

Forex Online Stock Trading Software Options Newsletter SniperForex
Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. This website, SniperForex, G.J. Pavkovich, and anyone associated with it, cannot be held responsible for any losses incurred. Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Foriegn equity market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
Moreover, the leveraged nature of foreign equity trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. This website, SniperForex, G.J. Pavkovich, and anyone associated with it, cannot be held responsible for communication failures or delays when trading via the Internet.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. This website, SniperForex, G.J. Pavkovich, and anyone associated is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. We have taken every possible measure to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
SniperForex
"try before you buy" -
You are just a few clicks away from a no obligation trial! Click to go to the "Demo" page - It's FREE!
Update 01/09/2008
- A new version of the ea is under construction - there is NO ea for the current manual trading system
What is an Expert Advisor or EA?
"Expert Advisors (experts) are programs in the terminal that have been developed in MetaQuotes Language 4 (MQL 4) and used for automation of analytical and trading processes. They allow to perform prompt technical analysis of price data and manage trading activities on basis of signals received. The entire routine work of technical analysis and trading can be given to experts. An expert can perform analytical and trading operations for any symbols or periods independent on whether the corresponding chart was opened or not." - from the mt4 help manual.
I strongly encourage the prospective purchaser to demo the ea free of charge before purchase to assure themselves that it performs as they would expect and that it will function correctly on their computer. This ea is a complicated piece of sotware calling up to 4 separate indicators as buffers - there have been isolated problems with the ea on machines running Windows Vista.
Sniper EA features:
This EA has been optimised for the 1hr GBP/USD. It has the ability to input:
Lot size;
Slippage;
Take Profit;
Stop Loss;
Trailing Stop;
Number of times to retry entry & exit;
Manually disable from & to a certain
time;
Lock Pips or break even;
& has a very handy feature to disable
a certain length of time (your choice)
before and after Important News
Releases.
PLEASE NOTE THAT THERE IS NO
VISUAL ASPECT TO THE EA, i.e. YOU
WILL NOT SEE ANY COLOURED LINES!
Current Version v4_11 - June 2008