The Waddah Attar Explosion MTF is a useful forex indicator that is popular among traders for its ability to effectively identify market trends. This indicator is designed for use with the MetaTrader 4 (MT4) platform and is available for free. The Waddah Attar Explosion MTF works by plotting dynamic support and resistance levels based on market volatility. It uses a combination of moving averages and a volatility filter to determine market direction and strength. Traders can use this indicator to spot potential trend reversals, confirm existing trends, and identify entry and exit points for trades. By utilizing multiple time frame analysis, traders can get a more comprehensive view of market trends and make more informed trading decisions. Overall, the Waddah Attar Explosion MTF is a powerful tool for forex traders looking to improve their accuracy and efficiency in the market.
MT4
Waddah Attar Explosion
The Waddah Attar Explosion MTF is a popular and useful forex indicator for MT4, available for free. It works by identifying explosive price movements in the market, helping traders to spot potential trade opportunities. By using multiple timeframes, users can get a clearer picture of the market dynamics. This indicator is a valuable tool for any forex trader looking to improve their trading strategy.
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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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