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Re: Waddah Attar Indicators for MT4

Jimmy, Wed Jun 01, 2022 10:41 pm

mrtools wrote: Wed Jun 01, 2022 8:20 am Did some cosmetic (at least to me) improvements to waddah attar explosion, made so the area under zero is gone and made it so the atr dead zone and signal ma's can be shown or not, not much but seems a little better.
Waddah Attar Explosion ATR Deadzone template using Mrtools's latest version

Bless you Mrtools, thank you for the update and fixes brother. This one is better as we no longer have to adjust the Fixed Minimum and Maximum display.

As this is the latest version by Mrtools, newer traders may want to understand what each Moving Average line does. Please see this post for more information: Guide to what each line does in the latest Waddah Attar Explosion.

As per previous templates, I'm still using the simpler settings but with the updated indicator Mrtools has made for us.

The following setup is the simplified yet updated template for those who would like to get started. As per my trading setup I only display the:
  • Standard Deviation line
  • ATR Deadzone line
  • One color for Bullish or Bearish (to avoid distraction)
We're also utilizing Kvak's Thick Wick Candlestick indicator update, too.
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