Ever wondered how top-tier scalping bots are built? Tired of running “black box” EAs with no control over the logic?

SniperEA Source Code V3.11 (MQ4) puts the power back in your hands. Whether you're a trader looking to analyze a professional EA or a developer hoping to tweak it for your own edge, this full MQ4 file gives you the raw trading engine behind one of the cleanest scalping systems YoForex has ever released.

Overview

  • Quick entries based on micro-trend detection
  • Exit conditions optimized for low drawdown
  • Built-in filters for volatility, spread, and slippage
  • Stop-loss and take-profit protection for prop-firm compliance

Key Features

• +Complete MQ4 source code – no encryption or obfuscation
• +Includes all input parameters and logic blocks
• +Scalping engine for M1–M15 timeframes
• +Supports all major pairs – optimized for EURUSD, GBPUSD
• +Custom risk manager and auto lot sizing built-in
• +Trade session filter (Asia, London, New York)
• +News filter logic included in comments
• +No martingale, no grid – pure sniper entries
• +Exit logic based on spread widening or volatility drops
• +Prop firm friendly (FTMO, MFF, etc.)
• +Zero-cost open-source release by YoForex

What’s Inside the Code?

  • Modular structure (easy to modify or copy sections)
  • Entry logic based on moving average crosses + RSI filters
  • Dynamic trailing stop and break-even logic
  • Built-in news filter shell for expansion
  • Error-handling functions to avoid broker rejections
  • Code comments for every block (great for learners)

Backtest Insights

• Tested pairs: XAUUSD
• Best timeframe: M5
• Average win rate: 72–78%
• Drawdown: 5–8% (depending on broker conditions)
• Trade frequency: 15–25 trades/day

Gold Trend Rider EA 2 9

Gold Trend Rider EA 1 17

How to Install and Use

  1. Download the .mq4 file from MQL5.software
  2. Open MetaEditor (included with MT4)
  3. Navigate to MQL4 > Experts folder
  4. Paste the MQ4 file
  5. Compile it in MetaEditor (you’ll get the .ex4 automatically)
  6. Launch MT4 and load the EA onto your preferred chart
  7. Set input parameters or modify the source before recompiling

Why YoForex Shares Source Code for Free

✔️ Free access to high-quality tools
✔️ No cracked software or spyware
✔️ Learn-from-the-code mentality
✔️ Ongoing support for developers & traders

Visit yoforex.net for more source code releases, indicator packs, and EA guides.

Support & Disclaimer

Need help understanding the code or modifying it?

• Message us anytime via WhatsApp
• Join 6,000+ traders and developers in our Telegram group

Disclaimer: This is an educational release. Please test all code on a demo account before any live deployment. Modify at your own risk, and ensure compliance with your broker’s terms.

Final Thoughts

There’s no better way to learn algo trading than by working with real code.

SniperEA V3.11 MQ4 gives you the foundation of a proven scalping system—and full freedom to innovate, optimize, or even rebuild it from scratch.

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YoForex – empowering traders worldwide, one free tool at a time.