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Oanda's Open Position Ratio Graph

Pros:

It is a simple and free tool that indicates the ratios of long and short trades as well as the number of open trades for each currency pair. There are no manual calculations, the application is updated automatically.

Cons:

The tool is updated every hour, which may be too slow or delayed for some traders. Also the application only looks at a few major currency pairs.

Overview:

The Open Position Ratio tool is free to use on the Oanda FXTrade website. Also at the bottom of the tool there are explanations that help you interpret the graphs that the application displays.

Check out this tool