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Home Collection Volume Waddah Attar Explosion
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Waddah Attar Explosion

The Waddah Attar Explosion Indicator MT5 is a useful and popular free Forex indicator. The indicator works by analyzing the momentum and volatility of a currency pair, and then plotting a line on the chart that indicates when an explosive move may occur. It is also free to download and use, making it a great choice for traders of all levels.

Trading Style

Short-term

Indicator Type

Accurate

Timeframe

H1-H4

,

M15-M30

Platform

MT5

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  • How to Install
Description

The Waddah Attar Explosion Indicator MT5 is a useful and popular free Forex indicator. It is used by traders to identify when a currency pair is about to make a move. The indicator uses a combination of trend lines, chart patterns, and price action to determine when a currency pair is about to make a big move. The indicator is designed to give traders an early warning of an upcoming trend change. The Waddah Attar Explosion Indicator MT5 works by analyzing the price action of a currency pair and looking for certain patterns in the chart. When the indicator finds a pattern that indicates a potential trend reversal, it will alert the trader with a signal. This signal can be used to enter a trade in the direction of the new trend. The indicator also takes into account the volatility of the market and can be used to identify when a currency pair is likely to make a big move. The indicator is easy to use and can be used by both experienced and novice traders. The indicator is available for free and can be downloaded directly from the MetaTrader 5 platform.

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How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

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