SP2L Poursamadi Strategy Indicator in MetaTrader 4 Download - [TFlab]

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SP2L Poursamadi Strategy Indicator for MetaTrader 4​

The SP2L Poursamadi Strategy Indicator MT4 is an advanced trading system designed for the MetaTrader 4 platform, built around two core concepts: Spike price movements and the 2-Leg (AB=CD) market structure. This indicator is specifically developed for short-term trading environments, offering precise entries, exits, and automated risk management.
It is highly effective for price action traders, fast scalpers, and scalping strategies, particularly on 1-minute (M1) and 5-minute (M5) timeframes. Once applied to the chart, the indicator automatically generates trading signals and calculates entry levels, stop loss, and take profit zones directly on the trading interface.


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SP2L Poursamadi Strategy Indicator Overview​

Category
Details
Indicator Categories
Price Action MT4 Indicators, Signal & Forecast MT4 Indicators, Trading Assist MT4 Indicators
Platform Compatibility
MetaTrader 4
Trading Skill Level
Intermediate
Indicator Types
Breakout Indicators, Entry & Exit Indicators, Trend Indicators
Timeframe
M1 – M5 (Scalping Timeframes)
Trading Style
Day Trading, Fast Scalping, Scalping
Supported Markets
Forex, Cryptocurrency, Indices
Download indicator

Core Strategy Concept​

The SP2L indicator is based on the interaction between Spike Candles and the AB=CD harmonic structure.
  • A spike candle represents a sudden and aggressive market movement indicating strong buying or selling pressure.
  • The AB=CD pattern is used to project market continuation and define potential profit targets.
The indicator first identifies a spike move as wave A–B, then waits for a retracement and breakout confirmation to define the entry point. The projected move afterward represents wave C–D, which is used to calculate the profit target.

Spike Candle Definition and Validation​

A spike candle is identified using a structured three-candle formation:
  • The middle candle shows a strong directional imbalance with a sharp price movement
  • A noticeable gap forms between surrounding candles, signaling high momentum
  • This typically occurs after a period of consolidation
For a spike to be considered valid:
  • The candle movement must exceed the predefined Spike Size parameter
  • The candle body must represent at least 65% of the total candle range
Once confirmed, the spike is classified as a valid impulsive leg (AB structure).

Trade Execution Logic​

After detecting a valid spike:
  • The indicator defines the spike as wave A–B
  • A trade entry is triggered when price retraces and breaks the spike candle boundary
  • The stop loss (SL) is placed at the origin of wave A or the extreme of the spike
  • The take profit (TP) is automatically calculated using a 1:1 risk-to-reward ratio, projecting the AB=CD completion
This mechanism ensures structured and disciplined trade execution based on price symmetry.

Signal Generation Logic​

  • Buy Signal: Generated after a bullish spike followed by a valid retracement and breakout
  • Sell Signal: Generated after a bearish spike followed by breakdown confirmation
Each signal is displayed directly on the chart along with predefined SL and TP levels, allowing traders to execute trades without manual calculations.

Trading Dashboard (Information Panel)​

The indicator includes a real-time performance dashboard that displays key market metrics:
  • Candle Countdown: Time remaining until the current candle closes
  • Spike Detection Count: Total number of detected spike movements
  • Buy Signals: Number of generated buy opportunities
  • Sell Signals: Number of generated sell opportunities
  • Spike Strength Value: Real-time measurement of spike intensity
This dashboard allows traders to validate market conditions and confirm signal reliability.

Market Conditions and Strategy Usage​

Bullish Scenario
  • A strong upward spike forms the initial AB leg
  • Price retraces and breaks the spike high/low structure
  • A buy signal is triggered with defined SL and TP levels
  • The projected CD leg represents the profit target zone
Bearish Scenario
  • A strong downward spike forms the AB leg
  • Price retraces and breaks the spike structure
  • A sell signal is generated with automated risk parameters
  • The CD leg projection defines the expected continuation move

License Activation Process​

To activate the indicator, users must obtain a valid license key through official support channels, including website support chat or messaging platforms such as Telegram or WhatsApp.

Entering the License Key​

After loading the indicator:
  • Open the main indicator panel on the chart
  • Locate the field labeled “Your License”
  • Enter the received license code exactly as provided (without spaces or modifications)
  • The indicator will activate automatically

Indicator Settings​

License Configuration
  • Your Key: Used for activation and authentication
Alert Settings
  • Enable/Disable alert notifications
  • Enable/Disable push notifications
  • Enable/Disable email alerts
Calculation Parameters
  • Candles for Spike Detection: Number of candles used in average movement analysis
  • Spike Size Threshold: Percentage-based filter for validating spike strength

Conclusion​

The SP2L Poursamadi Strategy Indicator is a highly specialized scalping system designed for precision-based trading in fast-moving markets. By combining spike detection with the AB=CD price structure, it provides a systematic approach to identifying high-probability setups.
With fully automated signal generation, built-in risk management, and a real-time analytics panel, this indicator offers traders a complete framework for executing disciplined and efficient short-term trades across Forex, cryptocurrency, and index markets.


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