Sniper EA V3.11 MT4

🔍 Introduction

The Sniper EA V3.11 is a professional MetaTrader 4 Expert Advisor specifically optimized for XAUUSD (Gold) trading. Unlike conventional grid or martingale systems, this EA uses a unique 30-period Sniper Arrow signal combined with a higher timeframe trend filter to generate high-probability entries. With a proven backtest showing a profit factor of 1.72 and maximum drawdown of only 15%, the Sniper EA V3.11 has established itself as a disciplined, rule-based trading tool for gold enthusiasts.

⚙️ Key Features

• 🎯 30-Period Sniper Arrow Signal – Generates precise entry points on H1 chart
• 🚫 No Martingale, No Grid – Every trade has a fixed 80-pip stop loss
• 📉 50-Point Trailing Stop – Activates after 50 points profit to lock in gains
• ⏰ Smart Time Filter – Avoids trading during high-impact news and market gaps
• 🖥️ VPS Ready – Designed for 24/5 uninterrupted operation
• 📊 Backtest Verified – 475 trades, 58.95% win rate, $818.38 net profit from $500 deposit
• 🔄 Dual Mode Operation – Can run as pure scalper or trend follower

⚙️ Recommended Settings

• 📌 Pair: XAUUSD (Gold / US Dollar)
• ⏱️ Timeframe: H1 (1-Hour Chart) – Mandatory for optimal signal accuracy
• 📏 Lot Size: 0.01 per $1000 account balance
• 🛑 Stop Loss: 80 pips (fixed)
• 🏃 Trailing Stop Distance: 50 points
• 📈 Maximum Spread: 35 points
• 🔒 Martingale Mode: Disable
• 🌐 H4 Trend Filter: Enable
• ⏲️ Time Filter: Enable (Avoids 23:00 – 01:00 GMT)
• 💻 Minimum Deposit: $250
• ⚡ Leverage: 1:200 or higher
• 🏦 Broker Type: ECN with low gold spreads (under 20 points)

✅ Advantages

• ✔️ Defined Risk Per Trade – Fixed 80-pip stop loss on every position
• ✔️ No Dangerous Strategies – No martingale, no grid averaging
• ✔️ Optimized for Gold – Specifically calibrated for XAUUSD volatility
• ✔️ Low Drawdown – Backtest shows only 15% maximum drawdown
• ✔️ Works on Small Accounts – $250 minimum deposit to start
• ✔️ Transparent Logic – Arrow-based system with no repainting

❌ Disadvantages

• ❌ Requires VPS – Needs 24/5 uptime for trailing stop to function
• ❌ Spread Sensitive – Performs poorly with brokers having gold spreads above 35 points
• ❌ Not Fully Hands-Off – Requires occasional monitoring of margin levels
• ❌ News Vulnerability – Should be turned off during major economic releases (NFP, FOMC)
• ❌ ECN Broker Required – Standard market maker brokers may manipulate spreads

🌐Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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Telegram Group: Join our community

Disclaimer:

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.