KingSniper EA

 KingSniper EA  – https://www.mql5.com/en/market/product/124990

Use KingSniper EA at GBPUSD, timeframe M15

News Filter by default not use (can use if want)

Use VPS for low ping (good ping 0-5 ms/ normal 5-20ms, higher not so good)

The basic settings are ready (use default). Pay attention to the Risk/ WinterGMT Offset value

 

EA Parameters:

Show EA Comments – Show EA comments

Magic Number – EA magic number

EA Comment – commentary for EA

 

Lot calculation mode

–          Use Risk for AutoLot (Risk from balance for full SL, lot based on SL)

–          Use fix lot

Lots (if Use Fix Lot)

Risk (if Use Risk for AutoLot) – safest risk size 5-15

 

Take Profit (in pips) – TP 4 Digits (10 = 100 (5 Digits))

StopLoss MODE

–          AutoSL MODE 1 – based on ATR + additional indicators (400-1000 point (5 Digits)) at average

–          AutoSL MODE 2– based on dayly ATR (800-1300 point (5 Digits)) at average

–          Fix SL – SL from (Stop Loss (in pips))

Stop Loss (in pips)

 

Buy Pending Shift (in pips) – shift relative to the base level to place a pending order

Sell Pending Shift (in pips) – shift relative to the base level to place a pending order

 

Winter GMT Offset – GMT shift (winter time is used, on main brokers +2), to check compare terminal time with Greenwich time (terminal time 15, GMT time 13, 15-13=2, use +2).

DST terminal (broker) MODE (US/EUROPE) use carefully – Daylight saving time mode, depends on broker, on IC/Tickmill/Vantge and many others use US DST

EA Start Hour – Advisor start time (current value + Winter GMT Offset )

EA End Hour – Advisor end time (current value + Winter GMT Offset )

EA End Hour (minutes) – mistake its minutes stop

 

Trailing Stop (in pips) – Trailing Stop (4 Digits)

Trailing Step (in pips) – Trailing Step (4 Digits)

 

The news filter (enable/disable)

For the news filter to work you need to add “https://ec.forexprostools.com” to Tools/Option/ExpertAdvisor/Allow WebRequest for listed URL: and click the allow checkbox

Trade Only Between News- in the period before and after the news pending orders are deleted

Indent after News, minutes- period after the news do not place orders for minutes

Indent before News, minutes– period before the news do not place orders for minutes

Enable light news

Enable medium news

Enable hard news

List of events for the news filter (separated by commas ( , ) – list of events when orders will be canceled