The Volatility Indicator is a powerful and useful Forex trading tool that is popular among MT4 traders. It is a free indicator that helps traders to measure the volatility of the market and identify potential trading opportunities. The Volatility Indicator uses the Average True Range (ATR) to measure the market’s volatility. It displays the ATR value in a separate window, which is easy to read and understand. The indicator also plots a histogram to show the trend of volatility. The Volatility Indicator is a powerful and useful tool that can help traders to make better trading decisions and improve their trading performance.