The Waddah Attar Explosion Volume indicator is a popular and free Forex indicator for MT4 that is useful for traders looking to capitalize on market volatility. It measures the volume of a candle and compares it with the average volume of the last few candles. If the volume is higher than the average, the indicator will draw an arrow pointing up or down, depending on the direction of the trend. This is a great way to spot potential breakouts and reversals. The indicator is easy to use and requires no special setup. All you need to do is install the indicator on your MT4 chart and it will automatically detect and display the arrows. You can also customize the settings to adjust the sensitivity of the indicator. This allows you to adjust the indicator to your own trading style and preferences. The Waddah Attar Explosion Volume indicator is a great tool for traders looking to capitalize on market volatility. It is simple to use and provides an easy way to spot potential breakouts and reversals. With its free availability and customizable settings, it is one of the most popular and useful Forex indicators for MT4.
MT4
Waddah Attar Explosion Volume
The Waddah Attar Explosion Volume indicator is a useful and popular free forex indicator for the MT4 trading platform. The indicator works by analyzing the volume of a currency pair and displaying a graph in the form of a histogram. This graph shows the volume of the currency pair and can be used to identify potential market movements. With the Waddah Attar Explosion Volume indicator, traders can easily identify potential market movements and make informed trading decisions.
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Category: Volume
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Description
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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:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
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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