The Waddah Attar Scalping Indicator is a popular and useful free Forex indicator for MT4. It is a simple yet powerful tool that can help traders to identify the best possible entry and exit points for their trades. The indicator works by analyzing the market and looking for trend reversals. It then calculates the ideal entry and exit points for the current trend. The indicator also includes a built-in stop-loss and take-profit feature which helps traders to limit their risk and maximize their profits. The indicator is easy to use and can be set up in just a few minutes. All the user needs to do is to set the parameters of the indicator, such as the period of the trend, the size of the stop-loss and take-profit, and the currency pair to be traded. Once the parameters are set, the indicator will automatically scan the market and generate signals for potential trades. The signals will indicate the best entry and exit points for the trade, as well as the stop-loss and take-profit levels.
MT4
Waddah Attar Scalping
The Waddah Attar Scalping Indicator for MT4 is a popular and free Forex indicator that is useful for scalping and day trading. The indicator is based on the Waddah Attar Explosion indicator and uses a combination of Bollinger Bands, Moving Averages, and RSI to provide accurate signals. It is a reliable and popular indicator that can help traders make informed decisions and maximize their profits.
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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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