Kaza Spike Detector 3
Kaza Spike Detector 3 is an indicator for MetaTrader 5 from the Old Kings collection. Its source code uses ATR. It draws arrows on the chart. It has 6 settings, for example period (default 10), m (default 5) and n (default 300). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v1.0 · Free
About Kaza Spike Detector 3
Kaza Spike Detector 3 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: FREE TRADING SYSTEMS AND INDICATORS.url, 4 ma Candles.ex5, Damjan.ex5, Damjan.mq5, Moving Mini Max.ex5, Moving Mini Max.mq5, Spike Detector.ex5, supertrend (2).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: Buy/Sell Arrows · ATR · MT5 Indicator · MQL5 Source Code