Introduction to the Waddah Attar Explosion Indicator (Hierdie artikel is 'n weesbladsy.)
High probability trade entry signals are probably some of the most coveted technical indicators. Such trade signals are often based on a confluence of factors which are objectively measured by an underlying algorithm or formula.
The Waddah Attar Explosion indicator is one of such indicators that can provide high probability trade signals based on confluences.
What is the Waddah Attar Explosion Indicator?
The Waddah Attar Explosion indicator is trend and momentum following technical indicator. It somehow measures trends as trend power, and momentum as explosion power.
It identifies and indicates trend direction as histogram bars that change color depending on the direction of the trend. Groen kroeë dui op 'n bullish tendens rigting, terwyl rooi bars dui op 'n beer tendens rigting.
This indicator also plots a line which acts as a signal line or a marker for the threshold of the momentum.
How the Waddah Attar Explosion Indicator Works?
Soos vroeër genoem, the Waddah Attar Explosion Indicator coins trends as trend power, and momentum as explosion power.
Based on the computation of the Waddah Attar Explosion indicator, it somehow derives its trend power indication from an underlying Moving Average Convergence and Divergence (MACD) computation.
As for the momentum or explosion power, it also seems to base its computation on an underlying iBands type of computation, which in turn is also based on the Bollinger Bands. Knowing that the Bollinger Bands is an effective tool to measure momentum and anticipate breakouts, the basis of the Waddah Attar Explosion power does have strong merits.
How to use the Waddah Attar Explosion Indicator for MT4
The Waddah Attar Explosion indicator is both a trend following indicator and a momentum breakout indicator. Handelaars kan dit as sodanig gebruik.
Traders can identify trend direction based on the color of the histogram bars. Momentum breakouts can also be identified based on a histogram bar closing above the threshold signal line. Traders can use these signals as a momentum breakout signal in confluence with other trend direction indicators or trade setups.
Koop handelsopstelling
Wanneer om in te voer?
Identify a market that is in an uptrend based on other technical indicators or based on price action. Enter a buy order as soon as a green bar crosses above the threshold line. Stel die stopverlies op die ondersteuning onder die inskrywingkers.
Wanneer om te verlaat
Close the trade as soon as a histogram bar changes to red.
Verkoop handelsopstelling
Wanneer om in te voer?
Identify a market that is in a downtrend based on other technical indicators or based on price action. Enter a sell order as soon as a red bar crosses below the threshold line. Stel die stopverlies op die weerstand bo die inskrywingkers.
Wanneer om te verlaat?
Close the trade as soon as a histogram bar changes to green.
Gevolgtrekking
The Waddah Attar Explosion indicator is an excellent signal indicator. This is because by itself, it already provides trade signals based on a confluence of trend and momentum.
Egter, as good as it is, it still has to be used as a part of a bigger picture trading strategy. This should include either additional trend following indicators or a price pattern-based trade setup.
MT4 Aanwysers – Laai instruksies af
Waddah Attar Explosion Indicator for MT4 is a Metatrader 4 (Hierdie artikel is 'n weesbladsy.) aanwyser en die essensie van hierdie tegniese aanwyser is om die opgehoopte geskiedenis data te transformeer.
Waddah Attar Explosion Indicator for MT4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
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How to install Waddah Attar Explosion Indicator for MT4.mq4?
- Download Waddah Attar Explosion Indicator for MT4.mq4
- Copy Waddah Attar Explosion Indicator for MT4.mq4 to your Metatrader Directory / Kundiges / Aanwysers /
- Begin of herbegin jou Metatrader 4 Kliënt
- Kies Grafiek en Tydraamwerk waar jy jou MT4-aanwysers wil toets
- Soek “Pasgemaakte aanwysers” in jou Navigator meestal links in jou Metatrader 4 Kliënt
- Right click on Waddah Attar Explosion Indicator for MT4.mq4
- Heg aan 'n grafiek
- Modifiseer instellings of druk ok
- Indicator Waddah Attar Explosion Indicator for MT4.mq4 is available on your Chart
How to remove Waddah Attar Explosion Indicator for MT4.mq4 from your Metatrader Chart?
- Kies die Grafiek waar is die aanwyser wat in jou Metatrader loop 4 Kliënt
- Regskliek in die Grafiek
- “Aanwysers lys”
- Kies die aanwyser en skrap
Waddah Attar Ontploffing aanwyser vir MT4 (Gratis aflaai)
Klik hier onder om af te laai:
