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MastersOfTrading
Jul 28, 2020 12:11 AM

MoT - CoT (Open Interest) - Market Sentiment (FX) 

British Pound/U.S. DollarFXCM

Description

**THE INDICATOR**

Here we have this Indicator our CoT (Open Interest) - Market Sentiment Indicator for FX. This provides a great insight in to market sentiment for Forex, based on open interest from the CoT-reports. It tracks sentiment from smart money only.


**THE CHART**

GBPUSD on the Daily Time Frame


**ON THE CHART INDICATORS**

- Below the chart we have this Indicator out CoT (Open Interest) - Market Sentiment Indicator for FX which takes market data of current long and short interest.

- In the Bottom Panel we have our OBV-ATR indicator and you can see the power of having the Moving Averages on the indicator which are very powerful at helping identifying possible reversals.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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