OPEN-SOURCE SCRIPT

Identifying Trapped Traders - Market Phycology Indicator

24 478
This indicator displays how many buyers and sellers are trapped into their positions. These figures are calculated by comparing the price they entered their positions, to the current price +- trading fees.

This indicator also features an option to account for trading fees, so that it can be used as reliably in the real world, on real people as much as possible!

The chart is a simple zero-line cross, displaying both buyers and sellers trapped in the form of a histogram.

Hope you enjoy! Happy trading!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.