KVO Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4) trading platform. It is designed to help traders make better decisions by providing them with a comprehensive view of the market. The indicator is based on the Kaufman Volatility Index, which is a measure of market volatility. It is calculated using the average true range of the last 14 periods. The indicator also takes into account the average true range of the last 28 periods. The KVO Indicator provides traders with an easy-to-read visual representation of market volatility. The indicator displays the average true range of the last 14 and 28 periods in a histogram, with the 14-period range displayed in blue and the 28-period range in red. This allows traders to quickly identify when the market is becoming more or less volatile. Overall, the KVO Indicator is a useful, free Forex indicator for MT4 that can help traders make better decisions. It provides traders with a comprehensive view of the market and can be used to identify potential entry and exit points. The indicator is easy to read and understand, making it a popular choice among Forex traders.
- Author ayaz
- Creation date
More resources from ayaz
-
MT5 LRMA Indicator“Identify market trends with precision using linear regression smoothing.” -
MT4 LRMA Indicator“Capture market trends with smoothed linear regression accuracy.” -
MT4 LRMA BB“Combine trend precision with volatility insights for smarter trades.” -
MT4 Low Frequency Filter MA“Smooth out market noise to catch the true trend.” -
MT5 Lot Calculator“Calculate your trade size accurately for smarter risk management.”