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MetaTrader 4

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Volitility 100 Sniper EA

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850 $638 $

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Information

Utilities
MetaTrader 5
Levon Odain Power
1.3
10

Overview

The Vix100 Sniper Fx EA  is a fully automated trading system designed for Scalping Volitility 100 on the MetaTrader 5 platform. It uses a combination of moving average filters and optional RSI divergence detection to identify potential Buy or Sell trade opportunities. The EA dynamically calculates lot size based on a user-defined risk percentage, adapting position size to account equity and stop loss distance. It includes advanced trade management tools such as trailing stop, break-even functionality, and an auto-close timer that closes trades after a set number of hours. The EA also features a day-of-week trading filter, customizable SL/TP, and visual feedback elements like blinking entry labels, SL/TP lines, and a progress bar. Alerts can be sent via sound and mobile notifications, and a real-time on-chart UI panel summarizes current settings. This EA is tailored for VIX100 with risk control, and enhanced visual and alert-driven trade tracking.


Vix100 Sniper EA v1.3 features and functions:

Category Feature Description
Trade Entry Moving Average Filter Entry occurs when price is between MA1 and MA2 (configurable periods).
Buy/Sell Toggle Option to enable or disable Buy or Sell trades.
RSI Divergence Detection (Optional) Detects bullish/bearish divergence using RSI and marks chart with arrows.
     
Risk Management Dynamic Lot Sizing Lot size based on account equity and stop loss pips, bounded by min/max limits.
Account Risk % User sets % of equity to risk per trade (e.g., 20%).
     
Trade Exit Stop Loss / Take Profit User-defined SL and TP values in pips/points (optional SL).
Trailing Stop SL moves in profit direction once trailing distance is surpassed.
Break-Even Logic Moves SL to break-even after price reaches a specified buffer zone.
Auto-Close Timer Closes trades after a set number of hours (e.g., 24 hrs).
Trade Filters Day Filter Allows trading only on selected days of the week.
     
Chart Visualization Entry Labels Displays "BUY ENTRY" / "SELL ENTRY" text near the price, with blinking effect.
SL/TP Lines Draws horizontal lines for visualizing Stop Loss and Take Profit.
Trailing SL Line Updates as SL moves dynamically.
Progress Bar Shows visual countdown to trade auto-close based on elapsed time.
     
Alerts & Notifications Sound Alert Plays sound when a trade is placed.
Mobile Notification Sends push alert with trade details (if enabled).
     
User Interface (UI) Live Settings Panel On-chart panel shows active settings (Buy/Sell, SL, TS, BE, Filters, etc.).
Code Structure Modular Functions Cleanly separated functions for trailing, alerts, labels, lot size, etc.
Cleanup OnDeinit() Removes all drawings, indicators, and UI when EA is removed from chart.


NB:

  • The recommended time frame is 3 minutes.

  • The recommended account balance is $1,000 USD or the equivalent in your trading currency.

Performance Tips:

  • While the bot includes the option to use a Stop Loss (SL), it performs best without SL enabled.

  • The bot can execute both buy and sell trades, but over the past year, it has delivered the best results when used for sell trades only.

Additional:

  • Run in demo space to ensure you are comfortable with ur settings.

  • Regularly monitor performance and adjust settings based on market conditions.

  • If Possible, use a VPS for uninterrupted operation and lower latency.
































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