Description
Sharp Shooter EA is an advanced forex Expert Advisor (EA) designed for MetaTrader 4, built specifically for scalping EUR/USD and GBP/USD. With its smart trend-following strategy and adaptive money management system, this EA delivers steady, short-term profits with minimal risk. Whether you’re new to automated trading or an experienced trader, Sharp Shooter EA offers a reliable, low-maintenance solution for navigating today’s fast-paced forex markets.
Key Features
✅ Advanced Scalping Strategy – Focuses on short-term trades for consistent, small profits.
✅ Trend-Following Execution – Trades only in the direction of the larger trend, increasing accuracy.
✅ Adaptive Flex-Grid Money Management – Automatically adjusts position sizing based on volatility.
✅ Short Trade Duration – Average trade length of 1.5 hours, avoiding overnight risks.
✅ Fully Automated Trading – Set-and-forget system requiring no manual input.
✅ 15-Indicator Algorithm – Uses a multi-layered approach to market analysis.
✅ News Filter & Trailing Stop – Avoids risky periods and locks in profits efficiently.
✅ Lifetime License & Free Updates – Includes full access and long-term support.
Specifications
✅ Platform: MetaTrader 4 (MT4)
✅ Currency Pairs: EUR/USD and GBP/USD
✅ Timeframes: M15 (Primary), also supports M30, H1, H4, D1
✅ Minimum Deposit: $1,000 recommended
✅ Leverage: 1:100 or higher
How Does Sharp Shooter EA Works?
Sharp Shooter EA operates using a scalping strategy that aligns trades with higher timeframe trends. It scans the market using a combination of 15 technical indicators to identify optimal entry points. When conditions are right, it opens trades that typically last under two hours. The EA uses a flex-grid system to scale position sizes based on market volatility, which helps protect capital during unpredictable periods. Built-in tools like trailing stop loss, breakeven logic, and news filters enhance safety and efficiency.
Advantages
✅ Consistent Profitability – Delivers a steady monthly return (avg. 2.23%) with proven long-term results.
✅ Effective Risk Management – Drawdown remains moderate (max 16.8%), thanks to adaptive position sizing and smart trend filtering.
✅ Emotion-Free Trading – Quick, precise trades reduce emotional involvement and decision-making stress.
✅ Scalable and Reliable – Works across multiple timeframes and trading conditions.
✅ Beginner-Friendly – Fully automated system is simple to install and operate.
✅ Professional-Grade Strategy – Gives retail traders access to institutional-level automation.
Performance
Sharp Shooter EA Myfxbook Result 1: Link
Sharp Shooter EA Myfxbook Result 2: Link
Sharp Shooter EA Backtest Result
Installation and Setup Guide
01: Install EA – Place the Sharp Shooter EA file in your MT4 “Experts” folder.
02: Restart MT4 – Load the EA on EUR/USD or GBP/USD M15 chart.
03: Configure Settings – Choose your lot size, enable/disable news filter, and adjust risk as needed.
04: Enable AutoTrading – Make sure the AutoTrading button is activated in your MT4 terminal.
05: Monitor Trades – Use the EA’s built-in interface to track performance and trades.
Conclusion
Sharp Shooter EA is a smart, efficient, and powerful forex scalping solution that balances performance with safety. Its trend-based approach and adaptive risk tools make it a reliable choice for those looking to automate their trading on EUR/USD and GBP/USD. Whether you’re aiming for hands-free profits or looking to diversify your strategies, Sharp Shooter EA delivers solid returns with manageable risk.
FAQs
Q: What pairs does Sharp Shooter EA trade?
Primarily EUR/USD and GBP/USD.
Q: Is it beginner-friendly?
Yes, it’s fully automated and easy to set up with no coding required.
Q: What is the minimum deposit required?
$1,000 is recommended for optimal performance.
Q: How often does it trade?
On average, trades last 1.5 hours, with multiple entries per day depending on market conditions.
Q: Can it work on other timeframes?
While M15 is recommended, it also supports M30, H1, H4, and D1.
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Shane Jason –
Sharpshooter EA is a solid scalping bot for EUR/USD, delivering consistent 2–4% monthly returns with low drawdown. Easy to use, trend-based, and backed by long-term testing—great for steady hands-free trading.