the. To define in simple terms, it can rightly be said that when a trader enter the market, it is called an open position and when a trader exit the market, it is called closed position. Examples of indicators of open positions. IOrdersInfo indicator was once created as a case study to demonstrate the operation of the MQL COrdersCounter software class, but turned out to be very useful in practice. Still, if you have any query or want to share your personal thoughts with us, feel free to write in the below comment section. We hope you found this article on MT4's iExposure to be of use. It displays information for each symbol, on all types of orders and open/closed positions as a convenient table. It considered if more than 70 of traders selling EUR/USD, it is likely the euro the dollar will not fall. Let's talk in about more detail about why it can pay to have this information readily at hand. Implementing a security transaction which is almost opposite of an open position is defined as fx close position.
But do not forget that this information comes from only one broker, and the overall mood of the market theory does not. This informer allows you to see the number and volume of open Forex positions on the most popular currency pairs. It is used by anyone who likes to check the market sentiment before making their investment. The Forex iExposure indicator in MetaTrader 4 allows you to see your open positions at a glance, helping you manage your trades more easily.
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Of course, you may want access to an even more comprehensive suite of tools for managing your trades. Having a tool such as the iExposure indicator that keeps your running P L in your line of sight is therefore not just useful but a necessity. Indicator number of open positions. Keeps track of the total volume, profit and the weighted average price of the tool.