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Sniper Forex EA

Sniper is a Forex Expert Advisor designed for EUR / USD using a 5 minute timeframe.

The idea is born from an in-depth study of the behavior of volatility.

Sniper is based on the Bollinger Bands indicator, a trend filter and a volatility filter.

The results are excellent and the backtest from 2015 shows very good results.

Sniper's parameters can be modified, but the preset parameters have been chosen with the intent of obtaining the maximum ratio between profitability and stability.

Just choose your lot, default lot is 1, change it from 1 to your best lot size!


Parameters

  • lot = lot size (default: 1);
  • magic_number = unique number for each chart (default: 19068);
  • comment = order comment (default: "Sniper");
  • average = length of simple moving average (default: 60);
  • bollinger_sma = length of bollinger simple moving average (default: 20);
  • dev_std = standard deviation of bollinger bands (default: 2);
  • volatility_factor = volatility filter (default: 0.001);
  • sl_long = long position stop loss, % (default: 0.002 = 0,2%);
  • sl_short = short position stop loss, % (default: 0.002 = 0,2%);
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