The Waddah Attar explosion indicator is a well known indicator in the forex community all over the web. It builds on MACD together with Bollinger Bands and measures the current direction and strength in market. This indicator can act as a scalper on lower timeframes e.g. 30M - 4H but also does a pretty decent job as volatility filter to determine strong trending...
Hello Hello Hello, and welcome back to Bitcoin Beats! This is a Conglomeration of different scripts into 1 indicator that shows a bunch of different things. This is not all my own work but also a mixture of features taken from other useful scripts. I will say in terms of originality, it takes a certain level of skill to put this together and get it working so...
Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. ...