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Sniper EA V3.11 UNI 2

Sniper EA V3.11 UNI 2 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 3.11. Its source code uses a trend filter. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example comment (default Sniper_TMA), Indicator Name (default super-arrow-indicator) and Buy Buffer (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) 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 · MT4 · v3.11 · Free

About Sniper EA V3.11 UNI 2

Sniper EA V3.11 UNI 2 is an expert advisor (trading robot) for MetaTrader 4 based on Trend. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Comment, Indicator name and Buy buffer. MQL source code included.

It also can size trades from your balance and risk percent.

Files in the download: SniperEA-V3.11_UNI.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
CommentSniper_TMAcomment to display in the order
Indicator namesuper-arrow-indicator
Buy buffer0
Sell buffer1
Magic1234magic number required if you use different settings on a same pair, same timeframe
MoneymanagementMoney Management
Lots0.1lots size
Lotsoptimizedfalseenable risk management
Risk1risk in percentage of the account
Minlot0.01minimum lot allowed by the expert
Maxlot10maximum lot allowed by the expert
Lotdigits21 for minilot, 2 for microlot
OrdersmanagementOrder Management
Oppositeclosetrueclose the orders on an opposite signal
Reversesignalsfalsereverse the signals, long if short, short if long
Maxtrades100maximum trades allowed by the traders
Tradesperbar1maximum trades per bar allowed by the expert
Lstoploss80long stop loss
Sstoploss80short stop loss
Ltakeprofit0long take profit
Ltakeprofit20long take profit 2
Ltakeprofit30long take profit 3
Ltakeprofit40long take profit 4
Ltakeprofit50long take profit 5
Stakeprofit0short take profit
Stakeprofit20short take profit 2
Stakeprofit30short take profit 3
Stakeprofit40short take profit 4
Stakeprofit50short take profit 5
Trailingstart50profit in pips required to enable the trailing stop
Trailingstop50trailing stop
Trailingstep10margin allowed to the market to enable the trailing stop
Breakevengain0gain in pips required to enable the break even
Breakeven0break even
AdvordersmanagementAdvanced Order Management
Closeonarrowsfalsetrue=we exit on arrows
Autostopfalsetrue=stoploss based on the sniper stopv2, false=stoploss not based on the sniper stop v2
Autostopmargin0margin to add to the autostop, positive value=value to add, negative value=value to withdraw
Minimumstop300minimum stop loss when autostop is enabled
Maximumstop1000maximum stop loss when autostop is enabled

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Trend · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria