Extracted algorithm research record
Snipe FX Pro
Tick scalping EA with ATR-based stop and target, and virtual exits.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 80.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Claim warnings
- VANISHING DRAWDOWN: claimed max drawdown 0.13%. Real equity curves do not stay this flat; this usually means the drawdown was measured on closed trades only, ignoring open losses.
- UNDATED CLAIM: performance figures are published with no test period, so they cannot be checked or reproduced.
Recorded market & execution profile
- Recorded markets
- XAUUSD
- Recorded timeframes
- M1
- Recorded sessions
- any
- Recorded regime
- volatile|trending|ranging
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| EMA | {"period": 50} | close |
| ATR | {"period": 14} | close |
Extracted strategy rules
Recorded long-entry rules
- price crosses above EMA(50) on M1
- ATR(14) > MinAtrPips
Recorded short-entry rules
- price crosses below EMA(50) on M1
- ATR(14) > MinAtrPips
Recorded exit rules
- working stop is ATR-based and clamped by MinStopPips/MaxStopPips
- target is derived from the stop: TP = working stop x RewardRatio
- break even move at BreakEvenTriggerPips, locking BreakEvenLockPips of real profit
- trailing validated at init: TrailingDistancePips must be smaller than TrailingStartPips
Recorded filters
- EMA trend filter
- ATR volatility floor
- MaxSpreadPips defaults to 1.5 and is checked at init
- Daily loss limit as a percent of the day's opening balance
- Stop loss
- ATR-based, clamped by MinStopPips/MaxStopPips
- Take profit
- derived from the stop: TP = working stop x RewardRatio
- Position sizing
- LotSize = 0.01, MaxSpreadPips = 1.5, MinAtrPips = 4.0, RewardRatio = 1.3
Questions about this record
What entry rules are recorded for Snipe FX Pro?
Long: price crosses above EMA(50) on M1 ATR(14) > MinAtrPips Short: price crosses below EMA(50) on M1 ATR(14) > MinAtrPips These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: XAUUSD. Timeframes: M1. These are source-recorded labels, not verified execution behavior.