Average Range MT4 Indicator

On Jan 8, 2018

Average range indicator supplies some extra information that can be vital for forex trader on their trading journey. It displays the current trading range which you can use while placing stop-loss or take profit orders. You can also compare the trading range with other times to see if the market is volatile enough to open positions. If the trading range is narrow that means the market lacks momentum thus you should not be trading.

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