Sniper EA V3.11 MT4

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

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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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.