THV Spike Reversal Mt5

Spike Reversal EA – Smart Candle Entry & Equity Management

Spike Reversal EA is a versatile and intelligent trading assistant designed to identify powerful “spike candles” — candles with strong body momentum and short wicks — and open trades based on clear, controlled logic.
Whether you’re trading manually or automatically, Spike Reversal gives you full control with dynamic entry rules, advanced risk management, and instant keyboard shortcuts.

Main Trading Logic:

  • Spike Entry Detection:
    Opens trades when a candle has a long body (strong move) and short wick (low rejection).

    • Bullish spike (red candle with strong drop) → Buy

    • Bearish spike (green candle with strong rise) → Sell

  • Customizable Entry Filters:

    • Minimum candle body size

    • Maximum wick length

    • Time delay before opening another trade in the same direction

Stop Loss & Take Profit Control:

  1. Fully configurable SL/TP system

  2. Works per order or by average price

  3. Adjustable stop loss  and take profit for precise risk/reward targeting

DCA (Dollar Cost Averaging) Module:

  1. Optional DCA Buy and DCA Sell systems

  2. Define max number of DCA orders, step distance, and step multiplier

  3. Supports both fixed and progressive spacing

Equity & Floating PNL Auto-Closure:

  1. Equity-Based Closure: Automatically close all trades when equity increases or decreases by a defined percentage

  2. Floating PNL Closure: Close all positions once profit or loss in USD reaches a target threshold

Keyboard Shortcuts – Trade Like a Pro:

Trade management has never been faster! Control your account directly from your keyboard:

  1. Open positions:  Buy or Sell

  2. Close profitable /loss /all trades: Buy or Sell

  3. Close all profitable /loss /all trades:  Buy & Sell

Highlights:

  1. Smart candle-based trade entries
  2. Full manual control via keyboard
  3. SL/TP management flexibility
  4. DCA scaling strategy
  5. Automatic equity & profit protection
  6. Lightweight and optimized for all pairs & timeframes

Recommended Use:

  1. Works best on volatile pairs or timeframes with strong momentum (e.g. M1–M15)

  2. Use in conjunction with proper money management and technical analysis.

  3. Ideal for traders who want both automation and control


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5 (2)
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TICK STACK LTD
5 (5)
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Cortex Aurex
Vladimir Mametov
5 (2)
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Farzad Saadatinia
5 (3)
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Jimmy Peter Eriksson
3.94 (34)
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Barbaros Bulent Kortarla
3.47 (15)
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Simon Reeves
5 (13)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
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MQL TOOLS SL
4.3 (111)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Adam Hrncir
4.88 (43)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, Blackbull, Fusion,
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