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Looking for an indicator which tell that most people are in buying or selling trend

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evilgenius

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Hello,

I have recently came across a trader, he use some kind of indicator or something. And it tell him that most people are in buying or selling. Is it possible?
 
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Use such an indicator that provides traders with a trend-specific ideas. Then select a regulated trading broker.
 
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The Bollinger band is one of the most widely used trend indicators, especially among retail traders. Introduced by the American Financial analyst, John Bollinger, these indicators have two uses – they show traders the trending conditions and they help measure market volatility.
 

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