🧩 Introduction
The FX Sniper Autopilot EA is an advanced automated trading solution meticulously crafted by FX Sniper 24. Designed for the MetaTrader 4 (MT4) platform, this Expert Advisor (EA) aims to optimize trading activities by executing trades with strategic precision. It’s suitable for both Forex and XAUUSD markets, offering traders a sophisticated approach to automation.
📊 Trading Strategy Overview
FX Sniper Autopilot EA employs a trading strategy based on key support and resistance levels combined with the Relative Strength Index (RSI) to identify precise entry points for buy or sell orders. When the market moves against the position, the EA utilizes a Martingale recovery method and executes a “close all” function to manage trades efficiently. Designed for the H1 timeframe, this EA is optimized for medium-term trend analysis and delivers consistent performance in varying market conditions.
⚙️ Key Features
- Fully Automated Trading: Executes trades without manual intervention.
- Platform Compatibility: Designed for MetaTrader 4 (MT4).
- Timeframe: Optimized for the H1 chart.
- Asset Support: Compatible with any currency pair and supports trading in both Forex and Xauusd markets.
- Minimum Deposit: Starts from $100 to $1000, depending on the account type (Cent, Micro, or Standard).
⚠️ Precautions & Recommendations
- Demo Testing: Before deploying on a live account, it’s advisable to test the EA on a demo account to understand its behavior.
- Market Conditions: Avoid using the EA during high-impact news events, as market volatility can affect performance.
- VPS Usage: For uninterrupted operation, consider running the EA on a Virtual Private Server (VPS).
✅ Important Usage Tips
- Installation: Ensure that automated trading and DLL imports are enabled in the MT4 settings.
- Optimization: Regularly review and adjust the EA’s settings to align with current market conditions.
- Support: Utilize the provided indicators and templates for enhanced trading strategies.
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