Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Pip Sniper Pro

pip-sniper-pro-logo-200x200-6048
199.00 USD141.29 USD

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Information

Experts
MetaTrader 5
Cao Wang
2.28
10

Overview

Pip Sniper is a scalping system which tries to catch small profit for long term investment.

You may try demo version. here


Features:

  • You can put all currency pairs in one chart.
  • Pip Sniper try to catch profit in middle night when Standard Deviation is very low.
  • This EA prefers time period M15.
  • This EA will close before Friday evening and open in Monday evening.

 Settings:

  • EA Magic Number:EA Magic number.
  • Trade Pairs:Symbol pairs. Upper case only. Splitting by ",". If no symbol or one symbol assigned, EA will trade in current symbol.
  • Trade Open Hour: 23.
  • Trade Close Hour: 1.
  • Modify Stop Loss Point:float stop loss lever。
  • Stop Loss Percent: Max SL percent.


  • Risk Control Strategy: Fix_Lot, Dynamic_Lot
  • Fix Lot: The value of fix lot.
  • Dynamic Lot: Increase 0.01 volume by dollas. ex. Step is 25, balance is 500, lot volume is 0.2 (500/25*0.01)
  • Limit Max Volume: Maxium lot limitiion.
  • Adjust volume by lost: Reduce lot by loss counter.
  • Cost of  per deal: cost of deal. Depend on your broker.
  • PreBars:Pre-Bars.
  • TpPercent:Take Profit percentage. It works with Test Bars.
  • Moving Average Period: 9
  • Moving Average Shift: 0


Tips:

  • Try all parameters to fit your broker.
  • Try currency pairs one by one. Then pick out best pairs, combind together.
  • Key parameters are: Pre-Bars, Take profit percent, Lot Risk.









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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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