OPEN-SOURCE SCRIPT
Updated Waddah Attar Explosion [smillal]

This is just a slightly altered version of Lazy Bear's great indicator
with the added feature to draw the explosion line in different colors while it is currently rising or falling.
with the added feature to draw the explosion line in different colors while it is currently rising or falling.
Release Notes
code clean-upRelease Notes
correctionRelease Notes
update screenshotRelease Notes
update screenshotRelease Notes
update screenshotRelease Notes
update chartRelease Notes
- Remove DeadZone to work with Alt-Coins.- New Screenshot
Release Notes
Improve default appearance.Release Notes
[explosion line]- introduce'additional 'prep' level color
- full highlight only when trend is above explosion level.
Release Notes
update screenshotRelease Notes
Explosion line now includes all signal information coded into 4 different colors:- red: neutral no signal
- orange: explosion line is rising but no strong trend
- green: trend above explosion level
- lime: increasing trend above explosion level. FULL SIGNAL
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.