Exp – TickSniper PRO MT4.ex4
Document: User Guide TickSniper and Good Santa English.pdf
Exp Expert Advisor – TickSniper is developed based on the experience gained over almost 10 years of expert advisor programming.
Based on the current data of the selected currency pair, its quotes, specification, spread, the adviser makes short-term transactions with a minimum take profit, using the smart trailing stop function.
The averaging strategy in our adviser is used to prevent losses of the signal detection algorithm.
If an open position gains a certain loss, then the function of averaging positions comes into play.
In extreme cases, the positions opened by the TickSniper adviser have a stop loss. If the automatic trading system cannot bring a series of positions to the minimum profit, then the positions are closed alternately by stop loss.
The system automatically determines favorable levels of stopband, take profit, distance of average positions, trailing stop distance and so on.
Our advisor receives data on these parameters from the specification of the currency pair and the current prices of the currency pair and other factors that are part of our strategy.
Advisor is automatic! Doesn’t need Set files! It works on the currency pair on which it is installed. Automatically tunes to the trading conditions of your broker and currency pair. TF does not matter, since the EA works on ticks.
You only need to install the adviser on the chart, the adviser will do the rest!