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Golden PainX And GainX Spike Indicator

17 September 2025, 20:57

Edmore Masina

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The Golden PainX and GainX Spike Indicator: Your Guide to Mastering Synthetic Index Spikes

Introduction

The Golden PainX and GainX Spike Indicator is a powerful tool for trading PainX 400 and GainX 400 synthetic indices on the M1 (1-minute) timeframe with the Weltrade broker (minimum deposit $30). This guide equips traders of all levels with a clear roadmap to capture explosive price reversals using AI-driven algorithms, ICT smart money concepts, and price action analysis. Learn how to leverage the indicator’s precise signals, implement an effective trading strategy, and manage risk to excel in Weltrade’s synthetic indices.

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How It Works

The indicator uses advanced algorithms, ICT smart money concepts, and price action analysis to detect high-probability price reversals in PainX 400 and GainX 400 markets on Weltrade.

Key Features

Clear Signals: Blue arrows (buy, upward spikes) and red arrows (sell, downward crashes) mark precise entry points on your chart.
Instant Notifications: Real-time push notifications to your smartphone (Android/iOS) and audible alerts on your computer.
Automated Risk Management: Pre-calculated stop-loss (SL) and three take-profit levels (TP1, TP2, TP3) tailored to market volatility.
Non-Repainting Signals: Locked-in signals ensure reliability.
Trend-Aware Design: Displays bullish or bearish trends across multiple timeframes (M1 to H4, if enabled) for informed decisions.
Symbol-Specific Precision: Optimized for PainX 400 and GainX 400 on the M1 timeframe.
User-Friendly: Works with default settings, with customizable alert options (one-time or continuous).

Spike Detection

Buy Signal (Blue Arrow): Indicates an upward spike on GainX 400.
Sell Signal (Red Arrow): Signals a downward crash on PainX 400.
Each signal includes: entry price, SL, TP1, TP2, TP3, and trend context (bullish/bearish) via notifications, e.g., “Buy GainX 400, TP1: [price], TP2: [price], TP3: [price], SL: [price], Trend: Bullish.”

Trading Strategy

This strategy combines precise signals with trend awareness to maximize profits in the fast-paced PainX 400 and GainX 400 markets.

Step 1: Enter the Trade

Blue Arrow (Buy): Enter a buy order at the signal price for an upward spike on GainX 400.
Red Arrow (Sell): Enter a sell order for a downward crash on PainX 400.
Trend Tip: Signals aligned with the trend (buy in bullish, sell in bearish) have higher success rates. Counter-trend signals are riskier but can be profitable with strict risk management.

Step 2: Set Stop-Loss and Take-Profit

Each signal provides:

Entry Price: Aligned with the arrow.
Stop-Loss (SL): Limits losses, dynamically set based on market volatility.
Take-Profit Levels (TP1, TP2, TP3): Exit points for scalping or capturing full spikes.

Set these levels immediately upon receiving the signal.

Step 3: Manage the Trade

At TP1: Move SL to entry price (break-even) to eliminate risk, especially for counter-trend trades.
At TP2: Take partial profits (50-100%) or hold for TP3 based on your goals.
At TP3: Close for maximum gains or trail SL to lock in 90% of profits.

Trend-Based Risk Adjustment

Buy in Bearish Trend: Reduce risk (0.5-1%) and move SL to break-even at TP1.
Buy in Bullish Trend: Increase risk (1.5-2%) for larger upward spikes.
Sell in Bullish Trend: Reduce risk and move SL to break-even at TP1.
Sell in Bearish Trend: Increase risk to capitalize on downward momentum.

Risk Management Essentials

Discipline is critical for trading success. Follow these rules:

Risk Per Trade: Limit to 1-2% of your account.
Profit Locking: Move SL to break-even at TP1 for counter-trend trades.
Trend Alignment: Increase risk for with-trend signals, reduce for counter-trend.
Broker Compatibility: Use Weltrade ($30 minimum deposit).
Symbol Restriction: Apply only to PainX 400 or GainX 400 on M1 timeframe.