Stargogs Ghost Spike Robot EA V1.0 MT5

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Overview

The Stargogs Ghost Spike Robot EA V1.0 MT5 is an advanced trading robot (Expert Advisor) designed for MetaTrader 5. It offers a unique strategy to capitalize on market spikes, particularly in the Boom and Crash indices. Here are the key points:

1. Purpose: To profit from price spikes in volatile markets.
2. Compatibility: Works on MetaTrader 5.
3. Target Markets: Boom and Crash indices, currency pairs, metals, and stocks.

Key Features

• Spike Catching: The EA identifies sudden price movements (spikes) and executes trades accordingly.
• Customizable Settings: Adjustable parameters for indicators and money management.
• Scalping Option: Can scalp candlesticks/bars during spikes (configurable).
• Trend-Based: Utilizes trend analysis and oscillators for decision-making.
• Win Rate: Achieves an impressive accuracy of up to 97%.

Strategy

The core strategy of the Stargogs Ghost Spike Robot EA V1.0 MT5 revolves around catching spikes in the Boom and Crash indices. Here’s how it operates:

1. Boom and Crash Indices: The EA monitors both Boom (300, 500, 1000) and Crash (300, 500, 1000) indices.
2. Trend Identification: It identifies trends using oscillators, moving averages, and other indicators.
3. Precise Entry and Exit: The EA enters trades during favorable spikes and exits promptly.
4. Risk Management: Adjustable settings for stop loss (SL) and take profit (TP).
5. Auto Close Trades: Automatically closes trades when the trend changes.
6. Currency Pairs: Works on all currency pairs, including major and minor ones.
7. Timeframe: Recommended timeframe is M1 (1-minute) for optimal results.
8. Minimum Deposit: The minimum deposit required is $100.
9. Preferred Market: Works best on Crash 500.
10. Daily Profit: Depending on market conditions, it can yield a daily profit of $20 – $30.