Thread: Sniper Forex Expert Advisor

Hi Guys

I spent the entire afternoon, Back testing various options in the EA, with TP & SL and using the TS and BE, and as far as I can see this EA, as it is now, it's a losing battle.

I set the Maxtrades option to 1, as recommended by Paul, but the EA still keeps on opening a new position when the previous one closes out. These new positions is what eventually turns to losing positions and drops the equity.

Funyoo can you please correct this EA, so that it opens up ONLY 1 trade per trend.

This will be the only way we can make use of this EA.

Thanks alot Funyoo, we really appreciate your efforts to help us out.

Regards
Muhammad

Hi Muhammad
I'm using a TP = 100, SL = 120 & TS = 20, but its only experimental its still losing trades, the EA needs to be restricted to 1 trade per trend.
If Funyoo could assist us with that condition then we will have the makings of a good EA.
Regards Paul

Thanks alot,

I'll start testing it and let you know.

regards,
Muhammad

An issue...
The Sniper Forex website has been taken off line.... how to obtain the needed indicators?

Thank you Funyoo, I'll test it on demo.

Hi Funyoo, thanks for the v2 EA which I have loaded up on 4 pairs, this was last friday but to date its not taken any trades, I've checked the experts & journal tabs, everything appears OK.
Having observed the sniper indi's at least 2 or 3 trades should have been entered. Any ideas?
Many Thanks
Paul

Hi Funyoo
Thanks for your very quick reply, it could be me expecting an instant reaction. I'll run it for a few days & see what happens.
Thanks again
Paul

It works fine on my end as well, on Friday opened E/J, E/U and today E/C. All winners on Friday, closed manually and today one trade win and the rest (4 of them) in plus.