Candle Sniper EA

CandleSniper EA – Master Precision Reversals with Candlestick Power!

CandleSniper EA is a powerful, precision-engineered Expert Advisor built to capitalize on reversal patterns using the highly trusted Hammer and Shooting Star candlesticks. This EA is designed for traders who demand accuracy, smart risk management, and clean execution – no messy indicators, no unnecessary signals, just pure price action power.

🧠 Why CandleSniper EA?

Pure Price Action Strategy – No indicators, just clean candlestick logic
Works Best on EURUSD M5 – Optimized and tested for consistent performance
Adaptive Risk Management – Smart lot sizing based on account balance
Trail Your Profits Automatically – Trailing stop system to lock in gains
Weekend Cutoff Protection – Avoids weekend gaps by closing positions before the market closes
Time-Based Entry Filtering – Trade only during your selected hours for maximum edge
Plug-and-Play Simplicity – No complicated setup or optimization needed

⚙️ How It Works

CandleSniper EA waits for precise Hammer (Buy) or Shooting Star (Sell) patterns on the chart and enters a trade based on real market structure. It then applies a smart trailing stop and risk-based position sizing to manage trades automatically.

⏱️ Recommended Settings

  • Pair: EURUSD

  • Timeframe: M5

  • Account Type: Works on both demo and live accounts

  • Execution: Best with ECN brokers and low spreads

Input Parameters Explained

Input Name Description
MinSLPips Minimum Stop Loss in pips to protect against false entries
TrailPips Trailing stop distance in pips once in profit
ValidHours Comma-separated list of hours (0–23) when EA is allowed to trade
MagicNumber Unique identifier for the EA's trades
CloseOnWeekend If true, closes all trades on Friday before the weekend begins

📈 Backtested Performance

✅ Tested on EURUSD M5
✅ 90% modeling quality
✅ Consistent performance across volatile and calm markets
✅ Proven to avoid overtrading by sticking to quality setups


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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
XG Gold Robot MT5
MQL TOOLS SL
4.3 (111)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
Wave Rider EA MT5
Adam Hrncir
4.88 (43)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, Blackbull, Fusion,
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