Boom Crash MT5 Spikes Scalper V1
This Old Kings indicator for MetaTrader 5 is called Boom Crash MT5 Spikes Scalper V1. Judging by its name, it is built around short scalping trades. The file name marks it as version 1. In the code it works with ATR. It draws arrows on the chart. It has 6 settings, for example period (default 10), m (default 5) and n (default 300). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 indicator files with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1 · Free
About Boom Crash MT5 Spikes Scalper V1
Boom Crash MT5 Spikes Scalper V1 is an indicator for MetaTrader 5 based on ATR. It draws buy and sell arrows on the chart. It has 6 settings, such as Period, M and N. MQL source code included.
Files in the download: Boom-Crash MT5 Spikes Scalper v1\Cazando el Spike Boom y su tendencia.png, Boom-Crash MT5 Spikes Scalper v1\Cazando el Spike Crash y su tendencia.png, Boom-Crash MT5 Spikes Scalper v1\Indicadores\4 ma Candles.ex5, Boom-Crash MT5 Spikes Scalper v1\Indicadores\Damjan.ex5, Boom-Crash MT5 Spikes Scalper v1\Indicadores\Damjan.mq5, Boom-Crash MT5 Spikes Scalper v1\Indicadores\Moving Mini Max.ex5, Boom-Crash MT5 Spikes Scalper v1\Indicadores\Moving Mini Max.mq5, Boom-Crash MT5 Spikes Scalper v1\Indicadores\Spike Detector.ex5 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 10 | Period or timeframe used by the calculation |
| M | 5 | Smoothing window width |
| N | 300 | Time window width |
| Periode | 10 | Number of bars in the calculation |
| Multiplier | 3 | How much the lot size grows after a loss |
| Show filling | true | Show as DRAW_FILLING |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Scalping · Buy/Sell Arrows · ATR · MT5 Indicator · MQL5 Source Code