Volatility & ranges
ATR, Bollinger Bands, channels and squeezes: how far price moves and when it is about to expand.
Key terms
- Average True RangeVolatility & rangesAverage True Range (ATR) is an MT5 indicator that measures how much price moves per candle, in pips on forex or in price on gold and stocks, by averaging the true range over a set number of candles.
- Bollinger BandsVolatility & rangesBollinger Bands are a volatility indicator on MT5 that plots a moving average with two bands above and below it, widening and narrowing as price volatility changes.