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.
The Average True Range is an indicator developed by J. Welles Wilder, the pioneer of advanced technical indicators. Unlike most of his indicators, this one does not calculate overbought or oversold periods, nor gives signals – this indicators shows the volatility of the market. While most traders ignore it, it is of extreme importance in trading systems. In this article you will learn how to use it to globalize and improve your trading systems.
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