Kaufman Volatility is a free mt4 (Metatrader 4) indicator that measures and displays market volatility in a sub-trading window.
The indicator can be used as a standalone trading tool or as an additional market volatility filter that works together with an existing strategy or system.
How it works:
- High indicator readings indicate high market volatility.
- Low indicator readings indicate low market volatility.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “kaufman_volatility.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The picture below shows the Kaufman Volatility mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Kaufman Volatility Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Volatility
Does the indicator repaint? No.
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Download the “kaufman_volatility.mq4” indicator for Metatrader 4
