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Re: Identify This Indicator

Krelian99, Sun May 27, 2018 5:18 pm

mades wrote: Fri May 25, 2018 10:36 pm Just to add, this is from forexfactory and the guy claims those indicators show you basically aggregated order book which, as we all know, is impossible in FX. He said its not Oanda or any other known order book plugin.
Why not possible in FX? He uses only the DumbMoney stops, right? The question just is where is the source for the information? I mean, where you find information about DM and you can be sure you avoid SmartMoney and Not-So-Dumb-Money? It reminds me of a pic of an indi where the 'real' long/short volume was shown. It accumulated the opened and closed positions of retail traders (the DM) in the tf. The indi wasn't very reliable from the view of a retail trader. For SM the information is more helpful. The older members may remind the pic form 2014:
The source was MyFXBook.com. He bought the information from them and he was negotiating about the pending orders as well. It seems to be the same guy and it looks like he had succeeded ;)
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