Utraspikedetector

UltraSpikeDETECTOR for MQL5 is a professional market indicator designed to detect sudden price spikes and market trends efficiently. It provides real-time alerts, clear visual signals, and full integration with the MQL5 platform. Fully customizable and adaptable to various trading strategies, it helps traders monitor market movements more effectively. This tool is intended to support informed decision-making and improve trading analysis. No profit guarantees are provided, ensuring compliance with platform rules and responsible trading practices. Ideal for traders seeking a reliable and precise market monitoring solution.
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The diamond top and bottom are reversal patterns. It represents a rally to a new high with a drop to a support level followed by a rally to make a new high and a quick decline, breaking the support level to make a higher low. The bounce from the higher low is then followed by a rally, but making a lower high instead. Once this behavior is identified, prices then break the trend line connecting the first and second lows and start to decline further. You can find MT4 version hier Indicator shows
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Optimized Spike Detector Pro for MT5 is a professional-grade technical indicator designed to identify and capitalize on sharp, impulsive price movements (spikes) in any financial instrument. Utilizing a sophisticated, multi-algorithmic core, it distinguishes significant volatility expansions from market noise with exceptional accuracy. The tool dynamically adapts to changing market conditions, filtering out false signals and highlighting only high-probability spike setups in real-time. Featuring
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