Introduction

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.

Key Features

Trend-aligned entry logic to avoid counter-trend trades
Precision scalping and short-term momentum detection
Built-in spread and volatility filters to skip poor market conditions
No martingale, grid, or averaging strategies
Customizable risk management and lot sizing
Optional session and time-based trading filters

Recommended Settings

Platform: MetaTrader 4
Currency Pairs: EURUSD, GBPUSD, USDJPY (best results on low-spread pairs)
Timeframe: M5 or M15
Risk per trade: 0.5% to 1% for conservative trading
Account type: ECN or RAW spread preferred
VPS: Recommended for stable execution

Backtest Result

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.

Advantages

Focuses on quality trades instead of high trade frequency
Lower risk profile compared to grid or martingale systems
Strong filtering reduces exposure during unstable markets
Suitable for traders who prefer disciplined automation

Disadvantages

Performance depends heavily on broker spread and execution quality
Fewer trades compared to aggressive scalping EAs
Requires proper optimization per broker and symbol
No publicly verified long-term live results available.

Installation Steps

Download the Sniper EA V3.11 file (.ex4 or .mq4).
Open MetaTrader 4.
Click File → Open Data Folder.
Open the MQL4 folder.
Open the Experts folder.
Paste the EA file into the Experts folder.
Close the folder and restart MetaTrader 4.

Setup Steps

Enable AutoTrading from the MT4 toolbar.
Open the recommended currency pair.
Select the recommended timeframe (commonly M15, M5, or H1 depending on configuration).
Open the Navigator panel (Ctrl + N).
Drag Sniper EA V3.11 from Expert Advisors onto the chart.
In the Common tab, check “Allow Live Trading.”
In the Inputs tab, configure:

Risk percentage (recommended 1%–2%)
Lot size (fixed or auto lot)
Maximum spread filter
Stop-loss and take-profit settings (if adjustable)

Click OK to activate the EA.

Support & Disclaimer

Support

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

WhatsApp: Click here

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.