Waddah Attar Explosion

Waddah Attar Explosion

The Waddah Attar explosion indicator is a well known indi in the forex community all over the web. It measures the price volatility “explosion” with the help of a difference between upper and lower bollinger bands (also known as “squeeze”) and its direction and with a slow MACD advance or decline weighted with a coefficient (sensitivity=150).

A “deadzone” of x pips/points is at 20 points by default, but should be adjusted to the traded instrument.

If green or red oscillator histogram breach the “Explosion Line” above the dead zone, it’s a signal.

This indicator act pretty much as a scalper in lower timeframe, but I found it useful with different timeframe comparison in higher ones in the past (M30/H1/H4).

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. supertiti • 08/09/2016 #

    Un des meilleurs indicateurs qui existent une une fois que l’on a bien calé ses paramètres !

  2. larouedegann • 08/09/2016 #

    merci nicolas,
    Mais je n’arrive pas a le faire fonctionner sur prorealtime cfd.
    il ne reconnait pas ” by color”
    si tu as une solution merci

    • Nicolas • 08/09/2016 #

      ProBuilder indique une erreur sur ce genre de ligne avec ‘coloured by’, mais le code fonctionne correctement. Il faut paramètrer les couleurs des histogrammes différemment selon les hausses et baisses dans la fenêtre des propriétés de l’indicateur.

  3. larouedegann • 08/09/2016 #

    merci c’est ce que j’ai fait.
    un autre  petit service,mon anglais étant médiocre,pourrait-tu m’expliquer le fonctionnement en français stp..je pense ne pas être le seul dans ce cas là malheureusement..
    merci
    PS : je remarque que l’explosion line ressemble étrangement aux bandwith que j’utilise dans un autre indicateur….

    • Nicolas • 08/09/2016 #

      https://translate.google.com/translate?hl=&sl=auto&tl=fr&u=http%3A%2F%2Fwww.prorealcode.com%2Fprorealtime-indicators%2Fwaddah-attar-explosion%2F&sandbox=1
      En effet, il s’agit d’une différence des Bandes de Bollinger.

  4. larouedegann • 08/09/2016 #

     merci beaucoup

  5. zilliq • 08/09/2016 #

    Merci Nicolas,
    Personnellement, il y a tellement de dépassement de “Lexplosion line” que je ne vois pas comment cet indicateur peut être utile et aussi populaire, mais bon
    Passe une bonne journée
    Zilliq

    • Nicolas • 08/09/2016 #

      Merci, je le constate aussi. Ce sont les paramètres par défaut que l’on retrouve ailleurs sur toutes les plateformes, le paramètre “sensitivity” permet de faire varier la sensibilité de l’explosion.

  6. Pelle Nævestad • 08/09/2016 #

    Thanks Nicolas, this is a keeper!

  7. Chicane23 • 08/09/2016 #

    Hi, when uploaded the WAE isnt showing histogram; only line. Is there a way to modify?

    • Nicolas • 08/09/2016 #

      Change the way the lines are displayed in the indicator settings window : histogram, lines, dots, and colours ..

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
jacquesgermain sì da aggiungere
Maik2404 auf welchen Wert muss ich die Kompresionsperiode stellen?
jacquesgermain — Période de compression : ce paramètre détermine la période de rétrospection utilisée pour ...
Bateson
5 months ago
MACD Reloaded
MACD Reloaded
2
Indicators
NEOMKEY Nada nuevo
Carlose I love your version of the MACD, if you use it you can get a lot of use out of it, for me ma...
Fgats
6 months ago
bousalahane hello, thank you for sharing, I’m not top strong in the programation part, there is a way to...
Fgats Hi, With this indicator I just wanted to show the interest that can exist to synthesize th...
davidguerreir how to adapt nbStdSig values ?
Matriciel Very nice job ! Is it possible to do the opposite because what interests me is to have the ...
YvesRobert Hi Matriciel, how can we do this, because stochastic is limited between 0 and 100 but price ...
Traderfox06 Dear zeiiermantrading, I really like your approach combining adaptive averages with MACD in...
jacquesgermain Hello IASD it's normal , when this occurs, uncheck RSI and MFI line and click then the MAC...
emiliobercial Thank you very much for sharing!
Carlose estoy de acuerdo con IASD Esta muy bien el MAD y el indicador en el precio no se ven bien...
Gianluca Amazing, thank You for your contribution!
Alex Spioglou Thank you for featuring my work, and I hope you found it useful. Mind the paper was publ...
FXtonio @RICOU en 1 minutes avec un filtre de tendance ZLSMA 200 et eventuellement un rsi 7 , 69% de...
JC_Bywan For people interested in the screener: https://www.prorealcode.com/topic/screener-buy-sell-m...
octum Gracias NJicolas. Las lineas 35 y 36 dan fallo. (¿Es adrede para iniciados?) Puedes co...
geroniman bonjour si je comprends bien, qaund els points sont verts on regarde pour un long, le blanc ...
Alfy No, the dots only show the compression of the volatility. There are 3 levels of "squeeze" wh...
ted.hulsman Hi Alfy, I'm trying to understand your indicator, so I made the Bollinger Bands and the Kelt...
Nicolas
2 years ago
DELBERT Bonsoir , Nicolas , j'ai transféré votre indicateur sur ma PRT 10,3 et j'ai un méssage d'ére...
Nicolas Vous pouvez essayer en remplacant la ligne avec: vwapsd = sqrt(average[lengthz](square(clo...
DELBERT Bonsoir , merci Nicolas , a bientôt .
AndPar Buongiorno Nicolas, vorrei provare questo indicatore, ma quando lo inserisco in PRT mi vengo...
Nicolas Basta aggiungerlo al prezzo https://www.prorealcode.com/blog/video-tutorials/how-to-add-an-i...
Aragorna hello Nicolas, this indicator works with the last Beta version of PRT? Ive seen tha many in...
SnorreDK Works extremely well - How? How do u implement this in a startegy? Breakoutstrategy?
Keyeming Thanks, but yes same question as above, some explanations on how to read it would be appreci...
Bateson Bonjour. Merci beaucoup ! J'ai installé l'indicateur sur PRT 11 mais pour des raisons qui ...
CederTrader Hi Denis, does this indicator add to the chart as panel, or on the candles. Thanks
Nicolas Add it on the price chart as described in this video: https://www.prorealcode.com/blog/video...
Denis Hello Nicolas and Ceder Trader, Sorry, I only just saw your replies. The indicator is alre...
bab el franco hello once installed I have no results despite different options of markets or temporality
Nicolas Sorry there was a small issue in the code, i have changed the attached itf file and updated ...
Mitchy14 Hi Nicholas, apologies, I am usually fairly good at implementing your creations (for which I...
Nicolas Are you using PRT version pre-v11? TIMEFRAME for indicators is possible since months for pro...
poldoposta si potrebbe trovare una soluzione per sovrapporlo al prezzo?
robertogozzi Basta che tu clicchi sull'etichetta (tag) PREZZO del grafico (appena sotto l'angolo in alto ...
Seabiscuit Hi! I like this indicator a lot, been using it on a 30 min timeframe and usually confirms my...
Ramahu Bonjour et merci pour cet indicateur ! je l'observe sur les actions du Nasdaq et la plupart ...
Nicolas Merci d'ouvrir un sujet dans le forum des screeners en respectant les règles de publication ...
Pensera Bravo Nicolas ! Tu es en quelque sorte l’inventeur de Metascore…(oups je viens de lire jusqu...
Nicolas Dans un but d'investissement pure, et non spéculatif.
Fabian Hi Thomas, thanks for your explanations. Which indicator do you use in the screenshot ...
Thomas Thats On Balance Volume and Bollinger or SMA or what you want. It shows me the volume flow. ...
bertrandpinoy @MAKSIDE I would be grateful if you send me your version. have a nice day

Top