Jurik Volatility Bands
Volatility is a core concept in trading and impacts our trading strategies. Therefore, all traders should have some sort of volatility indicator displayed to gauge the current volatility and future expected moves. Jurik Volatility Bands displays the price inside a volatility channel. In this way, we can measure the current price action in accordance with its volatility.
The Jurik Volatility Bands can be used for entries for trends by using the Zero line crosses whilst counter-trend trades can be made once the oscillator line is close to the outer bands.
It works in range-bound and trending markets. In fact it based upon a Jurik filter that act as upper and lower bands.
It is an all-in-one indicator for Scalping, Counter-trend trading, Trend trading and gauging the market’s movements.