In regards to Waddah Attar Explosion Lines posted by Mrtools, here: Waddah Attar Explosion Lines MT4.
What do the line colors represent for the Waddah Attar Explosion?
Hello brothers, if you're finding it hard to focus with the lines, be sure to remove the lines (make the color blank) on the lines you don't use in your trading.
The options to have all the lines are there, but seldomly need to be used for trading. Remember, less is sometimes more.
Here's a template to help you see the lines a bit better on a black chart as well as a guide on what each line represents.
- Gold = Standard Deviation x Band Deviation
- Blue = Deadzone or ATR dead zones
- Limegreen = MA of bull MACD slope
- Magenta = MA of bear MACD slope
