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 trends in the main trading chart.
It also tells you whether the trend is up or down for the aforementioned time frames.
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.
Trading Signals
Signals from the Waddah Attar Strong Level indicator for Metatrader 4 are easy to interpret and go 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 Now
Download the “Waddah_Attar_Strong_Level.mq4” MT4 indicator
Strong Level Breakout MT4 Strategy with Cougar Confirmation
This strategy takes advantage of breakout opportunities using the Waddah Attar Strong Level Indicator for MT4 to detect high-probability breakout zones and confirms momentum direction using the Cougar Forex Indicator for MT4.
It’s ideal for intraday and short swing trades.
Strategy Overview
- Timeframe: M15, H1, or H4
- Pairs: EUR/USD, GBP/JPY, AUD/USD, and major crosses
- Indicators Used:
Waddah Attar Strong Level,
Cougar Forex Indicator
Buy Entry Rules
- Wait for the price to break above a key level marked by the Waddah Attar Strong Level Indicator.
- Confirm the breakout with a bullish signal or upward trend from the Cougar Forex Indicator.
- Enter a buy trade once the breakout candle closes above the level with Cougar support.
- Place a stop-loss just below the breakout level or the last swing low.
- Target the next visible resistance or use a 1.5–2x risk/reward ratio.
Sell Entry Rules
- Wait for the price to break below a strong level identified by the Waddah Attar Strong Level Indicator.
- Confirm with a bearish signal or downward trend indication from the Cougar Forex Indicator.
- Enter a sell trade once the breakout is confirmed by the candle close and Cougar alignment.
- Place a stop-loss just above the broken level or last minor swing high.
- Target the next support zone or a 1.5–2x risk/reward ratio.
Strategy Tips
- Breakouts with high Cougar momentum signals tend to be more reliable.
- Wait for candle close confirmations—avoid false breakouts caused by wicks.
- Combine with a news calendar to avoid unexpected volatility during announcements.
Adjustable Parameters & Settings
Back test, draw month, draw week, draw day, draw H4
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
Final Thoughts
The Waddah Attar Strong Level Indicator for MetaTrader 4 is a powerful tool designed to identify and display key support and resistance levels on your charts.
Plotting monthly, weekly, daily, and H4 levels provides traders with clear visual cues for potential entry and exit points.
This indicator is particularly useful for swing traders and those employing range-bound strategies, as it highlights critical price zones where reversals or breakouts may occur.
For optimal performance, consider combining it with other indicators like the RSI or Moving Averages to confirm trend direction and momentum.
