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TDU Waddah Attar Explosion

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TDU Waddah Attar Explosion

$139 | Lifetime license + updates

Merging the Bollinger Bands and MACD together in a special way, the TDU Waddah Attar Explosion identifies the start of price explosion situations with a very high degree of accuracy.

  • Overview
  • Requirements
  • License terms

Overview

Overview

The Waddah Attar Explosion Indicator is intended for use by all traders. It merges the Bollinger Bands and MACD together in a special way. This allows it to identify the start of the price explosion situations with a very high accuracy. These explosions happen every day and sometimes multiple times a day. By using the Waddah Attar Explosion indicator you can know when this explosions begin and when they end with a high degree of success.

1) The explosion line

- Its task is to know when the price explosion will start and when it will end.

- The price explosion begins when the explosion line is at its lowest value, and then it begins to go up.

- The price explosion continues as long as the explosion Line remains high.

- The price explosion ends when the explosion Line returns to the lowest values again and become horizontal.

- The explosion Line function ends once the determining of the beginning and the end of the price explosion was done, without specifying the trend direction which is the function of the Histogram with his Green and Red Bars.

2) The Histogram Green Bars

- Used to identify am Up trend.

- Specifies the entry point (the Buying Point), which is when the Green Bar rises above the explosion Line.

- Specifies the Exit Point, which is when the Green Bar drops below the explosion line.

3) The Histogram Red Bars

- Used to identify a Down trend.

- Specifies the entry point (the Buying Point), which is when the Green Bar rises above the explosion Line.

- Specifies the Exit Point, which is when the Green Bar drops below the explosion line.

4) The dead zone line

- Represents the upper limit of the Dead zone, below this line no order should be opened.

- It works as a filter for weak signals and no alert will be shown when the red or green histogram are under it.

Key Features

- Alerts

- Fully customizable

- Color bars

- Arrows

- Show buy/sell signals on the chart

Requirements

Requirements

To use this indicator you must have a valid copy of NinjaTrader 8. License allows use of this indicator on a single trading computer validated using your machine ID.

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NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service

License terms

License

Licensing includes lifetime use of this indicator on a single trading computer. Lifetime support and updates are included and provided through the TradeDevils website. Download of your indicator and verification of your NinjaTrader 8 machine ID can be done through your personal TradeDevils account. If you change hardware, license can be moved to a different machine ID. If you have any questions about this indicator or others feel free to get in touch with us using the live chat or via our email address (indicators@tradedevils.com)

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