Waddah Attar Explosion Indicator is a useful forex indicator designed for MT5 platform. This popular indicator is widely used by traders as it provides valuable insights into market trends. The indicator is free to use, making it accessible to all traders. The Waddah Attar Explosion Indicator works by identifying potential market explosions based on price movements. It uses a combination of moving averages and volatility to signal possible entry and exit points. Traders can use this indicator to make informed decisions and optimize their trading strategy. To use the Waddah Attar Explosion Indicator, simply add it to your MT5 platform and adjust the settings to fit your trading style. It is recommended to combine this indicator with other technical analysis tools for more accurate results. Overall, the Waddah Attar Explosion Indicator is a valuable tool for forex traders looking to improve their trading performance.
MT5
Waddah Attar Explosion
Waddah Attar Explosion Indicator for MT5 is a popular and useful tool for forex traders. It is a free indicator that helps identify trends and potential price breakouts. It works by displaying a colored bar chart on the main chart, indicating the strength of the trend. Traders can utilize this information to make informed trading decisions.
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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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