Sniper Suite is an Expert Advisor that trades for its clients automatically, promising to be 100% stable and profitable since testing began back in 2001. Versions V1.5 and Ultimate Version X were recently released in June of 2020.
Overview
Like many other Expert Advisors, Sniper Suite was created to bring in profits for its users without requiring any effort from their side, aside from downloading and purchasing the software. This robot uses advanced price action and ATR indicators to make informed trading decisions while implementing a stop loss and cut-switch system to help cover any losses. Here are some of its most notable features:
- Works on the MetaTrader 4 and 5 platforms with any type of trading account
- Uses a stop loss on every trade
- Cut-switch system covers any losses that are incurred
- Developers recommend using the system on 3-5 pairs per account
- Works with all currency pairs and timeframes
In addition to being versatile, the robot seems to be a good choice for beginners that might not be able to earn the same amount of profits as more experienced investors; however, the system’s price is a bit high, making it more difficult for beginners to purchase.
Service Cost
Sniper Suite offers three separate packages to choose from:
Basic Plan: Basic EA system, works with 1 live account and 1 demo account for $1,599
Ultimate Plan: Ultimate EA system, works with 1 live account and 1 demo account for $5,525
Combo Plan: Basic & Ultimate EA system, 5 live account licenses and works with unlimited demo accounts for $7,000
The recommended minimum deposit is at least $1,000 on a regular trading account.
Conclusion
Sniper Suite is a versatile product because it works with both MT4 and MT5, where many other EAs only support the earlier MT4 version. It also works with all currency pairs and timeframes and can be used with any type of trading account. Certain features also help to cover losses, including the cut-switch feature and the fact that a stop loss is used on every trade. While everything looks good so far, the cost of this EA system is likely to be a dealbreaker for many traders. With $1,599 being the cost for the Basic version with just one live and demo license, it’s safe to say this the system is very pricey. Our best advice is only to purchase this system if you can make a large investment so that the robot will be able to earn back your profits more quickly, as it does cost right at $8K for the Combo plan.
