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Forex Sniper

System that really deserves attention. It combines the power and flexibility of trading. Do not be put off by a large number of settings. They do not need to be changed, the system is already configured and fully operational. Your task is to run the robot on the chart and simply not get in its way. If you can do that, then you will be able to control this EA.

The Expert Advisor features a system for controlling the order execution and calculation of the average spread value. It records and displays on the chart the slippages of orders and the entire history of spread changes for all period of the EA operation. This can significantly help in choosing a broker.


Parameters

  • Pause - Trading pause after closing orders (from 1 minute to 1 month);
  • CloseAllOrdersNow - immediately close all orders and stop trading;
  • AllowTrading - allow trading;
  • UseOneDirection - prohibit opening opposite buy and sell orders;
  • UseSignalForOthers - filter of the signal for opening additional orders;
  • AutomaticPips - automatic calculation of step between orders;
  • MechanicalPips - the step between orders, if automatic calculation is not used;
  • Candles - the number of candles used for automatic step calculation;
  • Delimiter - divide the distance between the highest and the lowest price for latest х bars, where х = Candles;
  • TotalEquityRisk - deposit drawdown percentage to close all orders;
  • StopLoss - the minimum distance to stop order (the distance is calculated automatically and depends on the deposit, input lot and the TotalEquityRisk parameter);
As the additional orders are opened, the distance to stop order decreases to prevent loss of equity greater than specified in the TotalEquityRisk parameter. In exceptional cases, a situation may occur when the robot opens additional orders and estimated stop order of a subsequent position would have to be placed above the buying price or below the selling price, which contradicts the rules of trading. In this case a recalculation will be performed and stop orders of all positions will be moved to the minimum allowed distance specified in the StopLoss parameter below the Bid price for buy orders, or above the Ask price for sell orders.
  • UseTrailingStop - enable order trailing;
  • TrailStart - trailing start;
  • TrailStep - trailing step;
  • NoLoss - move to breakeven;
  • MinProfitNoLoss - breakeven profit;
  • ProfitTrailing - the minimum profit in points to activate trailing;
  • PipStepExponentBeforeStepX - multiplication of the order step starting from the first order;
  • PipStepExponentAfterStepX - multiplication of the order step starting from order х, where х = StepX;
  • StepX - adapter;
  • LotSize - initial volume of orders;
  • LotExponentBeforeStepY - multiplication of the order volume starting from the first order;
  • LotExponentAfterStepY - multiplication of the order volume starting from order х, where x = StepY;
  • StepY - adapter;
  • TP1 - take profit distance;
  • Slippage - allowed slippage in points;
  • Spread - allowed spread, above which the EA does not trade;
  • MaxTrades - maximum number of orders;
  • Repeat - number of attempts to open an order;
  • UseCommonClose - allow closing profitable orders when a certain deposit percentage is reached;
  • StepCommonClose - the order to activate the function;
  • CommonProfitBuy - percentage for closing buy orders;
  • CommonProfitSell - percentage for closing sell orders;
  • CommonProfit - percentage for closing both buy and sell orders;
  • MM - automated money management;
  • Lot - lot size, if the automated money management is disabled;
  • RiskPercent - risk based on deposit percentage, if the automated money management is enabled;
  • UseTime - operation by time;
  • BeginServerTime - trading start time;
  • EndServerTime - trading end time;
  • CloseALLafterEnd - close orders in non-trading time (orders are closed in breakeven);
  • InformationOnChart - display information on the chart;
  • MagicNumber - order identifier;


Requirements

  • instant order execution - ECN (spread not greater than 1.5);
  • Trouble-free connection to the server - VPS (with a minimum ping);
  • Currency pair EURUSD (with any prefixes, like EURUSD.f etc.);
  • Chart timeframe - M15.
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