These sentiment indicators in Forex are either numerical or graphical representations of traders' good or bad perceptions of market conditions. An example might be the percentage of trades in a currency pair that have taken a specific position. MT4 is a popular trading platform that allows the use of many trading indicators. Indicators like these can help traders avoid losing trades or confirm that they are positive about winning trades. In forex, order book, VIX index, and profit ratio are some indicators of market sentiment.