M5 Sniper Pro SMC
- Experts
- Version: 2.20
- Activations: 5
M5 Sniper Pro SMC is an automated Expert Advisor for MetaTrader 5, built for the M5 timeframe. It trades using Smart Money Concepts (SMC): liquidity sweeps, market structure shifts and precise entry zones.
- Enters on a confirmed signal with a fixed Stop Loss placed beyond the swing level.
- Manages the trade with Take Profit, Break Even and an optional partial close.
Key features
- Designed for the M5 timeframe
- Works on [XAUUSD, EURUSD]
- Every trade has a Stop Loss, with no martingale and no grid
- Adjustable risk: fixed lot or % of balance
- Fixed risk/reward ratio (default 1:[3])
- Break Even and partial close options
- On-chart dashboard showing trades, profit/loss and statistics
- Easy to set up, with no complex configuration
Recommendations
- Timeframe: M5
- Minimum deposit: $[300] or more
- Account type: any
- Broker: any
- A VPS is recommended for 24/5 operation
Input parameters
| Parameter | Description |
|---|---|
| Lot Mode | Fixed lot or risk % of balance |
| Fixed Lot | Lot size when Fixed mode is selected |
| Risk Percent | % of balance risked per trade |
| Risk Reward | Take Profit as a multiple of Stop Loss (e.g. 3.0 = 1:3) |
| Swing Lookback | Number of candles used to find swing high/low |
| Use Break Even | Move SL to entry after the set profit |
| Break Even Trigger | Profit level (in R) that activates Break Even |
| Use Partial Close | Close part of the position at 1R |
| Partial Close % | Percentage of the position to close |
| Start Hour / End Hour | (server time) |
| Show Dashboard | Show/hide the on-chart panel |
Important
