XXBuyLevel

Average level of all pending buy orders on a currency pair

Values of average entry points of bulls and bears show average levels at which a currency was bought at various time. Calculation of these values is based on all currently open positions taking into account their quantity and lots.

As a rule, values of average entry points of bulls are higher than the current market rate of a pair. On the other hand, an average value of entry points of bears is lower than the current market rate of a pair.

If the current market rate of a currency pair is below an average bearish entry point (sellers of a currency pair), a trend of a falling rate has originated.

In case the current market rate of a currency pair is over an average bullish entry point (buyers of a currency pair), a trend of a rising rate has originated.

In MetaTrader Terminal of InstaForex this type of statistics is available in the form of XXYYYYYYY symbol, where XX has the following meanings:

for EURUSD XX=EU

for GBPUSD XX=GU

for USDCHF XX=UC

for USDJPY XX=UJ

for USDCAD XX=UD

for EURCHF XX=EC

for EURJPY XX=EJ

for GBPCHF XX=GC

for GBPJPY XX=GJ

To display the symbol, right click the Market Watch window in InstaTrader, the trading platform MetaTrader 4 by InstaForex, and choose “Show all” in the drop-down menu.