What is FT Sniper EA MT5?
FT Sniper EA MT5 is a MetaTrader 5 expert advisor that integrates Commodity Channel Index signals with sophisticated grid trading logic to automate forex position management. The system demonstrated consistent performance across verified FTMO challenge accounts, generating profits ranging from 5-10% while maintaining structured risk control through configurable equity protection parameters.
Key Takeaway
• Algorithm Overview: Employs CCI indicator on 15-minute timeframe with -115.0 buy threshold and 130.0 sell threshold, executing initial trades on H1 charts with comprehensive parameter customization including lot sizing, pip steps, and maximum trade limits
• Grid Strategy Components: Three-tier pip step system (20.0, 42.0, 50.0 pips) manages position additions, while 1.25 multiplier increases lot sizes for cost-averaging approach, capped at 33 maximum simultaneous trades with 14.0 maximum lot size per order
• Integrated Risk Framework: Features configurable 90-pip take profit, hidden TP option, equity drawdown percentage stops, absolute equity level protection, and optional hedge logic – though users must activate these protective features as they default to disabled
• FTMO Challenge Results: Three verified accounts showed $20,000 profits on $200,000 capital (10% return) and £3,500 on £70,000 capital (5% return), with maximum loss figures matching profit levels indicating full drawdown utilization
• Automation Benefits vs Considerations: Provides 24/5 hands-free trading eliminating emotional interference and time constraints, but grid multiplication approach can rapidly escalate exposure during sustained adverse price movements
• Strategic Risk Profile: Cost-averaging methodology offers recovery potential from temporary drawdowns, but extended trending markets against positions can trigger exponential loss accumulation requiring immediate intervention
Recommendations for FT Sniper EA MT5
• Trading Platform: MetaTrader 5 (MT5) native compatibility – historical performance data from MT4 suggests cross-platform strategy effectiveness
• Currency Pairs: “Any pairs” supported with EUR/USD, GBP/USD, and other major pairs recommended for optimal liquidity and spread conditions essential for grid execution
• Account Types: ECN accounts preferred for minimal slippage critical to grid strategies, though Standard accounts compatible with proper broker selection
• Timeframe: H1 chart attachment recommended while EA processes CCI calculations internally on 15-minute timeframe for signal generation
• Trading Sessions: Continuous 24/5 operation designed for all market sessions – no specific time restrictions apply
• Leverage Requirements: 1:100 to 1:200 leverage recommended – excessive leverage dramatically amplifies both profit potential and catastrophic loss risk, particularly dangerous with lot multiplication features
• Capital Requirements: $500 minimum deposit specified, but $3,000+ strongly advised considering maximum 33 trades with 1.25 multiplier can create substantial margin exposure
FT Sniper EA MT5 Review
FT Sniper EA MT5 delivers systematic trading through CCI-grid integration, producing verified 5-10% returns on FTMO accounts. The matching maximum loss figures highlight aggressive risk exposure, requiring traders to understand grid strategy implications and maintain adequate capital buffers for sustainable operation.
Verified Performance Data:
• Account 2090848691: $20,000 profit, -$20,000 max loss, 2,259 trades over 29 days
• Account 2090848042: £3,500 profit, -£7,000 max loss, 484 trades over 23 days
• Account 2090852960: $20,000 profit, -$20,000 max loss, 630 trades over 29 days
Why Choose FT Sniper EA MT5
• Documented FTMO Success: Multiple verified proprietary firm accounts demonstrate real-world profitability under strict trading conditions, though maximum drawdown levels indicate aggressive capital utilization approaching risk limits
• Advanced Grid Architecture: Sophisticated three-level pip step configuration enables structured position management and recovery potential, but requires thorough understanding of exponential exposure risks during extended adverse movements
• CCI-Based Systematic Approach: Eliminates subjective trading decisions through quantified -115/130 signal levels, reducing emotional interference, though single-indicator dependency may generate false signals during low-volatility or choppy market conditions
• Comprehensive Risk Controls: Multiple layers of protection including equity stops, drawdown limits, and maximum trade caps provide account safety, but these critical features require manual activation from default disabled state
• Professional Parameter Flexibility: Extensive input options allow strategy adaptation to individual risk profiles and market preferences, though configuration complexity demands experienced understanding to avoid dangerous settings combinations
Conclusion
FT Sniper EA MT5 combines proven CCI analysis with structured grid recovery, delivering documented returns while requiring sophisticated risk management understanding. Ideal for experienced traders with sufficient capital and grid strategy knowledge, but potentially unsuitable for beginners due to exponential loss potential during adverse market conditions.
FTMO Sniper EA MT5 Download Packages:
- Link download experts:
- FTMO Sniper EA MT5.ex4
- Presets
FAQs
What is the FT Sniper EA MT5 and what strategy does it use?
What kind of performance has the FT Sniper EA MT5 shown?
What are the minimum deposit and recommended capital for this EA?
What trading platform and account type does it require?
How does the EA manage risk?
What leverage is recommended for trading with this bot?
Which currency pairs and timeframes work best with this bot?
Is this strategy suitable for beginners?
Does it use grid or Martingale techniques?
Do I need a VPS to run this EA effectively?
Reviews
There are no reviews yet.