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Charbel Abboud  

Forget about nice looking backtests screenshots, it is meaningless to show wonderful curve for a robot on a specific pair or on many pairs using different parameters via .set files. This will be nothing but a manipulation for commercial reason.  No Grids, No Martingale, No Averaging, No Pyramiding, No lot Sizing, No Set Files…Dear Users, proud to present you EURO SNIPER our Artificial Intelligence/Machine Learning made Robot that combines a portfolio of 14 strategies that work successfully on all Euro pairs (EURGBP, EURUSD, EURNZD, EURCHF, EURCAD, EURAUD, EURJPY) with the Same Inputs, Same Settings, Same Parameters, No Set Files, No Curve Fitting, because in our trading philosophy we believe that set files are nothing than specific indicators parameters that work exclusively on historical data by overfitting the price chart of specific pairs to generate wonderful results but fail and lose on all future charts as it is designed to fit a specific price curve, this is why in all our robots, trading indicators inputs are hidden to prevent optimization acts as we do not look for curve fitting but for a Robust Trading Algorithms tested on various currency markets under many Robustness tools such as Monte Carlo, Walk Forward and a long Out of Sample Data.

Download EURO SNIPER and test it on all Euro Pairs as recommended, and if it does not what it is intended to do as described, do not purchase it. Do not worry too much about high modelling quality as it works mainly on lowest timeframes (M1 - M5).

It is very important and highly recommended that you launch the EA on charts while the Autotrading button is disabled and after initialization re-enable the Autotrading or you can activate it on charts out of market hours and preferably during weekends because the EA may and probably will execute one quick  single trade (immediate open and close position) on initialization in order to perform fast execution quality test. However, this trade will be executed with the smallest possible lot size 0.01, so it will cost the user few cents as commission.

Please, bear in mind that the performance of any trading system is highly limited by the brokers conditions - do not even think to try it on random brokers - only on well-known True ECN brokers with tight spreads and low commissions.

  • Recommended Timeframes: M1- M5
  • Supports All Euro pairs (EURGBP, EURUSD, EURNZD, EURCHF, EURCAD, EURAUD, EURJPY)
  • Various Euro pairs tests are recommended to show the EA's stability during various market conditions.
  • Minimum balance 100 USD
  • Recommended Minimum leverage 1:100
  • Only True ECN Brokers, Do not believe that any EA will succeed without good brokerage conditions low spread, low slippage and low commissions.
  • This EA should run on a VPS continuously.

Charbel Abboud  

All the following features and inputs parameters are common settings that you find in all our robots, and these are additional features that have nothing to do with the trading logic of the EA (trading strategies, entry & exit conditions).

   EURO SNIPER Features

  • Fully Automatic Mode
  • Account Equity Guard
  • Stealth Mode
  • Spread Protection
  • Slippage Control Algorithm
  • Rollover Auto-Detection time - Rollover Filter
  • Trading Hours Management System
  • Advanced Money Management
  • GMT Settings
  • Message Box 
  • Robust Trading Logic
  • Reasonable TP and Dynamic SL levels
  • Low Drawdown
  • Solid Backtest Performance
  • Multiple Currency Pairs Support
  • Advanced News Filter
  • Volatility Filter
  • Email and Push Notification System
  • Friday Exit System

 

Advanced News Filter

Can be Enabled/Disabled from the chart panel, thanks to this filter you can avoid trading during important news and reports. The news filter can increase the Win Rate of the system.

To activate this feature, you have to configure MT4 terminal to allow WEB Requests to load news from one of the following sources:

1-   Investing.com: //ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=

1,2,3&calType=week&timeZone=15&lang=//

2-   Dailyfx.com: //http://www.dailyfx.com/files/Calendar-//

Just navigate to MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):


Advanced Time Management System

EAS provides Hours Management Filter. With this option, you can specify the hours that the EA must trade within it. You can also configure the robot to trade or not on individual week days. Kindly pay attention to set properly the target hours intervals to trade, i.e. if you want the robot to trade one single hour from 2 to 3, just set in the input 2,3,2,3 (the minimum to set is 4 digits), if you want the robot to trade from 1 to 4 and from 6 to 7 and from 13 to 22 you have to set them this way: 1,4,6,7,13,22.  This is a very strong setting that help you to trade the best periods when the EA shows best result and let you avoid the most dangerous periods.

N.B: If GMT settings is set to false, all the set hours in the Time Filter will be functional in broker server time. Otherwise, if GMT settings is set to true, Trading Hours will be calculated as Trading Hours- GMT Offset.

 

Money Management

Euro Sniper is equipped with Money Management System. You can use fixed lots or set a risk in percent, so the robot will automatically calculate the lots according to the risk and your account balance.

 

Friday Exit System

Euro Sniper comes with Friday Exit System. It is known that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big losses due to Monday gaps. EURO SNIPER includes a Friday Exit system, so you can set the robot to close all trades on Friday evening at a specified hour. Friday Exit System can also delete any remained pending orders.

 

Account Equity Guard

Can be Enabled/ Disabled directly from the chart panel, the Equity Guard is a very useful tool. If enabled, it monitors your Account Equity and executes the requested actions if any of the input conditions is triggered, i.e. the user funds his account with 5000 USD. Let’s say the profit value is 3000 and the loss value is 20% by default. If the equity jumps to 8000 or drops by 20% to 4000, the requested actions will be executed. These requested actions can be: closing all the open positions or/and  deleting all the pending orders or/and disable the trading activity of the EA.

NB: The profit and the loss value can be set as fixed amounts or a percentages.

Rollover Auto-Detection System

This feature is very important as it notifies you the exact start of the Rollover hour in your broker-chart time, so you can avoid making any entries. As well, EURO SNIPER provides you with the ability to customize the Spread Filter during the Rollover hour (Check the Max Spread During Rollover in the input settings). All you have to do is to set correctly your broker GMT Offset.

 

Slippage, Spread and Broker Protection

Euro Sniper is equipped with a control algorithm to detect any big Slippage and interfere to avoid it. As well Euro Sniper monitors the spread around the clock and protect all  entry and exit transactions from any unusual spread value, in addition to the Stealth Mode which is a built-in feature that hides all the SL and TP levels from the terminal, and forbids all brokers potential SL chasing or hunting.

N.B: Stealth Mode can be Enabled/Disabled directly from the chart panel.

E-mail and Mobile Push Notification System

Euro Sniper can inform you about all actions performed in your account. All you have to do is to set-up your terminal to receive these notifications by email or via mobile phone.

Charbel Abboud  

EURO SNIPER INPUTS PARAMETERS


 ========EURO SNIPER=======

Trading_Button: True or False (if True EURO SNIPER is fully active, if False the robot does not execute new trades or place pending orders but it still monitor the already opened positions).

Magic Number: Set the EURO SNIPER Magic Number. It is extremely important to keep this different for all robots.

 

 

 ====Broker & Spread Protection====

Stealth_Button: True or False. If it is True all stop loss and take profit will be hidden from the broker to avoid stop loss hunting.  

 Max Entry Spread: Max allowed spread for position opening (Value in pips).

Max Exit Spread: Max allowed spread for position closing (Value in pips).

Max Slippage: Max allowed slippage for position opening (value in Pips).

 

=======Money Management====

Auto Lot: True or False.

Risk Factor: Set the required percent risk.

Fixed Lot:  Set the required entry lot.

 

 

=========Notifications===========

Email Notification: True or False - enable/disable email notifications.

Mobile Notification: True or False - enable/disable push notifications to mobile phones.

 

 

=======GMT Settings=====

GMT Offset: True or False.

Offset Value: Set your broker GMT Offset.

 

=======Rollover Detection Time and Spreads========

Broker GMT Offset Value: Set your broker GMT Offset in order to properly detect the Rollover Hour.

Rollover Time Filter: True or False - It switches on/off the rollover time filter.

Pause Trading Before Rollover: Set in minutes - Time interval before Rollover start hour in which all trading operations will be canceled.

Start Trading After Rollover: Set in minutes - Time interval after Rollover finish hour in which all trading operations will be canceled.

Use Max Spread During Rollover: True or False. It switches on/off the rollover customized Spread Filter.

Max Spread Value During Rollover: Set the Maximum Spread Value during the Rollover.

  

========Trading Hours Management System==========

Use Time Filter: True or False. If True it opens new positions only during the specified hours in the specified days, if False it opens positions 24/24. The minimum to set is 4 digits. If you want the robot to trade from 1 to 4 and from 6 to 7 and from 13 to 22 you have to set them this way: 1,4,6,7,13,22.

Monday Trading Hours: Set the trading hours separated by comma, for example: 0,1,22,23. In this case, the EA trades on monday from hour 0 to 1 and from hour 22 to 23.

Tuesday Trading Hours

Wednesday Trading Hours

Thursday Trading Hours

Friday Trading Hours

Saturday Trading Hours

Sunday Trading Hours

 

=========Friday Exit=========

Use Friday Exit: True or False – If it is True, the robot will close all trades on Friday.

Exit Hour: Set the required hour at which the robot will close all open positions And/Or Delete all pending orders

Close All Open Positions: True or False.

Delete All Pending Orders: True or False.

 

 =========Account Equity Guard===========

Profit Percentage: Set the Percentage Profit Value at which you want the robot to execute the requested actions (Disable     Trading/ Close All Open Positions/ Delete All Pending Orders).

Profit Amount: Set the Profit Amount at which you want the robot to execute the requested actions.

Loss Percentage: Set the Loss Percentage at which you want the robot to execute the requested actions.

Loss Amount: Set the Loss Amount at which you want the robot to execute the requested actions.

Disable Trading: True or False. If true it turns off the Trading button, so EURO SNIPER does not take any new positions.

Close All Open Positions: True or False. If it is True, the robot closes all the opened positions.

Delete All Pending Orders: True or False. If it is True, the robot deletes all pending orders.

 

=========News Filter Settings========

Source News: investing.com or dailyfx.com

Low Impact News: True or False – enable/disable the News Filter on low impact news.

Pause Trading before Low Impact News Release: Set time in Minutes.

Start Trading after Low Impact News Release: Set time in Minutes.

Medium Impact News: True or False - enable/disable the News Filter on medium impact news.

Pause Trading before Medium Impact News Release: Set time in minutes.

Start Trading after Medium Impact News Release: Set time in Minutes.

High Impact News: True or False - enable/disable the News Filter on high impact news.

Pause Trading before High Impact News Release: Set time in Minutes.

Start Trading after High Impact News Release: Set time in Minutes.

NFP News: True or False- enable/disable the News Filter on NFP News.

Pause Trading before NFP News Release: Set time in Minutes.

Start Trading after NFP News Release: Set time in Minutes.

Draw News Lines: True or False.

News Filter Time Zone: Set the required GMT offset for news events.

WhiteSlider  

Hello Charbel,


your Expert is not working correctly. I have seen that you designed it via SQX.


Your Expert had changed the StopLoss and Take Profit of an other SQX-Expert from me, which is trading XAUUSD H1.

But your Expert is only trading on EURNZD M5 an GBPAUD M5 on my Real FXOpen Account. (Both Experts have different Magic Numbers)


So please check it immediately.

Thank you.


Greetings WhiteSlider

0 07:03:30.870 Euro Sniper EURNZD,M5: modify #220870900 buy 0.10 XAUUSD at 1938.92 sl: 0.00 tp: 1956.09 ok

0 07:03:30.870 Euro Sniper EURNZD,M5: LastError = 0

0 07:03:30.870 Euro Sniper EURNZD,M5: LastError = 0

2 07:03:30.870 Euro Sniper GBPAUD,M5: modify #0 buy 0.00  at 0.00 sl: 0.00 tp: 0.00 ok

0 07:03:30.870 Euro Sniper GBPAUD,M5: LastError = 0

0 07:03:30.870 Euro Sniper GBPAUD,M5: LastError = 0

2 07:03:31.078 Euro Sniper EURNZD,M5: modify #220870900 buy 0.10 XAUUSD at 1938.92 sl: 0.00 tp: 0.00 ok

2 07:03:31.078 Euro Sniper GBPAUD,M5: modify #220870900 buy 0.10 XAUUSD at 1938.92 sl: 0.00 tp: 0.00 ok

Charbel Abboud  
WhiteSlider #:

Hello Charbel,


your Expert is not working correctly. I have seen that you designed it via SQX.


Your Expert had changed the StopLoss and Take Profit of an other SQX-Expert from me, which is trading XAUUSD H1.

But your Expert is only trading on EURNZD M5 an GBPAUD M5 on my Real FXOpen Account. (Both Experts have different Magic Numbers)


So please check it immediately.

Thank you.


Greetings WhiteSlider

0 07:03:30.870 Euro Sniper EURNZD,M5: modify #220870900 buy 0.10 XAUUSD at 1938.92 sl: 0.00 tp: 1956.09 ok

0 07:03:30.870 Euro Sniper EURNZD,M5: LastError = 0

0 07:03:30.870 Euro Sniper EURNZD,M5: LastError = 0

2 07:03:30.870 Euro Sniper GBPAUD,M5: modify #0 buy 0.00  at 0.00 sl: 0.00 tp: 0.00 ok

0 07:03:30.870 Euro Sniper GBPAUD,M5: LastError = 0

0 07:03:30.870 Euro Sniper GBPAUD,M5: LastError = 0

2 07:03:31.078 Euro Sniper EURNZD,M5: modify #220870900 buy 0.10 XAUUSD at 1938.92 sl: 0.00 tp: 0.00 ok

2 07:03:31.078 Euro Sniper GBPAUD,M5: modify #220870900 buy 0.10 XAUUSD at 1938.92 sl: 0.00 tp: 0.00 ok

Hello Whiteslider,
Well dear, first of all thanks for your interest in my EA.
Brother as for the sl modification it is advised to activate the eurosniper ea on a separated account as it is written in the description.
I think dear that you have enabled the stealth button so it may hides other functionality, to fix this problem you can simply turn off the stealth button. 
As for the low trading activity of the ea, it is important to mention that it is very sensitive to market liquidity, and broker conditions (spread, pricing, slippage...), Make sure dear that you are using not only true ecn broker account but also raw pricing model. (Bro, you know how big this industry dark side is!!!😋).
Kindly, make sure to watch carefully the pricing model, as it highly affects the activity and behaviour of the ea.

Do not hesitate to contact me.
I remain at your service anytime.
Kind regards,
Charbel



WhiteSlider  
Charbel Abboud #:
Hello Whiteslider,
Well dear, first of all thanks for your interest in my EA.
Brother as for the sl modification it is advised to activate the eurosniper ea on a separated account as it is written in the description.
I think dear that you have enabled the stealth button so it may hides other functionality, to fix this problem you can simply turn off the stealth button. 
As for the low trading activity of the ea, it is important to mention that it is very sensitive to market liquidity, and broker conditions (spread, pricing, slippage...), Make sure dear that you are using not only true ecn broker account but also raw pricing model. (Bro, you know how big this industry dark side is!!!😋).
Kindly, make sure to watch carefully the pricing model, as it highly affects the activity and behaviour of the ea.

Do not hesitate to contact me.
I remain at your service anytime.
Kind regards,
Charbel



Hello Charbel,


thanks for your answer. If you are working with magic number, so it's not normal that an EA changing the stoploss and takeprofit from a other EA with a completly other currency pair and magic number.

That is in my opinion a fault. Also in stealth mode is this a coding error.

It should not be neccessarry, that we have to work with an separated account only for your Euro Sniper EA.


Greetings WhiteSlider

Charbel Abboud  
WhiteSlider #:

Hello Charbel,


thanks for your answer. If you are working with magic number, so it's not normal that an EA changing the stoploss and takeprofit from a other EA with a completly other currency pair and magic number.

That is in my opinion a fault. Also in stealth mode is this a coding error.

It should not be neccessarry, that we have to work with an separated account only for your Euro Sniper EA.


Greetings WhiteSlider

Dear WhiteSlider, you are absolutely right regarding the stealth mode functionality error issue, but as for allocating specific account for this ea, i ve explained this in the description.
Ill try to fix it and update it as soon as possible, meanwhile you can turn the stealth mode off, especially if your account is not too too tooo big, brokers try to hunt or chase only huge positions.

Bzw what do you mean by sqx? The file is coded in mql4 like all other mt4 experts.
Thank you for your understanding and sorry for any inconveniences.
 I remain at your service anytime.
Regards,
Charbel


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