The Waddah Attar “VOLUME” Explosion Trading Strategy

The Waddah Attar VOLUME Explosion Indicator is one of the most advanced volume indicators out there. It helps you visualize the balance between positive and negative trading volume, so you can pinpoint the best times to enter the market. This sophisticated tool also accurately predicts upcoming market trends.

DOWNLOAD TRADING SYSTEM

Forex JPY Pairs Trading with Stoch Explosion SystemForex & Stocks MPC RSI Improved Trading System and IndicatorsIs FOREX the Best Way to Invest MoneyForex Parabolic SAR Trading Strategy with Day Week Month Range Indicator

It’s perfect for Forex, stock, crypto, and commodity traders who see trading volume as a key market driver. The indicator provides a clear view of market accumulation or distribution, and its simple rules for spotting trade signals are why it’s so popular.

Trading Volume

You’ve probably heard this before: without trading volume, markets lack the “fuel” they need and often swing wildly without clear direction. Unfortunately, many traders ignore volume because they don’t fully understand it.

Trading volume is crucial because it helps you gauge the momentum of a stock or currency pair and confirm trends. When volume increases, prices usually move in the same direction, and a drop in volume can signal a potential change. If volume starts to decline, it might mean the trend is losing steam and a reversal or sideways market could be coming up.

This volume indicator is great because:

It has only three components to interpret
It’s visually clear
It’s easy to use and understand

Waddah Attar “VOLUME” Explosion Trading Strategy

Improving the Accuracy of the Waddah Attar Explosion Trading Strategy. Using just the basic rules of the Waddah Attar Explosion Trading Strategy can help you find trading signals with higher accuracy, and more profit.

However, if you want to step up your trading game and increase your profits even further, I will show you how to make this strategy even better. The trick is to combine it with price action signals, such as candlestick patterns and chart patterns.

Does Anyone Really Make Money Off of The ForexWhat You Need To Know about Basics of Forex MarketAggressive High Accuracy Forex Trading Strategy With MACD and RSI IndicatorSaneFX TCCI Trading System

Bullish Trade Scenario

To open a buy position, check the following indicators:

The 20-period EMA is above the 50-period EMA.
The Waddah Attar Explosion volume bars are blue and above the average line.
When the Waddah Attar Explosion indicator gives a BUY signal, make sure it’s backed up by a price action signal. In this example, the signal is shown by a triangle chart pattern. If the price breaks out above the triangle pattern, that’s a clear BUY signal.
Enter the BUY trade at the start of the next candle.
As always, set a stop loss just below the nearest swing low.”

Bearish Trade Scenario

To open a SELL position, follow these steps:

Check that the 20-period EMA is below the 50-period EMA.
Make sure the Waddah Attar Explosion volume bars are red and above the average line.
When the Waddah Attar Explosion indicator gives a SELL signal, confirm it with a price action signal. For example, if you see a Bearish Engulfing pattern while the volume bars are red and above the average line, that’s a strong SELL signal. In this case, you have 2 Bearish Engulfing signals both of which gave significant profits.
Enter the SELL trade at the start of the next candle.
As always, set your stop loss just above the nearest swing high.

Trading NOTES

The Waddah Attar “VOLUME “Explosion Indicator is one of the top custom indicators out there for spotting strong and profitable trade signals. It’s perfect for trend-following strategies to help you find ongoing trends. Plus, the Waddah Attar Explosion Indicator can signal when to enter or exit a trade.

DOWNLOAD TRADING SYSTEM

Leave a Reply Cancel reply