Quant Spikes User Guide

29 March 2026, 04:56
Niccyril Chirindo
0
27
QUANT SPIKES EA — USER GUIDE & SETUP

I. REQUIREMENTS

Before running Quant Spikes EA, make sure you have the following:

Requirement Details
Broker                              Deriv
Account Type Real or Demo
Symbol Boom 600 Index
VPS ✅ Required — 24/7 uninterrupted operation
Min. Deposit $150 
⚠️ This EA requires a VPS. Running it on a home PC that sleeps or restarts will cause missed trades. A VPS keeps the EA alive 24/7.

II. INSTALLATION


  1. Download QuantSpikes.ex5 from your MQL5 purchase
  2. Open MetaTrader 5
  3. Click File → Open Data Folder
  4. Navigate to MQL5 → Experts
  5. Paste QuantSpikes.ex5 into the folder
  6. Restart MT5 or press F5 in the Navigator panel
  7. Drag Quant Spikes onto the Boom 600 Index chart
  8. Enable "Allow Algo Trading" in EA settings
  9. Click OK

III. BACKTESTING SETUP

Use these exact settings in the Strategy Tester (matching your screenshot):

Setting Value
Expert QuantSpikes.ex5
Symbol Boom 600 Index
Timeframe M2
Date 2025.08.01 — 2026.03.28
Forward No
Delays 100 ms
Modelling Every tick based on real ticks
Deposit 10,000 USD
Leverage 1:500
Optimization Disabled

✅ Always use "Every tick based on real ticks" for the most accurate backtest results on Deriv synthetic indices.


IV. EA INPUT SETTINGS TEST WITH THE SETFILES BELOW

M2 TIMEFRAME SETFILE  https://c.mql5.com/6/998/Boom_600_m2.set

M1 TIMEFRAME  SETFILE https://c.mql5.com/6/998/Boom_600_m1.set  

Load these setfiles when running a backtest  m2 timeframe and m1 timeframe 

Parameter Recommended Value Description
Sensitivity Period 2 Controls signal detection speed
Sensitivity Price Close Price used for signal calculation
Trigger Level 24.0 Momentum threshold to fire a signal
Lot Size 0.3 – 1.00 Start small, scale with account size
Stop Loss 200 pts Maximum loss per trade
Take Profit 100 pts Target per trade
Trend Period 194 Trend confirmation filter period
Trend Method EMA Smoothing method for trend
Trend Price Close Price for trend calculation
Magic Number 20250328 Unique EA identifier — do not change
One Trade Per Bar true Prevents multiple entries per candle

V. LIVE TRADING TIPS

  • ✅ Run on a VPS at all times
  • ✅ Start with a small lot size (0.01) and increase gradually
  • ✅ Use the recommended backtest period to understand EA behaviour before going live
  • ✅ Do not interfere with open trades — let the EA manage them
  • ❌ Do not run on symbols other than Boom 600 Index without testing first
  • ❌ Do not expect a trade every hour — the EA is patient by design

VI. WHAT TO EXPECT

Quant Spikes is not a scalper and is not designed for fast money. It waits for the exact conditions to align before entering. You may see periods with no trades — this is normal and by design. The goal is quality over quantity.


VII. SUPPORT

📩 Telegram: @VolatilityPlus 🌐 Website: volatilityplus.com

For setup help, settings files, and updates join the Telegram channel.


Files: