Market / MetaTrader 4 / Utilities /

FTMO Sniper 4

3 500 USD

Demo downloaded: 66

Published: 12 June 2023

Current version: 121.1

FTMO Sniper 4

Utilities
Vyacheslav Izvarin
Version: 121.1
Updated: 19 April 2024
Activations: 5

Dedicated for FTMO and other Prop Firms Challenges 2020-2024

Trade only GOOD and checked PROP FIRMS

Default parameters for Challenge $100,000
Best results on GOLD and US100
Use any Time Frame
Close all deals and Auto-trading before US HIGH NEWS, reopen 2 minutes after
Close all deals and Auto-trading before Weekend at 12:00 GMT+3 Friday
Recommended time to trade 09:00-21:00 GMT+3
For Prop Firms MUST use special Protector https://www.mql5.com/en/market/product/94887

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Parameters:

1. Lots: Initial lot size for opening positions

2. Multiplier: Factor for increasing lot sizes in martingale strategy

3. MaxLot: Maximum allowed lot size to limit risk exposure

4. VirtualTP: Enable/disable hidden take profit feature

5. TP: Take profit level in points

6. PipStep, PipStep2, PipStep3: Distance in points for opening additional positions

7. CCITF: Timeframe for CCI indicator calculation

8. CciBuy, CciSell: CCI levels for buy and sell signals

9. MaxTrades: Maximum number of allowed open positions

10. StopEquity: Minimum equity level to continue trading

11. EquityDD: Maximum allowed drawdown percentage

12. UseHedge: Enable/disable hedge protection feature

13. HedgeLvLOp: Equity percentage to trigger hedge position opening

14. HedgeVolMult: Multiplier for hedge position volume

15. HedgeLvLCl: Equity percentage to close hedge and main positions

This EA combines proven trading strategies with innovative risk management features, making it suitable for both beginners and experienced traders. Its ability to adapt to market conditions and protect your account makes it an excellent choice for trading in the volatile gold market.

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RISK disclaimer

Past performance does not guarantee future results. Please use a demo account to familiarize yourself with the EA's features and optimize settings before live trading.

Rules:

Sniper Lot size

50K = 0.03 (min 0.01 max 0.05)

100K = 0.06 (min 0.02 max 0.10)

RULE #1: Close all the open trades and disable auto-trading at least 30-60 minutes before the HIGH IMPACT NEWS EVENTS on the relevant Instrument. I personally recommend getting out even 2 hours before the news, especially if you already have no open trades or low drawdown.

RULE #2: If you have any instances open from trades that started and have gone beyond 26 hours in open trades, you MUST CLOSE THESE and take a loss if that is the case. NO instances should be open for more than 26 hours.

RULE #3: Never manually close just 1 of the trades that have been placed. If you close 1 trade, you must close ALL trades to complete the instance.

RULE #4: Never change Parameters if you have open orders. For example, if you have open trades and you want to change the lot size, you must WAIT until all open trades are closed and there are no active trades!

RULE #5: Before starting any trading, you must know all the parameter, settings, VPN, test on a demo, etc before going LIVE. Patience is key! Research and analysis will bring success! Rushing will bring defeat!

Key Features:

1. Smart Entry System:

§ Uses mix of indicators, like CCI (Commodity Channel Index) for trend identification and entry signals

§ Customizable CCI parameters for fine-tuning to market conditions

§ Multiple timeframe analysis for confirmed entries

2. Dynamic Position Sizing:

§ Starts with a base lot size and increases position size strategically

§ Maximum lot size limit for risk management

3. Advanced Martingale Strategy:

§ Opens additional positions at predefined price levels

§ Three customizable step levels for precise control

§ Adapts to market volatility using ATR (Average True Range)

4. Virtual Take Profit:

§ Hidden take profit levels to avoid broker manipulation

§ Closes positions automatically when profit target is reached

§ Separate take profit levels for buy and sell positions

5. Innovative Hedge Protection:

§ Automatically opens hedge positions to protect profits

§ Customizable trigger levels based on account equity

§ Option to close both main and hedge positions at profit targets

6. Equity Protection:

§ Stops trading if account equity falls below specified level

§ Equity drawdown limit to preserve capital

7. Flexible Trade Management:

§ Option to close all positions after a specified time

§ Maximum number of simultaneous trades for risk control

§ Spread check to avoid trading in high-spread conditions

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Partial Closure EA MT4 can close partially any trade(s) on your trading account, manually by a certain percentage % of lot size and/or trade ticket or automatically in percentage % of TP/SL level for a percentage % of initial lot size in 10 take profit and 10 stop loss levels . It can manage all or any of your account's trades, by specify or exclude certain magic number or symbol trades. Tip: Download the free demo version of the Partial Closure EA MT4 and try it on your demo account: here Paste

30 USD

Have you bought a trading advisor, subscribed to a signal, or are you trading manually ?! Don't forget about risk management. EA Hedger is a professional trading utility with many settings that allows you to manage risks using hedging. Hedging is a trading technique that involves opening opposite positions to those already open positions. With the help of hedging, the position can be completely or partially blocked (locked). Why is it profitable to buy this product: Reliability - the advis

59 USD

The Expert Advisor will protect your account from unexpected losses by constantly monitoring the equity and follow the rules as per input in the parameters. When the rules are breached the EA will close all trades. You can set the EA to close all trades at a certain percentage or money loss, or to close at a certain percentage or money profit. This utility is very useful for Prop Trading Challenges to keep the draw down low and to protect your equity! My signals and other products can be f

30 USD

GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!! Features: It is capable to send h

65 USD

ADAM EA Special Version for FTMO Please use ShowInfo= false for backtesting ! Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only Use 15MIN Time Frame Close all deals and Auto-trading before Weekend at 12:00 GMT+3 Friday For Prop Firms MUST use special Protector https://www.mql5.com/en/market/product/94362 -------------------------------------------------------------------------------

2 700 USD

ADAM EA Special Version for FTMO Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only Use 15MIN Time Frame Close all deals and Auto-trading before Weekend at 12:00 GMT+3 Friday For Prop Firms MUST use special Protector https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------

2 700 USD

PROTECT YOUR FTMO Account in a simplest way Must-Have Account Protector for any Prop-trading Account and Challenge MT4 / MT5 Expert Advisor that protects your Forex Prop Trading account from an unexpected drawdown! FTMO Protector is a Tool that lets you manage trades and control your profit and loss across multiple Robots and currency pairs using a simple parameters and settings. Use as many EAs and Instruments you need, the Protector will: 1. Calculate your midnight (01:00 System time) Bal

300 USD

Introducing the Complete Moving Average EA , a robust and user-friendly Expert Advisor designed for both novice and experienced traders looking to automate their trading strategies within the MetaTrader 4 platform. Utilizing a proven moving average crossover strategy, this EA deftly identifies trends and opportunities in the market, enabling you to make informed trading decisions without the need for constant manual monitoring. Key Features: Dual Moving Averages: The EA employs a simple yet

250 USD

ADAM EA Special Version for FTMO Please find new Version here https://www.mql5.com/en/market/product/113326 Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only Use 15MIN Time Frame Close all deals and Auto-trading before Weekend at 12:00 GMT+3 Friday For Prop Firms MUST use special Protector https://www.mql5.com/en/market/product/94362 ------------------------------------------------

2 800 USD

Dedicated for FTMO and other Prop Firms Challenges 2020-2024 Trade only GOOD and checked PROP FIRMS Default parameters for Challenge $100,000 Best results on GOLD and US100 Use any Time Frame Close all deals and Auto-trading before US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading before Weekend at 12:00 GMT+3 Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector https://www.mql5.com/en/market/product/94362 ------------------

3 500 USD

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Version 121.1 2024.04.19

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Version 23.7 2024.02.26

Good luck to pass fast