EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT4 · MT5
Spike Trader
Spike Trader is a price action robot for MetaTrader 4 and 5 that identifies price spikes to trade market reversals.
GitHub stars29
Forks11
Last update1 year ago8 Aug 2025
LicenceApache-2.0
Latest release1.014 years ago
Overview
Spike Trader monitors candle highs or lows relative to preceding bars and requires a specific percentage price jump and candle close position to trigger an entry. The EA enters trades in the opposite direction of the spike and manages exits based on a fixed holding time measured in bars. It uses fixed lot sizing and does not include standard stop loss or take profit parameters in its primary configuration.
- Mean-reversion strategy based on price spikes
- Time-based exit mechanism
- Customizable candle comparison parameters
- Multi-platform support for MT4 and MT5
Details
Author
EarnForex on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Mean reversion
Markets
Forex
Timeframes
H4 and above
Risk profile
- Trades without a fixed stop loss
EA files
Topics
backtestchartexpert-advisorforexforex-robotforex-tradingmetatradermetatrader-4metatrader-5mql4
Input parameters
Read from SpikeTrader.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Hold | int | 11 | Hold: Position holding time in bars. |
BarsNumber | int | 3 | BarsNumber: N preceding bars to check. |
PercentageDifference | double | 0.003 | PercentageDifference1: X percentage for bar comparison. |
ThirdOrHalf | double | 0.5 | ThirdOrHalf: Top/bottom share of a bar to close in. |
Lots | double | 0.1 | |
Slippage | int | 30 | |
OrderCommentary | string | Spike Trader | |
Magic | int | 173923183 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone EarnForex/Spike-Trader from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 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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