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Golden Spikes Detector is an MT5 indicator built for spike trading on Boom and Crash synthetic indices. It draws entry arrows, take profit and stop loss lines, and sends alerts to desktop, phone and email.
Get one message the moment it launches, with its price.
Golden Spikes Detector is a MetaTrader 5 indicator made for traders who look for spikes on the Boom and Crash synthetic indices. It marks possible entries with arrows, suggests take profit and stop loss levels, and can notify you through several channels.
The indicator reads price action on the chart and checks several timeframes in the background. When its conditions are met, it prints an arrow on the candle. An up arrow appears on Boom charts as a buy prompt, and a down arrow appears on Crash charts as a sell prompt. The author describes the arrows as non-repainting, meaning they should stay on the chart once drawn. You should confirm this yourself by watching the indicator live on a demo account.
Each signal comes with two take profit estimates and a stop loss estimate. They are drawn as horizontal lines so you can see them at a glance. Treat them as starting points rather than fixed targets. The author suggests adjusting them with nearby support and resistance zones, which is a sensible way to fit them to the current market.
For spike trading, the strategy focuses on buys on Boom charts and sells on Crash charts. Signals in the opposite direction are not the main use case, so decide beforehand how you will handle them.
Open a separate M5 chart for each symbol you want to follow and attach the indicator to each one. Your broker must offer these symbols in MetaTrader 5.
| Channel | What to check |
|---|---|
| Pop-up and sound | Terminal must be open, and sound enabled on your computer |
| Mobile push | Enter your MetaQuotes ID in Tools, Options, Notifications |
| Configure the email tab in terminal options |
The interface supports English, French, Spanish, Portuguese and Malay. Since alerts only work while the terminal is running, a VPS is a common choice for traders who want continuous notifications.
Open the inputs tab after attaching the indicator to see the available options. Check there for alert toggles, language choice and how lines and arrows are displayed. We do not list specific values here, because they may differ from one release to another. Begin with the defaults and change one setting at a time on a demo account.
Spike instruments can move sharply and trigger stop losses quickly. Use position sizes you can afford to lose and always place a stop loss. Do not rely on any indicator alone.
Trading carries risk, and leveraged products can lead to losses greater than expected. Past results do not predict future ones. Test any indicator on a demo account before using real money.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (no automatic trading) |
| Markets | Boom 300, 500, 1000 and Crash 300, 500, 1000 |
| Recommended timeframe | M5, with higher timeframes analysed in the background |
| Trade style | Spike trading with signal alerts |
| Alerts | Pop-up, sound, mobile push notification, email |
| Languages | English, French, Spanish, Portuguese, Malay |
| Requirements | Broker offering Boom and Crash symbols; VPS optional |
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No. It is an indicator, so it only draws arrows and price lines and sends alerts. You decide whether to open a trade, and you place and manage it yourself.
It is designed for the Boom and Crash synthetic indices, such as Boom 1000 or Crash 500, which are offered by brokers like Deriv. Check that your broker provides these symbols in MetaTrader 5 before you buy. It is not designed for forex pairs or stocks.
This version is for MetaTrader 5. It will not load in MetaTrader 4, so make sure your broker account runs on MT5.
The tool was tuned for the 5-minute chart. It also looks at other timeframes internally, so you do not need to open extra charts. Using other timeframes may change how the signals behave, so test them on a demo account first.
Push notifications are sent through MetaTrader, so the terminal must be running. For round-the-clock alerts, many users run the platform on a VPS. You also need to enter your MetaQuotes ID in the terminal options.
No. Signals are only a prompt to look at the chart and can be wrong. Trading carries risk, and past results do not predict future ones. Test on a demo account first.
Golden Spikes Detector
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