Sentiment Indicators: Using IG Client Sentiment
2021-04-25 08:00:00
Warren Venketas,
Markets Writer
Sentiment Indicators: Using IG Client Sentiment
The IG Client Sentiment (IGCS) is unique, proprietary and potentially helpful to traders. The article will outline the following illustrative points:
IGCS as a Technical Indicator: Summary
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What is IG Client Sentiment (IGCS)?
IG Client Sentiment (IGCS) is a tool that traders can use in conjunction with a broader technical and/or fundamental strategy. IGCS incorporates retail trader positioning (long and short) to formulate a sentiment bias. This is represented in percentage form (see image below) which aids traders in identifying market imbalances which could lead to possible opportunities.