Spike Finder

The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit.

When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position.

It works with 5-digit and 4-digit broker.

Must be used on M1 chart.

Does not need historical data.

It does not use:

  • Martingale.
  • Grid.
  • Hedge.


Parameters

  • spikeFilter - value to decide opening positions
  • takeProfit - take profit in points
  • stopLoss - stop loss in points
  • firstTrailStop - first trail stop points
  • trailStop - trail stop points after first
  • allowedSpread - max spread allowed to open positions
  • slippage - slippage set during position opening
  • SundayTradingInterval - trading interval in Sunday
  • MondayTradingInterval - trading interval in Monday
  • TuesdayTradingInterval - trading interval in Tuesday
  • WednesdayTradingInterval - trading interval in Wednesday
  • ThursdayTradingInterval - trading interval in Thursday
  • FridayTradingInterval - trading interval in Friday
  • tradingOnJan - if true trading active on January
  • tradingOnFeb - if true trading active on February
  • tradingOnMar - if true trading active on March
  • tradingOnApr - if true trading active on April
  • tradingOnMay - if true trading active on May
  • tradingOnJun - if true trading active on June
  • tradingOnJul - if true trading active on July
  • tradingOnAug - if true trading active on August
  • tradingOnSep - if true trading active on September
  • tradingOnOct - if true trading active on October
  • tradingOnNov - if true trading active on November
  • tradingOnDec - if true trading active on December
  • fixedLots - use the lotSize when opening positions (true) or calculate the lot size in this way: (lotSize * AccountEquity) / lotFactor.
  • lotSize - lot size.
  • lotFactor - used to calculate lot size in case fixedLots is false.
Specific symbol to be traded will be released on monitoring signals.


Recommendations

Control the risk and work with appropriate volumes (lots) to your capital.

Do backtest of good quality (99.9%) if you can.

It is recommended to use a low spread broker (true ECN account and/or spread less than 3 pips) and a VPS with low latency.

Monitoring Signal: https://www.mql5.com/en/signals/author/piergae

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Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Apache MHL Moving Average
Paulo Roberto Da Costa
Experts
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
Goldbot One MT4
Profalgo Limited
5 (5)
Experts
PROMOTION DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final: 990$ NOUVEAU : Achetez Goldbot One et choisissez 1 EA gratuitement !! (pour 2 comptes commerciaux) REJOIGNEZ LE GROUPE PUBLIC :   Cliquez ici   Offre Combo Ultime     ->     cliquez ici LIVE SIGNAL Présentation de     Goldbot One   , un robot de trading hautement sophistiqué conçu pour le marché de l'or. En se concentrant sur le trading en cassure, Goldbot One exploite à la fois les niveaux de support
Indicement MT4
Profalgo Limited
5 (2)
Experts
Bienvenue chez Indicement ! PROP FIRM READY ! -> téléchargez les fichiers de l'ensemble   ici PROMOTION DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Offre Combo Ultime     ->     cliquez ici REJOIGNEZ LE GROUPE PUBLIC :   Cliquez ici   VERSION 4.0 LIVE RESULTS OLD VERSION FINAL RESULTS INDICEMENT   apporte mes 15 années d'expérience dans la création d'algorithmes de trading professionne
Dark Algo
Marco Solito
4.67 (70)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
SentinelAI
Valeriia Mishchenko
Experts
No losing months since August 2019, with a 2.04% monthly gain: Live performance MT 5 version can be found here Sentinel AI is fully automated trading system is built for major forex pairs such as EURUSD and GBPUSD on the M5 timeframe. By combining price action and mean reversion principles with advanced AI-driven analytics, it is designed to identify potential trend reversals and exploit market inefficiencies with greater accuracy and efficiency. Supported currency pairs: EURUSD, GBPUSD Timefram
Trust EA MT4
Konstantin Kulikov
5 (1)
Experts
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
XIRO Robot MT4
MQL TOOLS SL
5 (7)
Experts
XIRO Robot is a   professional trading system   created to operate on two of the most popular and liquid instruments on the market:  GBPUSD,  XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable
Supply Demand EA ProBot
Georgios Kalomoiropoulos
4.67 (9)
Experts
Un EA entièrement automatisé basé sur les principes de l'offre et de la demande . La première entreprise à proposer un service de conseil en offre et demande entièrement automatisé . Le trading est plus facile que jamais. Prenez le contrôle total de votre stratégie de trading avec notre tableau de bord de trading graphique convivial. Vous obtenez un logiciel de trading algorithmique de haute qualité qui couvre tous les styles de trading (manuel, semi-automatique, entièrement automatisé). Une var
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Free Spike Finder MT4
Pier Gaetano Novara
3 (2)
Experts
Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Parameters spikeFilte
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Spike Finder MT5
Pier Gaetano Novara
Experts
The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used M1 chart. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss - stop loss in points firstTrailS
Flat Martingale MT5
Pier Gaetano Novara
Experts
This robot is based on martingale logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running a positive trade and will be trailed. The closure of all the opened positions is done by robot when the target profit is reached. Suggested period is M1, but it also works with others. Can be used on all pairs using defaul
ZigoZago
Pier Gaetano Novara
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This robot is based on grid logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running positive trades and these positions will be trailed. Partial closure of opened positions is done by robot to allow trailing mechanism. Suggested period is M1, but it also works with others. Can be used on all pairs using default
Hours and Minutes
Pier Gaetano Novara
Experts
The robot will open one BUY and one SELL tread for each pair in a specific time (hour:minute) of the day using the parameters details for Take Profit, Stop Loss  and time slot: For BUY if openBUY is true at  HRBUY:MMBUY using  stopLossBUY and takeProfitBUY For SELL  if   openSELL   is true   at  HRSELL:MMSELL using  stopLossSELL and takeProfitSELL It does not use : Martingale. Grid. Hedge. It works with 5-digit and 4-digit broker. Is strongly recommended to use forex market with spread 0 and lo
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