volatility indicator for Forex

Does anyone know of a good volatility indicator, something that can give a gauge on the volatility of the forex market? One similar to the VIX.



Thanks

some of it will depend on how your want to derive it... if you're looking for something in a charting application look for Average True Range or Bollinger's %b. If you want to make a calculation yourself and are looking for something a little different you can build a volatility cycle by taking a standard devaition measurment and running it through a MACD then a Stochacstic calc...

I use my own volatility index. That is a total loss in a month/avarage loss in a month. Is the ratio are lower that 1, then that month is less volatile.

for example last month my total loss are 840 pips.
Avarge loss a month is 700 pips.

840/700 = 1,2.

This is an example of very volatile month in october!