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Boom index scalping indicator

DC Boom 1000 Scalping Strategy Guide

**Price**: $30

**Contact**:

WhatsApp/Telegram: +27683229304

WhatsApp/Telegram: +27671192993

1. Understanding the Boom 1000 Index

Boom 1000 Index: A synthetic index known for generating upward spikes. This strategy focuses on capturing the brief downward movements between spikes by selling when specific signals appear.

2. Timeframe

M1 Timeframe: This strategy is exclusively designed for the 1-minute (M1) chart, allowing you to make quick trades and capture small but consistent profits.

3. The Indicator Setup

Indicator: The strategy uses an arrow-based indicator that identifies potential sell opportunities.

Signal: A sell signal is generated when an arrow appears above a candlestick on the M1 chart.

4. Key Features of the Strategy

Non-Repainting: The indicator does not repaint, meaning the signals remain consistent and reliable even after the candlestick closes.

Phone Compatibility: The strategy can be executed on mobile devices, making it convenient for traders on the go.

99% Accuracy: The indicator boasts a high accuracy rate, providing confidence in each trade signal.

Audible Alert: An audible alert sounds when a sell signal is generated, ensuring you never miss a trading opportunity.

Push Notifications: Receive push notifications on your phone when a signal appears, allowing you to take action promptly, even if you’re away from your trading platform.

5. How to Use the Indicator

M1 Timeframe: This strategy is designed to be used on the M1 (1-minute) timeframe.

Sell Signal: When the red down arrow appears on the chart, it indicates a potential sell opportunity.

Opening a Sell Position: As soon as the red down arrow appears, open a sell position immediately.

Holding the Trade: Hold the trade for 5 to 10 M1 candles or approximately 5 to 10 minutes, depending on the market conditions and your comfort level.

Stop Loss: Place the stop loss just above the previous recent spike. This helps protect your trade from sudden reversals.

6. How to Install the Boom 1000 Scalping Indicator on MT5

1. Download the Indicator: Ensure you have the Boom 1000 Scalping Indicator file (.ex5 or .mq5 format) downloaded to your device.

2. Open MT5 Platform: Launch your MetaTrader 5 (MT5) trading platform.

3. Access the Data Folder: Click on File in the top menu. Select Open Data Folder from the dropdown menu.

4. Navigate to the Indicators Folder: In the Data Folder, open the MQL5 folder. Inside the MQL5 folder, locate and open the Indicators folder.

5. Copy the Indicator File: Copy the downloaded Boom 1000 Scalping Indicator file. Paste it into the Indicators folder.

6. Refresh or Restart MT5: Go back to the MT5 platform. In the Navigator window, right-click on Indicators and select Refresh. Alternatively, you can close and reopen the MT5 platform.

7. Attach the Indicator to Your Chart: In the Navigator window, expand the Indicators list. Locate the Boom 1000 Scalping Indicator. Drag and drop it onto the Boom 1000 M1 chart. Configure any settings as needed and click OK.

8. Verify Installation: The indicator should now be visible on your M1 chart, and you should be ready to follow the strategy as outlined.

7. Trade Management

Exit Strategy: Close the trade after capturing 5 to 10 candles. This prevents overexposure and protects your profits.

Stop Loss: Set a tight stop loss just above the recent high or near the arrow signal to limit potential losses.

8. Risk Management

Position Size: Adjust your lot size to ensure that you're risking no more than 1-2% of your account balance per trade.

Avoid Overtrading: Stick to the plan of taking only 5 to 10 candles per trade. Avoid the temptation to stay in the trade longer, as this increases the risk of encountering a spike.

9. Additional Tips

Timing: Focus on high-activity periods when the market is showing clear downward momentum.

Backtesting: Before going live, backtest the strategy on historical data to ensure its effectiveness and to fine-tune your approach.


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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
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Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
PZ Harmonacci Patterns MT5
PZ TRADING SLU
3 (5)
Indicators
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
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Michela Russo
5 (1)
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Stratos Pali Indicator is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost ! Do
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Daniel Stein
4.93 (14)
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Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
Noize Absorption Index
Ekaterina Saltykova
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Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
PZ Support Resistance MT5
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