The Waddah Attar Strong Level indicator for Metatrader 4 is an excellent tool that reveals major trend direction for any pair.
The indicator shows the monthly, weekly and daily trend in the main trading chart.
It also tells you whether the trend is up or down for the aforementioned time frames.
After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.
Key Points
- Reveals strong market trends
- Works for any currency pair
- Combine with a strategy for trade entry
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a major trend bull/bear confirmation tool.
Free Download
Download the “Waddah_Attar_Strong_Level.mq4” MT4 indicator
Indicator Example Chart
The EUR/USD 1-hour chart below shows the Waddah Attar Strong Level indicator in action.
Basic Trading Signals
Signals from the Waddah Attar Strong Level indicator for Metatrader 4 are easy to interpret and goes as follows:
BUY:
- Open a buy trade when the monthly, weekly and daily strong level displays ‘UP”.
- Use your own Forex strategy or system to pinpoint the actual buy trade entry.
SELL:
- Open a sell trade when the monthly, weekly and daily strong level displays ‘DOWN”.
- Use your own Forex strategy or system to pinpoint the actual sell trade entry.
Download This Forex Indicator
Download the “Waddah_Attar_Strong_Level.mq4” MT4 indicator
Adjustable Parameters & Settings
Back test, draw month, draw week, draw day, draw H4
Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.
More Info About This Indicator
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: any
Indicator Type: major trend
How to install the Waddah Attar Strong Level indicator in Metatrader 4?
- Copy and paste the Waddah_Attar_Strong_Level.mq4 indicator into the MQL4 indicators folder.
- You can access this folder from the top menu as follows:
- File > Open Data Folder > MQL4 > Indicators (paste here)
How to remove the indicator from the chart?
- Right click in the chart
- Select indicators list
- Click on the indicator’s name
- Click on the delete button