The Waddah Attar Buy & Sell Volume indicator for MT4 displays buy and sell Forex volume in a bottom chart.
Volume shows up as green and red colored bars.
The indicator itself does not generate any buy & sell signals, but might give you an indication of where the overall trend is heading.
Key Features
- Displays Forex volume
- Does not repaint
- Combine with other technical tools
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a volume technical tool.
General Assumptions
- When the green volume bars outrank the red bars, the trend is considered bullish.
- When the red volume bars outrank the green bars, the trend is considered bearish.
Free Download
Download the “Waddah_Attar_BUY_SELL_Vol.mq4” MT4 indicator
Trading Chart
The EUR/USD 1-hour chart below shows the Waddah Attar Buy & Sell Volume Forex indicator in action.
Waddah Attar + ZWinner Trend MT4 Forex Trading Strategy
This high-probability strategy pairs the strength of the Waddah Attar Buy Sell Volume Indicator with the clarity of the ZWinner Trend Forex Indicator to catch explosive moves in trending markets.
It focuses on momentum confirmation and trend direction alignment, making it ideal for scalping or swing trading.
Strategy Setup
- Indicator 1: Waddah Attar Buy Sell Volume (Momentum and volume confirmation)
- Indicator 2: ZWinner Trend Indicator (Trend direction)
- Timeframes: 15M, 30M, 1H
- Pairs: All major and minor forex pairs
Buy Entry Conditions
- The ZWinner Trend Indicator turns blue, signaling a bullish trend.
- The Waddah Attar histogram shows a strong green bar, rising above the explosion level.
- Enter a Buy trade at the next candle close after confirmation.
- Place the Stop Loss below the recent swing low or support level.
- Set Take Profit at 1.5x–2x your Stop Loss or use a trailing stop to lock in profits.
Sell Entry Conditions
- The ZWinner Trend Indicator turns red, indicating a bearish trend.
- The Waddah Attar histogram shows a strong red bar, confirming bearish volume.
- Enter a Sell trade at the next candle close after confirmation.
- Place a Stop Loss above the recent swing high or resistance level.
- Set Take Profit at 1.5x–2x your Stop Loss or trail the stop to maximize gains.
Why This Combo Strategy Works
The ZWinner Indicator offers a clear directional bias, while the Waddah Attar Indicator confirms momentum strength through volume.
This dual confirmation reduces false signals and enhances trade timing in trending environments.
Download Now
Download the “Waddah_Attar_BUY_SELL_Vol.mq4” MT4 indicator
Customizable Parameters & Settings
Colors, style
Technical Information
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: works on any time frame
Indicator Type: volume
Final Thoughts
The Waddah Attar Buy Sell Volume Indicator for MetaTrader 4 is a specialized tool designed to assist traders in analyzing market momentum through volume analysis.
By displaying colored histogram bars—green for buying pressure, red for selling pressure, and yellow for the difference between the two—it provides a clear visual representation of market dynamics.
This indicator is particularly useful for traders employing volume-based strategies, as it helps in identifying potential trend continuations or reversals.
For optimal performance, consider combining the Waddah Attar Buy Sell Volume Indicator with other technical analysis tools, such as trend indicators or oscillators, to confirm signals and enhance trading decisions.
Overall, the Waddah Attar Buy Sell Volume Indicator offers valuable insights into market sentiment, aiding traders in making informed and timely trading decisions.
