SP2L Poursamadi Strategy Indicator in MetaTrader 5 Download - [TFlab]

The SP2L Poursamadi Strategy Indicator is a specialized trading strategy in MetaTrader 5, designed based on the concepts of spike moves and the AB=CD 2-leg pattern, providing accurate buy and sell signals.

This indicator is tailored for price action traders, scalpers, and fast scalpers, offering precise entry points in 1-minute and 5-minute timeframes, making it highly efficient for fast and profitable trading.

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

Using the SP2L Strategy, traders can identify strong market moves and perform quick, precise trades in forex and crypto markets with professional risk management.

SP2L Poursamadi Strategy Indicator Table

Below, the information related to the SP2L Poursamadi Strategy Indicator is provided:

SP2L Poursamadi Strategy Indicator at a Glance

The SP2L Poursamadi Strategy Indicator is developed based on two main concepts: spike candles and the AB=CD pattern.

It first identifies spike candles and, once validated, determines the entry point based on the breakout of the spike candle.

The initial wave is defined as point A, with stop loss (SL) set at that point.

The distance between the entry and SL is used to calculate take profit (TP), with the indicator automatically applying a 1:1 risk-to-reward ratio.

Definition of a Spike Candle

The spike pattern consists of a three-candle aligned structure:

• The pattern consists of three aligned candles;
• The middle candle indicates imbalance, usually accompanied by a sharp move;
• A gap forms between the first and third candles, signaling strong buying or selling pressure;
• It typically appears after a consolidation phase.

Validation conditions for a spike candle:

• The spike candle 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 spike is identified, the indicator considers it as wave AB. After price retracement and a breakout of the spike candle, the entry point is determined.

Traders can then capitalize on the continuation of market movement, using wave CD as the profit target.

Thus, the SP2L Indicator automatically defines entry and exit conditions based on the AB=CD structure, identifying high-quality trading opportunities.

This tool is exclusively designed for short-term timeframes (M1 and M5), making it highly effective for scalping.

How to Receive the License Code

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

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

Entering the License Code

After loading the SP2L Poursamadi Strategy Indicator, the main panel is displayed automatically.

In this panel, the "Your License" field is provided, where traders must enter the license code exactly as received, without extra spaces, before executing the indicator.

Uptrend in the SP2L Poursamadi Strategy Indicator

On the 5-minute XAU/USD chart, a valid buy signal is identified using the SP2L Poursamadi Strategy Indicator.

This tool automatically calculates all trade components, including entry, SL, and TP, and displays them on the chart.

First, an upward spike leg forms. After price retracement and a breakout of the last spike candle, entry conditions are confirmed, and a buy signal is issued.

SL is placed at the lowest point of the spike leg (wave A), while TP is set with 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.

Downtrend in the SP2L Poursamadi Strategy Indicator

On the 1-minute EUR/USD chart, a bearish spike forms, and a breakout of its last candle generates a sell signal.

The SP2L Poursamadi Strategy Indicator detects such sharp moves and, based on the AB=CD structure, provides suitable sell entry points.

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

• Remaining time until the current candle closes;
• Total number of signals (buy and sell) detected on the chart;
• Count of buy and sell opportunities;
• Spike size value (in points/pips).

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

Thus, by reviewing the panel and comparing spike size with price movement, traders can quickly filter reliable spikes and use AB=CD-based opportunities for selling.

SP2L Poursamadi Strategy Indicator Settings

Below, the settings of the SP2L Poursamadi Strategy Indicator are provided:

License Setting

• Your Key: Enter license code

Alert Setting

• send alert: Enable/disable alerts when signals are generated;
• send notification: Enable/disable push notifications when signals are generated;
• send email: Enable/disable email alerts when signals are generated.

Indicator Setting

• Candle for spike moving average: Define the number of candles used to calculate average movement for spike detection;
• spike size based on average distribution: Define the percentage used to detect spikes among selected candles.

Conclusion

The SP2L Poursamadi Strategy Indicator is a specialized scalping tool for M1 and M5 timeframes, suitable for professional forex and crypto traders.

By running this indicator on the chart, traders can automatically identify entry points, SL levels, and TP with a 1:1 risk-to-reward ratio.

It is based on spike legs and the AB=CD pattern, providing high win-rate trading setups with professional risk management.