Waddah Attar Buy Sell Volume Indicator for MetaTrader 5 Download - Free

The Waddah Attar Buy Sell Volume Indicator, designed by Waddah Attar, is available as a MetaTrader 5 indicators.

This indicator displays Buy & Sell Volume in the oscillator window and identifies key buy and sell zones by analyzing Volume and Momentum Strength.

Specifications Table for Waddah Attar Buy Sell Volume Indicator

The following table summarizes the specifications of this indicator:

Indicator in an Uptrend

During an uptrend, the gradual increase in the height of the blue bars signals stronger Buying Pressure and growing market demand.

This volume increase suggests buyers are becoming more active, often leading to price increases and resistance breakouts.

Indicator in a Downtrend

The Bitcoin (BTC) chart demonstrates a downtrend. The red bars grow taller, indicating strong Selling Pressure.

Sellers dominate the market, driving prices lower and leading to support breakouts. Meanwhile, blue bars shrink or vanish, reflecting a lack of Buying Pressure.

Indicator Settings

Below is an image showcasing the adjustable settings of this indicator:

• TimeFrame: Set the analysis interval
• Type Of Volume: Select the volume type
• Theme: Customize the indicator's background theme

Conclusion

The Waddah Attar Buy Sell Volume Oscillator analyzes changes in the height of blue and red bars, highlighting whether buyers or sellers dominate the market.

This analysis is used to identify dominant trends and evaluate the continuation or reversal of market direction; it is recommended to use this oscillator alongside other level indicators.