Volatility Quality Indicator

Volatility Quality Indicator

The Volatility Quality Indicator for Metatrader 4 uses historical prices and calculates the volatility of the market. It is one of the leading indicators in the list of volatility indicators and provides the best trading signals.

Measuring volatility is a key factor for successful forex trading. The Volatility Quality Indicator for Metatrader 4 provides the traders with volatility and trend strength within the same indicator window. The indicator also displays arrow signals and provides trading alerts. The indicator is very customizable to provide signals from multiple time frames within the same chart to provide the best technical analysis for all types of forex trading.

How To Trade Using Volatility Quality Indicator Trading Signals

The above chart USDJPY H4 chart shows the trading signals using custom settings as the indicator is flexible. The indicator shows the BUY signals in LIME and SELL signals in RED color with arrows. The color of the indicator line stays LIME until the trend continues to be in the Upward direction. Oppositely the indicator color stays RED until the end of the SELL trend.

This Metatrader indicator can be applied for all types of forex trading, including breakout trading. However, technical traders can customize the indicator to receive signals from higher time frames. Forex traders using a multi-timeframe trading approach will find this technical indicator very beneficial. The forex traders can open multiple Metatrader indicator windows with different time frames ranging from higher to lower. Furthermore, these signals will provide the multi-timeframe forex trader with a TOP-DOWN approach to market volatility. This capability makes the volatility quality indicator a leading indicator.

This best MT4 indicator for market volatility is displayed as a line, unlike others which display as a meter. As this technical indicator displays arrow signals and provides signal alerts, new traders will find it easy and usable. On the other hand, experienced forex traders can apply it to identify various volatility levels and prepare an appropriate trade plan.

Volatility Quality MT4 Indicator Custom Settings

The following are the best custom settings for the Volatility Quality MT4 indicator. However, for best trading results, it is recommended to use different settings based on the currency pair applied.

Conclusion
The Volatility Quality Indicator for Metatrader 4 uses historical prices and calculates the volatility of the market. It is one of the leading indicators in the list of volatility indicators and provides the best trading signals. Moreover, the indicator can be applied to all chart-based technical analysis and trading. As a result, forex traders using volatility for technical analysis will very much appreciate this indicator.