Disclaimer: Trading foreign exchange at any of the metatrader brokers or any forex trading platform margin carries a high level of risk, and may not be suitable for all investors.

What is the best time to start trading? This is a common question for all of us interested in making some quick profitable trades. Not many of us have the ability to sit in front of our computer for long stretches of time just watching the charts for the perfect trade or managing a trade we have recently opened.

The solution is volatility. Once the big banks and the rest of the traders enter the market we can see the price starts jumping around very fast. It is at this time when the price starts moving and we can get into a trade that should give us pips quickly and in bunches.

But, how can we know this is happening unless we are glued to the computer screen? Which metatrader brokers are the best for this trading strategy?

The best way to do this is to use our free Volatility Indicator which works at most of the metatrader brokers out there. This is an indicator which will work at metatrader brokers which have a fast reaction time so that it can see the movement of each tick of the price and counts them. If we get say 5 ticks of movement within 1 second we know that the prices is about to move quickly in one direction or the other. The indicator will draw an arrow underneath the bar to show you that the volatility has dramatically picked up. Also an audio alert along with a message box will appear telling you that 5 ticks of the price have occurred within 1 second and that traders are entering the market right now. This is also the time you want to get in!

Determining trade direction on the metatrader

Once the Volatility Indicator on your Metatrader is showing us the price volatility has picked up we need to make a logical choice on what the direction we need to place the trade. Once way it so use the Slope Direction Indicator . This indicator will give us the general trade direction because we would like to open our trade in the direction of the prevailing trend. If the trend is up the indicator will show a light-blue line or if the trend is down it will show a Red line.

How to use the Volatility indicator and take advantage of the metatrader brokers out there

1) Attach the Volatility Indicator (Set Ticks alert to 4-5) and the Slope Direction Indicator to any currency pair on a 1 hour time frame
2) Wait for the signal from the Volatility Indicator
3) Place a trade in the direction the Slope Indicator is telling you
4) Optional: Use the Momentum Indicator on your metatrader. For a buy have the indicator be above 100 or for a sell below 100.
5) Use this trade set up once or twice within a 24 hour period at any of the list of metatrader brokers shown.
See example of VolatilityTrade http://www.destinyforex.com/volatility/vol-gbpjpy.gif

Metatrader Brokers and Money Management

We need to use good money management and the metatrader is very flexible in doing this. Open a 0.1 lot trade per $1000 in your account balance and try to take as many pips as possible. This is usually good for 20-100 pips. Look at possible areas of resistance such as a 00 price level or other basic resistance levels

How to get the metatrader Volatility Indicator 100% free

You can get the metatrader Volatility Indicator and the complete powerful trading strategy simply by opening and funding a trading account at any broker shown at http://www.bestmt4brokers.com. If you already have an account at any of these brokers you can move to our group. Just navigate to any of the brokers shown and you will see instructions there showing you how to move to our referral group.