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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Daily Candle Predictor is an indicator that predicts the closing price of a candle. The indicator is primarily intended for use on D1 charts. This indicator is suitable for both traditional forex trading and binary options trading. The indicator can be used as a standalone trading system, or it can act as an addition to your existing trading system. This indicator analyzes the current candle, calculating certain strength factors inside the body of the candle itself, as well as the parameters of
TMM Channel System
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T.M.M Channel System is a forex trading system which provides signals for BUY and SELL with the Trend using special trend filter price channel indicator. This indicator is easy to adapt to any market using only two parameters. This channel indicator does not repaint! The channel indicator is recommended for trading on H4 charts but can be used with any time frame though. After purchase you will download the channel indicator. The arrow indicator will be provided to you for free after purchase. Y
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Oleg Rodin
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Indicators
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
BlueDigitsFx Easy 1 2 3 System
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Indicators
Official BlueDigitsFx Ecosystem Access Get infrastructure updates, workflow resources, product releases, and ecosystem access through the official BlueDigitsFx ecosystem. Telegram Ecosystem Website MT5 Version BlueDigitsFx Easy 123 System — Powerful Reversal and Breakout Detection for MT4 All-In-One Non-Repaint System for Spotting Market Reversals and Breakouts – Built for traders who value structure, clarity, and confirmation-based trading workflows. The BlueDigitsFx Easy 123 System is a vis
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SMC Guardian
Mohammed Mamdouh Abdel Fattah Mohammed El Sayed
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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
1346
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!

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