In this post I will be reviewing the ATB Sniper Indicator that has been developed for use in the free to download MetaTrader 4 (MT4) trading platform. MT4 is one of the most popular forex trading platforms and is provided by most forex brokers worldwide. You can open a free demo trading account in MT4 to start trading with various different manual forex trading systems.
The ATB Sniper Indicator is a standalone indicator that uses price action analysis to build triangle patterns on your MT4 charts which can then in turn provide trade entry opportunities. You may take the ATB Sniper Indicator signals as they are or with additional technical, fundamental or price action analysis.
The ATB Sniper Indicator is very easy to interpret with many trading examples included thus making it suitable for novice and advanced forex traders.
ATB Sniper Indicator Features
The ATB Sniper Indicator works by simply placing it onto any currency pair and any time frame chart that you wish, for it to look for triangle patterns and build them on your charts for you. I mean you could do this yourself, but it is time consuming and can take years of practice and experience to perfect.
The fact that many forex traders also use triangle pattern means that the levels displayed can be useful. You will of course need to be selective with the trades that you take based on the triangle setups and also have good money management in place. I would want winning trades to outweigh losing trades with a good risk to reward ratio.
I would also use a reputable ECN forex broker for the best possible trading conditions which includes low spreads, low slippage and low commissions.
ATB Sniper Indicator Summary
Overall, the ATB Sniper Indicator does a great job to automatically find triangle patterns for you which can be a precursor to market moves thus giving you another edge with your trading analysis.
It is very flexible and will save you the time finding these triangle patterns and plotting them yourself as the ATB Sniper Indicator can analyse multiple currency pairs and time frames all at once.
It comes with detailed instructions, trade examples and a money back guarantee.