Volatility and its evolution over time is one of the most important parts of not only forex but all other modern investments, because if volatility disappears from the markets, then the price simply stabilizes and that is never very good for investments.
The ModernVolatilityIndex is a brand new indicator that can very accurately report on the current volatility trend, so traders no longer have to think at length about whether or not it is a good time to participate in the market.
- Volatility indicator and its changes
- User Intensity: Medium
- Usability: Forex, Gold, Silver
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
There are a number of ways to trade this indicator, but the most commonly used is for the indicator to drop below a certain level along with the S/R levels that serve as entry points for trading positions (see chart below)
Download ModernVolatilityIndex from the button below