Exp TickSniper Pro EA V19.802 is a high-speed tick scalper designed for MetaTrader 4. Developed based on nearly a decade of EA programming experience, this expert advisor (EA) automatically selects parameters for each currency pair.

 

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Exp TickSniper Pro EA V19.802: A Smart Scalping Solution

 

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Introduction

 

The Exp TickSniper Pro EA V19.802 is an advanced MetaTrader 4 expert advisor designed for high-speed tick scalping. Whether you’re an experienced trader or just starting out, this EA offers automated trading with a focus on short-term gains. Let’s dive into the details!

 

Key Features

 

Minimum Deposit:

 

1. Start with as little as $100.

 

 

• Recommended: Consider a deposit of $500 for optimal performance.

 

 

Timeframes:

 

1. Suitable for timeframes ranging from M5 (5-minute) to H1 (1-hour).


2. Adjust the timeframe based on your trading preferences and risk tolerance.

 

 

 

Supported Currency Pairs:

 

1. The EA is optimized for the following pairs:

 

 

• EURUSD


• USDJPY


• USDCHF

 

 

Strategy Overview:

 

1. Smart Trailing Stop: The EA dynamically adjusts stop loss levels based on real-time data for each currency pair.


2. Averaging Strategy: To mitigate losses caused by signal detection, the EA uses an averaging approach.

 

 

• Stop Loss Management:


• If an open position incurs a certain loss, the EA triggers the averaging function.


• Extreme cases involve stop loss placement for positions opened by TickSniper.


• Take Profit and Trailing Stop:


• The system automatically defines favorable take profit levels.


• A trailing stop is applied to cumulative positions (series of open positions).


• Breakeven Point:


• If a position goes into profit, the EA sets a breakeven point.


• Rolling back prices trigger position closure at breakeven.

 

 

Spread Calculation:

 

• The EA calculates the spread by averaging the last ticks.


• This ensures accurate execution and risk management.

 

 

What’s in the package?

 

• Experts : TickSniper v19.80 MT4 build 1420.ex4