In normal stocks a high-volume breakout confirm that breakout. Trends usually occure in high-volume.
However, in future market, trends occure often in low volume and if after high-volume breakout the price reverse, that confirms the end of the trend. So volume indicator is hard to use for prediction. Indicators such as MFI (=Range/Volume) worsen trade results.
Bo Yoder claims that ATR can be used with success but does not provide statistical results.
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