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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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Indicement'a Hoş Geldiniz! PROP FİRMASI HAZIR! -> set dosyalarını   buradan indirin LANSMAN PROMOSYONU: Güncel fiyattan sadece birkaç adet kaldı! Son fiyat: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) En İyi Kombo Fırsatı     ->     buraya tıklayın KAMU GRUBUNA KATILIN:   Buraya tıklayın   LIVE SIGNAL INDICEMENT,   Endeks piyasalarına profesyonel işlem algoritmaları oluşturma konusunda 15 yıllık deneyimimi getiriyor. EA, en iyi giriş fiyatını bulmak için çok iyi düş
Ai Multi Trend MT4
Mansour Babasafary
5 (2)
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Arz ve talep ilkelerine dayanan tam otomatik bir danışman . İlk defa tam otomatik arz ve talep danışmanları sunuyoruz . Ticaret artık daha kolay hale geldi ve artık ticaret stratejiniz üzerinde tam kontrole sahipsiniz. Kullanışlı bir grafik kontrol paneli kullanın. 15.000 satırdan fazla kodla en yüksek kalitede algoritmik ticaret yazılımına sahip olursunuz. EA Probot Arz ve Talep Kılavuzu Nesne Varlıklarıyla Ticaret Yapmanın En İyi Yolu sizi uzman bir tüccar olma yolunda her adımda zorlar.
Dark Algo
Marco Solito
4.76 (54)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . 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 trends .
HeXon FX – Forex Traderlar için Birinci Sınıf Ticaret Çözümü HeXon FX, döviz piyasalarında hassasiyetle çalışacak şekilde geliştirilmiş, son derece gelişmiş bir Uzman Danışman'dır (EA). En son ticaret stratejilerini kullanarak, HeXon FX EURUSD gibi ana döviz çiftlerinin ticareti için esnek ve istikrarlı bir çözüm sunar. Bu EA, özellikle piyasanın dalgalı olduğu dönemlerde mükemmel performans gösterir ve riskleri en aza indirirken farklı piyasa koşullarına etkin bir şekilde uyum sağlayarak istik
Merhaba, ben Diamond Titan FX. Bu EA, US30 çiftleri için özel olarak tasarlanmıştır. EA, Martingale veya Grid gibi herhangi bir riskli strateji kullanmaz. Varsayılan olarak, EA her işlem için 50 pip sabit bir SL belirler, ancak isterseniz bunu değiştirebilirsiniz. EA ayrıca 10 pip'ten itibaren karı kilitleyen bir takip durdurma (trailing stop) uygular; bunu da değiştirebilirsiniz. Tüm hesap için drawdown yönetim işlevi bulunmaktadır. EA, haber olayları sırasında ticareti kapatmak isterseniz hab
This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
Yazarın diğer ürünleri
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 spikeFilt
FREE
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 firstTrail
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
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
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 l
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Sürüm 1.9 2018.03.01
Changed logic removing parameters isTrending and spikeFilterMaxDelta.
Limit of only one trade per bar of timeframe selected (suggested M1)
Possibility to use setting takeProfit = 0
Added parameters (default):
SundayTradingInterval (00:00-23:59)
MondayTradingInterval (00:00-23:59)
TuesdayTradingInterval (00:00-23:59)
WednesdayTradingInterval (00:00-23:59)
ThursdayTradingInterval (00:00-23:59)
FridayTradingInterval (00:00-23:59)
tradingOnJan (true)
tradingOnFeb (true)
tradingOnMar (true)
tradingOnApr (true)
tradingOnMay (true)
tradingOnJun (true)
tradingOnJul (true)
tradingOnAug (true)
tradingOnSep (true)
tradingOnOct (true)
tradingOnNov (true)
tradingOnDec (true)
Sürüm 1.8 2018.01.25
Changed the logic for opening (distance between prize and bar limit is less than difference between open and close)
Sürüm 1.7 2018.01.17
Changed the logic for closure and added parameter isTrending
Sürüm 1.6 2017.12.25
Changed the logic
Added parameter spikeFilterMaxDelta
Sürüm 1.3 2017.11.22
Added parameters to be used in case of 5-digit broker (divide by 10 for 4-digit broker):
spikeFilter,takeProfit,stopLoss,firstTrailStop,trailStop,allowedSpread,slippage.
Is suggested change only first parameter spikeFilter according specific trading market (see signal description for info) leaving the default value for all others.
For this version Take Profit fixed to 50 pips and Stop Loss value also fixed and reduced to 20 pips (default value parameters)
Sürüm 1.2 2017.11.03
modified trail profit behavior
no more opened pending order
reduced Stop Loss size
removed parameters spikeFilter, trailStop, overSpike, allowedSpread
Sürüm 1.1 2017.10.18
Modified trail profit mechanism: orders are closed only when price will reach Take Profit or Stop Loss level