SniperEA V3.11 MT4

SniperEA V3.11 is an Expert Advisor for MetaTrader 4 designed to capture short- to medium-term moves using a blend of price action triggers, volatility filters, and session-based logic. The updated 3.11 version fine-tunes its entry and exit algorithms for even sharper accuracy, while enhancing money management features to make it prop-firm friendly.

Key goal: fewer trades, higher quality setups, and a consistent profit curve.

How It Works

Market Scan:
Constantly monitors predefined pairs for volatility surges, breakout patterns, and retracement levels.
Precision Entry:
Once all conditions align — trend direction, volatility threshold, and signal confirmation — the EA executes an order instantly.
Risk Management:
Applies a fixed stop loss, trailing stop, and risk-per-trade settings, adapting lot size to your account balance.
Exit Logic:
Can close trades at a fixed target, trailing stop, or when reversal conditions trigger.
Session Awareness:
Avoids low-liquidity times, focusing on London and New York overlaps for cleaner moves.

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Key Features

High-Probability Entries – Only trades when multiple conditions align.
Advanced Money Management – Risk %, fixed lots, or equity-based.
Built-In Spread Filter – Avoids costly entries in volatile spreads.
Time & Session Filters – Trade only when liquidity is optimal.
Trailing Stop Function – Lock in profits as price moves in your favor.
Multi-Currency Support – Run on several pairs without interference.
Prop-Firm Friendly – Configure daily drawdown and risk caps.
No Martingale/No Grid – Pure calculated entries, minimal risk escalation.
Email/Push Notifications – Get trade updates on the go.
Lightweight Execution – Runs smoothly on VPS with minimal resources.

Recommended Settings

Pairs: EURUSD, GBPUSD, USDJPY for best liquidity.
Timeframe: M15 or H1 for balanced signal quality and trade frequency.
Minimum Deposit: $300+ for micro/cent accounts; $1,000+ for standard.
Leverage: 1:100–1:500 depending on broker rules.
Risk Per Trade: 1–2% for steady growth.
Trading Sessions: London and NY overlap recommended.

Installation Guide

Download the SniperEA V3.11 MT4 file.
Open MT4 → File → Open Data Folder → MQL4 → Experts.
Paste the EA file inside Experts.
Restart MT4 or refresh the Navigator window.
Attach the EA to your chosen chart and timeframe.
Adjust lot size, risk %, and filters according to your strategy.
Enable AutoTrading (smiley face on chart should be active).

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Backtest & Forward Testing

Use Every Tick mode for accurate results.
Apply realistic spreads from your broker.
Test at least 12 months of data for consistency.
Run demo forward tests for 2–4 weeks before going live.

Trading Tips for Best Results

Choose Quality Over Quantity: The EA is designed for patience. Let it wait for perfect setups.
Avoid Overloading Charts: Start with 1–3 pairs, then expand.
Monitor During News: Pause during high-impact events like NFP or FOMC to avoid slippage.
Withdraw Profits Regularly: Keep your account safe from unexpected market shocks.

Why Traders Like SniperEA V3.11 MT4

Simple to install and configure.
Prioritizes accuracy and safety over trade volume.
Works with both small and large accounts.
Suitable for manual oversight or fully automated operation.
Compatible with prop trading firm rules.

Final Thoughts

If you’re tired of EAs that flood your account with trades or rely on dangerous recovery strategies, SniperEA V3.11 MT4 is a refreshing alternative. With its precision-first logic, strong risk controls, and no-nonsense execution, it’s built for traders who value quality over quantity.