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SMC SNIPER

A free gold EA for the M15 chart built on Smart Money Concepts: market structure shifts and displacement, with retest entries.

SMC SNIPER cover art
MetaTrader 5Some experienceSmart Money ConceptsFree on MQL5

How it works

SMC Sniper looks for a market structure shift followed by a strong displacement move, then waits for price to retest the area before entering. Because the entries depend on precise retests, a low-spread ECN account works best.

Key features

  • Market structure shifts (MSS)
  • Displacement detection
  • Retest entries
  • Built for XAUUSD on M15
  • Minimum balance $200
  • Low-spread ECN account recommended

Suits you if

Traders who follow Smart Money Concepts and want to automate that style on gold.

Watch out for

Retest entries are sensitive to spread and slippage. Read the full details on the MQL5 listing and test on a demo account first.

At a glance

FREEPrice on MQL5
M15Timeframe
$200Minimum deposit

These details come from the MQL5 Market listing. Open the listing for screenshots, reviews, the latest version and the full settings. Backtests are hypothetical and do not predict future results.

Getting started

Four steps, in this order.

  1. Open the MQL5 page

    Use the button above. You need a free MQL5 account and MetaTrader 5.

  2. Download it free

    MetaTrader 5 installs it for you. Find it under Experts in the Navigator.

  3. Attach to XAUUSD

    Drag it onto a gold chart, tick Allow Algo Trading and load a recommended set file.

  4. Run on demo first

    Use a demo account for two to four weeks before going live with small lots.

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