We’re excited to reveal the addition of another very useful section called Forex Volatility:
In this section, you can see in one glance the volatility of each available forex currency (over 50) in each of the available timeframes (9 to be exact). Moreover, you’re able to filter in real time the desired volatility, by a max/min value.
Clicking on a currency, will reveal its complete volatility analysis, either by hour of day, day of week, or day of month:
Moreover, you’re able to select/deselect any of the available search criteria and analyze the expected volatility (again) in real time! You’ll also notice the volatility filtration level based on your settings, so you know how much volatility are you catching (or missing):
Wish to compare another currency side by side? No problem! Just select the currency for comparison and continue analyzing the data in real time.
With the help of this new section, you can now answer many questions, such as:
– What is the most volatile and least volatile currency?
– Am I missing a lot of the market’s volatility when I trade?
– What hours should I avoid due to lower volatility?
– What currencies have a similar volatility?
As always, let us know of any feedback you may have and any additional sections (or tools) you’re missing.
The Myfxbook team.