Gold Sniper Candle Memory
- Experts
- Version: 1.0
- Activations: 5
Gold Sniper Candle Memory is an automated trading robot (Expert Advisor) for MetaTrader 5, designed for gold (XAUUSD) on the M15 chart.
How it works
The robot keeps a memory of candle patterns: it records what happened after each pattern on your own broker's price history (about 120 days of warm-up) and keeps learning while it runs. A new setup is taken only when the memory says it is worth it. An optional hourly engine trades the return to the previous day's point of control.
It does NOT use martingale, grid or averaging down. Every trade has a stop loss and a target.
Features
- Candle pattern memory with self-learning (warm-up from history, then continuous learning).
- Three trading modes: Every bar, Smart (default) and Sniper (strong patterns only).
- Economic news filter: strong news is blocked, medium and low news can be traded after the release (optional).
- Hidden stop loss and take profit on the terminal, plus an emergency stop on the server at 2R.
- Break-even and time exit for each trade.
- Optional add-on trade after a pullback, or when the first trade is in profit and at break-even.
- Optional hourly engine (previous day point of control).
- Fixed lot (default 0.01) or risk based lot: set the risk in percent of balance per trade. If the lot would be below the broker minimum, the trade is skipped instead of risking more.
- Auto server time: session hours and blocked hours are written for a GMT+2 (winter) / GMT+3 (summer) server clock and are shifted automatically to your broker's clock on a live chart (switch: Auto server time).
- Control panel on the chart with tabs (Home, Market, Memory, Profits, News, Analysis). The panel, messages and news names can be shown in English or Arabic (input Language).
How to use
- Use a HEDGING account and the XAUUSD chart, timeframe M15.
- Attach the robot to the chart and allow algo trading.
- Keep the default inputs, or set the risk percent. On a small account (for example 500 USD) 1 percent is below the minimum lot on most gold stops, so many trades will be skipped. Use the fixed lot instead, or a larger balance.
- Let it run on a demo account for a few days first.
Main inputs
- Trading mode: Every bar, Smart or Sniper.
- Lot size: fixed lot, used when risk % is 0.
- Risk per trade as % of balance at the stop: 0 means the fixed lot is used.
- Magic number: identifies the robot's trades (default 920920, hourly engine 920921).
- Max new trades per 15 minutes: 1 or 2.
- Enable add-on trade on the first trade.
- Auto server time.
- Language of the panel: English or Arabic.
All inputs have a short description in the Inputs tab.
Settings guide (starting points, not guarantees)
- Start with the default inputs and the fixed lot 0.01 on a demo account.
- Smart mode (default) is a balanced choice. Sniper mode takes fewer trades by design, only the strongest patterns. Every bar mode takes more trades.
- Keep the news filter on: strong news stays blocked.
- To use the risk based lot, use a balance large enough that 0.5 to 1 percent of it gives at least the minimum lot at the stop distance. Otherwise the trade is skipped.
- Change one setting at a time and test it on demo for a few weeks before you keep it. Settings tuned on past data can look better in the tester and still behave differently live.
- Do not delete the memory files (GoldSniper_Memory.bin and the other GoldSniper files in the Common Files folder), or the robot will start learning from zero.
Notes
- The percentages shown in the Memory and Analysis tabs are statistics of the pattern memory built from past candles. They are not results of the robot.
- Tester results depend on tick data quality and execution. Spreads, slippage and execution differ on a live account.
- Past performance and tester results do not guarantee future results.
- Trading involves risk. Only trade money you can afford to lose. Test on a demo account before using real money.
