Trading robot · MT5

Spike Can Can Drop

by ahmadihossein642-arch

Spike Can Can Drop is a MetaTrader 5 expert advisor designed to detect price action spike patterns, specifically the Can Can pattern.

GitHub stars1
Forks0
Last update5 weeks ago17 Aug 2026
LicenceNone stated

Overview

Spike Can Can Drop uses an Average True Range multiplier to confirm volatility surges relative to a defined lookback period on higher timeframe structures. The utility features an on-screen dashboard monitoring ATR across seven timeframes and allows for time-restricted trading sessions. While it includes trade execution libraries, the current configuration focuses on detection and visualization. Explicit risk management settings like stop loss are not visible in the provided inputs, and the repository lacks a detailed README.

Details

Author

ahmadihossein642-arch on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action

Markets

Any symbol

Timeframes

M15-H1, H4 and above

Risk profile

  • Trades without a fixed stop loss

Input parameters

Read from Spike-can-can-drop.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpSpikeHTFENUM_TIMEFRAMESPERIOD_H1تای?
InpSpikeLookbackint20حداکثر تعداد کندل بررسی برای ?
InpSpikeATRMultdouble3.0حداقل ضریب ATR برای تایید قطعی اسپایک
InpSessionStartstring08:00ساعت شروع سشن (به وقت سرور)
InpSessionEndstring20:00ساعت پایان سشن (به وقت سرور)
InpShowGraphicsbooltrueن?
InpDashColorPrimarycolorclrWhiteرنگ اصلی ?
InpDashColorATRcolorclrDodgerBlueرنگ جدول ATR

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ahmadihossein642-arch/Spike-can-can-drop from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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