Fx Sniper Updated MT5 System
From the Old Kings archive: Fx Sniper Updated MT5 System, an indicator for MetaTrader 5. In the code it works with ZigZag. It draws arrows on the chart. It has 18 settings, for example Period1 (default 5), Deviation1 (default 1) and Backstep1 (default 3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 indicator 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.
Indicator · MT5 · v1.0 · Free
About Fx Sniper Updated MT5 System
Fx Sniper Updated MT5 System is an indicator for MetaTrader 5 based on ZigZag. It draws buy and sell arrows on the chart. It has 18 settings, such as Period1, Deviation1 and Backstep1. MQL source code included.
Files in the download: FREE TRADING SYSTEMS AND INDICATORS.url, Level ZZ Semafor (1).ex5, Level ZZ Semafor (1).mq5, ZigZag (separate).ex5, ZigZag (separate).mq5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period1 | 5 | Number of bars in the calculation |
| Deviation1 | 1 | |
| Backstep1 | 3 | Distance between orders |
| High symbol1 | 159 | |
| Low symbol1 | 159 | |
| Period2 | 13 | Number of bars in the calculation |
| Deviation2 | 8 | |
| Backstep2 | 5 | Distance between orders |
| High symbol2 | 108 | |
| Low symbol2 | 108 | |
| Period3 | 34 | Number of bars in the calculation |
| Deviation3 | 21 | |
| Backstep3 | 12 | Distance between orders |
| High symbol3 | 163 | |
| Low symbol3 | 163 | |
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
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 → Indicators.
- 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 indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · ZigZag · MT5 Indicator · MQL5 Source Code