THV Volume Spike MT5: Real-time Volume Alerts for Timely Breakout Signals and Performance

This THV Volume Spike MT5 review in 2025 examines the indicator’s core design and quantifies performance in different market regimes as part of a structured analysis. The review highlights how THV Volume Spike MT5 flags candles where current tick volume exceeds a moving average by a chosen percentage, producing alerts intended to catch breakouts, stop-hunts, or heavy participation moments. In this review and analysis we measured signal density, mean time between signals, and average run following a spike to assess performance objectively. What makes THV Volume Spike MT5 unique is its emphasis on simplicity and responsiveness. The indicator does not attempt to predict direction; instead it isolates unusual activity and leaves direction and execution to the trader or an external EA. The algorithm computes average tick volume over N bars and compares that baseline to the current bar, with adjustable sensitivity and noise filters. THV Volume Spike MT5 works best in trending or high-liquidity sessions where volume spikes correlate with directional moves, and it is less reliable in low-liquidity, thin markets. The developer, Trong Khanh Phan, designed the tool for MT5 with efficient resource use and clear alerting. Risk management is user-driven: the indicator includes no automatic money management but pairs well with fixed-percent position sizing, volatility-based stops, and simple confirmation rules. Expected performance characteristics include a moderate signal frequency and higher precision on M15 to H1 timeframes when paired with trend confirmation.