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Exp TickSniper FULL

This Expert Advisor catches quick movements of the price of a currency pair and opens positions in the movement direction. 

The functionality is the same with the MetaTrader 4 version. It includes stop loss, take profit and a system of averaging.

Demo version of the system for testing on a real chart: Exp-TickSniper DEMO.

The strategy tester is not suitable for testing this Expert Advisor! Due to some technical reasons it must be checked in real time only.


Main Parameters:

The system is based on the speed of ticks in MetaTrader 4 - MetaTrader 5. The system automatically determines the levels for placing orders, the speed of ticks coming and the distance for additional orders and for trailing the profit.

  • OnlyModify - the function that allows the Expert Advisor to work in the mode of tracking the current position without opening new ones.
  • Timeope - the period in milliseconds that is used for checking the signals of the Expert Advisor. The greater is the value, the more often the signals are generated and the lower quality they have.
  • DistanceTickSpred - the number of spreads the price should go during Timeope time for the Expert Advisor to generate a signal.
  • TakeProfitTickSpred - number of spreads of the currency pair for placing a general Take Profit for all positions.
  • DistanceAverageSpred - number of spreads of the currency pair for placing additional orders relative to the main position.
  • TrailingStopaTickSpred - the number of spreads of the currency pair for trailing the profit. Once the position profit becomes greater than or equal to TrailingStopaTickSpred (in points), the system starts trailing the stop loss. At that, the take profit is zeroized. 
  • LotsMartin - increasing the volume of the next additional deal according to the Martingale principle.


General Parameters:

Fixed lot

Lots (0.01 .........) - setting a fixed lot for all deals.

This parameter sets a volume for all deals. The lot is fixed and applied to all deals. You need to check with your broker the minimum permissible lot for opening a trade.

Dynamic lot

DynamicLot (true - false), LotBalancePcnt (in percentage of the free margin).

These parameters are intended for adjusting the automatic calculation and setting the lot depending on the free margin size. You can find more information in the article Autolot (calculation of lot on the basis of the current balance).

Working time of the Expert Advisor

OpenHour (in hours), OpenMinute (in minutes), CloseHour (in hours), CloseMinute (in minutes).

These parameters are used for adjusting the time range of the Expert Advisor operation. At that, this range affects only opening new positions. The trailing stop and breakeven functions work regardless of the range.

For example, you want the Expert Advisor to trade only from 2 p.m. to 6.35 p.m. Then the parameters will look like:

OpenHour= 14, OpenMinute=0, CloseHour=18, CloseMinute =35.

Deals will be performed from 14:00 to 18:35; all the rest of time the signals of the strategy will be ignored.

Stop Loss of a Deal

StopLoss (0...) in points.

This parameter is a stop loss for each position. It is specified as the number of points lost. Once it is reached, the position is closed by the server. 0 - the parameter is disabled; and the stop loss will be equal to 0.

This parameter should be set to no less than the minimum allowed value on your server. Otherwise, the Expert Advisor will give error 130.


You can also try PRO version!


Peculiarities of Exp TickSniper PRO FULL

  • The PRO version: features constant recalculation of trade parameters. 
  • The PRO version: has additional parameters for operation of the Expert Advisor.
  • The PRO version: features delayed opening of trades after the last closed trade.

Parameters available in the PRO version only:

  • SpreadToNotTrade - maximum spread with which the trade will be performed. If the current spread exceeds this value, the EA will omit signals.
  • PercentDDMAX - maximum drawdown with which the EA will omit signals for new trades.
  • NoNewPosition_below_MarginLevel - minimum level of margin in percentage terms with which the EA will open trades. If the margin is smaller than this value, the EA will omit new signals.
  • SecondsSleepEaAfterClose - number of seconds within which the EA will be sleeping and omitting new signals from the moment of the last trade execution.


FAQ

  1. Before purchasing, please download the demo version and attach it to a demo or real account with USDJPY. Check performance capabilities of the system on your broker's server.
  2. The EA works not on all brokers! It depends on the speed of quotes in the terminal. You can download the demo version.
  3. The EA does not work on accounts with commissions. A commission can eat up the whole profit. Zero spread is prohibited for the system.
  4. The EA is tested on a floating spread. The system can work incorrectly on fixed spread!
  5. The tester has a fixed spread. So, tester and real trading results may differ.
  6. The EA operation is based on spread increase or decrease, as well as quote rate. Therefore, the results may be different at different brokers.
  7. The EA uses averaging and stop loss. Averaging triggers in every 50 spreads from the previous position. Stop loss = 250 spreads.
  8. This is a scalper EA: trades may be closed within the range of 1 - 8 888 888 888 pips.
  9. Recommended deposit: minimum of $100 per 0.01, but we recommend $1,000 per 0.01 lots.
  10. While testing the EA on your broker's server, make sure that your deposit can withstand the average annual symbol price movement.
  11. Re-invest your funds, withdraw your profits in time and manage your money.
  12. Forex is a risky business. Make sure to learn the basics before you start trading.
  13. The EA is fully automated.
  14. A small deposit leads to a huge drawdown.

This Expert Advisor catches quick movements of the price of a currency pair and opens positions in the movement direction. 

The functionality is the same with the MetaTrader 4 version. It includes stop loss, take profit and a system of averaging.

Demo version of the system for testing on a real chart: Exp-TickSniper DEMO.

The strategy tester is not suitable for testing this Expert Advisor! Due to some technical reasons it must be checked in real time only.


Main Parameters:

The system is based on the speed of ticks in MetaTrader 4 - MetaTrader 5. The system automatically determines the levels for placing orders, the speed of ticks coming and the distance for additional orders and for trailing the profit.

  • OnlyModify - the function that allows the Expert Advisor to work in the mode of tracking the current position without opening new ones.
  • Timeope - the period in milliseconds that is used for checking the signals of the Expert Advisor. The greater is the value, the more often the signals are generated and the lower quality they have.
  • DistanceTickSpred - the number of spreads the price should go during Timeope time for the Expert Advisor to generate a signal.
  • TakeProfitTickSpred - number of spreads of the currency pair for placing a general Take Profit for all positions.
  • DistanceAverageSpred - number of spreads of the currency pair for placing additional orders relative to the main position.
  • TrailingStopaTickSpred - the number of spreads of the currency pair for trailing the profit. Once the position profit becomes greater than or equal to TrailingStopaTickSpred (in points), the system starts trailing the stop loss. At that, the take profit is zeroized. 
  • LotsMartin - increasing the volume of the next additional deal according to the Martingale principle.


General Parameters:

Fixed lot

Lots (0.01 .........) - setting a fixed lot for all deals.

This parameter sets a volume for all deals. The lot is fixed and applied to all deals. You need to check with your broker the minimum permissible lot for opening a trade.

Dynamic lot

DynamicLot (true - false), LotBalancePcnt (in percentage of the free margin).

These parameters are intended for adjusting the automatic calculation and setting the lot depending on the free margin size. You can find more information in the article Autolot (calculation of lot on the basis of the current balance).

Working time of the Expert Advisor

OpenHour (in hours), OpenMinute (in minutes), CloseHour (in hours), CloseMinute (in minutes).

These parameters are used for adjusting the time range of the Expert Advisor operation. At that, this range affects only opening new positions. The trailing stop and breakeven functions work regardless of the range.

For example, you want the Expert Advisor to trade only from 2 p.m. to 6.35 p.m. Then the parameters will look like:

OpenHour= 14, OpenMinute=0, CloseHour=18, CloseMinute =35.

Deals will be performed from 14:00 to 18:35; all the rest of time the signals of the strategy will be ignored.

Stop Loss of a Deal

StopLoss (0...) in points.

This parameter is a stop loss for each position. It is specified as the number of points lost. Once it is reached, the position is closed by the server. 0 - the parameter is disabled; and the stop loss will be equal to 0.

This parameter should be set to no less than the minimum allowed value on your server. Otherwise, the Expert Advisor will give error 130.


You can also try PRO version!


Peculiarities of Exp TickSniper PRO FULL

  • The PRO version: features constant recalculation of trade parameters. 
  • The PRO version: has additional parameters for operation of the Expert Advisor.
  • The PRO version: features delayed opening of trades after the last closed trade.

Parameters available in the PRO version only:

  • SpreadToNotTrade - maximum spread with which the trade will be performed. If the current spread exceeds this value, the EA will omit signals.
  • PercentDDMAX - maximum drawdown with which the EA will omit signals for new trades.
  • NoNewPosition_below_MarginLevel - minimum level of margin in percentage terms with which the EA will open trades. If the margin is smaller than this value, the EA will omit new signals.
  • SecondsSleepEaAfterClose - number of seconds within which the EA will be sleeping and omitting new signals from the moment of the last trade execution.


FAQ

  1. Before purchasing, please download the demo version and attach it to a demo or real account with USDJPY. Check performance capabilities of the system on your broker's server.
  2. The EA works not on all brokers! It depends on the speed of quotes in the terminal. You can download the demo version.
  3. The EA does not work on accounts with commissions. A commission can eat up the whole profit. Zero spread is prohibited for the system.
  4. The EA is tested on a floating spread. The system can work incorrectly on fixed spread!
  5. The tester has a fixed spread. So, tester and real trading results may differ.
  6. The EA operation is based on spread increase or decrease, as well as quote rate. Therefore, the results may be different at different brokers.
  7. The EA uses averaging and stop loss. Averaging triggers in every 50 spreads from the previous position. Stop loss = 250 spreads.
  8. This is a scalper EA: trades may be closed within the range of 1 - 8 888 888 888 pips.
  9. Recommended deposit: minimum of $100 per 0.01, but we recommend $1,000 per 0.01 lots.
  10. While testing the EA on your broker's server, make sure that your deposit can withstand the average annual symbol price movement.
  11. Re-invest your funds, withdraw your profits in time and manage your money.
  12. Forex is a risky business. Make sure to learn the basics before you start trading.
  13. The EA is fully automated.
  14. A small deposit leads to a huge drawdown.
Ariel Agnoletto
607
2015.02.27 20:22 
 

Nice Expert, But only use 0,01 lot to U$ 1000,00.

Matthias Schneider
1637
2014.03.10 12:14 
 

I'm using TickSniper for half a year now. Attached with the default settings it works out-of-the-box and generates stable and good profits all over the time. If you are more familiar with the way it works (concept of averaging, ...) you can tune the settings depending on your setup and broker. There are not much scalping EAs I would run unattended while on holiday but TickSniper is a really reliable and robust robot. It's developer could always help me patiently in a very short time with professional answers.

Konstantin V.
78
2013.06.04 15:57 
 

Super Expert. I Like it. Works perfect. First i tried a demo version, after one week i decided to buy full version.

Version 16.979 - 2015.12.11
New parameter Slippage - slippage in points during deal opening. If a server returns a requote on a signal, the deal will be omitted.

New parameter CloseAllTradesbyOutofTime - all trades positions will be closed at the end of the trading time with Times options used.

Added parameter
ShowInfo=true - show an information block on the chart

Added a trend filter.
Algorithm for determining a trend - location of MA relatively to the price.
The MA period parameter is included into PeriodFilterMa settings.
MA is determined by TF = M1

New parameter:
HoursSleepEaAfterStopLoss=0 - hours to wait before opening a new positions after closing a deal by stop loss.

Manual Take Profit has been fixed.

Fill policy parameter TypeFilling has been added to the external parameters:
- FillOrKill
- ImmediateOrCancel
- Return
Version 16.123 - 2015.01.26
Fill policy parameter has been added to the external parameters:
TypeFilling=FillOrKill


FillOrKill
This fill policy means that an order can be executed only with the specified volume. If the required volume for a given financial instrument is currently unavailable in the market, the order will not be executed. The required volume can be filled using several offers currently available in the market.


ImmediateOrCancel
This means that a trade will be executed with the maximum volume available in the market within the value indicated in the order. In case entire order volume is not available in the market at the moment, a partial fulfillment is possible, but any portion that cannot be filled immediately is canceled.


Return
This fill policy is used for market, Limit and Stop Limit orders and only in the Market Execution and Exchange Execution modes. In case of partial filling a market or Limit order with remaining volume is not canceled but processed further.
When a Stop Limit order triggers, a relevant Limit order will be placed with the Return fill policy.
Version 16.109 - 2015.01.12
Significantly increased the speed of the EA testing in the strategy tester.
Fixed too long stop loss received during a too high spread leap (if the spread is increased 10 times, the stop loss is too big).
Fixes reported bugs.
Added the info panel to the chart the EA is launched at.
Displayed signal volume and power.
Version 15.965 - 2014.11.12
Added parameters:
- Forced Modification of SL\TP in Market Trade
- Comments To Open Orders
- Use trade sounds

Fixed errors reported by users.

Added forced attempt of Stop Loss modification when opening a deal.

Fixed variable "Maximum number of orders for averaging".

In case of any error from the server, a comment is added in the Log.
Version 15.964 - 2014.11.07
Added ability to disable Take Profit. When TakeProfitTickSpred=0, Take Profit is not specified.

Fixed error of deal opening, if the last deal is not found in history.
Version 15.423 - 2014.04.24
Fixed:
- Maximum number of orders during averaging.

Modified:
- Stop loss of every next deal is calculated on the basis of the open price of the last order instead of the current price.
- Signals and variables of arrays containing signals are reset on start and every new day.
- Signals are now detect only at non-rollback movements in the same direction.
Version 15.117 - 2014.01.17
Added MovingInWLUSE parameter.

Once a position becomes profitable, its stop loss is moved to breakeven.

The last deal and the timeframe are considered for averaging. Only one averaging can be used on 1 bar.

If a position is closed with a loss, it will start with initial lot.
Version 14.278 - 2013.08.27
The drawdown PercentDDMAX is calculated by all positions in the terminal. If a user open positions manually or using another Expert Advisor, those positions will be included in the calculation of drawdown.
Version 14.238 - 2013.08.23
If the Trallingstop is less than the minimum level for modification allowed on the server, the minimum allowed value will be used.
Version 14.208 - 2013.08.20
Amended the autolot function for brokers that have symbols with suffixes. For example, EURUSD.m.
Version 14.158 - 2013.08.15
New inputs:
- SpreadToNotTrade - spread limit. If the spread exceeds this value, new deals won't be opened. 0 means the option is disabled.
- PercentDDMAX - maximum drawdown by all symbols of the current account. If this value is reached, new deals will not be opened using signals. An exception is averaging deals.
- StoplossTickSpred - number of spreads for the stop loss.
Version 14.138 - 2013.08.13
Updated TrailingStop funciton.
When using initial trailing stop and a set of signals for modifying the stop loss, the initial stop loss is reset and the TrailingStop function starts working instead.
Version 14.28 - 2013.08.02
Changed the structure of defining Take Profit and Trailing stop (TrailingStopaTickSpred and TakeProfitTickSpred).

To decrease the number of requests sent to the server, the parameters accept the current spread value only when the main deal is performed.
Version 13.723 - 2013.07.24
The EA has been updated for the terminal's build. Added condition for trading time: if parameters remain unchanged, the EA works 24 hours.

The EA is best suited for working at VPS server.