309# The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4

Dimitri2026

 

The "Sniper" Trend Reversal System Strategy is designed for both Forex spot trading and Binary Options. It relies on identifying the current trend using a color-coded moving average and entering trades when a reversal signal, indicated by arrows, appears and is confirmed by momentum oscillators in the sub-windows. It works best on the 5-minute and 15-minute timeframes for day trading and binary options.

Indicator Setup The setup consists of three main visual components based on the provided MetaTrader 4 screenshots. First, the Main Chart features a smooth moving average that changes color to indicate the trend. A green line signifies a bullish uptrend, while a red line signifies a bearish downtrend. The line often turns yellow or flat during the transition phase. Additionally, there are reversal arrows in the form of orange or yellow icons. A down arrow indicates a potential peak and a sell signal, whereas an up arrow indicates a potential trough and a buy signal. Second, Sub-Window 1 contains a momentum oscillator, likely an RSI or CCI, where small black arrows appear at peaks and troughs to confirm momentum shifts. Third, Sub-Window 2 displays a volatility or bands oscillator, similar to Bollinger Bands applied to an oscillator, where arrows indicate when the price is overextended and likely to reverse.

 

Binary Expiry time: 1-3 candle.

The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4

Trading Rules for Long Positions To enter a long position, buy, or call option, you must look for the end of a downtrend and the start of an uptrend. The main trend line should initially be red, indicating a downtrend. You must wait for an up arrow to appear below a candle, which usually happens at a local bottom. For confirmation, the trend line should start curving upward or turn green. Ideally, the sub-window oscillators should also show an up arrow or be at the bottom of their range, indicating oversold conditions. The entry should be executed at the opening of the next candle after the signal candle has completely closed.

 

Trading Rules for Short Positions To enter a short position, sell, or put option, you must look for the end of an uptrend and the start of a downtrend. The main trend line should initially be green, indicating an uptrend. You must wait for a down arrow to appear above a candle, which usually happens at a local peak. For confirmation, the trend line should start curving downward or turn red. Ideally, the sub-window oscillators should also show a down arrow or be at the top of their range, indicating overbought conditions. The entry should be executed at the opening of the next candle after the signal candle has completely closed.

The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4

Guidelines for Binary Options For binary options, the strategy functions as a scalping or reversal system. A safe expiry time is two to three candles of your current timeframe. For example, if you are trading on a 5-minute chart, you should set the expiry time to 10 or 15 minutes. The best assets for this are major currency pairs like EURUSD, GBPUSD, and USDJPY, or Gold, as seen in the screenshots.

The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4

Guidelines for Forex Spot Trading For Forex spot trading, you should place your stop loss just below the recent swing low for buy positions, or above the recent swing high for sell positions. Your take profit should target the next major support or resistance level, or you can use a risk-to-reward ratio of 1 to 1.5 or 1 to 2. Alternatively, you can exit the trade manually if the trend line changes color against your position.

 

Important Warnings The images contain specific Portuguese text that provides crucial context for this strategy. The phrase "INDICADOR GRATUITO - SE COMPROU É TROUXA" translates to "Free indicator - if you bought it, you are a fool." This indicates that the indicators used are likely repackaged standard indicators and should not be paid for. The phrase "NUNCA CONFIAR 100% NO BACKTEST!" translates to "Never trust 100% in the backtest!" This is a critical warning about repainting. Many sniper-style indicators with perfect win rates in backtests often repaint, meaning the arrow might appear, disappear, and move to a new candle if the price does not move as expected. Therefore, you must always wait for the candle to close completely before taking the signal, and never enter while the candle is still moving. The name "Sniper Brasileiro" implies high precision, but high precision requires waiting for the perfect setup where all indicators align. Do not force trades if the arrows do not align perfectly.

The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
The "Sniper" Trend Reversal System Strategy-Forex, Binary-MT4
Sniper Brasileiro.rar
compressed file archive 115.5 KB
Comments: 0

309# RSI Scalping

Ehlres-cog and Market pulse filter for rsi scalping

Submit by James 02/04/2013

 

Time Frame 15min.

Currency paird:any.

 

Metatrader Indicators:

Market pulse indicator (10, 1, 20) with dll file;

RSI smoothed indicator (5,5,0,5,9,3) overbought: 0.5-1.05; oversold:-0.5-1.05:

Ehlres-cog (10 period).

 

Trade only when aqua line market pulse > orange line.

Buy

Market pulse aqua line> orange line;

RSI indicator in oversold Zone crosses upward;

Ehlres-cog crosses upward.

 

Sell

Market pulse aqua line> orange line;

RSI indicator in oversold Zone crosses downward;

Ehlres-cog crosses downward.

 

Exit position:

When Ehlres-cog crosses downward for buy, and, upward for sell.

Profit Target predetermined 8-14 pips pr on the pivot levels.

Stop loss 10-15 pips.

 


RSI Scalping libraries

RSI Scalping Metatrader libraries
RSI Scalping libraries.These dll files are important for to use this trading system
RSI Scalping libraries.rar
compressed file archive 733.1 KB
RSI Scalping Forex Indicators
RSI Scalping Indicators
RSI Scalping Indicators.rar
compressed file archive 21.5 KB
rsi scalping Template
rsi Trading System scalping Template
rsi scalping Template.rar
compressed file archive 2.3 KB

RSI Scalping Indicators

RSI Scalping Template

 

In the pictures below Market pulse filter for rsi scalping in action.

RSI Salping
RSI Salping
RSI Scalping
RSI Scalping
Comments: 0

RSI Forex Strategies