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Spike Trader is a long-term price action expert advisor that fares well on the daily timeframe of USD/CAD.

Home Page: https://www.earnforex.com/metatrader-expert-advisors/Spike-Trader/

License: GNU General Public License v3.0

MQL4 55.71% MQL5 44.29%

spike-trader's Introduction

Spike Trader

Warning! This expert advisor can lose all your money! Test it on demo! Apply on live account at your own risk only!

Spike Trader is a custom MT4/MT5 expert advisor coded by EarnForex.com. It is based on the strategy that was first proposed in the May 2012 issue of the now-defunct Currency Trader magazine. The main idea of its strategy is to detect spikes and trade in the opposite direction.

The EA showed some interesting long-term profit on USD/CAD @ D1 backtests.

Spike Trader example trades on the daily chart in MetaTrader 5 Stratregy Tester

More information about this custom MetaTrader expert advisor is available here: https://www.earnforex.com/metatrader-expert-advisors/Spike-Trader/

Any contributions to the code are welcome!

spike-trader's People

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