Aggregate positions added to Trades

With over 3,000 Trade Explorers actively synchronizing with brokerage accounts, we can now develop some very insightful applications using the aggregate data. Our first such creation is an application called Positions. Located on the Trades page, under the Leaderboard, Positions gives unprecedented insight into how forex traders are currently positioned in the market.

Positions only includes live accounts (no demos), and goes far beyond the traditional long-short ratio. For example, it displays ratios in terms of both traders and lots, tells you which traders are long and how many lots they’re carrying, shows you the lot-weighted average entry for all trades, and it displays historical ratios via interactive graph!

The aggregate numbers are made fully transparent by listing every trader that makes up the aggregate. For traders who have their Trade Explorers set to ‘Public,’ you can click through to their Explorer to see details about their position, and for those set to ‘Private’ or ‘Buddies,’ their positions are included in an anonymous format. Please note that traders who opt out of data aggregation (via Trade Explorer permissions) are not included in aggregate metrics or lists.

While there’s a bit of a learning curve, once you master Positions it can be a powerful tool that improves your edge in the market. If you have an idea for making it more useful, or if you run into any bugs, please let us know!

Posted by Scot, Forex Factory Senior Developer

5 Responses to “Aggregate positions added to Trades”

  1. hilmy83's Avatar
    hilmy83 says:

    this is similar to oanda open orders, but on STEROIDS! thanks for this application!

  2. ybfjax says:

    yes, MyFxBook has something similar. Very useful tool to see what traders (collectively) are thinking.

  3. puma2's Avatar
    puma2 says:

    Thanks for this stuff! Useful and informative.

  4. BernardWG's Avatar
    BernardWG says:

    Tumbs up for Scot and his team. Could well become even better then the applications provided by various brokers in the market. Thanks.

  5. mv6 says:

    very usefull stats ..

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