Waddah Attar MetaTrader 5 Buy and Sell Volume Indicator Download - Free - MT4/MT5 Resource

The Waddah Attar Buy and Sell Volume indicator , designed by Waddah Attar , can be used as a MetaTrader 5 indicator .

This indicator displays buying and selling volume in the oscillator window and identifies major buying and selling areas by analyzing Volume and Momentum Strength .

Waddah Attar Buy and Sell Volume Indicator Specification Sheet

The table below summarizes the specifications of this indicator.

Indicator Overview

The Waddah Attar Buy and Sell Volume indicator represents buy and sell volume as blue and red histogram bars in the lower chart window. Blue bars indicate Buying Pressure , while red bars show Selling Pressure . Higher bars reflect increased buying or selling activity .

Indicators are in an upward trend

During an uptrend , the height of blue bars gradually increases signals stronger buying pressure and growing market demand .

An increase in volume indicates that buyers are becoming more active and usually results in a breakout of rising price resistance .

Indicators are in a downward trend

The Bitcoin (BTC) chart shows a downtrend . The red bars have grown higher, indicating strong selling pressure .

Sellers dominate the market, driving down prices and causing support breakouts . Meanwhile, blue bars shrink or disappear, reflecting a lack of Buying Pressure .

Indicator Settings

The image below shows the adjustable settings of this indicator:

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

Conclusion

The Waddah Attar Volume Oscillator analyzes the changing heights 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 in conjunction with other level indicators .