Download Waddah Attar Explosion Averages with ATR DeadZone

Discussion in 'Indicators' started by MaRTiNFi, 17 March 2021.

  1. MaRTiNFi

    MaRTiNFi New Member

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    Waddah Attar Explosion Averages with ATR DeadZone

    [​IMG]

    The following setups are ideal for FX and Crypto spot trading

    MaMethod: Exponential Moving Average
    Bands Length: 20
    Sensitive: 150
    ATR Period: 100



    This indicator shows four lines:

    - horizontal dotted line (dead zone) .. works as a filter for weak signals and does not alert when the red or green histogram below it.
    - the red histogram shows the current downtrend.
    - the green histogram shows the current uptrend.
    - the yellow line shows the price explosion up or down.



    Signal to buy:
    - when the green histo goes up and the yellow line goes up and the green histo is higher than the yellow line and everything is a higher dotted line.

    Buy exit signal:
    - you can exit buying when the green histo falls below the lower yellow line.


    Signal to sell:
    - when the red histo goes up and the yellow line goes up and the red histo is higher than the yellow line and everything is a higher dotted line.

    Signal for exit sale:
    - can exit the sale when the red histo falls below the lower yellow line.



    We like:
    • Works exceptionally well, especially with these tweaked settings.
    • The ATR DeadZone adds additional confirmation of a volatile move.
    • Alerts are now available for whenever the ATR DeadZone is pierced.
    • Visually unique and different from most subwindow-based indicators.
    • Can be used to simplify your chart's appearance.
    • Can be used on it's own as a complete system for entering and exiting trends.
    • Comes with Multi-timeframe + Interpolation, a large range of Moving Average methods, plus Alerts.

    Room for improvement:
    • Requires traders to understand what each line does.
     

    Attached Files:

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  2. mar214

    mar214 Active Member

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    super, thanks
     
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