Sniper Forex Strategy v2

Sniper Forex strategy v2 (Spyper) - is designed to work on the hourly chart. This strategy works on any currency pairHowever, the best results are shown on the currency pair GBP/USD.

Indicators for Sniper Forex strategy v2

- Sniper - three lines of red or blue color on the chart of the currency pair;
- Sniper Stop (Parabolic Sar) - red and blue dots respectively above and below the lines;
– Sniper Trend A - histogram of blue and red bars;
- Sniper Trend B - histogram of blue and red bars.

The rules of Sniper Forex v2 to sell

- The lines of the Sniper indicator change their color to red;
- Histogram bars of the Sniper Trend A and Sniper Trend B indicators Reds.

As soon as one of the Sniper indicator lines changes color to red, the system gives a warning of a possible change in trend direction. When all three Sniper indicator lines change color to red, an arrow appears on the chart, indicating a possible positive sell trade.

Fortradrer.ru recommends enter the market only after the arrow appeared and the bars of the Sniper Trend A and Sniper Trend B histograms became red.

Sniper Forex v2 Buying Rules

The terms of purchase are similar to the terms of sale, only it must be blue.

Deal support in Sniper Forex v2 trading strategy

- StopLoss is set on the points of the Sniper Stop indicator.

- We enter the trade with two lots. First lot closes when the first TakeProfit is reached. For the currency pair GBP/USD it is 100 pips.

– Second lot. close when the Sniper indicator lines change color to the opposite.

If you open a trade with one lot, then exit the market either when the profit reaches 100 pips or when you receive a contrary strategy signal or any signal of a possible trend reversal.

Recommendations for the Sniper Forex v2 strategy

If your broker allows fractional lots, then your one lot can be split into 5 lots of 0.2 and set the following TakeProfit for them:

- 25 points,
- 50 points,
- 75 points,
- 100 points,
- before the trend changes.

StopLoss at each step we move it to breakeven.

Download Sniper Forex Strategy v2