Recruitment of participants Sniper Ultimate EA v52 MT4 Build 1420+

Discussion in 'Expert advisors, trading robots, MT4 experts' started by Dron, 17 June 2024.

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  1. Dron

    Dron Well-Known Member
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    #1 Dron, 17 June 2024
    Last edited: 17 June 2024
    Sniper Ultimate EA v52 MT4
    Build 1420+

    1.jpg

    The Sniper Ultimate EA V52 MT4 is a trading robot designed for MT4.
    It operates during the London session and follows a non-indicator trading strategy based on the price movement of a currency pair throughout the day, the previous day, and the entire previous week. Key features include partial closing of trading lots and a spread filter.
    The recommended timeframes are M5 and M15.

    Strategy

    The Sniper Ultimate EA V52 MT4 employs the following strategy:

    Moving Averages (MA): The EA uses a combination of short-term and long-term moving averages to identify trend direction. When the short-term MA crosses above the long-term MA, it generates a buy signal. Conversely, when the short-term MA crosses below the long-term MA, it triggers a sell signal.
    RSI (Relative Strength Index): The RSI helps gauge overbought or oversold conditions. The EA enters trades when the RSI confirms the prevailing trend.
    Fibonacci Levels: The EA considers key Fibonacci retracement levels for potential entry points. It aims to buy near support levels and sell near resistance levels.
    Candlestick Patterns: The EA scans candlestick patterns (such as engulfing patterns or doji) to validate entry signals.

    2.jpg

    NoDLL/Unlimited