Variety Moving Average Waddah Attar Explosion (WAE) [Loxx]

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Variety Moving Average Waddah Attar Explosion [Loxx] is a Waddah Attar Explosion after the original version created over a decade ago. This version has ATR and Pips calculated dead-zone as well as 35+ moving averages to choose from for all moving average calculations.

What is Waddah Attar Explosion?
Waddah Attar Explosion is a momentum indicator that accounts for volatility in the market. It is the combination of MACD and Bollinger Bands with volatility cutoffs to determine entry and exit points.

How to use:
  • Strong uptrend when dark green arrow points up
  • Weak uptrend when light green arrow points up
  • Strong downtrend when dark red arrow points down
  • Weak downtrend when light red arrow points down


Included:
  • 35+ moving averages
  • Controls over explosion and trend filtering
  • Bar coloring
  • Dead-zone coloring
  • ATR and Pips-based dead zone cutoffs
  • Alerts

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