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Indicator
57 downloads
Version 1.0, May 2025
Windows, Mac
"resha" uploaded image
"resha" uploaded image
Since 15/01/2025
57
Free installs

Feather Gauge – Forex Sentiment Indicator

The Feather Gauge is a visual sentiment indicator designed to represent market pressure in Forex trading. Styled like a speedometer, the gauge consists of three key zones:

  • 🟒 Green Zone: Represents strong bullish sentiment and potential upward momentum.
  • 🟑 Yellow Zone: Indicates a neutral or indecisive market, often a warning to proceed with caution.
  • πŸ”΄ Red Zone: Reflects bearish sentiment, signaling potential downward movement or overbought conditions.

The needle dynamically points to the current market bias based on a combination of technical indicators such as ATR (Average True Range), volume, volatility shifts, or algorithmic sentiment analysis.

This simple yet powerful tool helps traders quickly assess the market mood, aiding in strategic decision-making for entry, exit, or risk management.

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Forex
ATR
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Since 15/01/2025
57
Free installs