Dislikedliviur, you do realize that spike repaints, don't you? I don't think that the heavily repainting indicator like spike can be used for this kind of analysis.
And there is another thing: maybe it is possible to follow different timeframes' spikes like this if you follow only EURUSD, but we're gonna follow a lot of currencies, and you can't do it with even 5-6 currencies.
And, of course, it is Al's system, he's trying to make it as good as possible and as simple as possible, and if Al thinks that we don't need spike - then we really don't need...Ignored
Observation is the path to discovery.