How does the indicator work?
The indicator’s values can range between 0 and 100. The greater the number of traders selling the currency, the closer the indicator is to zero. And vice versa – if buyers dominate the market, the indicator’s readings will be closer to 100. At the same time, the extreme values are almost never reached.
How to interpret the readings of the indicator?
⩽30: the instrument is oversold, a buy signal.
⩾70: the instrument is overbought, a sell signal.
30-70: the instrument is in the neutral zone. It’s better to refrain from trading.
What are the available filter options?
Instrument — alphabetically by the instrument’s name.
Signal — by the type of signal.
Relation — based on the buyer-seller ratio.