One of the most important indicators in day trading and used by many professional traders is the EUWAX Sentiment indicator from Stock Exchange Stuttgart which reflects private investors’ behavior.
It is based on near-market orders placed by retail investors for leverage products on the DAX, XDAX, and DAX/XDAX combination. The more positive the value, the more strongly investors believe markets are rising. Equally, a negative value suggests investors expect prices to fall.
We track this data and bring it directly to your NinjaTrader software or you can access the easy-to-use API with any other trading platforms.
As history shows, you can use it as a contra indicator to strengthen your strategies in trading.
Please visit www.euwaxsentiment.com for more information.