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FX Sniper Yellow is an exclusive leading indicatordesigned for trading currencies in the MetaTrader platform.

FX Sniper Yellow can analyze the behavior of market participants and predict changes in the direction of the price even before the start of the movement.

Most indicators are late and therefore useless. FX Sniper Yellow is a unique leading indicator.

The indicator displays arrows on the chart (see attached screenshot), indicating the likely direction of the price action.

The FX Sniper Yellow indicator never redraws. The signal is confirmed after the candle closes, and the added arrow will never disappear.

  • UseAlerts (true/false): enabling alerts
  • PopAlerts (true/false): notification in the pop-up window
  • EmailAlerts (true/false): sending email notifications
  • PushAlers (true/false): sending push notifications
  • SoundAlerts (true/false): sound alert
  • SoundFile: The audio file for the audio alert.
  • The size and color of the arrows are adjusted on the Color indicator tab.

  • Enter the market at the opening of the next candle in the direction of the signal (SELL/BUY)
  • Set a stop level at the top (sell) or bottom (buy) of the signal candle, or use ATR-based stop levels.
  • Take profit based on the reward / risk ratio of 2:1 or 3:1
  • Signals can be filtered for trading only by trend. Therefore, we recommend using the Trend Direction UD indicator:
  • Filter the signals by trend as desired. This is a mandatory requirement.

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The indicator can be used on any timeframe.

It can be used for trading currency pairs, binary options, as well as commodities, stocks, futures, etc.

You can download the free version of the indicator from the MQL5 Market. The free version only works in the strategy tester.


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