Waddah Attar Explosion Atr + Volume Calculation 2
From the Old Kings archive: Waddah Attar Explosion Atr + Volume Calculation 2, an indicator for MetaTrader 4. Its name points to ATR volatility and volume. In the code it works with moving averages and ATR. It can send alerts. It has 31 settings, for example Sensetive (default 150), Use ATRdeadzone (default True) and Dead Zone Pip (default 3000). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Waddah Attar Explosion Atr + Volume Calculation 2
Waddah Attar Explosion Atr + Volume Calculation 2 is an indicator for MetaTrader 4 based on Moving Average and ATR. It can alert you with a pop-up, sound, email or push message. It has 31 settings, such as Sensetive, Use at rdeadzone and Dead zone pip. MQL source code included.
Files in the download: Waddah Attar Explosion atr + volume calculation.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sensetive | 150 | |
| Use at rdeadzone | True | |
| Dead zone pip | 3000 | |
| Atr period | 14 | Period or timeframe used by the calculation |
| Atr multiplier | 4.0 | How much the lot size grows after a loss |
| Explosion power | 15 | |
| Trend power | 15 | |
| Fast ma | 20 | |
| Fast ma shift | 0 | Bar shift (0 = current bar) |
| Fast ma method | MODE_SMMA | |
| Fast ma applied price | ||
| Slow ma | 40 | |
| Slow ma shift | 0 | Bar shift (0 = current bar) |
| Slow ma method | MODE_SMMA | |
| Slow ma applied price | ||
| B band period | 20 | Period or timeframe used by the calculation |
| B band deviation | 4.0 | |
| B band shift | 0 | Bar shift (0 = current bar) |
| B band ma method | MODE_EMA | |
| B band applied price | ||
| Use volume calculation | True | |
| Volume period | 365 | Period or timeframe used by the calculation |
| Signal m aperiod | 14 | Period or timeframe used by the calculation |
| Signal m ashift | 0 | Bar shift (0 = current bar) |
| Signal m amethod | MODE_LWMA | |
| Alert window | true | Turn this alert on or off |
| Alert count | 500 | Turn this alert on or off |
| Alert long | true | Turn this alert on or off |
| Alert short | true | Turn this alert on or off |
| Alert exit long | true | Turn this alert on or off |
| Alert exit short | true | Turn this alert on or off |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: ATR · Volume · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code