Mega Spikes Max

Advanced Spike Detection Indicator

Description

MEGA SPIKES MAX is a sophisticated technical analysis indicator designed specifically for Boom and Crash synthetic indices. This indicator employs a multi-timeframe approach to identify potential market turning points.

Key Features:

Signal Generation:

• Buy signals for Boom indices
• Sell signals for Crash indices
• Non-repainting system ensures signals remain fixed once generated

Target Levels:

• Automatically calculates two take-profit levels
• Dynamic adaptation to current market volatility
• Visual price level markers on chart

Alert System:

• Email notifications
• Mobile push notifications
• Sound and popup alerts

Visual Features:

• Clear arrow indicators for entry signals
• Optional target lines display
• Clean, professional chart appearance
• Customizable colors and text display

Money Management Assistant:

• Calculates potential returns for three different lot sizes
• Displays dollar amounts for each take-profit level
• Helps traders assess risk-reward ratios

Technical Specifications:

• Compatibility: Boom 500/600/900, Crash 500/600/900/1000 indices
• Recommended Timeframe: M5 (5-minute chart)
• Platform: MetaTrader 5

How It Works:

The indicator monitors specific market conditions using a proprietary algorithm that combines multiple timeframe analysis. When predetermined criteria are met, a signal is generated with corresponding take-profit levels.

Important Notes:

• This indicator is a technical analysis tool only
• Past performance does not guarantee future results
• Always use proper risk management
• Test thoroughly on demo accounts before live trading
• Signals are based on mathematical calculations

Risk Disclosure:

Trading synthetic indices involves substantial risk and is not suitable for all investors. This indicator is a tool for technical analysis and does not guarantee profitable trades. Users should understand the risks involved and trade responsibly within their means.