Cycle Sniper

[TopicStarter]

Introduction​

Cycle Sniper is the latest trading robot that has caught the attention of many traders. With a rating of 4.41 and a price tag of $199, it promises to deliver significant profits by leveraging cycle theory and harmonic calculations. But let's not get carried away just yet. Is it really worth the hype? Let's dive in and find out.

Description of Features​

Cycle Sniper is built on a foundation of Fibonacci retracement and extension levels, harmonic waves, Gann calculations, and Murrey Math. It offers multiple signal modes, including:

• Extreme Reversals: Identifies major market turning points.
• Late Entry: Confirms trends and provides entry signals after initial movement.
• Breakout Signals: Detects and signals market breakouts.

The indicator also provides real-time alerts and push notifications for critical market movements, ensuring traders never miss an opportunity.

Analysis of Results​

User reviews suggest that Cycle Sniper can generate significant profits when used correctly. Cullen, for instance, reported a 30% increase in his account during the second month's rental period. However, it's important to note that this is not a plug-and-play solution. It requires a deep understanding of its signals and market conditions to be effective. The overall rating of 4.41 indicates that while many users are satisfied, there are challenges to be aware of.

Pros and Cons​

Pros:

• High accuracy in identifying market turning points.
• Versatile, works on all timeframes and instruments.
• Real-time alerts and push notifications.

Cons:

• Requires a deep understanding of market conditions.
• Not a plug-and-play solution.
• Potential for information overload with too many alerts.

Source Code of Cycle Sniper​

We don't have access to the original source code of the Cycle Sniper robot sold on MQL5. However, we have created a sample code based on its description available on the MQL5 website. This example code is provided by the EASY Trading Team and is meant for educational purposes only. We do not sell the Cycle Sniper robot.

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Download Cycle Sniper: Your Path to Profitable Trading​

If you have any questions about the code or need further assistance, feel free to ask. Remember, this is an example code based on the description of the Cycle Sniper robot sold on MQL5. The EASY Trading Team does not sell the Cycle Sniper robot but has created this code based on its description. Share your experiences and results on our forum and help others make informed decisions.

 

[Vincent Vega]

I've conducted a thorough analysis using various price type settings for backtesting. The results revealed some intriguing patterns and potential areas for optimization. It's fascinating to see how different settings can significantly impact the performance metrics. This emphasizes the importance of fine-tuning and adapting strategies for optimal results.