Exp TickSniper: Advanced Fast Tick Scalper for Forex Trading

Exp TickSniper is a fast tick scalper that automatically selects parameters for each currency pair, optimizing performance based on nearly 10 years of EA programming experience. This EA excels in short-term trades using a smart trailing stop and leverages current currency pair data, quotes, specifications, and spreads. Here are some key features and recommendations for using Exp TickSniper:

 Key Features:

1. Developed from Extensive Experience: Built on almost 10 years of EA programming expertise.
2. Short-Term Trading Excellence: Executes trades based on smart trailing stop and real-time currency pair data.
3. Averaging Strategy: Prevents losses caused by signal detection algorithm.
4. Loss Mitigation: Activates averaging positions when an open position suffers a specific loss.
5. Stop Loss Protection: Each position is accompanied by a stop loss, ensuring minimal losses if profits aren’t met.
6. Automated Parameter Optimization: Automatically sets favorable stop loss, take profit levels, and trailing stop distances.
7. Data-Driven Decisions: Gathers information from currency pair specifications, current prices, and strategic factors.

 Recommended Trading Accounts:

• Low Risk: $1,000 deposit with a minimum lot of 0.01 for 3 currency pairs (e.g., EURUSD, USDCHF, USDJPY).
• Medium Risk: $300 deposit with a minimum lot of 0.01 for 1 currency pair (e.g., EURUSD).
• High Risk: $100 deposit with a minimum lot of 0.01 for 1 currency pair (e.g., EURUSD).
• ECN Account: Floating spread and leverage of 1:300 or higher.

 How to Use Exp TickSniper:

1. Download and Install: Add TickSniper to your trading terminal.
2. Set Up: Apply it to the chart of any currency pair (e.g., EURUSD).
3. Enable Autotrade: Turn on the Autotrade button and allow live trading.
4. Automatic Settings: No need to adjust settings as the EA is fully automated.

 Important Notes:

• Currency Pair Attachment: Works on the specific currency pair chart it is attached to.
• Timeframe Irrelevance: The EA performs well regardless of the timeframe.
• Floating Spread Recommendation: A floating spread is preferred; zero spread is not allowed.
• Stop Loss Accompaniment: Each open position has a stop loss.
• Averaging and Trailing Stop: Includes averaging function and additional position openings with trailing stops.
• Breakeven Points: Sets breakeven points for profitable positions to minimize potential losses.
• Spread Calculation: Calculates spread based on averaging the latest ticks.

 FAQ:

1. Broker Compatibility: Not all brokers are supported; depends on quote speed in the terminal. Demo version available.
2. Strategy Tester Limitation: Doesn’t work in strategy tester due to quote speed; use real charts.
3. Variable Results: Performance may vary based on broker’s spread and quote rate.
4. Fully Automated: No manual intervention required.

 Extra:

Attention! All parameters are preset to optimal values. Reconfiguration is not recommended.

By utilizing Exp TickSniper, traders can leverage a sophisticated, automated trading system designed for optimal performance and risk management in the Forex market. Download the full description, demo, and PDF to get started today.