Market Sentiment is an indicator for MT5.
Market sentiment is the feeling or tone of a market. Also called investor sentiment, it is generally described as being bullish or bearish :
When bulls are in control, prices are going up.
When bears are in control, prices are going down.
Markets being driven by emotions, the market sentiment is about feelings whereas fundamental value is about business performance.
Range in bars : numbers of bars used for the calculation, at your own convenience, default is 100
Price averaging’s period : period for averaging prices, at your own convenience, default is 13
Show signals : will show an arrow for buy & sell opportunities, at your own convenience, default is true
0 : Bulls in % (always positive, ie. 75.5%)
1 : Bears in % (always negative, ie. -24.5%)
2 : Long entry, non-null is a signal (always -90)
3 : Short entry, non-null is a signal (always 90)
NB 1 : Bulls + MathAbs(Bears) = 100%
NB 2 : -90 & 90 has been chosen arbitrarily in a graphical purpose.