MT5 Sniper EA: Free MT5 Expert Advisor

Overview

MT5 Sniper EA identifies institutional trade setups using Order Blocks, Fair Value Gaps, Break of Structure, and liquidity sweeps. The robot performs multi-timeframe analysis across five periods to determine market bias and ensure trend alignment. Risk management features include percentage-based lot sizing, a minimum risk-reward ratio, and automated trade protection via trailing stops and partial profit taking. It also visualizes detected patterns on the chart and includes session filters for major trading hubs.

Automated Smart Money Concepts detection including Order Blocks and FVGs

Multi-timeframe bias calculation and trend alignment analysis

Advanced risk management with partial profit taking and trailing stops

Real-time chart visualization for identified trading patterns

Customizable session filters for London, New York, and Asia trading

Details

Author

rithsila on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Trend following

Markets

Forex, Gold

Timeframes

M1-M5, M15-H1, H4 and above

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

src/SniperEA.mq5

Source

github.com/rithsila/MT5-EA-Sniper-Strategy

Input parameters

Read from SniperEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`RiskPercent`	`double`	`1.0`	Risk percentage per trade
`MinRR`	`double`	`2.0`	Minimum risk-reward ratio
`UseTimeFilter`	`bool`	`false`	Enable session filtering
`AsiaEnd`	`string`	`16:00`	Asia session end (Cambodia Time GMT+7)
`LondonStart`	`string`	`15:00`	London session start (Cambodia Time GMT+7)
`LondonEnd`	`string`	`23:59`	London session end (Cambodia Time GMT+7)
`NYStart`	`string`	`20:00`	New York session start (Cambodia Time GMT+7)
`NYEnd`	`string`	`23:59`	New York session end (Cambodia Time GMT+7)
`MinSL`	`int`	`10`	Minimum stop loss in pips
`MaxSlippage`	`double`	`2.0`	Maximum slippage in pips
`MaxPositions`	`int`	`10`	Maximum total positions
`MaxPositionsPerSymbol`	`int`	`3`	Maximum positions per symbol

Show all 40 inputs

Name	Type	Default	Description
`MinFVGSize`	`double`	`3.0`	Minimum FVG size in pips
`MinSweepDistance`	`double`	`3.0`	Minimum sweep distance in pips (reduced from 5.0)
`BOSConfirmationCandles`	`int`	`3`	BOS confirmation within candles
`SwingLookback`	`int`	`5`	Swing high/low lookback period (reduced from 10)
`OBStrengthFilter`	`double`	`0.5`	Order Block strength filter (0-1)
`RequireMultiTFConfirmation`	`bool`	`true`	Require multi-timeframe confirmation
`MinConfluenceCount`	`int`	`3`	Minimum confluence criteria required (3/4 instead of 4/4)
`FibonacciMode`	`ENUM_FIBONACCI_MODE`	`FIBONACCI_AS_FILTER`	Fibonacci integration mode
`FibSwingLookback`	`int`	`20`	Fibonacci swing detection lookback
`FibMinSwingSize`	`double`	`10.0`	Minimum swing size in pips for Fibonacci
`UseFib236`	`bool`	`true`	Use 23.6% Fibonacci level
`UseFib382`	`bool`	`true`	Use 38.2% Fibonacci level
`UseFib500`	`bool`	`true`	Use 50.0% Fibonacci level
`UseFib618`	`bool`	`true`	Use 61.8% Fibonacci level
`UseFib786`	`bool`	`false`	Use 78.6% Fibonacci level
`FibConfluenceThreshold`	`double`	`5.0`	Fibonacci confluence threshold in pips
`FibValidityPeriod`	`int`	`50`	Fibonacci level validity period in candles
`BiasHistoryPeriods`	`int`	`10`	Number of periods to track bias history
`BiasChangeThreshold`	`double`	`20.0`	Threshold for detecting bias change
`EnableBiasChangeDetection`	`bool`	`false`	Enable bias change detection
`EnableMajorLevelsFilter`	`bool`	`true`	Enable major levels filtering
`MajorLevelStrength`	`double`	`0.7`	Major level strength filter (0-1)
`MajorLevelsLookback`	`int`	`50`	Lookback periods for major levels detection
`ShowFVG`	`bool`	`true`	Show Fair Value Gaps
`ShowBOS`	`bool`	`true`	Show Break of Structure
`ShowSweeps`	`bool`	`true`	Show Liquidity Sweeps
`ShowTradeLevels`	`bool`	`true`	Show Entry/SL/TP levels
`Symbol2`	`string`	`GBPUSD`	Symbol 2

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone rithsila/MT5-EA-Sniper-Strategy from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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