QUANT SPIKES EA — USER GUIDE & SETUP
REQUIREMENTS
Before running Quant Spikes EA, ensure 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.
INSTALLATION
- Download QuantSpikes.ex5 from your MQL5 purchase
- Open MetaTrader 5
- Click File, then Open Data Folder
- Navigate to MQL5, then Experts
- Paste QuantSpikes.ex5 into the folder
- Restart MT5 or press F5 in the Navigator panel
- Drag Quant Spikes onto the Boom 600 Index chart
- Enable Allow Algo Trading in EA settings
- Click OK
BACKTESTING SETUP
Use these exact settings in the Strategy Tester:
Setting Value Expert QuantSpikes.ex5 Symbol Boom 600 Index Timeframe M2 Date 2025.08.01 to 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 on the respective 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 to 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
LIVE TRADING TIPS
Run on a VPS at all times. Start with a small lot size of 0.2 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.
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
