Yes, there are trading strategies specifically tailored to both volatile and quiet market conditions in forex trading. For volatile markets, traders often use strategies that capitalize on significant price movements, such as breakout strategies. These involve identifying key price levels that, when breached, indicate a strong market movement. The Average True Range (ATR) is a crucial indicator here, helping assess market volatility and set appropriate stop-loss and take-profit levels.

In contrast, for quiet or range-bound markets, strategies like range trading become more effective. Traders look for currencies trading within a consistent price range and buy at the lower end while selling at the upper end, aiming to profit from the predictable oscillation. Bollinger Bands are particularly useful in this context, providing visual cues for the upper and lower boundaries of price movements, and signalling entry and exit points within a range.

By selecting strategies aligned with current market conditions and utilizing these indicators, traders can adapt their approach to maximize their chances of success, whether the market is experiencing high volatility or is more subdued.