Adding parameters to shortcode

I have shortcode like this:

[shortcode_name][/shortcode_name]

I would like to add parameters. Maybe something like this? How do I add them to shortcode?

[shortcode_name parameter=”parameter”][/shortcode_name]

If this is possible, also how do I add to code snippets. This is a working example without parameter.

add_shortcode( ‘shortcode_name’, function () {

$out = loop_through_data (“data”, $ADD_PARAMETER_HERE, $ANOTHER_PARAMETER_HERE);

return $out;
} );