This is True sentiment indicator. You can easily know how the sentiment is.
Lines Bull : lime line / bullish sentiment amount Bear : red line / bearish sentiment amount with 2 moving average lines for each and yearly(in daily chart) high & low lines on top & bottom
How to read 1. Bull condition : green background / Bull amount is above MA & Bear amount is below MA 2. Bear condition : red background / Bull amount is below MA & Bear amount is above MA 3. Caution : yellow background / Bull amount is above MA & Bear amount is above MA 4. Neutral : no background / Bull amount is below MA & Bear amount is below MA
This works best on daily stock charts but also works well for any charts. Please give it try for 1 week free.