Spike Snatcher Royalty EA
An anti-spike scalping robot built for GainX and PainX synthetic indices — catches the spike or buys the dip automatically, with no martingale and no manual chart-watching required.
Download Spike Snatcher Royalty See how it worksWhat Spike Snatcher Royalty does
Spike Snatcher Royalty runs a HalfTrend and RadarSignal-based logic to detect sudden price spikes on GainX/PainX indices, entering trades in the direction the algorithm expects the market to correct. Because these indices move in a single direction by design — GainX only moves up, PainX only moves down — the EA is built specifically around that behavior rather than a generic strategy copied from forex.
It runs fully automated on MT5 once attached to a chart, with a clean on-chart dashboard showing account information, index detection, and live trading statistics.
Key features
Built for GainX/PainX
Logic is tuned specifically to how these synthetic indices behave — not a repurposed forex strategy.
No martingale
Fixed position sizing — no doubling down on losing trades, so drawdown stays predictable.
Live on-chart dashboard
See account info, detected index type, and running trade statistics directly on your chart.
Weltrade exclusive
Licensed to accounts registered under our Weltrade IB link — free once you’re set up.
How it works
Spike Snatcher Royalty watches for sudden directional spikes on your chosen GainX or PainX index. When a spike is detected, RadarSignal calculates a target level and the EA places a trade to “catch” the anticipated move back toward that level — buying dips on GainX, selling rallies on PainX. Position size and exit levels are fixed per trade, keeping risk consistent trade to trade.
Installation guide
Open a Weltrade MT5 account
Register through our Weltrade link if you don’t already have an account — this is required for the EA to authorize.
Download the EA file
Use the download button above to get the Spike Snatcher Royalty .ex5 file.
Copy it into your MT5 Experts folder
In MT5: File → Open Data Folder → MQL5 → Experts, then paste the file in and restart MT5.
Attach it to a GainX or PainX chart
Drag the EA onto your chosen index chart, enable AutoTrading, and confirm the dashboard appears.
FAQ
Do I need a paid subscription?
No — it’s free for accounts registered under our Weltrade IB link.
Which indices does it work on?
GainX and PainX synthetic indices specifically — it’s not designed for standard Volatility or Boom/Crash indices.
Does it use martingale or grid trading?
No. Position sizing is fixed per trade, with no doubling down on losses.
Can I run it on multiple accounts?
Licensing is tied to authorized Weltrade account numbers. Reach out via WhatsApp or Telegram if you need an additional account added.
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