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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AIKON — AUTOMATED TRADING. CONVERSATIONAL CONTROL. AIKON is an AI-powered Expert Advisor (EA) for MetaTrader 5. Once configured and enabled, it can analyze markets, open trades and manage positions automatically within your chosen settings and risk controls. Ask Aikon gives you a direct way to understand and control your trading system—in plain language. Build your setup. Ask why a market did or did not trade. Review your exposure. Prepare changes from your desktop or through Telegram on your ph
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[ IMPORTANT ] REAL CLIENT FEEDBACK :  https://www.mql5.com/en/market/product/127498/comments#comment_58814415 [ IMPORTANT ]  UPDATED (1 YEAR PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_59233853 [ IMPORTANT ]  UPDATED (1 YEAR 6 MONTHS PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_60000067 [ IMPORTANT ]  UPDATED  (2026/09):  https://www.mql5.com/en/market/product/127498/comments/page2#comment_60389797 [ IMPORTANT ] UPDATED (2026/
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