How to use the Boom and Crash PIP Scalper Indicator

Learn how you can use the Boom and Crash PIP Scalper Indicator. You can download it from here.

What is the Boom and Crash PIP Scalper Indicator?

This indicator offers signals for buying and selling for Boom and Crash as they climb up from the bottom and fall from the top by recognizing the local tops and bottoms of the chart it was applied to. When the indicator lines cross, it's a good hint to take profits or leave with a small loss. On the cross, this indicator can transmit sound and e-mail notifications. This works on MT5 only.

When to buy and sell:

As you can see, trading is simple when you use this indicator. Simply buy when the blue line rises from the bottom and the red line reaches the range's middle; sell when the blue line falls from the top and the red line reaches the range's center. When the red line reaches the opposite side of the range, exit for a profit or a minimum loss.

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