JOINT PURCHASES SNIPER ULTIMATE EA V52 MT4 BUILD 1420+

SNIPER ULTIMATE EA V52 MT4 BUILD 1420+



The Sniper Ultimate EA V52 MT4 is a trading robot designed for MT4.
It operates during the London session and follows a non-indicator trading strategy based on the price movement of a currency pair throughout the day, the previous day, and the entire previous week. Key features include partial closing of trading lots and a spread filter.
The recommended timeframes are M5 and M15.

Strategy

The Sniper Ultimate EA V52 MT4 employs the following strategy:

Moving Averages (MA): The EA uses a combination of short-term and long-term moving averages to identify trend direction. When the short-term MA crosses above the long-term MA, it generates a buy signal. Conversely, when the short-term MA crosses below the long-term MA, it triggers a sell signal.
RSI (Relative Strength Index): The RSI helps gauge overbought or oversold conditions. The EA enters trades when the RSI confirms the prevailing trend.
Fibonacci Levels: The EA considers key Fibonacci retracement levels for potential entry points. It aims to buy near support levels and sell near resistance levels.
Candlestick Patterns: The EA scans candlestick patterns (such as engulfing patterns or doji) to validate entry signals.