FX Sniper Signal

5

Key Features of the Indicator:

  1. Buy & Sell Signals:

    • The indicator generates buy and sell signals based on specific conditions.

    • It uses the crossover of the Fast Moving Average (Fast MA) and Slow Moving Average (Slow MA) to determine market entries.

    • The RSI (Relative Strength Index) is used to identify buy signals when RSI is above 50 and below 75.

    • It also considers support and resistance levels for additional confirmation of signals.

  2. Trend Filter:

    • The market trend is identified using a Trend Moving Average (Trend MA), and this filter ensures that signals align with the prevailing market direction.

    • A buy signal is allowed if the price is above the trend MA.

    • A sell signal is allowed if the price is below the trend MA.

  3. Strong Candle Filter:

    • A filter is applied for strong candles, where a candle is considered strong if the body (difference between open and close prices) is significant compared to the total range of the candle.

  4. Support & Resistance Levels:

    • The indicator calculates the highest high and lowest low over a specified lookback period (defined by the SRLookback variable).

    • Support and resistance lines are drawn on the chart to assist traders in identifying key price levels.

  5. Alerts:

    • Alerts are triggered through Push Notifications, Sound Alerts, and Visual Alerts when a buy or sell signal occurs.

    • Alerts are sent only if a specified interval has passed since the last alert (controlled by the AlertInterval variable).

  6. Support and Resistance Lines:

    • If the option EnableDrawSupportResistance is enabled, Support and Resistance lines are drawn on the chart, helping traders identify key price levels.

  7. Signal Logging:

    • Buy and Sell signals are logged into a CSV file, which records time, price, and the timeframe of the signals.

    • This log allows traders to analyze historical signals and performance.

Overall Purpose:

The primary goal of this indicator is to help traders identify high-probability buy and sell signals by combining multiple technical indicators and filters. It aims to provide accurate market entries based on trend-following strategies and support/resistance levels. Additionally, the logging and alerting features help ensure timely notifications and analysis.


Reviews 2
Aravind Kolanupaka
10204
Aravind Kolanupaka 2026.02.13 11:19 
 

Looking good. Thank you!

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Unlock powerful breakout opportunities The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ]
Crystal Heikin Ashi Signals MT4
Muhammad Jawad Shabir
Indicators
CRYSTAL HEIKIN ASHI SIGNALS MT4 Professional Trend Detection Indicator with Smart Entry Signals See the Trend. Catch the Move. Trade with Confidence. The professional Heikin Ashi indicator built for traders who want clarity, precision, and EA-ready signal automation. WHAT IS CRYSTAL HEIKIN ASHI SIGNALS? Crystal Heikin Ashi Signals is a professional-grade MetaTrader 4 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both
Peak Formation Dashboard Pro MT4
Sarika G Talekar
Indicators
The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
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SMC Guardian
Mohammed Mamdouh Abdel Fattah Mohammed El Sayed
5 (2)
Indicators
GUARDIAN: The Ultimate Trend & Security Indicator GUARDIAN is a sophisticated technical analysis tool designed for traders who prioritize precision and capital preservation. This indicator acts as a vigilant protector of your trades, filtering market noise and identifying high-probability trend reversals with institutional-grade accuracy. Core Features: Adaptive Trend Detection: Utilizes advanced algorithms to detect market shifts before they become obvious. Smart Risk Management: Built-in signa
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Tim Marco Talarowski
642
Tim Marco Talarowski 2026.02.28 08:23 
 

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Mohammed Mamdouh Abdel Fattah Mohammed El Sayed
1108
Reply from developer Mohammed Mamdouh Abdel Fattah Mohammed El Sayed 2026.02.28 10:03
Check your mt4 Uninstall and Re-inistall it to solve the problem
Aravind Kolanupaka
10204
Aravind Kolanupaka 2026.02.13 11:19 
 

Looking good. Thank you!

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