Question 1

What should I do if my broker has notified me about high hyperactivity on my account and warned that my account might be disabled?

Accepted Answer

Answer:

Question 2

Q: Does the AI Sniper Expert Advisor require manual configuration of parameters?

Accepted Answer

A: No, the AI Sniper Expert Advisor performs automatic tuning of all parameters. All settings are configured automatically based on the currency pair and your broker's conditions.

Question 3

Q: How do I set up the AI Sniper Expert Advisor?

Accepted Answer

A: Install the advisor on the chart of your chosen currency pair. The advisor will handle the rest automatically. It's an automated advisor with optimization capabilities.

Question 4

Q: Do I need to adjust any settings manually?

Accepted Answer

A: No, you do not need to change any settings manually. The AI Sniper Expert Advisor automatically optimizes all parameters for optimal performance.

Question 5

Q: Is a set file required for the AI Sniper Expert Advisor?

Accepted Answer

A: No, the AI Sniper Expert Advisor does not require a set file. The advisor automatically configures all settings.

Question 6

Q: How does the AI Sniper Expert Advisor optimize parameters?

Accepted Answer

A: The advisor automatically optimizes parameters for the specific currency pair and broker, ensuring optimal performance without the need for manual intervention.

Question 7

Q: Can I test the AI Sniper Expert Advisor in the strategy tester?

Accepted Answer

A: While the AI Sniper Expert Advisor can be tested in the strategy tester, it's essential to understand its limitations. The strategy tester may not accurately reflect real trading conditions, leading to inaccurate results.

Question 8

Q: Why might the strategy tester produce inaccurate results for the AI Sniper Expert Advisor?

Accepted Answer

A: The AI Sniper Expert Advisor operates at the speed of real-time quotes, capitalizing on swift movements in currency pairs, particularly during news events. The strategy tester cannot fully simulate these market conditions, leading to discrepancies between testing results and real trading outcomes.

Question 9

Q: How should I interpret the results from testing the AI Sniper Expert Advisor in the strategy tester?

Accepted Answer

A: While testing in the strategy tester can help verify the algorithm's correctness, it's crucial to recognize that the results may not align perfectly with real trading outcomes. The strategy tester is not capable of replicating all market conditions accurately.

Question 10

Q: Should I rely solely on strategy tester results for decision-making?

Accepted Answer

A: It's not advisable to rely solely on strategy tester results for decision-making. Instead, consider testing the AI Sniper Expert Advisor on a demo account or with small live trades to assess its performance under real market conditions.

Question 11

Q: How do you test the AI Sniper Expert Advisor?

Accepted Answer

A: For accurate testing, it's recommended to use the AI Sniper Expert Advisor on a live trading account or a demo account with real-time market data. This provides the most realistic assessment of its performance.

Question 12

Q: Can the AI Sniper Expert Advisor be optimized in the MetaTrader 5 Strategy Tester?

Accepted Answer

A: While it's possible to optimize the AI Sniper Expert Advisor in the MetaTrader 5 Strategy Tester, it's important to understand the limitations and considerations involved in this process.

Question 13

Q: What should I consider before optimizing the AI Sniper Expert Advisor in the Strategy Tester?

Accepted Answer

A: Before proceeding with optimization, it's essential to acknowledge that the Strategy Tester may not fully replicate real trading conditions. Therefore, the results obtained from optimization may not perfectly align with actual trading outcomes.

Question 14

Q: Are there any minimum requirements for terminal setup when optimizing the AI Sniper Expert Advisor?

Accepted Answer

A: Yes, when optimizing the AI Sniper Expert Advisor, ensure that you meet the following minimum requirements for terminal setup:

Question 15

Q: How can I optimize the AI Sniper Expert Advisor effectively?

Accepted Answer

A: To optimize the AI Sniper Expert Advisor effectively, consider testing various parameter combinations and optimizing parameters such as timeframes, indicators, and risk management settings. Additionally, prioritize real-market testing on a demo account or with small live trades to validate optimization results.

Question 16

Q: Should I solely rely on optimization results from the Strategy Tester?

Accepted Answer

A: While optimization in the Strategy Tester can provide valuable insights, it's important not to rely solely on these results for decision-making. Be sure to validate optimization results through real-market testing to ensure the AI Sniper Expert Advisor performs well under actual trading conditions.

Question 17

Q: Why are the results of the strategy tester different from the results on your real account?

Accepted Answer

A: The results of the strategy tester and real trading accounts can vary due to several factors. While we continuously update and optimize the EA based on real-market data, it's important to understand that forex trading involves inherent risks, and no two market conditions are exactly alike.

Question 18

Q: Why did the EA open a BUY position when I expected it to open a SELL position?

Accepted Answer

A: The EA operates based on its internal algorithm and trading strategy, which have been developed and tested over several years. If you believe there's an error or discrepancy in the EA's trading decisions, we recommend consulting our Programming Advisors section for assistance.

Question 19

Q: Why did the advisor open a losing position?

Accepted Answer

A: Forex trading is inherently risky, and no trading strategy can guarantee profits every time. The EA follows its signals and employs risk management techniques such as averaging positions and trailing stops to mitigate losses. However, losses are inevitable in trading, and it's essential to understand and accept this reality.

Question 20

Q: Why do two identical advisors behave differently on identical terminals?

Accepted Answer

A: Despite using identical terminals, various factors can influence the EA's performance, such as the speed of quote reception and the timing of receiving quotations. We provide general recommendations to optimize your trading environment, but please be aware that slight variations can occur even with identical setups. Trading Scalping Systems for Forex: Mistakes and Causes

Question 21

Q: Why does the advisor get different results from different companies?

Accepted Answer

A: Different brokers have varying trading terms, including spreads, swaps, commissions, stop levels, margin requirements, and contract specifications. Additionally, different trading servers and quote rates can contribute to discrepancies in results. However, the advisor operates based on a consistent algorithm and signals across all terminals.

Question 22

Q: I installed the advisor yesterday, but it didn't open any positions. Why?

Accepted Answer

A: Check if the indicator in our EAPADPRO panel is green, indicating that the EA is enabled for trading. If it's red, the EA may not be allowed to trade on your account. Also, review the Expert Advisor's log on the EXPERTS tab for any error messages that could explain why no positions were opened.

Question 23

Q: Why didn't the advisor open a position despite seeing a signal after a sharp movement?

Accepted Answer

A: The advisor follows a set of rules encoded in its algorithm. If all conditions for opening a position are not met, the advisor will not trade. Please be patient and trust the advisor's signals, as it operates based on a predefined strategy.

Question 24

Q: Will the advisor work on ECN accounts with commissions?

Accepted Answer

A: Yes, the advisor is designed to work on any account type, including ECN accounts with commissions. However, note that accounts with commissions may have shorter average distances and stop-loss levels, potentially affecting profitability. Nevertheless, the advisor's code is fully optimized to account for commissions and includes functions for trailing stops and averaging.

Question 25

Q: What is the difference between the version for MetaTrader 4 and MetaTrader 5?

Accepted Answer

A: There are no differences between the versions for MetaTrader 4 and MetaTrader 5. Both versions of the advisor have the same algorithm and functionality. The only distinction lies in the terminal version, allowing flexibility based on broker compatibility.

Question 26

Q: Where does the advisor trade better? On MetaTrader 4 or MetaTrader 5? And why?

Accepted Answer

A: Based on our extensive testing and observations, we believe that the MetaTrader 5 terminal offers more quotes, a higher rate of quote reception, and faster order execution. Consequently, the Expert Advisor on MetaTrader 5 tends to open more accurate positions compared to MetaTrader 4.

Question 27

Q: Does the Expert Advisor work on VPS? Which VPS should I choose?

Accepted Answer

A: Yes, the Expert Advisor is designed to work on Virtual Private Servers (VPS) to ensure uninterrupted operation. We recommend selecting a VPS that is closer to your broker's server for optimal performance. It's worth noting that the advisor works seamlessly on VPS provided by MetaQuotes.

Question 28

Q: Why does the Expert Advisor not open positions on VPS from MetaQuotes?

Accepted Answer

A: While it's unclear why the Expert Advisor may not open positions on VPS from MetaQuotes, it's essential to recognize that discrepancies in quote reception between different platforms (such as VPS and home computers) are normal. These variations can affect the behavior of the EA, particularly since it relies on real-time quotes for decision-making.

Question 29

Q: Why do some positions close with a small loss?

Accepted Answer

A: In scalping, positions may close with small losses due to floating spreads affecting the installation of stop-loss orders at breakeven and subsequent trailing stops. The advisor may adjust the stop-loss to breakeven based on the current price and spread, but fluctuations in the spread can lead to losses. This is a normal aspect of trading.

Question 30

Q: What does leverage affect?

Accepted Answer

A: Leverage primarily affects the margin required at the time of opening a position. Lower leverage necessitates more margin for opening averaging positions, but it doesn't affect profitability or other parameters. The advisor automatically adjusts to leverage changes, so no manual adjustments are needed.

Question 31

Q: How does leverage impact position sizing and account requirements?

Accepted Answer

A: Leverage directly affects the amount of free margin required to open positions. For example, opening a position with a lot size of 0.01 on EURUSD with 1:100 leverage requires $11.71 of free margin. Higher leverage allows for larger position sizes with less margin, but it also increases the risk of a Margin Call activation.

Question 32

Q: Why does the advisor open too few positions?

Accepted Answer

A: If you desire more positions, consider adjusting parameters like TimeOpen and DistanceSpread. Lowering TimeOpen to 2000 and DistanceSpread to 1 may prompt the advisor to trade faster, but it could compromise signal quality. Experiment cautiously with parameter adjustments to find a balance between trading frequency and signal accuracy.

Question 33

Q: How stable is the advisor? How much profit can you get?

Accepted Answer

A: The system's stability depends on current market conditions and adherence to standard recommendations. The EA's profitability and drawdown are influenced by various factors, including market dynamics, account balance, risk management, and global events impacting currency movements. Higher deposits and trading lots can yield greater profits but also carry higher risks of drawdown.

Question 34

Q: Can you add a function to the advisor to improve trading?

Accepted Answer

A: While additional functions may seem beneficial, each new feature requires extensive testing on real accounts, which is time-consuming. As the advisor has been thoroughly tested on live accounts, adding new functions could disrupt its performance. If you have specific requirements for customization, please consider using the Programming Expert Advisors section.

Question 35

Q: I am from the USA. Is it possible to trade on a FIFO system? How do I limit the opening of new positions?

Accepted Answer

A: FIFO (First In, First Out) is a rule required by certain brokers, particularly those regulated in the U.S., which dictates that traders must close their oldest positions first before closing any newer ones in the same currency pair.

Question 36

Q: Why do different timeframes yield different results in the strategy tester, even though TimeFrame doesn't matter?

Accepted Answer

A: When setting a timeframe (TF) in the Strategy Tester, such as M15, the advisor may not receive data from the indicator on TF M1, leading to variations in results. To ensure accurate testing, please set the period to M1 during Strategy Tester sessions.

Question 37

How to enable BUY/SELL buttons for the EA to accompany manual trades?

Accepted Answer

You can open BUY/SELL positions manually. Then, my advisor will continue to follow your positions according to its algorithm.

Question 38

Do I need to open positions myself?

Accepted Answer

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AI Sniper. Automatic Smart Expert Advisor for Metatrader.