Understanding the Relative Strength Index of Volatility for MetaTrader 5

Mike 2010.08.11 19:13 49 0 0
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The Relative Strength Index (RSI) is a powerful tool that traders can apply to gauge market volatility by looking at the standard deviation of prices.

This straightforward indicator helps you measure how volatile a market is. It’s particularly useful for spotting flat zones by analyzing the narrowing and expanding patterns of Bollinger Bands.

Relative Strength Index of Volatility

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