Question 1

❓ What is SharpShooter EA MT4 and how does it work?

Accepted Answer

SharpShooter EA MT4 is a news trading robot that uses pending order strategies to capture rapid price movements during high-impact economic events.

Question 2

❓ What trading strategy does SharpShooter EA MT4 use?

Accepted Answer

SharpShooter EA MT4 applies a straddle strategy by placing multiple pending orders around price before news, aiming to profit from breakout volatility.

Question 3

❓ Which news events does SharpShooter EA MT4 focus on?

Accepted Answer

SharpShooter EA MT4 targets high-impact news like NFP, interest rate decisions, and speeches, filtering events to trade only during major volatility.

Question 4

❓ How does SharpShooter EA MT4 manage trades without stop loss?

Accepted Answer

SharpShooter EA MT4 uses dynamic exit logic and trailing mechanisms instead of fixed stop loss, but this increases risk during extreme market spikes.

Question 5

❓ What currency pairs does SharpShooter EA MT4 trade?

Accepted Answer

SharpShooter EA MT4 automatically selects major pairs like EURUSD, GBPUSD, and USDJPY based on the currency affected by upcoming news events.

Question 6

❓ Is SharpShooter EA MT4 suitable for beginners?

Accepted Answer

SharpShooter EA MT4 is better suited for experienced traders, as news trading involves high volatility, slippage risks, and requires proper broker conditions.

SharpShooter EA MT4 v3.0 with SetFiles

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