Boom and Crash Smasher is a free indicator developed by Lesedi Oliver Seilane, designed to work across all timeframes, from the one-minute to the monthly chart. This indicator stands out for its non-repainting nature, meaning the signals it generates do not change after being plotted. The indicator is equipped with sound alerts and email push notifications, which can be particularly useful for traders who want to stay updated on market conditions without being glued to their screens.
Features
Works on all timeframes: from one minute to monthly
100% non-repaint
Comes with sound alerts and email push notifications
Signals appear on the current candlestick for faster entries
Compatible with all charts, including Renko charts
Orange dot indicates a sell signal
Blue dot indicates a buy signal
User Reviews
The Boom and Crash Smasher has received a rating of 4.51 based on multiple user reviews:
Sharer2017: “The indicator is good, but the signal appears late” (Rating: 2)
andresogorman: “Lesedi, you should make an EA with the Boom and Crash indicator just like Rene did in his last video!! I’ll be happy to buy it..!” (Rating: 5)
Pablobb1: “Como se instala? Podria ayudarme” (Rating: 5)
cloudzumerle: “It’s a great indicator; however, what would the best settings be to use this so that the signals show sooner on the longer charts? I have noticed that sometimes they come up almost immediately and other times it takes between 5-60 minutes to show depending on which timeframe is being used. Is it primarily used for quick short-term scalping or are there ways to enable it to trade long-term trades?” (Rating: 4)
rcoca: “Gostaria de saber se é possível utilizar no APP mobile?” (Rating: 3)
Overall, the indicator has been well-received by the trading community, with a few users pointing out areas for improvement, such as the timing of signal appearances.
Reliability and Performance
Boom and Crash Smasher appears to be a reliable tool based on user feedback. However, some users have noted that the signals can sometimes appear late, which may affect trading decisions. This indicator is best suited for traders who prefer quick entries and are comfortable with periodic delays in signal generation.
Useful Tips for Potential Users
Make sure to test the indicator on a demo account before using it in live trading.
Experiment with different timeframes to find the one that best suits your trading style.
Use sound alerts and email notifications to stay updated without constantly monitoring the charts.
Consider combining Boom and Crash Smasher with other indicators for more robust trading signals.
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