Spike Trap
- 지표
- Tangu Cedrick Ndam
- 버전: 3.60
- 업데이트됨: 14 2월 2026
- 활성화: 6
Spike Trap is a simple but powerful tool that identifies sharp market spikes and waits for price pullbacks to highlight high-probability entry and exit zones. By combining volatility detection with smart retracement logic, it helps traders capitalize on fast price moves with precision and reduced risk. Ideal for scalping or long-term trading in volatile markets.
Spike Trap can be used to trade synthetic indices such as Boom and Crash offered by Deriv Broker as well as Pain and Gain indices offered by the Weltrade Broker.
Features
1) No Repaint, no lagging indicator
2) Strategy: Select the indices you wanto trade for spikes (Either Boom index/Gain index or a Crash index/Pain index).
The Buy & Sell option under the strategy permits you to get both Buy and Sell signals should
incase you are trading an asset other than Boom or Crash. Suitable for Volatility indices or currencies
3) Depth : The new Depth setting allows you to control how swing points are calculated. A lower Depth value produces closer swing points (smaller stop loss distance), while a higher value generates wider levels.
4) Alerts: Spike Trap comes with MT5 notification and mobile notification alerts which signals when there i an incoming signal. Just set the notifications settings to true to get instant notifications alerts. If you do not know how to configure mobile notification, inbox for assistance.
Extras (How to trade)
To trade efficiently, you will need to trade only during strong trending markets to filter out false low quality signals. To do this, add two Linear Weight Moving Averages (period 50 and period 100) to determine strong trends as illustrated in the screenshot's as below. You buy only when LWMA 50 line is above LWMA 100 line and Sell when when LWMA 50 line is below LWMA 100 line.
Stop lose levels: Place your stop lose on the last swing low (for Buy trades) indicated by red dot or last swing high (for Sell trades) indicated by aqua colored dot
Recommended Timeframe: you can use any timeframe of your choice. Higher timeframes best for intraday/swing traders
Pairs to trade: Any Boom and Crash or Pain and Gain synthetic indices . For volatility indices, Switch strategy settings to Buy_Sell
Timeframe: You can trade any timeframe of your choice. Recommended timeframe 5mins, 15mins, 30mins and 1H.
For any kind of assistance, do not hesitate to inbox the developer through mql5 massage box or telegram @Elvmcc.
