Variety Moving Average Waddah Attar Explosion (WAE) [Loxx]
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Explore Algx TradingVariety 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:
Included:
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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