Showing posts with label Volatility Indicators. Show all posts
Showing posts with label Volatility Indicators. Show all posts

Monday, April 23, 2012

Chandelier Exit

 Forex MT4 Chandelier Exit indicatorChandelierExit.mq4

Quick Summary

The Chandelier Exit is a volatility based exit. It is based on average true range. See ATR indicator.

Bollinger Bands

Bollinger Bands – a simple yet powerful indicator, ideal for traders who like visual style of trading.


Bollinger Bands: quick summary

Created by John Bollinger, the Bollinger Bands indicator measures market volatility and provides a lot of useful information:

Average True Range (ATR)


Developed by Wilder, ATR gives Forex traders a feel of what the historical volatility was in order to prepare for trading in the actual market.

Forex currency pairs that get lower ATR readings suggest lower market volatility, while currency pairs with higher ATR indicator readings require appropriate trading adjustments according to higher volatility.