How do your perceptions of the markets compare to other OANDA clients?

Introducing our new Open Order Book MT4 indicator so you can see aggregate OANDA client open orders directly on your MT4 charts.

Our standard edition indicator is included with your OANDA Live account

The standard edition Indicator allows you to view the distribution of aggregate buy orders and sell orders placed by OANDA traders on an MT4 chart for specific currency pairs. This may provide insight into market sentiment. The data is refreshed approximately every 20 minutes.

Available for many currency pairs:
USD/JPY, EUR/USD, EUR/JPY, GBP/JPY, AUD/JPY, AUD/USD, GBP/USD, EUR/AUD, EUR/CHF, EUR/GBP, GBP/CHF, NZD/USD, USD/CAD, USD/CHF

Automate your strategies

ADDING THE STANDARD INDICATOR:

number 1

Download the package

The package includes the .ex4 and .dll files and a manual on how to add the indicator to your MT4 charts and customize it to your preferences.

number 2

Add it to your MT4 indicators list

Use the included manual to install and configure the indicator.

number 3

See OANDA client sentiment in MT4

After the indicator has been added to your MT4 library, you'll see the OANDA client open order book sentiment directly in your MT4 charts.

Want to upgrade to our premium indicator?

The premium edition Indicator allows you to view the distribution of both aggregate buy and sell orders and aggregate buy and sell positions placed by OANDA traders for specific currency pairs. It also allows you to view non-cumulative orders and positions.

This is one of the many benefits of joining OANDA Premium.

Explore Premium
Charting

CHOOSE PREMIUM OR STANDARD EDITION

Features of each edition
(displays aggregate data only)

Features
Standard Edition
Premium Edition
Open Orders
Yes
Yes
Open Positions
No
Yes
Option to display non-cumulative orders
No
Yes

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Losses can exceed investment

MQL4 API for MT4

Reference several pre-existing custom OANDA indicators and scripts in your MT4 client, or create your own using the MQL4 API for MT4.

† Disclaimer:

Hedging capabilities not available to residents of the U.S.

Contracts for Difference (CFDs) or Precious Metals are NOT available to residents of the United States.

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 on FX products and limits to leverage offered on CFDs apply. Maximum leverage for OANDA Canada clients is determined by IIROC and is subject to change. For more information refer to our regulatory and financial compliance section.

Expert Advisors (EA) are automated trading tools developed by third parties. OANDA assumes no liability for loss attributable to the use of EAs on the MetaTrader 4 software.

OANDA Technical Analysis, including Autochartist services and content, is provided for informational purposes only, and does not take into account any individual's personal circumstances, investment objectives, or risk tolerance.

Your capital is at risk. Losses can exceed investment. Leverage trading is high risk and not for everyone - find out more