Master the market's pulse. Calculate the expected high and low boundaries for the day based on historical volatility percentages and current prices.
Knowing the expected daily range helps you set realistic Take Profit targets. If a pair has already moved its entire expected range for the day, the probability of a reversal increases.
Professional traders use volatility boundaries to avoid "chasing" trades at the end of the day's expansion.
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This calculator is part of our professional suite of Forex currency calculators. Explore the fullForex Trading Toolkitto optimize your strategy and manage risk like a professional.
Expand your market intelligence and master risk management with our top recommended professional trading literature.
Explore related calculators to sharpen your edge
Calculate net profit/loss for any currency pair trade in your account currency
Calculate the dollar value of a pip for any lot size and currency pair
Calculate the optimal lot size based on your risk percentage and stop loss
Calculate required margin and leverage impact for forex positions