divergence software, inc.
Development & Consulting Services
Product Detail
TradeFlow - Sentiment
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
The TradeFlow-Sentiment indicator allows you to visualize the trading activity based on trade size. Only trades with a size within the range you have specified will be considered for purposes of creating the plot. The default settings will monitor the buying/selling of all traders, but useful information can be gained by filtering on large traders (i.e., those trading in lots of 50 and up..or even 100 and up). The idea being that by paying attention to what the "big money" is doing you can catch sentiment changes sooner and, in general, make better-informed trading decisions.
Specifications
- Product ID: TFL05
- Study only, no source code provided
- Requires eSignal 12.x or newer