Simple Volatility is a free volatility indicator for the MetaTrader 4.
Formula for the indicator calculation: High-Low.
This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts.
This indicator is the DEMO version of the Volatility Pro indicator.
- Width - width of the indicator histogram
- Color - color of the histogram.
Evgeny Belyaev, professional programmer and successful trader.