SP2L Poursamadi strategy indicator download in MetaTrader 5 - [TFlab]

The SP2L Poursamadi strategy indicator is a specialized trading strategy in MetaTrader 5, designed based on the concepts of peak movements and AB=CD 2-leg patterns, providing accurate buy and sell signals.

This indicator is designed for price action traders, scalpers and fast scalpers to provide precise entry points on the 1 minute and 5 minute time frames, allowing them to make fast and profitable trades efficiently.

Key features include automatic calculation of entry, stop loss and take profit levels on the chart, sending alerts when signals are generated and display of trading positions - all of which increase the accuracy and speed of analysis.

Using the SP2L strategy, traders can identify strong market movements and make fast, precise trades in the Forex and cryptocurrency markets with professional risk management.

SP2L Poursamadi strategy indicator table

Information related to the SP2L Poursamadi strategy indicators is provided below:

SP2L Poursamadi strategy indicators at a glance

The SP2L Poursamadi strategy indicator was developed based on two main concepts: spike candles and AB=CD pattern .

It first identifies the peak candle and upon verification determines the entry point based on the breakout of the peak candle. The initial wave is defined as point A, and the stop loss (SL) is set at this point.

The distance between the entry point and the SL is used to calculate the Take Profit (TP), and the indicator automatically applies a 1:1 risk to reward ratio.

Spike Candle Definition

A spike pattern consists of three candlesticks arranged in a structure:

• This pattern consists of three aligned candles;
• The candle in the middle indicates an imbalance, often accompanied by wild swings;
• A gap forms between the first and third candles, indicating strong buying or selling pressure;
• It usually occurs after the integration phase.

Verification conditions for spike candles:

• Spike candles must exceed the spike size set in the indicator panel;
• The candle body must be at least 65% of its total size to be valid.

Once a valid peak is identified, the indicator treats it as an AB wave. The entry point for the price retracement and breakout spike candle has been identified.

Traders can then take advantage of the continuation of the market movement and target the CD wave as a profit target.

Therefore, the SP2L indicator automatically defines entry and exit conditions based on the AB=CD structure and identifies high-quality trading opportunities.

This tool is designed for short-term time frames (M1 and M5) and is very effective for scalping trading.

How to receive a license code

To run the SP2L Poursamadi strategy indicator and receive a license code, simply contact the support team.

Requests can be sent via the website's online chat or through messaging apps such as WhatsApp and Telegram to obtain a license code.

Enter license code

After loading the SP2L Poursamadi strategy indicator, the main panel will automatically appear.

In this panel, the " Your License Offers" field is provided, in which the trader must enter the received license code exactly, without extra spaces, before executing the indicator.

SP2L Poursamadi Strategy Indicator Uptrend

Use the SP2L Poursamadi strategy indicator to identify valid buy signals on the 5-minute XAU/USD chart.

The tool automatically calculates all trading components, including entry, stop loss and take profit, and displays them on the chart.

First, form the upward spike legs. After the price retraces and breaks out of the last peak candle, the entry condition is confirmed and a buy signal is issued.

SL is at the lowest point of the spike leg (A wave), while TP is set to a 1:1 risk to reward ratio.

This allows price action traders to identify lower-risk entry points and benefit from corrective moves within the AB=CD structure.

SP2L Poursamadi strategy indicators are trending downward

On the 1-minute EUR/USD chart, a bearish spike has formed, with a breakout of the last candle generating a sell signal.

The SP2L Poursamadi strategy indicator detects such sharp moves and provides suitable selling entry points based on the AB=CD structure.

A useful feature of this tool is its information panel, which displays:

• The remaining time until the close of the current candle;
• The total number of signals (buy and sell) detected on the chart;
• Counting of buying and selling opportunities;
• Peak size value in points/points.

Traders can move the peak size value with the current candle . If the candle movement (in points) exceeds the defined peak size, the indicator validates it as a peak and generates a corresponding trading signal.

Therefore, by looking at the panel and comparing the peak size to the price movement, traders can quickly filter for reliable peaks and use selling opportunities based on AB=CD.

SP2L Poursamadi Strategy Indicator Settings

The settings for the SP2L Poursamadi strategy indicator are provided below:

License Setting

• Your Key: Enter license code

Alert Setting

• send alert: Enable/disable alerts when generating signals;
• send notification: Enable/disable push notifications when generating signals;
• send email: Enable/disable email alerts when a signal is generated.

Indicator Setting

• Peak Moving Average Candles: Defines the number of candles used to calculate the average moving average for spike detection;
• Peak size based on average distribution: Defines the percentage used to detect peaks in selected candles.

Conclusion

The SP2L Poursamadi strategy indicator is a specialized scalping tool for the M1 and M5 time frames, suitable for professional forex and cryptocurrency traders.

By running this indicator on a chart, traders can automatically identify entry points, stop loss levels and target prices with a risk to reward ratio of 1:1.

It is based on spike legs and AB=CD patterns, providing high winning rate trade setups and professional risk management.