ASPCT Boom Crash Omniscope

Description

ASPCT Boom Crash Omniscope is a scalping indicator designed to analyze and visualize price movements on the Boom and Crash indices. The indicator tracks six different indices: Boom 1000, Boom 500, Boom 300, Crash 1000, Crash 500 and Crash 300.

Peculiarities

• Display signals for six different Boom and Crash indices
• Using color indicators to indicate different market conditions
• Separate indicator window with buttons for quick switching between symbols
• Works exclusively on the M1 timeframe

Parameters

• Bars History : Number of history bars to analyze (default 3000)

Visualization

The indicator uses colored arrows to display different market states:

• White: Reset state. Do not enter.
• Blue: Loading state. Do not enter.
• Orange: Stand by. Do not enter.
• Green: Input signal.

How to use

1. Add all the mentioned indices to the market overview window. This is necessary for the indicator to work correctly.
2. Install the indicator on the chart of any of the supported Boom or Crash indices on the M1 timeframe.
3. The indicator will automatically display signals for all six indices in a separate window.
4. Use the buttons in the indicator window to quickly switch between different indices.
5. Pay attention to the sequence of color signals:
   • The correct sequence to enter is: White -> Blue or Orange -> Green
   • The white signal must precede the green signal, but there must be a blue or orange signal between them.
6. Trading rules:
   • For Boom indices: Only enter buy when green signal appears after correct sequence.
   • For Crash indices: Only enter sell when green signal appears after correct sequence.
   • After entering a position, if it goes into a drawdown, open an averaging grid every 12-15 candles with a lot multiplier.
   • Close all positions after reaching profit within 2-4 minutes.
   • After working through the green zone, do not re-enter it until the white reset zone appears.

Note

This indicator is designed for use on markets with Boom and Crash indices. Make sure your broker provides access to these instruments before using the indicator. The indicator is designed for scalping and works only on the M1 timeframe.

Disclaimer

Trading on financial markets involves a high level of risk. The author and publisher are not responsible for any losses incurred as a result of using this indicator. The user is fully responsible for his/her trading decisions.