Waddah Attar Buy Sell Volume Indicator for MetaTrader 4 Download - Free

The Waddah Attar Buy Sell Volume Indicator is one of the MetaTrader 4 indicators developed by Waddah Attar. This indicator displays the Buy and Sell Volume in an oscillator window.

By focusing on volume and analyzing momentum strength, it effectively identifies buy and sell zones.

Indicator Specifications

The table below provides an overview of the indicator's specifications:

Bullish Market Trends

In an uptrend, the blue bars gradually grow taller, signifying increasing Buying Pressure and greater market demand.

This rise in volume often leads to resistance breakouts and continued price growth.

Bearish Market Trends

The GBP/USD pair is in a downtrend in the following chart. Red bars consistently grow taller, reflecting rising Selling Pressure, while sellers dominate the market.

This trend correlates with falling prices and support breakouts. Simultaneously, blue bars shrink or disappear, reducing Buying Pressure.

Indicator Settings

The detailed settings for the Waddah Attar Buy Sell Volume Indicator are shown below:

• TimeFrame: Adjust time intervals
• Theme: Customize the background theme of the indicator

Conclusion

The Waddah Attar Buy Sell Volume Oscillator evaluates market conditions by analyzing changes in blue and red bars, assessing whether buyers or sellers dominate the market.

These changes are used to identify continuation trends or market reversals. Alongside this indicator, traders can also utilize a variety of Trading Assist Indicators for MT4 to enhance their strategies.