Waddah Attar is a dynamic indicator of support and resistance. This “Waddah Attar Dynamic Support Resistance Trading System” is for intraday trading.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
It draws on the chart the lines of support and resistance.
- BUY at the broken the red line (to insert a pending BUY order)
- SELL at the broken the green line (to insert a pending SELL order)
Waddah Attar Hidden Level indicator is also a good tool for trade contrarian on the H1 time frame.
- Time Frame: M15, M30, and H1
- Currency Pairs: EURUSD and GBPUSD
MetaTrader Trading Indicators
- Waddah Attar Hidden Level
- ASC Trend 1i
- ASC Trend 1i Alert
- ASC Trend MAtrix 2 TF
- Commodity Channel Index
BUY Rules
- Price break above the red line
- ASC Trens blue color
- CCI line above 50 level
SELL Rules
- Price break below the green line
- ASC Trens red color
- CCI line below -50 level
Trading NOTES
- Initial stop loss above or below the blue dot line
- Risk Reward Ratio 1:2 or 1:3