This indicator/strategy should be used similarly to how you would analyse sentiment data, when the crowd is bullish look to be short, when the crowd is bearish look to be long. It is also is inspired by Elliott wave, as it is looking for ending waves. The crowd tracker uses volume and price data to estimate how many people went long or short in a candle, then adds...
Sentiment Indicator for the National Association of Active Investment Managers Follow me on twitter for market timing and verified returns posted to my feed twitter.com
Sentiment Indicator for the American Association of Individual Investors Follow me on twitter for market timing and verified returns posted to my feed twitter.com
This new indicator analyzes the balance between bullish and bearish sentiment. One can cay that it is an improved analogue of Elder Ray indicator. To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb.