FXGAIN SNIPER EA MT4 V1.13 with Setfiles

What is FXGAIN Sniper EA?

FXGAIN Sniper EA is an automated MT4 trading system that combines scalping strategies with a grid-based recovery mechanism, operating within customizable time windows to manage risk while pursuing consistent profits. The EA achieved 19.38% gain with 7.43% maximum drawdown in live demo trading, demonstrating its balanced approach to risk-reward management.

Key Takeaway

• Core Strategy: Grid-averaging system disguised as scalping – opens initial trades with 50-point profit targets, then uses incremental positions with doubled distance and lot sizes to recover losing trades
• Risk Management Features: Maximum 3 increments limit, customizable risk percentage (15% default) or fixed lot sizing, time filtering to avoid critical market periods, and trailing stop capabilities
• Verified Performance: Live demo account shows 19.38% gain over tracking period with 7.43% drawdown, monthly growth of 16.97%, though grid strategy inherently carries exponential loss risk during strong trending markets
• Key Benefits with Trade-offs: 24/7 automated execution eliminates emotional trading decisions, but requires high leverage (1:500 used) and substantial capital buffer; consistent profit targeting through recovery system, but maximum loss potential is significant if all increments fail
• Primary Risk: Grid multiplier system can exponentially increase position sizes during sustained adverse market moves, potentially leading to margin calls despite 5000-point safety stop loss

Recommendations for FXGAIN Sniper EA

• Trading Platform: MetaTrader 4 (MT4) exclusively
• Currency Pairs: Any pairs supported – EURUSD and GBPUSD shown in backtests, though volatile pairs may increase grid activation frequency
• Timeframe: M15 and H1 recommended for optimal signal filtering
• Trading Hours: Customizable session times (default 02:00-21:00), avoids critical period around 14:00
• Leverage: 1:500 used in live account – high leverage amplifies both profits and catastrophic loss potential significantly
• Minimum Deposit: $100 stated minimum, though significantly higher capital ($1000+) strongly advised for grid strategy survival during drawdown periods

FXGAIN Sniper EA Review

FXGAIN Sniper EA delivers consistent automated trading through its grid recovery system, achieving 19.38% gains with controlled 7.43% drawdown, though the martingale-style position scaling creates substantial risk during trending markets. Best suited for intermediate traders comfortable with grid strategies and potential floating losses.

Live Trading Results:
• Profit: 19.38% gain with €384 profit on demo account
• Drawdown: 7.43% maximum drawdown with 97.81% equity ratio
• Risk Factor: Grid system uses 2x lot multiplier across 3 maximum increments

Backtest Performance:
• Balance Growth: $55,295 achieved through multi-pair trading
• Recovery System: Internal position drawdown recovery of 0.70%
• Strategy Validation: SNIPER algorithm tested across EURUSD/GBPUSD pairs

Why Choose FXGAIN Sniper EA

• Advanced Grid Recovery: Sophisticated 3-level increment system with distance and lot multipliers provides systematic loss recovery, though exponential position sizing creates significant capital requirements during adverse market conditions
• Time-Filtered Execution: Smart trading hours and critical period avoidance optimize entry timing for scalping opportunities, but strategy effectiveness depends on specific market session characteristics that may change
• Proven Live Performance: Documented 19.38% real account gains with transparent Myfxbook tracking builds confidence, yet demo account results may not reflect live spreads and slippage impact
• Comprehensive Risk Controls: Multiple safety features including maximum increment limits and customizable risk percentage provide operational boundaries, though grid strategy fundamentally carries unlimited loss theoretical potential
• 24/7 Automation: Eliminates emotional trading decisions and enables round-the-clock market participation, but requires constant monitoring of margin levels during active grid sequences

Conclusion

FXGAIN Sniper EA offers a sophisticated automated trading solution combining scalping efficiency with grid recovery mechanisms, suitable for experienced traders who understand martingale risks and maintain adequate capital buffers. Conservative traders or those unfamiliar with grid strategy exponential loss potential should exercise significant caution before deployment.

FXGAIN SNIPER EA MT4 Download Packages:

• Link download experts:
  • FXGAIN SNIPER EA MT4.ex4
• Presets

FAQs