OPEN-SOURCE SCRIPT
Waddah Attar Explosion by Shizaru
The original script was posted on ProRealCode by user Nicolas.
The Waddah Attar explosion indicator is a well known indi in the forex community all over the web. It measures the price volatility "explosion" with the help of a difference between upper and lower bollinger bands (also known as "squeeze") and its direction and with a slow MACD advance or decline weighted with a coefficient (sensitivity=150).
A "deadzone" of x pips/points is at 20 points by default, but should be adjusted to the traded instrument.
If green or red oscillator histogram breach the "Explosion Line" above the dead zone, it's a signal.
This indicator act pretty much as a scalper in lower timeframe, but I found it useful with different timeframe comparison in higher ones in the past (M30/H1/H4).
Credits to prorealcode.com/prorealtime-indicators/waddah-attar-explosion/
The Waddah Attar explosion indicator is a well known indi in the forex community all over the web. It measures the price volatility "explosion" with the help of a difference between upper and lower bollinger bands (also known as "squeeze") and its direction and with a slow MACD advance or decline weighted with a coefficient (sensitivity=150).
A "deadzone" of x pips/points is at 20 points by default, but should be adjusted to the traded instrument.
If green or red oscillator histogram breach the "Explosion Line" above the dead zone, it's a signal.
This indicator act pretty much as a scalper in lower timeframe, but I found it useful with different timeframe comparison in higher ones in the past (M30/H1/H4).
Credits to prorealcode.com/prorealtime-indicators/waddah-attar-explosion/
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。