The "Volatility" screen under the Symbol Detail tab analyzes the volatility of a currency pair over different time frames.

Volatility is a term used to refer to the fluctuations in price over time. The more price fluctuates, the higher the volatility is considered to be.

Being aware of volatility helps traders make better trading decisions, such as when to enter and exit trades, and where to set profit targets and stop losses.

It’s possible to track how much a currency pair moves, on average, per day and how much it moves for a specific day of the week.

Know the most volatile days of the week.

You can even track how much a currency moves, on average, each hour and how much it moves for a specific hour of the day. 

Know the most volatile hours of the day. 

This tool allows you to see a currency pair's volatility in the following time frames:

Being aware of a currency pair’s volatility is important for every trader, as different levels of volatility are better suited to certain trading strategies and trader psychologies. 

For example, risk-seeking traders would look for currency pairs with higher volatility in order to profit from the bigger price fluctuations that volatile pairs offer. 

While more risk-averse traders looking to steadily grow their trading account without taking on a lot of risk should limit themselves to currency pairs with lower volatility.