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
10284
Aravind Kolanupaka 2026.02.13 11:19 
 

Looking good. Thank you!

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Smart Phase Box (SPB) — Indicator Description Smart Phase Box automatically locates consolidation zones (bases, flats) on the chart and analyzes the candle microstructure inside each zone — wicks, tick volume, body-to-range ratio, and where price closes relative to the zone — to estimate whether the zone looks more like accumulation (buyers absorbing supply) or distribution (sellers absorbing demand), based on classic Wyckoff / Smart Money concepts. MT5-version:  https://www.mql5.com/en/market/p
Volumetric Order Blocks MT4 Multi Timeframe
Duc Hoan Nguyen
5 (8)
Indicators
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Volumetric Order Blocks Multi Timeframe indicator is a powerful tool designed for traders who seek deeper insights into market behavior by identifying key price areas where significant market participants accumulate orders. These areas, known as Volumetric Order Blocks, can serve as
Advanced Supply Demand
Bernhard Schweigert
4.91 (302)
Indicators
Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the pot
Market Structure Break Out
Ashkan Hazegh Nikrou
5 (8)
Indicators
Detect Indirection Break Out Signal with high success rate. Price will increase to 119$ By Tomorrow Introduction to Market Structure Break Out (MSB) , this indicator is an advanced tool designed for both MT4 and MT5 platforms , helping traders view market movement through the lens of price structure. It identifies and highlights key trading signals using arrows and alerts, both in the direction of the trend and against it (reversal signals). One of its standout features is the ability to draw u
Winshots Massive FX Profits
Pawel Michalowski
5 (1)
Indicators
Stop searching for and trying new indicators! Get Winshots Massive FX Profits indicator and set yourself apart from the crowd.  Years of trading experience led us to the building of this all in one indicator! Trade like the pro with Winshots Massive FX Profits! This indicator uses the following methodologies to help you become a more consistent profitable trader: - MARKET VOLUME PROFILE - DAILY CANDLE OUTLINE  - ATR LEVELS - DAILY PIVOTS LEVELS - PRICE CYCLES ANALYSIS What is VOLUME PROFILE?
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SMC Guardian
Mohammed Mamdouh Abdel Fattah Mohammed El Sayed
5 (3)
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
651
Tim Marco Talarowski 2026.02.28 08:23 
 

User didn't leave any comment to the rating

Mohammed Mamdouh Abdel Fattah Mohammed El Sayed
1260
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
10284
Aravind Kolanupaka 2026.02.13 11:19 
 

Looking good. Thank you!

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