BOOM AND CRASH EA / ROBOT

Fibonacci levels on higher time frames (daily, weekly) are more significant than those on smaller time frames (15-minute, 1-hour)

Fibonacci retracement is a powerful tool for identifying potential support and resistance levels during a market correction.

Understand the Key Fibonacci Levels

Common Fibonacci retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6%. The most significant levels for price corrections tend to be 38.2%, 50%, and 61.8%.

These levels act as potential support (in an uptrend) or resistance (in a downtrend) zones.

Filter False Signals


• You can use additional indicators like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) to confirm the trend. For example:
◦ If RSI is above 50 in a bullish signal, it confirms the upward momentum.
◦ If MACD line crosses above the signal line in a bullish scenario, it supports the uptrend.

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The middle line is a 20-period Simple Moving Average (SMA).
The upper and lower bands represent 2 standard deviations from the SMA.

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Trend Start Detection

• Uptrend Start (Buy Signal):
• Look for a candle to close above the upper Bollinger Band. This signals a potential start of an upward trend.
• Enter a buy position if price closes above the upper band, indicating strong bullish momentum.
• Downtrend Start (Sell Signal):
• Look for a candle to close below the lower Bollinger Band. This signals a potential start of a downward trend.
• Enter a sell position if price closes below the lower band, indicating strong bearish momentum.


Trend End Detection
• Uptrend End:
• The trend may end when the price touches or closes below the middle line (the 20-SMA). This could indicate a weakening uptrend or consolidation.
• Exit your buy position once price closes below the middle line.
• Downtrend End:
• The downtrend may end when the price touches or closes above the middle line (20-SMA).
• Exit your sell position once price closes above the middle line.

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Bollinger Bands


Settings
Apply Bollinger Bands with default settings (20-period moving average, 2 standard deviations) to your chart. These bands will help identify potential trend beginnings and ends.
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What Boom300 is doing to me right now 😂

Number 2. Understand your broker’s business model and trade accordingly.

Like I said, “depending on your account size”
I’m in a buy position still….

Number 1. Why I ask you to not fall for the “Spike Detector” bots people are selling.

Some good profits still. It's a long term buy but if you're scalping you can take profit now.

You can hold for long depending on your account size.

Nice spike.

Buy Boom 300 and hold
(Check your account size tho)😂

This month’s profit.
Swap fees is eating me up😅

Chatroom/Comment Section Reactivated ✅

How to Follow the Trend with MACD and S/R Levels (Strategy is detailed in the caption)

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