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Waddah Attar Dynamic Support Resistance Trading


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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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

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READ  Forex Mega Trend CCI Trading System and Strategy

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