BollWidth Indicator (MT4)

 

Free Indicator that plots the width of the Bollinger Bands. Useful for determining volatility, identifying squeezes and gauging the strength of trend.

Download

https://www.mql5.com/go?link=http://forex-indicators.org/indicators-ex4/BollWidth.ex4

More Free indicators and Articles

Forex Indicators

 

The width of the Bollinger Bands is just the standard deviation of the price data over the specified period and is usually referred to as such. It is a reasonable measure of volatility..