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
10370
Aravind Kolanupaka 2026.02.13 11:19 
 

Looking good. Thank you!

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Special offer :  ALL TOOLS , just   $35   each for a limited time! New tools  will be  $30  for the  first week  or the  first 3 purchases ! Trading Tools Channel on MQL5: Join my MQL5 channel to receive the latest updates Multi-Timeframe & Multi-Symbol Guide:  Multi-Timeframe & Scanner User Guide - Available in 12 Languages See the MT5 version at:  Volume-Trend Order Block MT5 Multi-Timeframe Scanner See the MT4 version at:  Volume-Trend Order Block MT4 Multi-Timeframe Scanner See more product
Apollo Striker
Oleg Rodin
Indicators
Apollo Striker is an effective BUY/SELL arrow indicator that predicts the direction of price movement. This indicator is suitable for absolutely all traders, regardless of the preferred strategy or currency pair, time frame. This arrow indicator can be used with absolutely any trading instrument, be it currencies, metals, indices, stocks or even cryptocurrencies. Moreover, a trader can easily adapt the indicator signals for any trading pair and time frame using a special parameter in the indicat
TrendLine PRO MT4
Evgenii Aksenov
4.83 (168)
Indicators
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection. Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices. The indicator is used in trading on real accounts, which confirms the reliability of the strategy. Robots using   Trend Line PRO   and real Signals can be found here:   
UPD1 Volume BOX
Vitaliy Kuznetsov
4.94 (16)
Indicators
The indicator displays the horizontal volume profile in the specified area (BOX) and the maximum volume (POC). Product Features. 1. You can use ticks or just price. 2. Adaptive grid spacing (M1-MN). 3. Adaptive high volume (median) search step depending on box size. 4. Automatic chameleon color for box lines and buttons. 5. Multiple boxes, easy to create and delete. 6. 70% volume area (enable in settings). 7. There is an alert for touching the maximum horizontal volume line (POC). 8. VWAP. 9. C
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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
1367
Reply from developer Mohammed Mamdouh Abdel Fattah Mohammed El Sayed 2026.07.29 14:17
Check your mt4 Uninstall and Re-install it to solve the problem
Aravind Kolanupaka
10370
Aravind Kolanupaka 2026.02.13 11:19 
 

Looking good. Thank you!

Reply to review