Sniper Forex is intended for trading on H1 timeframe. This forex trading system works on any currency pair, but the best results are shown on the currency pair GBPUSD. Sniper Forex v2 is very easy to use, because is equipped with warning sound alerts.
Characteristics of Sniper Forex v2
- Platform: Metatrader4
- Currency pairs: Any major pairs, recommended GBPUSD
- Trading Time: European and American sessions
- Timeframe: H1
- Recommended broker: Alpari
Rules of trade by Sniper Forex v2
- Lines of Sniper indicator change color to blue.
- Bars of histogram Sniper Trend A and Sniper Trend B painted blue.
As soon as one of the lines of Sniper indicator changes color to blue, the system issues a warning (Alert) about a possible change in trend direction. When you change the color of all three lines of Sniper indicator to blue on the chart appears arrow, showing the possible direction of the trend.
After the appearance of arrows make sure that the histogram bars Sniper Trend A and Sniper Trend B steel blue and only then open a position.
- Lines of Sniper indicator change color to red.
- Bars of histogram Sniper Trend A and Sniper Trend B painted red.
Stop Loss is set at the level of the dots Sniper Stop indicator.
When the price reaches 25 pips profit, Stop Loss tolerated to breakeven.
In position we enter with two lots. The first lot is closed when the first Take Profit is taken. For the currency pair GBPUSD is 100 points. The second lot is closed when the lines of Sniper indicator changes color to the opposite.
If you open a position with one lot, then come out of the market or on reaching a profit of 100 points, or when a opposite signal of the strategy or any signal of a possible trend reversal.
Trading strategy Sniper Forex v2, like any other, can be used on a real forex market only after are received consistently good results on a demo account.
In the archive Sniper_Forex.rar:
- Sniper Forex.tpl
Free Download Sniper Forex v2