Spike Finder MT5

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
  • 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 and parameters in use 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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4.55 (47)
Experts
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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Bogdan Ion Puscasu
4.86 (507)
Experts
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
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Leonid Arkhipov
4.63 (123)
Experts
BB Return — un Expert Advisor (EA) per il trading dell’oro (XAUUSD). Questa idea di trading è stata utilizzata in precedenza da me nel trading manuale . Il cuore della strategia è il ritorno del prezzo all’interno del range delle Bollinger Bands , ma non in modo meccanico né a ogni contatto. Nel mercato dell’oro le bande da sole non sono sufficienti, per questo l’EA utilizza filtri aggiuntivi che eliminano condizioni di mercato deboli o non operative. Le operazioni vengono aperte solo quando la
Precise Pair Trading Pro
Arkadii Zagorulko
3.75 (12)
Experts
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MQL TOOLS SL
4.76 (139)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Aetherion Prime EA
Valentina Zhuchkova
Experts
AETHERION PRIME EA Trading algoritmico di precisione per XAUUSD su H1 Segnale pubblico live per il monitoraggio in tempo reale: https://www.mql5.com/ru/signals/2381671 Offerta di lancio limitata Le prime 7 copie sono disponibili a soli 259 USD . Una volta vendute queste copie, il prezzo aumenterà immediatamente di 100 USD, passando a 359 USD . Questa offerta di lancio è destinata ai trader che desiderano acquistare Aetherion Prime EA nella sua fase iniziale e seguire lo sviluppo del sistema fin
HFT Spike EA
OMG FZE LLC
3.67 (3)
Experts
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Valentina Zhuchkova
5 (5)
Experts
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MQL TOOLS SL
5 (3)
Experts
DAX Robot is an advanced automated trading system developed specifically for the DAX 40 Index on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability trading opportunities by combining trend analysis, market momentum, and volatility based conditions. DAX Robot is designe
Golden Conqueror
Taner Altinsoy
5 (1)
Experts
Welcome to Golden Conqueror , a highly advanced, fully automated active scalping algorithmic system designed exclusively for Gold (XAUUSD) . Built with institutional logic, this EA strictly avoids dangerous grid or martingale systems. Instead, it utilizes high-precision Pivot Breakouts to exploit market momentum and volume surges. To ensure absolute risk mitigation and capital protection, the algorithm strictly limits itself to a maximum of 1 open trade at a time . Furthermore, every single exe
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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
FREE
Spike Finder
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 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
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
Experts
Questo robot si basa sulla logica della griglia ma con un lento incremento della dimensione di lotti e limitando la frequenza di apertura degli scambi per evitare grossi rischi dovuti a questa logica. Le posizioni vengono aperte in entrambe le direzioni senza impostare Take Profit e Stop Loss. Lo Stop Loss è impostato solo in caso di operazioni positive e queste posizioni adotteranno il meccanismo di Stop Loss in profitto ovvero trailing. La chiusura parziale delle posizioni aperte viene ese
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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