How to Use the Indicator
One of the hardest things to do is sell your position at the right time to secure your profits.

This Trading View Indicator helps you to formulate a clear visual action plan which is drawn on your chart and shows specific percentage levels to sell your assets as the asset rises parabolically.

This does happen in the bull market, and so by gradually scaling-out from 500% up, at each level cash out 10% of your tokens, then at 600% - 20%, then 30% up to 50% you can de-risk on the way up, collecting most of your profits whilst still keeping some of your remaining chips on the table should there be higher tops after the obvious main sell-off.


The premium version gives unlimited take profit levels and you can pre-load your portfolio by hard coding it into the script which is a service we may offer.

Lets use an example of a crypto currency such as Internet Computer (ICP) which suddenly rose in price in 2024 by 90% in a single day. Once you have installed the SOOP indicator on your trading view desktop app, you will see a vertical yellow stripe to the right of your chart, this is where the price levels are going to show when we enter the details of your trade.


There is a video on youtube which shows the example of ICP on a 1 hour chart, in the video we open the SOOP indicator settings and enter the amount of tokens aquired and the price level which we bought them at. You will see on the chart your buying position at the bottom and an example level of a 100% profit marked by the red Take Profit marker.


You can increase this starting point to say 400% in the settings and also add other levels of take profit by adding 5 in the max number of TP levels . You can also change the interval between these levels, and in the Premium version you can add unlimited levels.


The above example show the purchase of Toshi the cat token at $0.00000661 and the amount of 15117488 tokens for $99. This is a good example of a small market cap token risinng 20x from the start and may possibly rise much more by the end of the bull season. In which case you might like to increase the take profit interval to 100 or 50% as shown in the video.


The SOOP indicator has a free version with 5 critical selling points and a premium version, which gives you unlimited sell points for those extra pumpy micro cap coins, and audible alerts to let you know the next sell point has been reached and we may include the ability to hard code your portfolio for easier lookup functions by the sharing of the original script or as a service.

https://blackswanindicators.in