Spike Detector (Indicators MT5)
Spike Detector (Indicators MT5) — a MetaTrader 5 indicator kept in the Old Kings collection. Its source code uses the Stochastic oscillator. It has 13 settings, for example bars IN (default 145), SP (default i2) and N Shift1 (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 indicator files with source code (.mq5) you can open and edit in MetaEditor and a PDF guide. 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 Spike Detector (Indicators MT5)
Spike Detector (Indicators MT5) is an indicator for MetaTrader 5 based on Stochastic. It has 13 settings, such as Bars in, SP and N shift1. MQL source code included.
Files in the download: plombiers.ex5, plombiers.mq5, Shved supply and demand.ex5, How to Install Indicators in MetaTrader 4 (A_Step_By_Step_Guide) .pdf, Spike Detector (instructions) .pdf, CMI catador de espinho .pdf, Como Instalar indicatores no MetaTrader 4 .pdf, CMI Spike Catcher (instrucciones).pdf ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Bars in | 145 | data length |
| SP | i2 | curve's order |
| N shift1 | 0 | shift back into the history |
| Forecast | 0 | length of channel into the "future" |
| Kstd | 2.1415 | standart deviation factor |
| Oscilator | true | Is oscillator on the display? |
| N buff | 1 | displayed oscillator's buffer |
| Ka | 21 | Line calculation period %K. |
| La | 7 | Averaging period %D |
| Za | 1 | Deceleration |
| Oe | MODE_SMA | Averaging method |
| Me | STO_CLOSECLOSE | Stochastic's price value |
| Di gf | -99 | Number of decimal points.-99 Digits |
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: Stochastic · MT5 Indicator · MQL5 Source Code