Download Waddah Attar Explosion Averages with ATR DeadZone

Waddah Attar Explosion Averages with ATR DeadZone



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.