Button is great man and so many features now! I like how there is a choice of "Arrow on Every Signal" and the ability to turn this Off so that only the first "pierce" of the ATR Deadzone is signaled. Clever!
As this latest version by Mrtools is a more advanced Waddah Attar Explosion, new traders may want to understand what each Moving Average line does: Guide to what each line does in the latest Waddah Attar Explosion.
Waddah Attar Explosion - Simple setup chart for trading straight off the 4 Hour Timeframe
I'm still using the simpler settings but with the updated indicator you've made for us. I'm very happy with our WAE topic and how far it's grown
Here is a bit of a simplified yet updated template for those who would like to get started. I'm only using:
- Standard Deviation line
- ATR Deadzone line
This template is also utilizing Kvak's Thick Wick Candlestick indicator update, too.