Forex Indicators

Volume is a very powerful indicator for evaluating trend strength and predicting the continuation and reversal of trends. Compared to indicators that are calculated using price and therefore act after price, the volume indicator precedes price and therefore can produce very strong trading signals and analysis.

BollWidth Indicator plots the width of the Bollinger Bands (the distance between the higher band and the lower band). The width of the Bollinger Bands can notify traders over decrease in volatility, also known as the Squeeze.