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ADX is likely work as bollingerbands but a huge deference is having from bollinger bands. when market volatile is in a low position then its bands is lower and lower. on the other hand when market volatile is high then its bands is widespread and spaced. when the bands are lower from 20 then u can ensure that the volatile of market will up at any time.

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  • 1 year later...
ATR Forex breakout strategy is more suitable for use in the time frame of 1 hour up to the currency GBP / USD or EUR / USD .With indicators used are:

 

- ATR period of 14 (blue)

- Fractal

- Exponential Moving Average (EMA red) periods of 14, which is coupled to the ATR.

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