The Volatility indicator measures price fluctuations over a certain time period based on high-low prices.
It can help Forex traders looking for potential breakout trades.
The indicator works for every currency pair.
General Assumptions
Low volatility: Look for market breakout opportunities.
Download
Download the Volatility.mq4 indicator
EUR/USD Daily Chart Example
How to install the Volatility custom indicator in Metatrader 4?
- Download the Volatility.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.