Bands Sniper Indicator MT4

Bands Sniper MT4 – Dynamic Envelope & TMA Entry Indicator

Want clear, visually-guided entry zones using support and resistance logic? **Bands Sniper** merges technical precision and clarity using envelope and TMA bands—plus dual-arrow confirmation for smarter entries. It simplifies execution, highlights entry timing, and removes guesswork for forex traders.

What Is Bands Sniper Indicator?

Bands Sniper is a MetaTrader 4 indicator developed by Abdulkarim Karazon. It overlays envelope and triangular moving average (TMA) bands on the chart, drawing simultaneous up/down arrows to signal potential buy or sell opportunities. The default settings target H1 timeframe, but it’s optimized to work effectively from M15 upward.

• Type: MT4 Indicator (non-EA)
• Strategy: Envelope + TMA band-based entry arrows
• Signals: Dual arrows inside bands trigger entries
• Version & Publish Date: v1.0, 22 August 2023
• Activations Allowed: 10
• Author: Abdulkarim Karazon

Why Bands Sniper Stands Out – Features & Benefits

Smart Band-Based Entries

BUY signals show when price dips below both bands, then closes inside band with dual up-arrows—similarly for SELL setups. This confirmation method improves entry accuracy.

Dual Take-Profit Targets

TP1 aligns with the middle band, while TP2 targets the opposite envelope band—giving structured exit options.

Minimal Stop-Loss Design

SL is placed just a few pips below the arrow—tight, logical protection aligned with signal structure.

Flexible Timeframe Use

Optimized for H1 by default but effective from M15 and above—adaptable to both intraday and swing styles.

Author Support Available

Users report:
> “With the correct filter the indicator is good and will make some money… the author is very helpful.”
Indicates post-purchase guidance is available.

Optimal Settings Guide

• Apply Bands Sniper to charts from M15 to H1 using default presets.
• Test live entry conditions; modify SL/TP levels as needed for your strategy.
• Use as visual entry tool—combine with own trade execution discipline.

Conservative Approach

Only act on signals within strong trend and high timeframe; ensure prior candle structure supports direction.

Aggressive Approach

Pair signals with momentum or volume filters for faster trades; use tighter SL with confirmation. Monitor closely.

Examples & Risk Management

For example: On H1 EURUSD, price closes below both bands, returns inside with two yellow/ orange arrows → setup triggers a BUY with SL slightly below arrow and TP1/TP2 levels drawn. Combine with higher timeframe trend for added confidence.

Comparison & Compatibility

• Indicator-only tool—not automated—so you remain in control of execution.
• More visual and signal-focused than raw envelope tools; better for actionable entries.

Discover more at the official Bands Sniper listing.

License & Usage

With EBFE90, you’ll get an unlimited personal license—enable it across your tools hassle-free. For commercial use, secure the official MQL5 license. More: Personal Use License (EBFE90).

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Why EBFE90?

• Fast access after purchase
• Unlimited personal usage across MT4 setups
• Powerful visual entry tool with structured support/resistance logic

FAQ – Bands Sniper MT4

• Q: What signals a BUY?
  A: Price closes below both bands then returns inside with two up arrows.
• Q: TP targets?
  A: TP1 is middle band; TP2 is opposite band.
• Q: Stop-Loss placement?
  A: A few pips below the signal arrows.
• Q: Which timeframes?
  A: Default H1; works from M15 upward.
• Q: Latest version?
  A: v1.0, 22 August 2023.
• Q: Author support?
  A: Yes—author is responsive via MQL5 PMs.
• Q: Activation limit?
  A: 10 per license.
• Q: What is it?
  A: MT4 indicator for dynamic support/resistance signals.

Conclusion

Bands Sniper MT4 is a visually intuitive tool for trading that blends envelope and TMA-based structures with dual confirmations. It simplifies entry and exit logic while offering clarity and actionable signals. With EBFE90’s effortless licensing, it’s a quick tool to integrate. Want cleaner, smarter entries? Buy Now and trade with clarity.