Xauusd M1 Sniper Rev

XAUUSD M1 Sniper Rev — A high-win-rate scalping EA for intraday trading, with no overnight positions.

Many users requested the return of XAUUSD M1 Sniper, so I released this revised version, preserving the original's exceptionally high win rate while introducing improvements and new features.

The original version had no stop loss if the profit target was not reached, which could lead to account blowouts during a sharp gold price crash. Sniper Rev forcibly closes all positions before the end of each trading day, avoiding overnight exposure and helping prevent unexpected market moves from increasing losses.

Existing EAs on the market often fall short, whether due to high drawdowns, low profitability, or poor performance in current gold market conditions. That's why I developed this EA for ultra-short-term trading on XAUUSD M1.

The EA waits patiently for the right opportunities rather than trading frequently. It looks for buying opportunities only when the market shows oversold signals, aiming to enter at lower prices and reduce the likelihood of high drawdowns. It also uses a virtual trailing stop loss that starts trailing once a certain profit level is reached, allowing profits to run.

Inputs: Fixed Lots, Lots/$1000, Max Spread, Trading Frequency

Recommended Setup

  • Recommended Brokers: IC Markets / Others
  • Account Type: RAW / ECN / Low Spread
  • Trading Symbols: XAUUSD / XAUUSD247 / Gold
  • Timeframe: M1
  • Recommended Capital: $200+ (1:500 leverage, 0.01 lots)
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