SONIC BHOOM — Indicator by traderssignalofficial

trendanalysis averagetruerange movingaveragecrossover trend profit priceaction trendanalyse

👉 What is this indicator ?

This indicator is made up of Trend and Moving Average, The idea used in this indicator is to understand the current trend and take buy sell entry based on moving average

👉 How many alarms does this indicator have ?

This indicator has two types of alarm for buy signal and sell signal, and it is best to set the alarm by selecting the Alert Once Bar Close option to avoid repaint.

👉 On which coins can this indicator be used ?

This indicator is best used on all cryptocurrencies and forex markets, You can use this indicator with any Time Frame, and this indicator is set to the 1000SHIBUSDT Coin, 5min Time Frame by default. Use appropriate values when using other coins. If you have any difficulty in finding the Value, you can contact us.

Default Setup Instructions 👇

Duration: 5 Minute
Default Coin : 1000SHIBUSDT

The following settings can be found in this indicator

Trend Length :This is an average True change value, Average True Range (ATR) is the average of True ranges over the specified period. ATR measures volatility, taking into account any gaps in the price movement.

Trend High : This is the ATR Factor Value. You can change this value according to the volatility, the ATR Factor value is also used to reduce the chance of a fake signal

Threshold :
The Threshold is the difference between price and moving average. Changing the value of this option will change the accuracy of the trading signal

Release Notes:

Added Alert conditions

Release Notes:

Improved accuracy

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact traderssignalofficial for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Please contact traderssignalofficial@gmail.com or telegram.me/traderssignalofficia... for 7 days trial access. After the trial period, You can use this indicator for a small fee after the trial period

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