Forex inside

Pending Sell orders

This indicator includes two lines which reflect the average values of pending Sell Limit and Sell Stop orders. Orders of these types indicate readiness of Forex traders to enter short positions on a given currency pair.

The Sell Limit level allows tracking the closest support of a given currency pair in case the rate grows. Approaching the Sell Limit average entry point augurs a fall in the rate in the closest time.

The Sell Stop level indicates an approximate breakthrough level of a certain currency pair if the rate drifts down. It means that the average price at which Sell Stop orders are placed is the one at which bears are ready to join a descending trend.

The indicator is only used to analyze how close the average Sell Limit and Sell Stop levels are to the current price, as the values of these orders never reach it actually.