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[GM PRO] Volatility

1 590
A highly customizable yet simple to use volatility indicator designed for algorithmic traders in mind.

Trend traders seek volume when entering a trade. Price action without volume is like a rocket without fuel -- it won't go very far.

In the Forex world, the actual volume is unknown, however with a good volatility indicator, we can more or less predict high/low volume periods relative to recent price action with a reasonable degree of accuracy.

This indicator uses standard deviations and moving averages to calculate when there is a strong price action, or weak/sideways price action.

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