SpikeRiderPRO MT4

IMPORTANT: The recommended .set file is attached in the COMMENTS section of this product. The default input values are generic and are NOT the recommended trading settings. Please download the set file from the comments and load it in the EA inputs before use.

Spike Rider PRO – volatility breakout Expert Advisor for MetaTrader 4

Spike Rider PRO trades sharp volatility spikes. When a candle closes with a range several times larger than the average ATR, the EA places a pending stop order in the direction of the trend filter and follows the price until the breakout is confirmed.

HOW IT WORKS

- Signal: the range of the last closed bar is compared with the average ATR. If it exceeds the set multiplier, a signal is generated.
- Direction: an EMA trend filter defines the side – price above the EMA → Buy Stop, below → Sell Stop.
- Entry: the pending order is placed at a set distance from the price and is pulled behind the price until it triggers. Unfilled orders are deleted after the set lifetime.
- Signal timeframe is independent of the chart timeframe (e.g. M5 signals on an H1 chart).
- Only one position at a time. No martingale, no grid, no hedging, no averaging.

POSITION MANAGEMENT

- Stop Loss and Take Profit are set immediately after the order is filled.
- Tick-by-tick trailing stop.
- Breakeven that accounts for commission and swap.

MONEY MANAGEMENT

- Fixed lot or risk % per trade (calculated from the Stop Loss distance, optionally including spread).
- Lot size limit: no limit (broker maximum) or your own maximum lot.
- If the calculated lot exceeds the allowed limit or available margin, the EA uses the maximum available lot instead of skipping the trade.
- Free margin control before every order.

FILTERS AND PROTECTION

- Maximum spread filter.
- Trading time window.
- Automatic adaptation to 4/5-digit quotes.
- Handling of broker stop and freeze levels, retry on temporary server errors.

INFORMATION PANEL

Symbol and signal timeframe, spread, current bar range vs. ATR trigger, trend side, next lot and risk on SL, EA status, pending orders, open position, profit for day / week / month. Buttons: PAUSE (stop new entries) and CLOSE ALL.

MAIN INPUTS

- Candle Strength Index – ATR multiplier for the signal candle
- Averaging Index – EMA trend filter period
- ATR averaging period
- Signal timeframe
- Indent from price for pending order (points)
- Stop Loss / trailing distance, Take Profit, Breakeven (points)
- Maximum spread, Max slippage
- Working time (start / finish)
- Risk %, fixed lot, lot size limit, max share of free margin per order
- Pending order lifetime (minutes)
- Magic number, order comment, panel settings

RECOMMENDATIONS

- Use the set file from the comments.
- Recommended signal timeframe: M5 (as in the set file). The chart timeframe can be any.
- Low-spread account (ECN / Raw) and a VPS are strongly recommended, as the strategy works with short distances and fast price movements.
Trading Forex and CFDs involves a high level of risk. Past results, including backtests, do not guarantee future results. Use only funds you can afford to lose.

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Jacques Scholtz Fourie
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This EA is a grid-based trading system. It incorporates several advanced features to manage trades dynamically and adapt to market conditions. Here's a summary of its functionality: I am happy to provide my settings file. Recomendation would be to run on a 20 000 cent account. Key Features: 1. Grid Trading Strategy:    - The EA uses a grid-based approach to open buy and sell trades at predefined price intervals.    - It dynamically adjusts the grid levels based on market conditions and risk se
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Paulo Roberto Da Costa
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Signal (GOLD/XAUSD) - 16 months active and over 6,800 trades on a Standard account (1:400 leverage):   https://www.mql5.com/pt/signals/2278431 Product for MetaTrader 4:   https://www.mql5.com/pt/market/product/159627 Product for MetaTrader 5:   https://www.mql5.com/pt/market/product/160313 The Apache MHL Moving Average Expert Advisor, or simply "Apache MHL," is a robot that operates on the GOLD/XAUSD asset using strategies based on moving averages and risk management with Martingale. The use
Stp
Vladislav Filippov
Experts
For the expert to work correctly, do not forget to upload the files to the directory of the agreement (... AppData \ Roaming \ MetaQuotes \ Terminal \ Common \ Files) STP is an automated trading adviser based on neurotechnology, working on an hourly timeframe. The Expert Advisor is configured for trading according to the safe trading strategy from levels, involving the opening of short-term deals and closing them when positive profitability dynamics of several points are achieved, which allows
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Andrey Vasilenko
3 (2)
Experts
Ace Scalper EA works on the GBPUSD, AUDCAD, EURGBP, USDCHF, GBPCAD, GBPAUD, USDCAD and some others pairs. Timeframe M5. The strategy is based on the search of price fluctuations for the quiet period of the Asian session. During this period, there is usually no strong unpredictable price movements, which allows relatively safe scalping, with the average trade duration 1 hour. Uses tight Stop Loss, which provides deposit protection in the event of adverse developments in the market. EA does not us
Shmendridge C7MT4 Channel Breaks
Benjamin Dixon
Experts
Features Simultaneous Multi-Signals, Multi-Symbols and Multi-Timeframes. Please message me for ALL settings. I am constantly seeking new signals and improving old ones to maintain and improve the edges in my updates to this EA Extraordinarily robust (wide range of settings produces positive results over long testing periods during optimizations and across different broker feeds and timeframes) Built-in anti-curve fitting features for extremely robust optimizations (Time Dilation testing, Monte C
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Andriy Sydoruk
3 (2)
Experts
Advisor (Fortune): Your Reliable Tool for High-Frequency Forex Trading The Fortune advisor is designed to be used on any timeframe, any currency pair, and on any broker's server. Its unique trading system makes it a versatile tool for traders. For optimal performance, it is recommended to trade liquid forex pairs, maintain a low spread, and use a VPS. You can start with a $100 deposit and a lot size of 0.01. Key Features and Benefits High-Frequency Trading : Utilizes two trading options: with v
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