The content provided by Tradeciety does not include financial advice, guidance or recommendations to take, or not to take, any trades, investments or decisions in relation to any matter. Please log in again. Developed by Rexon, Edited by Analytical Trader, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), On the other hand, the SSI shows the actions of small retail traders, which are usually wrong and in the. There are inherent risks involved with trading, including the loss of your investment. That makes things even more difficult in identifying the smart money movements. It's hard to say exactly why an indicator works or doesn't work, but there are some clear flaws with this indicator's logic. Only these traders are capable of placing orders large enough, and in an organized manner, to sustain market trends, so you should look closely at what they are doing. A novice trader probably would have sold once the RSI entered in overbought territory, which would have caused him to lose money. In the example above, we have the EUR/USD with the RSI indicator showing overbought conditions in the market. For example, the past 10 years have seen the average hedge fund consistently underperform "dumb" mom and pop who just buys and holds. CTA Trading Strategy - The Only System You Need To Use, Forex Basket Trading Strategy – A Way to Win When you Lose, Event Driven Trading Strategies – An Unorthodox Approach, 816 Ligonier Street #405 Latrobe, PA 15650, Leading Forex indicators (Parabolic SAR, RSI, Stochastic), Confirming Forex indicators (On Balance Volume), Forex momentum indicators (RSI, Stochastic, CCI, Williams %R), Forex trend indicators (Moving Averages, MACD, Parabolic SAR), Forex volatility indicators (Bollinger Bands, Envelopes, ATR), Forex sentiment indicators or FX volume indicators (OBV, Chaikin Money Flow). The Smart Money Flow Index can be calculated for any stock market index. Where can you get regular updates for the Smart Money Index? How to install Smart Money Pressure Oscillator MT5 Indicator.mq5? Our forex trend indicator will enable you to tell whether prices are likely to increase or decrease. Each time, the unemployment data shifted first and the US-Dollar followed afterwards. The professional traders use those numbers to determine the long term trend and the overall market sentiment. This formed a "bullish divergence", which suggests that the stock market should rally soon. Examples include MACD, stochastics, moving averages, etc. Is AvaTrade a Safe... XM Broker Review 2020 – Must Read! © 2020 ForexMT4Indicators.com. Where can you get regular updates for this indicator? NYSE $UVOL minus $DVOL; the net up volume.