Sniper EA V3.11 MT4 Sniper EA V3.11 MT4 - MetaTrader 4 Resources

🔍Introduction

This Sniper EA V3.11 is a professional MetaTrader 4 Expert Advisor specifically for XAUUSD (Gold) trading. Unlike traditional grid or martingale systems, this EA uses a unique 30-segment sniper arrow signal combined with a higher time frame trend filter to generate high probability entries. Verified backtests show that Sniper EA V3.11 has a profitability coefficient of 1.72 and a maximum drawdown of only 15%, making it a disciplined, rules-based trading tool for gold enthusiasts.

⚙️ Main features

• 🎯 30 Period Sniper Arrow Signal – Generate precise entry points on H1 charts
• 🚫No martingale, no grid – fixed 80 pip stop loss on every trade
• 📉 50 pips trailing stop – activate after 50 pips of profit to lock in profits
• ⏰Smart Time Filter – Avoid trading during high-impact news and market gaps
• 🖥️ VPS Ready – Designed for 24/5 operation
• 📊Backtest verification – 475 trades, winning rate 58.95%, net profit of US$818.38 for a deposit of US$500
• 🔄Dual mode operation – can run as a pure scalper or trend follower

⚙️Recommended settings

• 📌Pair: XAUUSD (Gold/USD)
• ⏱️Approximate time: H1 (1 hour chart) – necessary for best signal accuracy
• 📏Bulk: 0.01 per 1000 USD account balance
• 🛑Stop loss: 80 pips (fixed)
• 🏃Trailing stop loss distance: 50 minutes
• 📈Maximum spread: 35 points
• 🔒Martinale Mode: Disabled
• 🌐 H4 Trend Filter: Enable
• ⏲️Time filter: Enable (avoid 23:00 – 01:00 GMT)
• 💻Minimum deposit: $250
• ⚡Leverage: 1:200 or higher
• 🏦Broker type: ECN Gold spreads are low (less than 20 points)

✅ Advantages

• ✔️Defined risk for each trade – Fixed 80 pip stop loss per position
• ✔️No dangerous strategies – no martingale, no grid averaging
• ✔️Optimized for Gold – Specifically calibrated for XAUUSD volatility
• ✔️Low drawdown – backtesting shows the maximum drawdown is only 15%
• ✔️Available for small accounts – minimum deposit is $250
• ✔️Transparent Logic – Arrow based system, no need to redraw

❌ Disadvantages

• ❌Requires VPS – 24/5 uptime is required for trailing stops to function
• ❌Spread Sensitive – Brokers with gold spreads exceeding 35 pips perform poorly
• ❌Not completely hands off – need to monitor margin levels occasionally
• ❌News holes – should be closed during major economic releases (NFP, FOMC)
• ❌Requires ECN broker – standard market maker broker may manipulate spreads

Product screenshots