Description
Sharpshooter EA
Original website: https://responsibleforextrading.com/sharpshooter-ea/
Content: Expert: (PH) Sharpshooter EA V1.1_fix.ex4 (Unlocked for MT4 Build 1440+), Presets: 3, UserGuide: Sharpshooter EA Manual V1.1.pdf
- Projected monthly profit of 2-4% a month (default settings)
- Trades the EURUSD daily
- 25-50 scalp trades a week
- Uses an Adaptive SL based on price volatility
- Recommended starting account size is $3k
- Recommended leverage is 200:1
- Profitable backtests for the past 20 years
- The Sharpshooter includes a trade panel that allows manual trades
How does Sharpshooter work?
- Sharpshooter trades only with the larger time-frame trend
- It finds the best places to take quick 5-15 pip scalp trades within the dips of the larger trend
- Sharpshooter uses flex-grid money management that’s only active when the trend is active. This makes for a very adaptive strategy that’s able to work with just about every type of market movement on the EURUSD
