The Sniper trading strategy created a great amount of information noise for itself.
A simple strategy without indicators, which was based on simple price patterns, such as accumulation and distribution, was sold for a great deal of money.
Moreover, many dealing centers conducted webinars, training their clients with similar tactics.
However, through the commercial warehouse strategy, it has succumbed to great criticism.
Despite this, the famous “Safe” rule, which protects the trader’s savings, has become popular among traders, so that this approach has become something of a novelty in capital management.
In practice, a similar approach to working with orders is similar to that of the Pochatkovtsy, so the program created a special radar called Snipper, which allows you to implement it in practice.
Radnik Snipper is an automatic expert whose main task is to unwind the trader’s strategy based on the variations of the so-called “Safe” rule, as well as different positions, which are combined with the “Safe” rule, which is not Yuvalo.
Please note that the expert does not analyze the market with a sniper strategy, but is a primary assistant for implementing the popular approach to capital management.
It is also important to note that the radar works as best it can and on any time frame, which can be a clear addition to your strategy.
Installation of the Snipper radar
Radnik Snipper must be sent to the radniks of the koristuvach assistants, so you will not be able to use this robot in the regular MT4 trading platform.
In order to speed up the process, it is necessary to download the expert file for instructions, such as statistics, and then proceed with the procedure for installing it into the trading platform.
The procedure for installing the Snipper radar follows the standard scheme and does not differ in any way from installing any expert, and you yourself will need to drop the encrypted file into a separate folder in the terminal data directory.
In order to launch the data catalog, open your MT4 trading platform and go to the “File” menu in the top left corner. You may see a list of options, from which you can find and run “Open data catalogue”.
After opening the directory on the screen of your monitor, a list of system folders of the platform will appear, among which you will find a folder called expert and drop the Snipper radar file into it.
In order for the terminal to download the installation file, you must close the data directory and make updates in the “Navigator” panel or restart the trading terminal.
After updating Snipper, you will see the list of robots, and in order to quickly access it, just drag the name of the robot onto the chart:
Robotic radar algorithm. More practical setup and adjustment
As we have already noted, the sniper radar is completely automatic, but it does not open orders at all.
To open orders on a chart, there is a special panel with buttons that, when clicked on any expert, will simultaneously open two orders with an aggregate position.
Radnik follows the “Safe” rule, the essence of which is to uncover hidden plans between two orders, in order to avoid any possible difference of purpose. It is certain that the price will be richer when it comes to the nearest point, but it is also farther away.
So, the radar changes profit and stop in such a way that if the first order goes to your order, and the other closes according to the stop order, you will go to zero.
There is also a “Rozgin” button on the panel, which reverses your position with a large lot, as a signal appears at the back after one of the orders is closed.
So, in the “TakeProfit” row you can change the position target in points, and in the “StopLos” row you can change the stop order values in points for both orders.
In the “Total lot” row, you can enter a position description that can be divided into two positions by the same lot. If you do not want the expert to enter the markets with two orders, select False in the “Open two orders” row.
However, this time the expert often closes positions when the first mark is reached.
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Trades the same system and strategy – Sniper . The system itself requires the trader to have maximum respect for and adherence to these rules, which are necessary for safe entry into the market.
To begin with, a trader needs to know the equal support and support of a currency pair - on the M30 or H1 time frames. Then you need to go to the M5 and find the entry points to the market beyond these levels. Once the points have been found, you can enter the market by opening two orders at once - the “Safe Rule”.
The first half of the order will be closed in a small plus, so that this plus is in excess of the price (and even better, so that it will be more), as it turns out that the orders are closed in the wrong direction, and the other part will be closed by stop loss. Then you do not take away either the plus or the minus. With the right approach, there will be immediately 2 pluses for both reasons.
If two markets are opened at the same time, the trader must immediately specify TP/SL for them. It doesn’t take a lot of time to get started, but a little extra help wouldn’t bother you (so that the schedule doesn’t change and you don’t end up in a market with different prices).The axis is just for such trading, and more precisely, for the purpose of achieving both goals, you simply need the Sniper radar. This guide is not automatic and you won’t be able to trust your trade. I will carry out further analysis of the market and find the entry point until the trader himself can work on it. The Sniper radar only helps the merchant to automatically open the site.
Once again, after a quick restart, drag the robot onto the chart and go to the settings tab.
Take profit – adjustment, which indicates the size of take profit another order. Tefprofit first is more expensive than stoploss.
Stoplos - adjustment, which indicates the size of the stoplos, and the size for two orders.
Sumarniy lot – the hidden display of the lot for two orders at once. Setting up Open 2 orders? the guilt is in the true position.
Open 2 orders?
– as stated (true) and adjusted sum lot the value indicated is 2.00, then Sniper opens 2 lands, and covers the skin's half of the total lot, then 1.00Stop loss of the rozgin order
- Adjustment, which flows into the fireplace of the rozginnogo lot.Magic number
-Magic number of the radiator (in the skin). Necessary to ensure that robots do not confuse their orders with those of others.Cut graphics for linking- this is the place on the chart of the currency bet, in which the Sniper window will be expanded with all its buttons. By default, he’s right-handed.
After analyzing the market with the Sniper strategy on the M30-H1 intervals and knowing the market entry point, the trader switches to the M5 timeframe and presses the Buy or Sell button on the radar. Immediately after the pressure, the Sniper radar opens 2 sites with the same lot size and stop loss, as well as various take profits.
As soon as the price reaches the first TP order, it will close in plus, and the other order is still traded on the chart, following the “Safe” rule. If another order turns out to be a plus and is closed by TP, then with the settlement of default settlements, there will be an additional profit of 45 pips (15 gives the first order and 30 gives the other). If the price does not have enough pressure to move another TP and the chart flares up at the gate, then another order will go to the SL level and close there. Tim himself can see that the Sniper leader has the highest number of beats, since the loss from another order is compensated by the profit from the first.
If the first order is closed by TP, you can activate the function – Rozgin. Then the robot Sniper will please the gatekeeper directly. The SL of this order is set in the radar parameters. The expansion of the size of the lot of this order will be such that when the SL is closed, there will be a profit, although not great, but still a plus. And if you want to catch the price directly, then the profit will be an order of magnitude greater. There is also a button on the panel – Close All – which closes all open areas at the current moment and at the current price. If you know that the result is already a plus and, in addition to the primary orders, it is also expanded (with a profit), then you can safely press on it.