Binary FX💰 Snipper
Binary FX💰 Snipper is an expert advisor (trading robot) for MetaTrader 5 from the Old Kings collection. Its source code uses moving averages, Bollinger Bands and ATR. It places pending orders. It has 10 settings, for example BBPeriod (default 20), BBDeviation (default 2.0) and Fast EMA (default 12). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT5 · v1.0 · Free
About Binary FX💰 Snipper
Binary FX💰 Snipper is an expert advisor (trading robot) for MetaTrader 5 based on Moving Average, Bollinger Bands and ATR. It places pending buy/sell stop or limit orders. It has 10 settings, such as Bb period, Bb deviation and Fast ema. MQL source code included.
Files in the download: snipper package\snipper trader ea.mq5, snipper package\snipper indicator\red this.txt, snipper package\snipper indicator\snipper trader.ex5.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bb period | 20 | BBands period |
| Bb deviation | 2.0 | BBands deviation |
| Fast ema | 12 | fast EMA period |
| Slow ema | 26 | slow EMA period |
| Atr period | 14 | ATR period |
| Atr coeff | 1.0 | ATR coefficient to detect flat |
| Lot | 0.1 | lot |
| Bbtf | PERIOD_M15 | BBands timeframe |
| Matf | PERIOD_M15 | trend detection timeframe |
| Magic number | 245600 | Magic Number |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Experts.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Binary Options · Pending Orders · Moving Average · Bollinger Bands · ATR · MT5 Expert Advisor · MQL5 Source Code