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).

 

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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.

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  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 ..

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