Description
<h3>Introduction</h3>
<p>Sniper EA V3.11 MT4 is an automated trading Expert Advisor designed for MetaTrader 4, focused on precision-based entries rather than high-frequency trading. The EA is built to identify high-probability market setups using trend direction, momentum confirmation, and volatility filters. It aims to reduce overtrading and maintain controlled drawdowns by executing trades only during favorable market conditions.</p>
<h3>Key Features</h3>
<ul>
<li>Trend-aligned entry logic to avoid counter-trend trades</li>
<li>Precision scalping and short-term momentum detection</li>
<li>Built-in spread and volatility filters to skip poor market conditions</li>
<li>No martingale, grid, or averaging strategies</li>
<li>Customizable risk management and lot sizing</li>
<li>Optional session and time-based trading filters</li>
</ul>
<h3>Recommended Settings</h3>
<ul>
<li>Platform: MetaTrader 4</li>
<li>Currency Pairs: EURUSD, GBPUSD, USDJPY (best results on low-spread pairs)</li>
<li>Timeframe: M5 or M15</li>
<li>Risk per trade: 0.5% to 1% for conservative trading</li>
<li>Account type: ECN or RAW spread preferred</li>
<li>VPS: Recommended for stable execution</li>
</ul>
<h3>Backtest Result</h3>
<p>Backtesting typically shows a stable equity curve when conservative risk settings are used. The EA trades selectively, meaning there can be periods of inactivity followed by clustered trades during high-liquidity sessions. Drawdowns remain controlled when spread and session filters are enabled. Results vary depending on broker execution and market conditions.</p>
<h3>Advantages</h3>
<ul>
<li>Focuses on quality trades instead of high trade frequency</li>
<li>Lower risk profile compared to grid or martingale systems</li>
<li>Strong filtering reduces exposure during unstable markets</li>
<li>Suitable for traders who prefer disciplined automation</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Performance depends heavily on broker spread and execution quality</li>
<li>Fewer trades compared to aggressive scalping EAs</li>
<li>Requires proper optimization per broker and symbol</li>
<li>No publicly verified long-term live results available.</li>
</ul>
<h3>Installation Steps</h3>
<ol>
<li>
<p>Download the Sniper EA V3.11 file (.ex4 or .mq4).</p>
</li>
<li>
<p>Open MetaTrader 4.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL4 folder.</p>
</li>
<li>
<p>Open the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Close the folder and restart MetaTrader 4.</p>
</li>
</ol>
<h3>Setup Steps</h3>
<ol>
<li>
<p>Enable AutoTrading from the MT4 toolbar.</p>
</li>
<li>
<p>Open the recommended currency pair.</p>
</li>
<li>
<p>Select the recommended timeframe (commonly M15, M5, or H1 depending on configuration).</p>
</li>
<li>
<p>Open the Navigator panel (Ctrl + N).</p>
</li>
<li>
<p>Drag Sniper EA V3.11 from Expert Advisors onto the chart.</p>
</li>
<li>
<p>In the Common tab, check “Allow Live Trading.”</p>
</li>
<li>
<p>In the Inputs tab, configure:</p>
</li>
</ol>
<ul>
<li>
<p>Risk percentage (recommended 1%–2%)</p>
</li>
<li>
<p>Lot size (fixed or auto lot)</p>
</li>
<li>
<p>Maximum spread filter</p>
</li>
<li>
<p>Stop-loss and take-profit settings (if adjustable)</p>
</li>
</ul>
<ol>
<li>
<p>Click OK to activate the EA.</p>
</li>
</ol>
<p><strong>Support & Disclaimer</strong></p>
<p><strong>Support</strong></p>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<p><strong>Disclaimer: </strong>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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