Candle Sniper EA

CandleSniper EA – Master Precision Reversals with Candlestick Power!

CandleSniper EA is a powerful, precision-engineered Expert Advisor built to capitalize on reversal patterns using the highly trusted Hammer and Shooting Star candlesticks. This EA is designed for traders who demand accuracy, smart risk management, and clean execution – no messy indicators, no unnecessary signals, just pure price action power.

🧠 Why CandleSniper EA?

✅ Pure Price Action Strategy – No indicators, just clean candlestick logic
✅ Works Best on EURUSD M5 – Optimized and tested for consistent performance
✅ Adaptive Risk Management – Smart lot sizing based on account balance
✅ Trail Your Profits Automatically – Trailing stop system to lock in gains
✅ Weekend Cutoff Protection – Avoids weekend gaps by closing positions before the market closes
✅ Time-Based Entry Filtering – Trade only during your selected hours for maximum edge
✅ Plug-and-Play Simplicity – No complicated setup or optimization needed

⚙️ How It Works

CandleSniper EA waits for precise Hammer (Buy) or Shooting Star (Sell) patterns on the chart and enters a trade based on real market structure. It then applies a smart trailing stop and risk-based position sizing to manage trades automatically.

⏱️ Recommended Settings

• Pair: EURUSD

• Timeframe: M5

• Account Type: Works on both demo and live accounts

• Execution: Best with ECN brokers and low spreads

Input Parameters Explained

📈 Backtested Performance

✅ Tested on EURUSD M5
✅ 90% modeling quality
✅ Consistent performance across volatile and calm markets
✅ Proven to avoid overtrading by sticking to quality setups