B5 and B3 assistant

B5 and B3 assistant is an indicator developed to add a bit of certainty.

The indicator provides the trader with clear "predictive" entries.

Each entry is marked on the chart, with a point value and estimated amount of spikes.

HOW TO USE THE INFDICATOR:

Load onto your Boom 500 or B300 chart.
Wait for signal.
Use signal information to place SL and TP.

EXAMPLE OF HOW TO TAKE TRADES:

You will get an on chart alert and push notification which will be as follows:

OPTION 1:

incoming spike alert: 7856 points: 2 spikes.


Use the points as your SL.
Use the spike count as TP or as a guide.

So in the given example 7856 will be SL from buy entry and TP will be 7856 x 2(number of spike) making TP 15712 points away from entry.

OPTION 2:

Still use points as SL but instead of multiplying by spike count, instead wait for estimated number of spikes before closing.

Both methods use minimum risk to reward.

You can feel free to add your own indicators or methods to assist.

TIME FRAMES:

This indicator can be used on timeframes from 1M to 15M.

THIS IS NOT A GAURANTEED CATCH SPIKES EVERY TIME TYPE OF INDICATOR.

PLEASE USE AT YOUR OWN DISCRETION AND RISK.