In recent years, the trading platform MetaTrader 5 has become more popular among traders. Currently, the platform is available to our clients only on PCs running Windows OS (it will be soon available on mobile devices running
iOS and Android). Compared to the popular MT4 platform, the new platform MetaTrader 5 provides traders with an expanded list of technical indicators and a large number of intervals for charts (21).
There are certain widely used volatility indicators that help the traders to know when the volatility is high or low in the stock which we will be discussing next. In order to know the periods of high and low volatility in the market, traders can use volatility indicators which will help them in analysing these periods. Volatility indicators can be excellent tools for identifying market transitions from high periods of volatility https://www.xcritical.in/ to low periods of volatility. These indicators when combined with other trending indicators such as momentum or technical indicators can form the basis of a flexible trading system. Thus, it is important for the traders to understand the volatility indicators which can help them to trade more effectively. The upper band is usually set two times the ATR above the EMA, and the lower band is set two times the ATR below the EMA.
Bar Patterns Traders should know
ELM constantly experiments with new education methodologies and technologies to make financial education effective, affordable and accessible to all. Whereas low readings from the ATR indicates periods of quiet or uneventful trading.» » » READ MORE