Profitable Spike Finder Pro MT5 Original

What is Profitable Spike Finder Pro MT5?

Profitable Spike Finder Pro indicator is a powerful and customizable tool built to spot price spikes with accuracy. It uses an ultra-sensitive 2-period RSI and a 15-period LWMA to quickly detect overbought or oversold conditions, giving traders clear signals with minimal false alerts.

Version: New Version
The Right Platform: Meta Trader 5 (MT5)
Our Telegram Team: Join now
Our Youtube Channel: Click here

Key Features

🔹Ultra-sensitive detection: Uses a short-period RSI to quickly spot sudden price spikes.
🔹Extreme filtering: Applies strict Overbought/Oversold levels to cut false signals and catch real reversals.
🔹Fast-moving average: Incorporates LWMA to track recent price action and react quickly to spikes.
🔹Noise reduction: Filters out market noise to deliver cleaner, more accurate spike signals.

Profitable Spike Finder Pro MT5 Review

Profitable Spike Finder Pro helps traders catch high-probability reversals in the forex market. Whether you’re scalping short-term moves or targeting daily highs and lows, this indicator gives you a clear edge—especially when paired with disciplined trading.

Profitable Spike Finder Pro MT5 Setting

1. Input Parameters (Inputs)

• RSI_Period (Default: 2)
  Defines the RSI calculation period. A shorter period makes the indicator more sensitive to sudden price spikes.
  → Recommended: keep it at 2 for high sensitivity.

• PriceMode (Default: Close price)
  Selects which price is used for RSI calculation:

  • Close price: uses the closing price of each candle.

  • (Other options may include Open, High, Low depending on your MT4/MT5 platform).

• NumberofAlerts (Default: 2)
  Sets how many alerts you will receive when a spike signal is triggered.

• OB (Default: 95)
  “Overbought” RSI level. When RSI goes above this value, the indicator detects an overbought spike and signals a possible reversal.

• OS (Default: 5)
  “Oversold” RSI level. When RSI drops below this value, the indicator detects an oversold spike and signals a possible upward reversal.

2. How It Works

The Sam_Spike indicator uses an ultra-short RSI period with extreme overbought/oversold thresholds to detect sudden price spikes.

• If RSI > OB → Market may be overbought → Potential short (sell) setup.

• If RSI < OS → Market may be oversold → Potential long (buy) setup.

3. Tips for Usage

• Best used in volatile markets where sudden spikes are common.

• Combine with support/resistance zones or trend confirmation tools for higher accuracy.

• Avoid trading solely on alerts; always confirm signals with your strategy.

In the Downloads folder, there are:

✅ VQ_Zero_Line _NMC_v1.2.ex5
✅ Sam_Spike_v1.0.ex5
✅ Candle_Timer_v2.0.ex5
✅ Minions_Symbol_Background_v1.0.ex5

>>> Reviewed by Micheal Elliot

Conclusion

Profitable Spike Finder Pro is a sharp and reliable indicator built to help traders spot high-probability reversals in volatile markets. Using a fast 2-period RSI, strict overbought/oversold filters, and a responsive LWMA, it pinpoints sudden price spikes with accuracy while keeping false signals to a minimum.