CrackingCryptocurrency

Cracking Cryptocurrency - Waddah Attar Explosion

This indicator is the work of the Cracking Cryptocurrency Premium Trading Group. This indicator is free and available to use publically. If you would like to trade along with us and have access to our Analysts, Signals, Analysis, and Education please Join Our Free Community!

Cracking Cryptocurrency - Waddah Attar Explosion

An entry indicator that analyzes momentum and volume . This indicator is very sensitive and works very well on lower time frames for scalping, and higher time frames for confirming explosive movements or shifts in trend or momentum in the market.


Features & Functions


This indicator can be customized by adjusting the sensitivity levels, lengths, and multiplier. However, I find that the settings that I have made as default work very well. However, as with all indicators, nuance and customizing your settings to your asset class and time frame will yield greater results.

Bar Coloring - This indicator colors the bars to indicate a buy or sell signal, as well as printing Up and Down arrows in the indicator pane itself. This can be disabled in the settings window.
Alerts - This indicator is programmed with alerts for Buy and Sell alerts, available from the Alerts Window.

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Purpose

To identify likely turning points in the market, or confirmation of a trend. Please refer to the Waddah Attar Explosion YouTube Video on our Channel for a full tutorial.

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If you have any questions, success or failure stories, or seek advice feel free to send me a private message here on Trading View, or DM me @JayWiseFree#5696 in our Discord Community.

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Trade safely.
Catatan Rilis: Fixed buy and sell signals so that the explosion level has to be rising to initiate a trade. Creatly improved signal generation.
Current Requirements for Signals:
Explosion Level must be higher than previous bar.
Current Waddah Bar must not have been the same color previously if it is lower.
Current Waddah Bar must be higher than previous bar if of the same color.
Catatan Rilis: Better picture.
Catatan Rilis: Better picture. OCD. ;)
Catatan Rilis: Added the Dead Zone Qualifier. Signals must also be above the Dead Zone to qualify for a valid signal. Added Alert Conditions for Exit Signals on Long and Short trades.
Catatan Rilis: 09 03 2019 -
Fixed signal printing and alerts. Indicator will not capture setups where Waddah was above the explosion level without a rising explosion level and THEN the explosion level starts rising. All long and short signals print accurately now without having to interpret the chart manually.
Added customization for the Dead Zone Filter so you can adjust the Indicator to low-volume/volatility assets like altcoins. You can adjust the look back length of the Dead Zone and the Multiplier.
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How is the Dead Zone calculated? Can it be input?
Jawab
Can't find this script anymore in the library, can some help??
Jawab
amazing indie!! I was wondering if it repainted? thanks
Jawab
Can I please access the script? Did you implement strategy backtesting on tradingview?
Jawab
Would it be possible to get access to this script?
Jawab
Hi... May I have permission to try your script. Thanks much.
Scott S.
+1 Jawab
Cool script
Jawab
What does the yellow explosion line mean in comparison to the black?
+1 Jawab
@MeganTDavenport, A rising explosion level (indicated by the Explosion Line being yellow as opposed to black) is a prerequisite for taking a long or short signal.
Jawab
MeganTDavenport CrackingCryptocurrency
@CrackingCryptocurrency, Thank you. Great job by the way - It's the only WAE I've found that "populates" for different altcoins. Normally I'd have to double click and then stretch it out to see the levels (non-tech explanation). Appreciate you putting the time into this and making it the best WAE. It's my main volume indicator. I'll be watching for more from you :)
Jawab
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