FX Sniper Yellow

FX Sniper Yellow - exclusive leading indicator, intended for trading currencies in the platform.

FX Sniper Yelow can analyze the behavior of market participants and predict changes in price direction before the start of the movement.

Most of the indicators are lagging and are therefore useless. FX Sniper Yellow - a unique leading indicator.

The indicator displays an arrow on the chart (see. The attached screenshot), indicating the likely direction of the price action.

LED FX Sniper Yellow never redrawn. The signal is confirmed after the close of the candle, and added arrow will never disappear.

Input parameters of the indicator:

• UseAlerts (true / false): inclusion notifications


• PopAlerts (true / false): notification pop-up window


• EmailAlerts (true / false): send notifications via email


• PushAlers (true / false): send push-notifications


• SoundAlerts (true / false): notification sound


• SoundFile: audio file for audio alerts.


• The size and color of the arrows are set to Color indicator tab.

trading rules

• Enter the market at the opening of the next bar in a direction signal (SELL / BUY)


• Set the stop level of the top (for sale) or below (buy) signal candles or use a stop-levels based on the ATR.


• Take-profit ratio reward / risk ratio of 2: 1 or 3: 1


• Signals can be filtered to only trade with the trend. Therefore, we recommend the use of Trend Direction UD indicator: https://www.mql5.com/ru/market/product/20315


• Signals the trend filter by request. This is a mandatory requirement.

The indicator can be used on any timeframe.

It can be used to trade , binary options, as well as commodities, , futures, etc.

Free version

You can download a free version of the indicator with the MQL5 Market. Free version only works in the .

Related posts

• 
  

  Scalping Reversal

  
  

  scalping Reversal Scalping Reversal (SR) analyzes the market to find small moments of price correction. It will warn you if it finds an opportunity in...

  
  


• 
  

  Power of Trend

  
  

  Power of Trend LED Power of Trend , based on some of our strategies. It is specifically designed for long-term and short-term trading . Indicator Power...

  
  


• 
  

  YD Trend Line

  
  

  YD Trend Line The indicator is a measure of the market movement. It is not used as a signal to buy / sell. Designed for visual understanding of the...

  
  

Next posts

• RenkoBandMacdDivergence


• TrendfollowerSR


• EMA Dashboard