222# Sniper Zones – MT5 Strategy for Reversal Entries
Submit by Joy22
Time Frame 15min or higher, Best 4H.
Currency Pairs: all.
Indicators:
Magic Entry,
Neuro Forex Strength Trend Predictor,
NB MACD with Stochastic (14, 3,3);
Fx cherry Picher 1
Fx Cherry Picher 2
Trading Setup
-
Exodus Bands: Three red dynamic bands that act as dynamic support and resistance.
RM Supply Demand Zones: Marked in red (resistance/supply) and purple (minor zones).
RM Arrow Signals: Yellow arrows (buy signal), white arrows (sell signal).
Dot Above Candle: Suggests short entry bias (confirmation).
Buy Rules
Enter a BUY trade when all the following conditions are met:
-
A yellow upward arrow appears below the candle (signal for potential reversal).
-
The candle is near or below the lower red Exodus Band (oversold zone).
-
Price is not inside a supply zone (red or purple zones above).
-
(Optional) A previous downward trend is losing momentum (smaller bearish candles).
-
(Confirmation optional) Bullish engulfing candle or a strong bullish candle closes after the arrow.
Stop Loss (SL):
-
Just below the recent swing low or lower Exodus Band.
Take Profit (TP):
-
Midline of the Exodus Bands (first target).
Upper Exodus Band or nearby supply zone (second/final target).
Sell Rules
Enter a SELL trade when all the following conditions are met:
-
A white downward arrow appears above the candle (signal for short).
-
The candle is near or above the upper red Exodus Band (overbought zone).
-
Price is touching or inside a supply zone (red/purple).
-
(Optional) A previous upward trend is slowing down (smaller bullish candles or doji).
-
(Confirmation optional) Bearish engulfing candle or a strong bearish candle closes after the arrow.
Stop Loss (SL):
-
Just above the recent swing high or upper Exodus Band.
Take Profit (TP):
-
Midline of the Exodus Bands (first target).
-
Lower Exodus Band or nearby demand zone (second/final target).
Exit Rules
-
Exit at Take Profit levels (TP1 or TP2) or:
Trailing Stop using middle band (exit if candle closes against your trade across midline).
Exit manually if a reverse arrow appears on the opposite side while price reaches a band extreme.
Conclusion
This strategy combines trend-reversal signals with dynamic price zones. Best used during volatile sessions (London/NYC) and with confirmation from candle patterns. It helps identify high-probability reversals or trend continuations when price interacts with Exodus Bands and Supply/Demand zones.
Risk management tip: Always risk <2% per trade and avoid entries just before high-impact news releases.
Forex Trend System
Long Entry:
Magic Entry Confirmed by:
1)Neuro Forex Trend Predictor Green;
2)Stochastic Cross up and>NB MACD;
3)Fx Cherry Picher 1 and 2 Blue.
Short Entry:
Magic Entry Confirmed by:
1)Neuro Forex Trend Predicto Red;
2)Stochastic Cross down and>NB MACD;
3)Fx Cherry Picher 1 and 2 Red.
Exit For 4H Time Frame:
Stop Loss on previous Swing and move stop loss at Entry Price after 40 pips in gain.
Profit Target in pips: EUR/USD 60, USD/CHF 60, AUD/USD 60, GBP/USD 75, GBP/JPY 75.
FX Cherry Picker Trading System
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