True Spikes delivers precision MT5 spike detection for higher-probability Boom and Crash trades

This True Spikes review in 2026 examines performance and offers a practical analysis of how the indicator behaves in live conditions. True Spikes is presented as a precision trend-spike detection tool for MT5 that isolates explosive vertical moves on Boom and Crash indices and follows the immediate trend with filtered entries. The first two paragraphs of this review include key performance and analysis elements so traders can quickly assess viability. What makes True Spikes unique is its explicit focus on spike initiation and continuation rather than reversal hunting. The algorithm uses a combination of short-term volatility bands, candle-range filters, and multi-timeframe confirmation to reduce noise. True Spikes applies adaptive entry thresholds that scale with measured ATR and session volatility, then places configurable stops and trailing stops to preserve gains. This design favors trending continuations after a spike rather than attempting to predict the exact spike top or bottom. In practical terms, True Spikes works best during active sessions with clear momentum and lower latency brokers. Risk management is emphasized through position sizing, daily limits, and optional session filters for quieter hours. Expected performance characteristics include variable trade frequency depending on index volatility, moderate win rates with low-to-moderate average gains per trade, and occasional concentrated drawdowns in choppy or mean-reverting environments. The review and analysis recommend backtesting on MT5 and forward testing on a small live account before scaling.