AMarkets broker recently released a new analytical tool – a trading plan. The company continues to improve and offer traders updates.
A new analysis tool from AMarkets is the “Sentiment Indicator”. This function allows the broker to analyze the market situation in real time. The innovation shows the ratio of open trades of the trading platform users. It allows determining whether the market mood is neutral, bullish or bearish. The statistics shows that the prevalence of one of the parties by 70% indicates that the asset is overbought/oversold. In this situation, the market movement will be directed to where there are fewer traders.
AMarkets notes that investors can find more information about the functions and use of the indicator on the broker’s website. The update can be found in the “Services” section of the trader’s personal cabinet.