Sniper Forex System

This is a discussion on Sniper Forex System within the Forex forums, part of the Markets category; Originally Posted by RuMouR I'm using an EA that will enter the trade when all 5 signals are met at ...

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Old Oct 12, 2009, 1:16am   #2045
 
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Quote:
Originally Posted by RuMouR View Post
I'm using an EA that will enter the trade when all 5 signals are met at the beginning of the candle. You can set TP/SL and the number of trades as you desire. It's a good help when you don't (or can't) want to act on the alerts all the time or are away from your console for whatever reason (sleep, work, etc).

After entering of the trade(s) I sometimes let the EA do it's work or manually manage it from there. It also enters and exits trades while I'm asleep...
It's good to hear that there is allready an EA for this system. But you wrote that it enters at candle close/open, but the manual says:

"Do NOT wait until the end of the bar/candle to enter the trade,
enter precisley when all conditions have been met."

I've checked a lot of entry signals and sometimes lots of pips could go to waste if we have to wait utnil candle closes.

Can this EA enter trades at the moment when all conditions are met? Or if not, is there a way to do it to enter? It would really took the pressure off by always being in a standby for the "perfect" entry. An EA should do the trick, but only for a clean entry. I would do the rest.
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Old Oct 12, 2009, 1:29am   #2046
 
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Automatic EA

Where do you get the Automatic EA

Quote:
Originally Posted by stevespray View Post
I have SF set up on the 1 hour GBPUSD. Im using the automatic EA which opens and closes the trades for me. Can manual users confirm that a trade opened this morning long at 1.8617?

Many thanks,
Steve.
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Old Oct 12, 2009, 1:32am   #2047
Joined Aug 2009
EA from pircj open if all indis agree

Quote:
Originally Posted by szt0495 View Post
It's good to hear that there is allready an EA for this system. But you wrote that it enters at candle close/open, but the manual says:

"Do NOT wait until the end of the bar/candle to enter the trade,
enter precisley when all conditions have been met."

I've checked a lot of entry signals and sometimes lots of pips could go to waste if we have to wait utnil candle closes.

Can this EA enter trades at the moment when all conditions are met? Or if not, is there a way to do it to enter? It would really took the pressure off by always being in a standby for the "perfect" entry. An EA should do the trick, but only for a clean entry. I would do the rest.
hi szt0495,

read post 1870 and around

cheers
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first is all about Mindset 90%, then come Money Management 9% and the last is the Trade System
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Old Oct 12, 2009, 1:36am   #2048
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Originally Posted by Tashi View Post
Where do you get the Automatic EA
hi Tashi,

for you the same as for szt0495, read the postings before , 1870 and around

cheers
__________________
all my time infos are GMT +7 , charttime at pics will be broker time Alpari UK.
first is all about Mindset 90%, then come Money Management 9% and the last is the Trade System
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Old Oct 12, 2009, 1:41am   #2049
 
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What Currency Pairs Are You using?

Hi I have just started using Sniper with the GBP/US on the 1 hour chart. I find using that pair works well. I have been wondering what other pairs trend as well as the GBP/US maybe the Swissi How have you been doing with the other pairs. Thanks


Quote:
Originally Posted by wilmer55 View Post
Don't know about the automated side. When I looked through the website I didn't see one. Best thing is to send them an email asking the question. Gary will respond promptly. The length of the average trade is up to the individual. You can get out when you want. They don't set you a target, that is your call. Your are only given an entry point and a stop loss point. The trade is then managed by the SL moving.

As an example, I have entered 3 trades triggered by Sniper this morning. All three are currently positive. I want to make 100 pips today. Once reached I will be out. However, I could take a double position. One with a target and the other to ride the trade and trail the SL so if the positions continue to go the pips keep on coming.

In answer to the question relating to the news I have trialed it for a week now and am up a shed load of pips but I have it set up on 6 currency pairs and it seems to be working.
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Old Oct 12, 2009, 1:45am   #2050
 
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Originally Posted by fx_eagle View Post
hi Tashi,

for you the same as for szt0495, read the postings before , 1870 and around

cheers
Thanks fx_eagle!

I've just downloaded it, but as I see it, this EA still opens trades on candle close. But seems to be a good EA.

The best way should be to open positions at the moment when all conditions are met.

Cheers!

BTW: I'm sitting in 200 pips on gbpusd since friday morning

Loooove this system
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Old Oct 12, 2009, 1:45am   #2051
 
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Alerts

I tried all kinds of things to get the alerts to work on the MT4 platform, It was suggested that Bluebottle worked but I opened an account and could not get it to work, so I ended up using a POP3 account using Outlook. I corresponded with Gary at Sniper, he is very helpful and he always gets right back to you. I am very impressed with his system. I do not believe that an auto system is even being considered. Thanks Tashi

Quote:
Originally Posted by wilmer55 View Post
The best thing to do is send an email to Sniper and ask them. In his web info he talks about using IG so I am assuming that it can be run on a deom account and your entry done on a different platform. I personally have set up an account on Alpari for mine but the best thing to do is drop Sniper an email.

Regarding email alert I have exactly the same problem but haven't done anything about it as I am only trading when I am at my desk and have Sniper set up on seperate screen.
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