Looking for volatility predictor

Hello,

I have a question. Is there an indicator that is able to predict volatility for the current day on a particular currency pair?






Greetings,
freakout

Nothing can be predicted ... unless you are back from the future ...

I found something like this, but it's based on volatility from previous days: https://www.mql5.com/en/market/product/2694

Maybe there is a indi a bit better than this one? I would like to avoid trading in sideways trend...

//----

hey freakout.... sometimes the calendar and clock are the best predictors....

you can best gauge the clock's volatility by looking at the average movement for each pair for each hour for each day.... also look at the tick volume per pair per hour per day..... the volatile hours and days are clearly visible...

some sites only break the average movement down by hour..... but the day can make a difference.....

there are outlier predictors such as standard deviation or vix ... if vix is high, expect volatile risk on and risk off pairs....

an example would be the euraud compared to the world markets.... or the high beta jpy pairs compared to the markets movements......

probably the best predictor overall might just be the scheduled news itself.... some sites list the expected pip movement for each news item.... seems like forex factory used to do this....

in time you will just memorize the volatile hours per pair per day.... by then no indicator will be needed other than the calender.....

and the flip side is the chf scalpers have long since memorized those dead zones that are so efficient for them.....h

I'm trading only during EU session when volatility is the biggest I use NewsCal indi from this forum, so I always know when important news will be announced in each trade I'm looking for 60 pips and sometimes it's really hard to get it - for example look on todays USDJPY or USDCAD chart... price moving sideways almost the whole day I would like to avoid situations like these and trade only on those pairs where chance for a bigger move is the highest but if my strategy gives me a signal to entry I don't know if there will be a move bigger than 60 pips or not - that's why I'm looking for indi that will help me with it