long/short entry,
    - set limit orders on average long/short entry.

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100, add, expert, expert advisors, forex, indicator, manual, mt4, pairs, real, source

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